- Search Energy EXCH
Perhaps your right about the r/r, not sure if you can truly obtain traditional r/r on scalps. I'm going to experiment a tad. Not sure of the definition of scalping, but like I said, trying for 2-3 pips right now. I'm using 1hr charts btw.
And there in lies the problem with scalping. I've been trying for 2 or 3 pips. Then had one get away from me for 20. Stung bad, gave like three days back.
wish I had more margin. trying for 3-4 scalps a day without anyone getting away from me this week. curious to see how it goes.
I do like the concept of trading in the direction of yesterdays close. It makes sense to me. I think it will keep you out of some dumb trades.
not trading against yesterdays close seems like a good idea. but you have to respect it.
was wondering when disaster was going to strike. the stop is random naturally. i covered it.