First post — new here, question on position sizing for different strategies.
Hey everyone, just joined. Been trading for about a year, mostly discretionary equities, some $SPX options. I'm struggling with how to properly size positions when I have different strategy types running simultaneously. For example, a swing trade on $GOOG vs. a short-term scalp on $NQ futures – should the risk per trade be a consistent percentage of my total account, or should I scale it based on the expected holding period/volatility of the instrument? Feels like I'm either under-risking on one or over-risking on another. How do you all approach this when managing a mixed portfolio?
For swing trades and options, a consistent percentage works well. Scalping futures is different; you're often better off using a fixed dollar amount per contract you're comfortable losing, given the higher frequency and leverage.