$JTO moves 1.4 percent an hour so stop guessing your size
Most traders blow accounts because they match position size to their feelings instead of the actual math
Take a thousand dollar account and a one percent risk rule which means you can only lose ten dollars if you are wrong
The current hourly swing is 1.4 percent of price which puts $JTO at a zero point zero zero eight dollar risk per single coin using the latest hourly volatility
Divide your ten dollar max loss by that zero point zero zero eight dollar risk and you get roughly twelve hundred coins to buy
That simple math keeps you in the game when price wobbles around zero point five seven eight one zero dollars
Always calculate your size from the stop distance before you place the order
What position size formula do you use
#JTO #TradingTips
Most traders blow accounts because they match position size to their feelings instead of the actual math
Take a thousand dollar account and a one percent risk rule which means you can only lose ten dollars if you are wrong
The current hourly swing is 1.4 percent of price which puts $JTO at a zero point zero zero eight dollar risk per single coin using the latest hourly volatility
Divide your ten dollar max loss by that zero point zero zero eight dollar risk and you get roughly twelve hundred coins to buy
That simple math keeps you in the game when price wobbles around zero point five seven eight one zero dollars
Always calculate your size from the stop distance before you place the order
What position size formula do you use
#JTO #TradingTips