About position sizing:
Per-trade risk is the amount lost when a trade hits its stop-loss. It is roughly equal to the position's notional value multiplied by the stop-loss distance as a percentage.
Keeping per-trade risk sufficiently small ensures that your account still has enough funds after several consecutive incorrect calls, so one or two mistakes won't deal a crippling blow.
$BTC 81546.38(-0.59%)
Per-trade risk is the amount lost when a trade hits its stop-loss. It is roughly equal to the position's notional value multiplied by the stop-loss distance as a percentage.
Keeping per-trade risk sufficiently small ensures that your account still has enough funds after several consecutive incorrect calls, so one or two mistakes won't deal a crippling blow.
$BTC 81546.38(-0.59%)