Position size calculator
Decide how much you are willing to lose first, then let the stop-loss decide how much to buy. Many traders risk 1-2% of their money on one trade.
Buy this many coins6.1035costing $610.35 (12.2% of your money)
If the stop is hit you lose$50.001.00% of your money, fees included
Stop distance8.00%below your buy price
At the target you gain$120.73reward / risk 2.41 : 1
In a fast fall the sale can happen below your stop (slippage), so the real loss can be bigger. What is a stop-loss?