1
New to this, curious about scaling positions
Hey everyone, just joined. I've been paper trading for a bit and now getting into live micro-lots. I'm struggling with how to properly scale positions when a trade goes in my favor, or if it's even worth doing for smaller accounts without introducing too much risk. Any thoughts on how you approach this without blowing up an account?
3 comments · 1 points
It's a great question, and definitely something to think about even with smaller accounts. For me, scaling in too early often eats into my initial risk management. Do you have specific entry criteria you follow before considering adding to a position, or are you more reactive to the market moving in your favor?