Quote from Rationalize:
+1
But scaling in and out in a linear progression? 
I didn't mean scale in linearly, I was referring to initial position size...
Assuming one is profitable - re investing the profits, earning the right to trade larger position size.
Instead of initially trading 1 ea. contract, initial position size is 2 cars [to provide flexibility and basic MM]
Example: Using ES with conservative leverage
Recommended Minimum acct balance = $10K min per contract ES - max risk 2% is relatively safe...
[ofc with experience one can press the leverage, but this is a noobie thread - and just providing a base line]
account balance is $25K= 2 ea. contracts initial position size
account grows to $30K = 3 ea. Contracts initial position size
account grows to $40K = 4 ea. Contracts initial position size
account shrinks to $35K = 3 ea. Contracts initial position size, etc...
The Money management employed is a completely different discussion and very personal:
[all in/all out, scaling in/out, reducing/adding back, exit/re-entry, etc...]
there is a plethora of effective methods all of which are very personal and each trader must adapt to fit his/her psyche]
What is important is providing some flexibility, never exceeding max risk, not over leveraging, NOT averaging down, and growing as a trader...
That should clarify my post, thank you for pointing it out
Trade well
