$WLD moves 2.2 percent an hour. Most people size it like a stablecoin

Here is the math on a 1000 dollar account

At $0.55550 the hourly swing is 2.2 percent

That means a tight stop needs to be at least 2.2 percent away to avoid noise

Risking 1 percent of your account means losing 10 dollars if that stop hits

Divide your 10 dollar risk by the 2.2 percent distance

That gives you a total position size of around 454 dollars

Most traders skip this and just buy whatever feels right

Always calculate your risk before you open the trade

Do not take my word for it, tap $WLD and look at the candles

What percent of your account do you risk on each position

#WLD #TradingTips