Kardec Trader explains why beginners should keep risk constant until they're consistently profitable, then increase size on high-quality setups. Once you know you can win, you can scale up. Stage matters.
So my risk is not consistent day in and out, week in and out. It has gotten to a point where if I have a high quality setup, I will be more aggressive on risk. If I have been trading well and I have a strong bankroll, meaning a strong amount of capital behind me of profits that I can actually risk in the markets, and it makes sense, I will be harder and I will double down on risk. But that is also because I have been profitable for a very long period of time. Now, if I go back to the beginning days, I would keep my risk consistent until I find profitability and and then I would look to alter size. So you also have to understand what stage you are in.
