Quote from psytrade:
What is is your position sizing for this system?
% risk, or % allocation, or other?
%allocation, although i definitley monitor risk very closely but not as mechanical because i scale in and out and do not like setting ratio targets either because i let winners run as much as possible to squeeze out as much gain. (i.e. i am not going to set an arbitrary proce traget based upon a 3-1 or 4-1 risk, etc...)