---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000825951.md"
description: "If new to following me I use a position-sizing and trade-management framework with three categories of shares: Payday shares, Trade shares, and Let it Ride shares.  In simple terms my overall process (Wash, Rinse, Repeat):Calculate and enter trade shares + optional payday shares. Paydays are extra shares and add risk.  I  sell the payday shares quickly on strength for a fast profit and reduced risk.  This helps me settle into the trade. Manage the remaining trade shares by scaling out partially and adjusting stops higher.  If sufficient cushion develops, I convert some or all remaining shares into let it ride shares for a longer hold with wider stops.Source: Sunrise Trader"
datetime: "2026-07-30T18:56:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000825951.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000825951.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000825951.md)
author: "[Sunrise Trader](https://longbridge.com/en/profiles/24261295.md)"
generator: "portal-rs"
---

# If new to following me I use a position-sizing and…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**