$ZRO moves 2.1 percent an hour and people still size it blind
Look at the math before you click buy on $ZRO right now
Your account is 1000 dollars and you want to risk only 10 dollars
The hourly swing is 2.1 percent or about 0.046 dollars per share from the current 2.1740 price
Divide your 10 dollar risk by that 0.046 dollar swing to get your exact share count
That gives you about 217 shares of $ZRO for that specific distance
If the hourly move hits your stop you lose your ten dollars and nothing more
Position size is math not a feeling
What size do you use on high vol days
#ZRO #TradingTips
Look at the math before you click buy on $ZRO right now
Your account is 1000 dollars and you want to risk only 10 dollars
The hourly swing is 2.1 percent or about 0.046 dollars per share from the current 2.1740 price
Divide your 10 dollar risk by that 0.046 dollar swing to get your exact share count
That gives you about 217 shares of $ZRO for that specific distance
If the hourly move hits your stop you lose your ten dollars and nothing more
Position size is math not a feeling
What size do you use on high vol days
#ZRO #TradingTips