$ZK moves 1.4 percent an hour and most people still blow their account on a single trade
You have one thousand dollars in your wallet and want to put some of it to work without losing your shirt
The hourly swing on $ZK is 1.4 percent right now which means a normal stop sits right at that distance
If you put one hundred dollars into $ZK and the stop hits you lose a dollar which is nothing
If you put the whole thousand into $ZK and the stop hits you lose ten dollars on one hourly wiggle
Position sizing means you risk one percent of your cash no matter how many coins you buy
Keep your risk tiny on every single trade so one bad hour never stops you trading tomorrow
What risk percentage do you use on your current trades
#ZK #TradingTips
You have one thousand dollars in your wallet and want to put some of it to work without losing your shirt
The hourly swing on $ZK is 1.4 percent right now which means a normal stop sits right at that distance
If you put one hundred dollars into $ZK and the stop hits you lose a dollar which is nothing
If you put the whole thousand into $ZK and the stop hits you lose ten dollars on one hourly wiggle
Position sizing means you risk one percent of your cash no matter how many coins you buy
Keep your risk tiny on every single trade so one bad hour never stops you trading tomorrow
What risk percentage do you use on your current trades
#ZK #TradingTips