New here, struggling with position sizing given varying stop distances.

asked by u/chen_k · 17d · 0 answers

Hey everyone, just joined. Been dabbling for a bit, mostly on $SPY options and some $TSLA. One thing that consistently trips me up is position sizing when my stop loss varies significantly. If I'm risking, say, 1% of my account per trade, and sometimes my stop is 50 cents away, other times it's $5, I end up with wildly different share counts. Am I overthinking this, or is there a standard way folks adjust their share count based on stop distance to keep the dollar risk consistent? Thanks in advance.

Join the full discussion

Top answers

No answers yet. Be the first to answer.

Related questions