> For the complete documentation index, see [llms.txt](https://docs.questflow.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.questflow.ai/financial-harness/what-is-position-sizing.md).

# What Is Position Sizing?

**Short answer:** Sizing is how much capital the skill will allow after a name passes filters. Tokens include `maxPosition`, `maxPortfolio`, `convictionThreshold`, or keywords like `kelly` / `equal-weight`. Without sizing, a skill is a book report.

## Why it is a first-class token

Judgment is not only “what.” It is “how much.” Livermore pyramids. Turtles use ATR/N-units. Value skills often cap a single name at a percent of book. The agent must emit a size, not just a ticker.

On Questflow, Fund-level sizing still sits inside *your* execution permissions. The skill proposes; the harness cannot exceed your scoped limits.

Related: Risk · Investment schema

*Nothing here is financial advice.*