After some steady and overall successful trading, you feel it is time to move up. Your success so far has been based on hard work. The process included learning to lose some money and accepting the losses. Most importantly, you made more gains that losses and you have been consistent over a few months. So now you are thinking of scaling up: making more money in your trading. It is important to scale up in a sensible manner. Here’s why and how: Scaling up can be done in 3 ways: enlarging the position sizes (the preferred method), adding more trades in each session, or extending the trading hours. More details are available here. Whatever method you chose, do it responsibly. Here’s how. One move at a time: If you do more than one move at a time and something went wrong, you will not know what happened. It will be hard to put your finger on the reason: was it the extra trading hours or the pressure due to more trades. Was it both? So, it is better to take one step at a time. Don’t take extreme steps: Don’t take your scaling up to the extreme. For example, if you add more trading hours, add one hour and not four. If you enlarge your position sizes, remember to stick to the money management rules. Wait before the next move: After scaling up once and seeing that it works, do hesitate before scaling up once again. Take your time in verifying that your change worked. As with starting to trade for the first time, early success may be dangerous. Potential greed to disaster, just after you have managed to stabilize your forex trading. What is your experience with scaling up? Do you use different methods? Further reading: 5 Most Predictable Currency Pairs Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Basics & IndustryForex Basics share Read Next EUR/USD Sep. 27 Markets Nervous Ahead of Spanish Austerity Kenny Fisher 11 years After some steady and overall successful trading, you feel it is time to move up. Your success so far has been based on hard work. The process included learning to lose some money and accepting the losses. Most importantly, you made more gains that losses and you have been consistent over a few months. So now you are thinking of scaling up: making more money in your trading. It is important to scale up in a sensible manner. Here's why and how: Scaling up can be done in 3 ways: enlarging the position sizes (the preferred method), adding more trades… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.