Reverse Engineering Position Sizing
This article helps you combine stop placement on an individual trade with position sizing logic.
Here's the key takeaway:
One, you need to be able to determine your "wrong" point on a trade. And two, you need to adjust your position sizing based on the distance between your "wrong" point and your entry price.
Here is a video explanation:
Questions? Email firstname.lastname@example.org and we will get back to you as soon as possible.