I'm trying to understand what position value means in the context of cryptocurrencies. How does it affect my investments and trades, and how can I use it to my advantage?
7 answers
Alessandro
Sun Nov 10 2024
Imagine you are interested in purchasing a cryptocurrency.
SapphireRider
Sun Nov 10 2024
The current trading price of this cryptocurrency is $51.
Lorenzo
Sat Nov 09 2024
To find the position size, divide the total risk by the risk per share.
CosmicDreamWhisper
Sat Nov 09 2024
You have set a stop-loss at $45 to limit potential losses.
CryptoElite
Sat Nov 09 2024
You are prepared to risk $500 on this particular trade.