What to consider on position sizing on Forex?

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oem7110
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What to consider on position sizing on Forex?

Post by oem7110 » Fri Jun 13, 2014 6:24 pm

I would like to know on what to consider on position sizing on Forex

Does anyone have any suggestions?

Thanks in advance for any suggestions

gunter
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Post by gunter » Sun Jun 15, 2014 7:17 am

Obtain the original turtle rules on the internet and read the section on position sizing.

No matter what instrument you are trading, position sizing principles stay the same.

oem7110
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Post by oem7110 » Sun Jun 15, 2014 10:15 am

gunter wrote:Obtain the original turtle rules on the internet and read the section on position sizing.

No matter what instrument you are trading, position sizing principles stay the same.
Does turtle rule take about adding position?

Do you have any suggestions?
Thank you very much for any suggestions :>

sluggo
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Post by sluggo » Sun Jun 15, 2014 10:31 am

The Original Turtle Trading Rules (.pdf) talks about adding to existing positions, a tactic which some people describe as "pyramiding".
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gunter
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Post by gunter » Sun Jun 15, 2014 2:21 pm

As sluggo pointed out, Turtle rules do talk about pyramiding.

However, be aware that pyramding makes the equity curve more volatile, and can even cause profitable systems to become unprofitable as a fully pyramid position can become top-heavy at the end of a trend.

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