It really depends on the probability of the trade working out so the higher it is the bigger the size of my first entry and vice versa.
If for example a trade does not meet all of my entry criteria but still has a higher-than-average chance of been profitable then I will enter with a smaller size first and continue to add at certain intervals if the price moves backwards until I have acquired the full position. In doing so I substantially reduce the overall price I paid for the whole parcel. Parcel size can vary anywhere from 50k initially and up to 500k for the complete parcel.
I use a similar strategy on my exists if the momentum is there then I will exist in smaller parcels as the price continues to move higher therefore maximizing profits.
With oppies I will go in with a bigger trade size anywhere from 500k for an initial parcel and up to 5mil for the complete parcel again depending on how high/low the probability of the trade working out is. A quick 1 or 2 pips move higher and you have yourself a very handsome ROI.
Hope this helps and good to hear you have been doing well. Have a good weekend.
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