Been trading micro-lots on $EURUSD for months, profitable but barely covers coffee. At what point do you seriously consider scaling up your position size without risking the bank, and what's your mental threshold for that decision?
It's less about a specific "point" and more about consistent profitability over a significant period, typically 6-12 months, with a solid understanding of your risk per trade. Once you're confident in your edge and risk management, then consider a fractional increase.
Consider scaling when your strategy's edge is consistently proven across varying market conditions, not just a single phase. Your mental threshold should align with your risk tolerance for drawdowns at the new size.