Position Sizing

What the book says is that by using the daily pivot range, you can effectively increase you bet size without increasing your risk.So if you are risking $1000 per trade, and the stop is 50 pips away, you effectively bet $20 a pip. If however, you can move your stop to say the bottom (or top) of the pivot, and that is say 25 pips away, you can double your bet size to $40 a pip for the same total dollar risk.Thats how I look at it in terms of varying my $ per pip.

I am only taking one contract per pair on mondays, tues 2contracts,if the trade looks good,that is a type ofbet spread realy.