Nov 16, 2022 · Position Size. You could use a smaller position (lot) size. For example, if you were trading 1 standard lot ($10) and had a loss of 10 pips, this would be the equivalent of $100. If you halved your lot size to 0.5 ($5), a 10 pip stop loss would instead be $50 and thus reduce drawdowns. Of course, using smaller position sizes will also mean that .... "/>