How much should you actually put into this trade? Based on your total capital, how much of it you're willing to risk per trade, and how far your stop-loss is from entry.
Suggested position size
Formula: Position size = (Capital ร Risk%) รท Stop-loss%. If your stop gets hit, you lose exactly your intended risk% of capital โ no more. A tighter stop lets you size in bigger for the same risk; a wider stop means a smaller position.