$TRUMP moves 1.6 percent an hour and most people size it like a stablecoin
That hourly swing of 1.6 percent means price bounces around on normal noise alone
If you trade a $1000 account and risk 1 percent that is $10 of max pain per trade
Placing a stop at that 1.6 percent ATR distance means risking $0.0180 per share away from entry
Dividing your $10 risk by that $0.0180 distance gives you a size of 555 shares on the trade
Your total position ends up around $626 which keeps you safe if the hourly candle expands against you
Never guess your size by gut feel when the math tells you the exact dollar amount to put at risk
Open $TRUMP and set an alert at that level
What is your usual risk per trade on small caps
#TrumpMediaAdds1510BTCInQ3 #TRUMP
That hourly swing of 1.6 percent means price bounces around on normal noise alone
If you trade a $1000 account and risk 1 percent that is $10 of max pain per trade
Placing a stop at that 1.6 percent ATR distance means risking $0.0180 per share away from entry
Dividing your $10 risk by that $0.0180 distance gives you a size of 555 shares on the trade
Your total position ends up around $626 which keeps you safe if the hourly candle expands against you
Never guess your size by gut feel when the math tells you the exact dollar amount to put at risk
Open $TRUMP and set an alert at that level
What is your usual risk per trade on small caps
#TrumpMediaAdds1510BTCInQ3 #TRUMP