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If your starting bank is $1000 and you 'bet' 2% max per trade and you make 20 pips a day while never risking more than 10 pips then it would take 160 days to be able to 'bet' 100 lots per trade:
You are correct, so we need another maths set to compound. The point of % risk is to avoid ruin. That is why the largest loser is all important. If I get a new largest loser, everything is recalculated.
Over the years I noticed that as a new trader I was trading 1 lot per $10,000 of capital profits and as an older trader 1 lot per $50,000 of capital profits.
Why so risk averse?
Mind games! Market ambush when in big position. Freeze when in big position. So I ask myself the question "What is the likelihood of ruin?"
Tha answer is 100% IF I freeze in a losing position. In order to increase size I need a consistent system of trading, know the max size of any loss over large sample and be disciplined to increase/decrease when told.
I noticed I would rather work on systems and analysis than money management.(where the real money lives)
Then I met a trader online who went from trading 2 eminis to 10,000 in a day! Real $. How does he do this? I found no secrets. He always wanted to trade large size. Yep...all in the mind.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."