Determine the optimal number of coins to buy based on your account size, risk tolerance, and stop-loss placement. Never risk more than you can afford to lose.
The 1-2% rule. Professional traders rarely risk more than 1-2% of their account on a single trade. This ensures you can survive a losing streak without blowing your account.
Place your stop-loss at a technical level. Don't set arbitrary stops. Place them below support levels (for longs) or above resistance (for shorts) where the trade thesis is invalidated.
Wider stops = smaller position. If your stop-loss is far from entry, the calculator will automatically reduce your position size to maintain the same dollar risk.
Watch the leverage indicator. If the calculator shows you need more than 5-10x leverage, consider either reducing your position or widening your risk tolerance. High leverage dramatically increases liquidation risk.
Account for fees. Remember that trading fees (typically 0.04-0.1% per side) reduce your effective position. Factor this into your risk calculations for tighter stops.