Once you get to making $100 a day, the next step is getting to $1000 a day.
Scaling your trading sounds exciting, but most people do it wrong.
Heres the proper way to scale:
When you start to scale up you need to do it patiently and carefully, not going too heavy all at once.
Lets say If you are trading $1k positions, increase by ~25% for a week and focus on monitoring you mentality while in the trades.
Ask yourself:
Was I more nervous using more size?
Was I following my rules as tightly as before?
Did I hesitate to take a clear setup?
~ If you are feeling comfortable mentally, the next week scale up again by 25% of original position. ($1500 position now).
And then repeat the same process over and over again.
~ If you notice you arent feeling confident, size down half of how much you sized up and try again.
After a few more weeks of this begin to size up more aggressively, repeating the same process of sizing up, then sizing down a bit.
Taking 2 steps forward 1 step back.
~ But this is only possible if you are very patient, disciplined, and have a proper trading plan.
I traded my same 2 setups every single day and never strayed away from them.
~ You also need to be very disciplined in you preparation.
Chart your levels every night before the next day, and plan where you will take your trades and where you will cut them.
Review all your trades each day after the market closes and meep note of mistakes you made.
~ And only once yoy confident in your setups and ability to avoid certain mistakes, begin to scale up.
~ So, dont rush the process. When you start slow youll slowly but surely be able to ramp up your position size and your profits