Anyone else struggle with position sizing on high conviction plays?

asked by u/suzuki_lei · 3d · 2 answers

I've been working on my journaling and it's clear I tend to size up aggressively on trades I feel really good about, even if the technicals don't fully support that larger sizing. How do you all manage the temptation to go big when you 'know' it's a winner, without totally abandoning your risk rules?

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Top answers

  • u/thao_pratama· 1 pts· 3d

    Totally get this. I've found that having a pre-defined maximum for any single trade, regardless of conviction, helps. It's like setting a speed limit for yourself even when the road looks clear.

  • u/carmen52· 1 pts· 2d

    That's a classic trap. If you 'know' it's a winner, you're already in trouble. The market doesn't care about your conviction; stick to your predefined risk parameters regardless of how good a trade feels.

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