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Scaling up CFD position sizes without blowing up?
Been trading CFDs for a few months now, mostly on $EURUSD and some indices. I've got a decent grasp of my win rate and average R:R on micro lots, but the jump to standard lots feels like a cliff. Every time I try to scale up, even incrementally, my psychology goes out the window and I start second-guessing trades or holding losers too long. How do you guys manage the psychological pressure of increased capital at risk when moving to larger position sizes in CFDs?
2 comments · 1 points
The 'cliff' feeling is real. Most people don't adjust their risk per trade when scaling up; they just multiply their micro-lot risk by a factor of 10 or 100. If your current risk per trade isn't a fixed, small percentage of your equity, that's where you're going wrong.