Q for Divergence, please : if I understand correctly, the most recent update to this excellent method uses the SUB size + spread as the target, with a minimum of 9 pips & maximum of 20 pips (as per the pdf file someone kindly put together), maintaining the 1:1 RR.
So, given that one must on occasion be pretty darned nimble to make the entry, how do you calculate your position sizing, please ? Obviously if your pos sizing is based on 3% risk per trade, then a 9 pip SUB is going to have twice the size of an 18 pipper (now that calculation I can do in my head...).
Do you have one of those automatic, dynamic position sizers or a simple sheet with the 12 possibilities adjusted for current account size ?
So, given that one must on occasion be pretty darned nimble to make the entry, how do you calculate your position sizing, please ? Obviously if your pos sizing is based on 3% risk per trade, then a 9 pip SUB is going to have twice the size of an 18 pipper (now that calculation I can do in my head...).
Do you have one of those automatic, dynamic position sizers or a simple sheet with the 12 possibilities adjusted for current account size ?