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PMby u/pmarinescu·3hQuestion

New to the forum, quick question on risk sizing strategy

Hey everyone, just joined. Been trading for about a year, mostly active on $EURUSD and $GBPUSD, trying to get a handle on consistent profitability. I've been experimenting with risk sizing based on ATR, but sometimes it feels like I'm still taking too big a hit on losing trades, even when I'm right on the overall direction. My question is, beyond just fixed percentage or ATR, do any of you seasoned traders use a more dynamic approach that perhaps factors in recent win/loss streaks, or even account for different asset volatility in a more nuanced way than just ATR? I'm trying to refine my equity management.

2 comments · 1 points

2 Comments

AOu/aozturk·2h

Welcome! Have you considered position sizing based on your account's daily loss limit rather than just per-trade risk? It's a different way to frame the same problem.

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YAu/yanyamamoto·3h

Welcome! Are you accounting for correlations between your EURUSD and GBPUSD positions when sizing, especially if they are moving in similar directions? That could be amplifying your losses.

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