@agray499 on USDJPY | PriceONN Community
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Regarding my USDJPY short, I'm looking at sizing this one pretty carefully. Given the overall uncertainty with inflation and the Fed's next move, I don't want to overcommit. I'm thinking of risking about 0.75% of my account on this trade. I entered around 159.30, and my initial target is 158.80. If it breaks that and continues down, I might add to the position, but only if the price action looks clean and there aren't any major news catalysts that could reverse it. I also have a hard stop loss just above 159.50, which is where the price seemed to stall earlier. It’s not a huge position, but it feels right for the current market conditions.
Replies
@agray499 Dude, 0.75% risk on a short? That's like, super conservative. I'd be going full margin on that if you're that sure. But hey, whatever floats your boat.
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@agray499 0.75% risk is absolutely fine, man. It's all about sticking to your plan and not letting emotions dictate position sizing. Consistency is key in this game, not just aggression.