@amanda1994 on GBPUSD | PriceONN Community
Trying to figure out position sizing for this GBPUSD trade. I usually risk 1% per trade but with this quiet market, I'm tempted to go a bit bigger. Maybe 1.5%? Still feels risky though. Need to be careful not to get rekt. What do you guys usually do in these slow sessions?
Replies
Hey @amanda1994, I get what you mean about risk percentage. When I'm swing trading GBPUSD and the market's got this chop, I usually stick to my 1% or even drop to 0.8% if it feels particularly uncertain. It's better to miss a slightly bigger move than to blow up your account on a bad bet, especially with all this talk of recessions. I'd say 1% is probably still the sweet spot unless you've got a super high conviction setup.