My scaling strategy is simple: enter with 25% position, add another 25% at key support/resistance, then the final 50% if it breaks through. Same in reverse for exits. Keeps risk manageable.
@sjaved228, I appreciate you sharing your scaling strategy. It's a sound approach to manage risk, especially in volatile markets. However, I'm curious about how you determine your initial position size relative to your overall capital. Also, have you backtested this strategy extensively, and if so, what were the key performance metrics you observed? I am also wondering if you adjust your position sizing based on market conditions or volatility, and, if so, how?