[Resolvido] when you become profitable

That's a very personal question. As long as you keep your risk within reasonable management (Al suggests between 1-3% of your DT money per trade), it really is about how comfortable you are when trading a bigger volume.

From what you wrote, I'm guessing this is the first month you are profitable. If that is the case, I suggest you increase your volume by the minimun amount possible (1 contract) because, in the beginning, volume increase tends to affect everyones ability to trade rationally. Be prepared for a few bumps that could come, and never try to increase even more your volume in order to try to recover a loss.

I don't want to make you scared, I just want to help you make this step with the proper mindset, because this is when a lot of traders start to go down the road.

Congratulations on your month and good look in your journey!

Thanks a lot 

I'm a forex market trader and I risk a little per trade. Al says first you see are profitable or not.I don't know that one month is enough for me to know that I am profitable or not. 

I see. A forex advantage is that you can increase your volume in very small steps and that's ideal.

I don't think being profitable for a month is enough to decide that you are profitable. Take me for example: After my first profitable month, I had one year of consecutive losses month after month. And part of that was because I couldn't deal with the fact that I was wrong when I though I was profitable.

That being said, I think a profitable month is a good indicative that you might be ready to start testing a little bit with how you deal with a slightly bigger position.

As I said, just take small steps and experiment. Now is definitely not the time to make money. It's time to learn how to trade well and learn how to detach your focus from money.

Best, 

I heard a young lady turned superstar trader make a statement that she was able to size up and become a profitable trader only when she was confident in her patterns and setups.  Before that she felt that she was just gambling and winging it.  It made perfect sense to me because that is exactly how I felt especially while I was trying to grasp the concepts of Price Action trading.

I am very thankful that you are considering my problem.

Thanks...Yes , that's right.

I need more times to confident that I'm profitable.

Hi Nima, 

Al advices that a trader should be profitable for 3-4 months in a row before considering increasing their position size. 

Hi Nima,

are you able to share your experience with us about your journey in the last months?

Thank you in advance and looking forward to your feedback.