Methodology · Crypto · IV.6
Fractional sizing
Equity sizing floors to whole shares (II.8). For crypto that is wrong — a $250 risk on a $60k coin floors to 0 units. Crypto sizes in fractional units:
riskPerUnit = |entry − stop|
rawUnits = (accountSize × riskFraction) / riskPerUnit
units = floor(rawUnits / unitStep) × unitStep unitStep = 1e-6 for crypto
The label is "units" (or the coin), not "shares." Equities keep unitStep = 1
(reproducing today's whole-share floor exactly). As with equities, size is a function of
stop distance, not conviction. riskFraction 0.01 and exampleAccount 25000
(USD) are unchanged.