$SUI moves 2.8% an hour. Most people size it like a stablecoin.
A $1000 account can only afford a 1% loss. That’s $10.
The 1h ATR is 2.8% of $1.0105 = $0.0283.
To lose only $10, I divide $10 by $0.0283.
That’s 353.36 coins.
I buy 353 $SUI .
Stop at 1 ATR below entry. That’s the rule.
What’s your position size rule for volatile coins?
Binance data as of 21 Sep 09:30 UTC.
#SUI #TradingTips
A $1000 account can only afford a 1% loss. That’s $10.
The 1h ATR is 2.8% of $1.0105 = $0.0283.
To lose only $10, I divide $10 by $0.0283.
That’s 353.36 coins.
I buy 353 $SUI .
Stop at 1 ATR below entry. That’s the rule.
What’s your position size rule for volatile coins?
Binance data as of 21 Sep 09:30 UTC.
#SUI #TradingTips