$NEAR moves 0.9 percent an hour yet traders still gamble random sizes
Volatility dictates your position size not your gut feeling
Look at $NEAR trading at 4.2570 dollars with a tight hourly swing
On a 1000 dollar account risking 1 percent means 10 dollars lost
If you place your stop at the 1h ATR distance of 0.9 percent away
That 0.9 percent move means your total position size should be roughly 1100 dollars
Too many traders buy a flat amount and get wrecked by normal noise
Calculate your risk before you enter every single time
How do you calculate your risk size
#NEAR #TradingTips
Volatility dictates your position size not your gut feeling
Look at $NEAR trading at 4.2570 dollars with a tight hourly swing
On a 1000 dollar account risking 1 percent means 10 dollars lost
If you place your stop at the 1h ATR distance of 0.9 percent away
That 0.9 percent move means your total position size should be roughly 1100 dollars
Too many traders buy a flat amount and get wrecked by normal noise
Calculate your risk before you enter every single time
How do you calculate your risk size
#NEAR #TradingTips