$BMT moves 6.5 percent an hour and most people size it like a stablecoin
That hourly swing of 6.5 percent is the ATR right now at a price of 0.03378
If you put a stop at that exact distance you need to protect your capital properly
Let us take a standard account of 1000 dollars to see how the math works
You only want to risk 1 percent of that total which is 10 dollars total
Divide that 10 dollar risk by the 6.5 percent hourly move size
That gives you a total position size of about 153 dollars in the trade
Do not risk more than that on $BMT just because it feels quiet at 54 RSI
Always calculate your position size from your stop loss before you enter
How do you usually figure out your size on a volatile coin like $BMT
#BMT #TradingTips
That hourly swing of 6.5 percent is the ATR right now at a price of 0.03378
If you put a stop at that exact distance you need to protect your capital properly
Let us take a standard account of 1000 dollars to see how the math works
You only want to risk 1 percent of that total which is 10 dollars total
Divide that 10 dollar risk by the 6.5 percent hourly move size
That gives you a total position size of about 153 dollars in the trade
Do not risk more than that on $BMT just because it feels quiet at 54 RSI
Always calculate your position size from your stop loss before you enter
How do you usually figure out your size on a volatile coin like $BMT
#BMT #TradingTips