I've been grinding away on $GBPUSD, mostly trading 0.1 lots, and I'm starting to get a feel for the rhythm, but I'm unsure when it's prudent to size up. Is there a specific win-rate or capital threshold you guys look for before increasing position size?
Sizing up is often tied to your risk per trade, not just win-rate. What's your current drawdown like with 0.1 lots? If you're consistently profitable and can absorb larger swings, then you might consider it, but there's no magic number.
For me, it's less about a specific win-rate and more about consistent profitability over a meaningful sample size, typically a few months. I also make sure my emotional discipline is holding up under increased risk before scaling up.