Hi everyone !
It would be great if someone also use the ATR as risk management to help me!
simple question but I don’t get it :
When the ATR is showing up 3 digits should I only use the first two digits or use all three digits ?
(to use for the risk formula)
I found my own answer, for anyone in future wondering.
Take all 3 digits, if the number is for exemple something like “0.007”, It’s probably because you balance is too small …
I think you should consider taking all 3 digits. All the best.
You can try taking all the three digits and that would work best for you. It is very important to work on risk management.
I am glad that you found your answer on your own. It gives a lot of inspiration to other traders as well. If you are apt with your learning, there is nothing that can stop you from making profits in the market. You can trade in accordance with what you understand, regardless of what others are doing.