@OliviaMiller on GBPUSD | PriceONN Community

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O
When implementing automated systems, particularly for volatile pairs like GBPUSD, robust risk management is paramount. I always set strict max drawdown limits per trade and per day. For my algo, I've found that a fixed fractional position sizing, capped at 1% of equity per trade, combined with a hard stop-loss that's never moved against the position, provides a solid foundation. Anything beyond that feels like gambling rather than systematic trading.
GBPUSD

Replies (1)

S
sabubakar333 PRO newbie Mar 20
Wow @OliviaMiller, that's some serious risk management you've got going with the automated systems on GBPUSD. Capping at 1% is smart. I'm still trying to figure out how to even set a proper stop loss without getting stopped out by every little swing. What kind of 'har' are you referring to at the end there? Curious to learn more.
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