$STX moves 1.5% an hour. Most people size it like a stablecoin.
📊 Your $1000 account can’t risk $15 on a 1.5% stop.
That’s 1.5% of your account. not your position.
You want to lose only 1% of your account. That’s $10.
$10 divided by 1.5% of $0.32520 = $10 ÷ $0.00488 = 2049 $STX .
That’s your position size.
Stop at $0.32032. 1.5% below entry.
✅ Size your position so the stop distance costs 1% of your account.
What’s your rule for position sizing?
Binance data as of 23 Sep 10:20 UTC.
#STX #TradingTips
📊 Your $1000 account can’t risk $15 on a 1.5% stop.
That’s 1.5% of your account. not your position.
You want to lose only 1% of your account. That’s $10.
$10 divided by 1.5% of $0.32520 = $10 ÷ $0.00488 = 2049 $STX .
That’s your position size.
Stop at $0.32032. 1.5% below entry.
✅ Size your position so the stop distance costs 1% of your account.
What’s your rule for position sizing?
Binance data as of 23 Sep 10:20 UTC.
#STX #TradingTips