$GTC moves 6.6 percent every single hour. Most traders size it like a stablecoin and blow up
On a one thousand dollar account you risk ten dollars total
The one hour ATR on $GTC is 6.6 percent right now
That means a normal hourly swing takes the price down 0.017 dollars from 0.25862
Divide ten dollars of risk by that 0.017 swing to find your exact size
You buy 588 dollars of $GTC and keep the rest in cash
When the inevitable hourly chop hits you stay in the trade
What stop distance do you normally use on high volatility charts
#GTC #TradingTips
On a one thousand dollar account you risk ten dollars total
The one hour ATR on $GTC is 6.6 percent right now
That means a normal hourly swing takes the price down 0.017 dollars from 0.25862
Divide ten dollars of risk by that 0.017 swing to find your exact size
You buy 588 dollars of $GTC and keep the rest in cash
When the inevitable hourly chop hits you stay in the trade
What stop distance do you normally use on high volatility charts
#GTC #TradingTips