New here, trying to get my head around position sizing variance

asked by u/brandonlee · 3d · 1 answers

Hey everyone, just joined. Been dabbling for a bit now, mostly with $ES and $NQ, and I'm really trying to get more consistent. One thing that keeps tripping me up is position sizing. I understand the basic risk per trade calculation, but I find myself tweaking it almost unconsciously based on how "good" a setup feels. Sometimes it works out, sometimes I take a bigger hit than I should on a low-probability trade I got overconfident about.

How do you all handle the urge to vary your size? Do you have strict rules you never break, or do you build in some flexibility while still staying within your overall risk parameters? Genuinely curious if there's a more nuanced approach than just sticking to one fixed percentage of capital.

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Top answers

  • u/hannah37· 0 pts· 2d

    It's a common challenge to stick to a predefined position size, especially when conviction levels vary. Have you considered developing a clear system for ranking your setups, perhaps with different position sizes tied to those ranks, to make it a more conscious and less emotional decision?

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