$QNT is down 4 percent today and most traders still chase the wrong side When you buy near the bottom of a 24h range like 190.9000 you are buying from someone who panic dumped The 7 day high was way up at 226.0100 which is 15.1 percent higher than right now Volume is sitting at half the average so nobody major is stepping in to rescue the drop That means retail sellers are dumping into weak hands hoping for a bounce that lacks fuel The 1h RSI is 42 showing weak momentum rather than a washed out bottom ready to reverse Never buy a falling knife just because it looks cheap compared to yesterday What is your personal rule for avoiding a weak dip
$APT moves 1.3 percent an hour and most people size it totally wrong They guess an amount instead of doing the math on the actual chart Imagine you have a 1000 dollar account and want to risk just 1 percent of it The 1h ATR sits at 1.3 percent of the current 0.77820 price That means your stop needs room of about 0.0101 dollars to survive a normal hourly swing Risking 10 dollars total with that exact distance means your position size should be roughly 778 dollars Put more cash in and a standard hourly chop triggers your stop before the move even starts What size do you normally use on a swing like this