Question on position sizing for macro shifts
I'm still fairly new to trading beyond just basic support/resistance. I've been watching the sentiment polls here on $EURUSD and the general consensus seems to be shifting, with a lot of talk about a potential structural change rather than just noise. When you're trying to position for what might be a longer-term macro move, how do you handle your initial position sizing? Do you scale in more slowly than for a short-term scalp, or do you take your usual full risk and just mentally prepare for a wider stop loss? It feels like the conventional wisdom on risk per trade gets a bit blurry when the timeframe extends this much. Any thoughts on how you adjust?
For macro shifts, I tend to use smaller initial positions and scale in, but I'll also pre-define a maximum allocation if the thesis strengthens. It helps manage risk early on.