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Scaling up position size after initial success?
Been trading $EURUSD on a micro account for a few months now, mostly scalp/intraday, and starting to see consistent small profits. I'm hitting my profit targets about 65% of the time, and my R:R is around 1:1.2 on average. I've been super strict with my 1% risk per trade. My question is, as I consider moving to a standard account or just larger positions, what's the best way to scale up without tripping myself up psychologically? Do you jump straight to 2% risk, or is there a more gradual method that seasoned traders use? I'm worried about letting larger losses affect my discipline.
1 comments · 1 points
Congrats on the consistency! When scaling, did you consider testing the larger position sizes incrementally on the micro account first, even if it means adjusting your lot size up for a few trades to simulate the new risk?