Most people risk too much because they ignore volatility.
My account is $1000. I’m willing to risk 1% = $10.
STRK’s 1h ATR is 1.6% of price.
Price is 0.02864.
1.6% of 0.02864 = 0.000458.
My stop would be 0.000458 away from entry.
To risk $10, I divide: $10 ÷ 0.000458 = 21,834 shares.
That’s my position size: 21,834 STRK.
On the next trade, I size to risk 1% of account based on ATR, not feel.
What’s your rule for position sizing?
#TradingTips #STRK
Not financial advice. My levels, my risk.
My account is $1000. I’m willing to risk 1% = $10.
STRK’s 1h ATR is 1.6% of price.
Price is 0.02864.
1.6% of 0.02864 = 0.000458.
My stop would be 0.000458 away from entry.
To risk $10, I divide: $10 ÷ 0.000458 = 21,834 shares.
That’s my position size: 21,834 STRK.
On the next trade, I size to risk 1% of account based on ATR, not feel.
What’s your rule for position sizing?
#TradingTips #STRK
Not financial advice. My levels, my risk.