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Account growth changes position sizing psychology; maintain consistent risk percentage regardless of account size.

From The Exact Reason You Haven't Made It As A Trader Yet · jumps to 18:58 · speech

▶ Open at 18:58 on YouTube
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And when your account grows, that one to two percent that you're risking might become a bigger number. And that has a whole host of psychological effects on you. You used to be risking $1,000 per trade. Now you're risking $10,000 per trade. So that change in scale as your account grows can mess you up and it can cause you to make some mistakes that can really damage your account. So the best way to combat this is to remember that one R equals one R. However big your account is irrelevant. You're never gonna be able to scale and size correctly if you're focused on the amount of money that you're risking on a given trade. You're risking one to two percent and that one to two percent is one R.
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