Disliked{quote} Hello BM, thanks for your answer. So your trading a textbook ABCD with an aggressive C entry, right? Do your rules tell you to half your position because this is a longer term trade and hence the SL is bigger? Is this a live trade by the way?Ignored
For FX, I sometimes enter 4 or 5 times, I decide beforehand how many entries to break the trade up into depending on structure areas present and my position size is simply adjusted for my SL in $$$. There are weeks where I trade 1/4 or 1/5 position size the entire week but those small wins add up. Watch how Mr. Pip will trade 30 contracts on the long term, but will enter up to 150 contracts if necessary.
I typically only post YM on here but I can post a few FX charts if anyone's interested.
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