Quoting thepunisherDislikedOk, so for a beginner trader what should be the threshold then you stop trading micro and go for mini? $2500 or something else? Or maybe N amount of months of consistent profits?Ignored
A micro account is a precious treasure. Hang on to it as long as you can. You can make more money with a micro than a mini. The $30,000 account balance is where the advantage of trading micros over minis begins to diminish. There is no advantage to switching to a mini account when you reach that level; but there is a disadvantage to switching to a mini before that level. I'm going to hang on to my micro account until my broker forces me to switch.
To understand more clearly the reason for preferring a micro over a mini, read the post on asymmetrical leverage in the money management sticky of the beginner's forum.
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