$ICP moves 1.0 percent an hour and people still size it blind
Look at the 1h ATR sitting right at 1.0 percent of price
That tells you the exact normal hourly swing for $ICP right now
Here is how I size a position on a thousand dollar account so a stop that far only risks 10 dollars
Ten dollars is one percent of the whole account
If you put your stop at one ATR away you divide ten by that one percent move
That gives you a total position size of one thousand dollars worth of $ICP
Always match your size to the hourly swing instead of guessing
What size do you normally use on $ICP
#ICP #TradingTips
Look at the 1h ATR sitting right at 1.0 percent of price
That tells you the exact normal hourly swing for $ICP right now
Here is how I size a position on a thousand dollar account so a stop that far only risks 10 dollars
Ten dollars is one percent of the whole account
If you put your stop at one ATR away you divide ten by that one percent move
That gives you a total position size of one thousand dollars worth of $ICP
Always match your size to the hourly swing instead of guessing
What size do you normally use on $ICP
#ICP #TradingTips