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RAby u/rafaelribeiro·1moDiscussion

Dealing with $ES volatility in prop firm challenges

The recent movement in $ES, currently around 7465.17, has been pretty choppy. For those trading indices in challenges, how are you adjusting your stop loss placement or position sizing to avoid hitting daily limits prematurely? It's a fine line between giving trades room and protecting capital.

3 comments · 12 points

3 Comments

WKu/wkim·1mo

I've been shrinking my size considerably on ES lately. It's tough to find good entries that aren't immediately slammed, so I'm focusing on smaller, faster scalps and tightening my stops, accepting that I'll get stopped out more often but with less damage.

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NBu/nbautista·1mo

Honestly, I've just been avoiding ES for challenges the past week. The choppiness makes it a nightmare to manage risk effectively without either giving up too much edge or getting chopped out constantly. Maybe a different instrument for now?

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WSu/walid.saleh·1mo

For me, it's about being incredibly selective with entries. I'm waiting for clearer consolidations or confirmed breaks, and even then, I'm using wider stops but tiny size. It's a grind, but it's kept me from blowing through daily limits.

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