What is Yourtrading Size?

[Obsidian 10]

Your trading systems tell you about what to trade and when to trade...but how do you set the size of your trades?

 

For example, I do not open more than 4 positions. I do not risk more than 0.5%/position.

[Colonel B 10]

Depending on the VIX I usually go 20 on the ZN / ZB. If I am not feeling good or I am confused or have a conflicting idea I reduce my size. I don't go larger then 20 on the ES because I prefer the bonds. But I will take trades on the ES. Again I reduce my size if the premarket looks funny or is giving conflicting info up to and after the open. I have never worked at a company that bought into that only bet a percentage of your total account stuff so I don't go by that. But one thing I do go by is the next 100-1000 trades. If your account cant take 100 trades or better yet 1000 trades then you are too small or too short term IMO.

[jpennybags 11]

Your trading systems tell you about what to trade and when to trade...but how do you set the size of your trades?

 

I've found that I'm mentally comfortable with taking a $200 loss on a failed trade. If I need to buy a wider stop, I decrease the position size. I don't have an explanation for why the number is $200... just a mental thing.

[Manihi 10]

In my ES set profit strategy I start with 1 contract and increase by one each time it fails to achieve the target.I am starting with zero leverage. Boring ,but safe.

 

The target is net 2 points.

 

The worst sequence is 4 losses;so far;)

[mohsinqureshii 10]

Your trading systems tell you about what to trade and when to trade...but how do you set the size of your trades?

 

For example, I do not open more than 4 positions. I do not risk more than 0.5%/position.

 

0.5% in a single trade or all 4 positions ? and 0.5% of the total account size ?

 

By the way how much do you expect while risking 0.5% ?

[Obsidian 10]

0.5% in a single trade or all 4 positions ? and 0.5% of the total account size ?

 

By the way how much do you expect while risking 0.5% ?

 

0.5% is max risk per position, so I don't have a fixed size. It depends on signal strength and time frame.

 

profit targets also varies though min r/r is 1/1.