Question on position sizing for ranging pairs

asked by u/lottemurphy · 3h · 0 answers

Been trading for about eight months now, mostly on $EURUSD and $GBPUSD. I'm finding that my typical 1-2% risk per trade often feels too large on ranging days where stops need to be tighter to catch moves within a well-defined channel, but then I'm also getting stopped out more frequently. I've seen some talk about dynamic position sizing, but not much practical application beyond reducing size for higher volatility. For those who trade tight ranges, do you ever just flat out reduce your percentage risk per trade below your standard for these conditions, or do you focus more on adjusting stop loss placement relative to the range boundaries and just accept the higher stop-out frequency?

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