$ETHFI moves 2.0 percent an hour and most people size it like a coin going nowhere
You see a $1000 account and want to risk just 10 dollars on a trade
That 10 dollar risk is 1 percent of your total money
The 1h ATR tells you the normal hourly swing is 2.0 percent of price
With $ETHFI at $0.63210 that one hour move equals about 0.012 dollars per share
Put your stop loss one ATR away at that distance and divide your risk by that move
That gives you about 770 units to trade without blowing your stack
Always calculate your size from your stop loss instead of guessing your margin
How do you usually figure out your size
#ETHFI #TradingTips
You see a $1000 account and want to risk just 10 dollars on a trade
That 10 dollar risk is 1 percent of your total money
The 1h ATR tells you the normal hourly swing is 2.0 percent of price
With $ETHFI at $0.63210 that one hour move equals about 0.012 dollars per share
Put your stop loss one ATR away at that distance and divide your risk by that move
That gives you about 770 units to trade without blowing your stack
Always calculate your size from your stop loss instead of guessing your margin
How do you usually figure out your size
#ETHFI #TradingTips