How to find trades and size your positions: Volatility, price action & market structure
PepperstoneHow do you find opportunities in the market, and how big should your position be? There’s no magic answer, but there is a framework. In this episode, Chris Weston (Pepperstone) and Steven Hatzakis (ForexBrokers.com) walk through how they approach both. Chris explains why he trades the collective: reacting to how market flows show up in price action rather than predicting where price “should” go. He also makes the case that volatility is the most important factor in markets, because it shapes your position size, your risk and your emotional state. The pair cover how to adapt stops and sizing when volatility changes, why multi-timeframe analysis matters, and how to use scanners (TradingView, PineScript, EAs and even AI agents) so the markets come to you instead of you hunting through a watchlist all day. They finish with the market structure forces behind moves that are hard to explain: CTAs, options dealer hedging, ETF rebalancing and 0DTE flows. Topics covered: 🌊 Trading the collective instead of your own opinion 🎯 Finding a market that fits your strategy, not forcing a strategy onto any market 📈 Why volatility drives position size, risk and strategy choice 🛑 Using ATR to set stops and size positions 🔍 Multi-timeframe analysis and market scanning 💰 Why wider-spread markets can still be worth trading ⚙️ Flow-based market structure: CTAs, dealer hedging, ETF rebalancing and 0DTE 00:00 Intro & catching up 00:47 Today's topic: finding opportunities & sizing positions 01:27 Trading the collective: reading flows through price action 02:19 Finding a market that fits your strategy 03:15 Be open-minded: "a slave to price" 03:39 Sentiment, range-bound markets & picking tops and bottoms 05:35 Why volatility is the most important factor in markets 06:44 Position sizing, wider stops & using ATR 08:09 Why multi-timeframe analysis matters 08:44 Scanning for the most bullish & bearish setups 10:33 Market-agnostic trading: spreads vs. movement 10:54 Let the markets come to you: scanners, PineScript & AI agents 11:43 Today's scan & why cross pairs have wider spreads 12:52 Core message: trade the collective, not your opinion 13:37 Market structure: CTAs, options dealers, ETF rebalancing & 0DTE 14:32 Wrap-up This conversation was recorded on 1 Oct 2026. This content is not intended for a UK audience. Please visit our Pepperstone U.K. channel here: https://www.youtube.com/channel/UCk5HwBByE4VRj03__6iHgCA 🤝 Switch to Pepperstone. Sign up for a live trading account: https://bit.ly/Switch2Pepperstone 🐦Follow us on X/Twitter to keep up to date with market news, access expert commentary, analysis and more from our global market analysts: https://twitter.com/PepperstoneFX 👉 Subscribe to Chris Weston's Daily Fix newsletter: https://cloud.go.pepperstone.com/join-daily-fix The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted. #fx #trading #CFDs