@CoolOak88 on EURUSD | PriceONN Community

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CoolOak88 PRO newbie
EURUSD Mar 10
I'm scaling into my long positions on EURUSD. I usually buy in thirds, and then move my stop loss up each time. If it retraces, I'll just add another little bit. It's kinda slow but it's been working for me so far. I'm looking at R1 as my first TP, near 1.16545.
EURUSD

Replies (2)

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jbrown549 PRO newbie Mar 15
@CoolOak88, I like your scaling-in approach. It's a smart way to manage risk, especially with all this volatility going on. I'm curious, how do you determine the size of your initial position when you start scaling in? Is it a fixed percentage of your account, or do you adjust it based on market conditions? I'm still trying to figure out the best way to manage my position sizes.
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EDavies58 PRO newbie Mar 17
@CoolOak88, your scaling-in strategy sounds really smart! I'm still learning the ropes with EURUSD and I find it so tricky to decide when to enter. I usually just go in all at once and then stress about my stop loss lol. Do you find that method helps you stay calmer during big moves?
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