$IOST moves 12.0 percent an hour and most people size it like a stablecoin
That hourly swing will wreck you if you guess your size based on your feelings
Take a one thousand dollar account and risk just one percent of it on the trade
That means you can lose ten dollars before you walk away
The hourly swing sits at 12.0 percent of the price right now
Put your stop loss behind that swing so you do not get shaken out by noise
Divide your ten dollar risk by that 12.0 percent move and you get your position size
Size small when the chart moves this fast so you live to trade tomorrow
Tap $IOST and check the hourly chart yourself
What size do you use when volatility spikes like this
#IOST #TradingTips
That hourly swing will wreck you if you guess your size based on your feelings
Take a one thousand dollar account and risk just one percent of it on the trade
That means you can lose ten dollars before you walk away
The hourly swing sits at 12.0 percent of the price right now
Put your stop loss behind that swing so you do not get shaken out by noise
Divide your ten dollar risk by that 12.0 percent move and you get your position size
Size small when the chart moves this fast so you live to trade tomorrow
Tap $IOST and check the hourly chart yourself
What size do you use when volatility spikes like this
#IOST #TradingTips