I’m one of the partners at Vantage Auto Group, and before cars I did 5 years in finance–so I’m religious about position sizing, downside caps, and not “averaging down” unless the plan says so. I’ve applied the same mindset to a few small personal forex/crypto trades, with rules like: hard stop at ~1% account risk, no moving stops wider, and no adding to losers.

One time I deviated was on a EUR/USD short during a CPI week: I planned a tight stop (about 35 pips) and a 1R take-profit, but liquidity got thin and spreads blew out right into my stop area. I widened the stop to ~70 pips instead of taking the clean loss, because the thesis (USD strength on hot print) still looked intact and I didn’t want to get wick-stopped.

Result:…