$BANK moves 3.0% an hour. Most people size it like a stablecoin.
A $1000 account can only risk $10 on this trade.
That’s 1% of the account.
The 1h ATR is 3.0% of $0.03070 = $0.000921.
To lose only $10 at that stop distance: $10 ÷ $0.000921 = 10,857 shares.
Tap $BANK and look at the last 24 hourly candles, the level is right there.
Size your position so a stop at 1 ATR costs exactly 1% of your account.
What’s your rule for position sizing?
Binance data as of 14 Sep 11:30 UTC. Not financial advice.
#BANK #TradingTips
A $1000 account can only risk $10 on this trade.
That’s 1% of the account.
The 1h ATR is 3.0% of $0.03070 = $0.000921.
To lose only $10 at that stop distance: $10 ÷ $0.000921 = 10,857 shares.
Tap $BANK and look at the last 24 hourly candles, the level is right there.
Size your position so a stop at 1 ATR costs exactly 1% of your account.
What’s your rule for position sizing?
Binance data as of 14 Sep 11:30 UTC. Not financial advice.
#BANK #TradingTips