Crude Oil Scalping Survival Challenge - 1

[bashasm]

I want to trade crude oil (mini one lot) with a capital of Rs.5000.
Previously I have traded and l lost money, due to not following any system/rules.
Now want to start small and hopefully survive.

The challenge is to myself on how much I can last with the Rs.5000

I will be scalping on the one-minute timeframe, as I don't have much time and I like to trade 1/5minutes

Just added 5k to the commodity account in zerodha

Note:
This is challenge-1, as I know I will keep on continuing till I am able to follow some rules and succeed

 

[TraderRavi]

Best of luck.

 

[bashasm]

Best of luck.

Thanks bhai

 

[timepass]

Good luck

 

[Blackhole]

Good! Hope u enjoy learn and earn this ride!

 

[bashasm]

Took only one trade, scalp did not work scratched with small loss

 

[bashasm]

Today quick scalp with 5mini lots

Entered as per the 1hour candle close, booked 3 points and exited

 

[bashasm]

Today booked 11 points loss

 

[bashasm]

No trade today

 

[pannet1]

hello sadhiq.

why not leg in 1 lot first and then
if you are right inverse pyramid it ..... 1,1,2,4
if you are wrong pyrmid it ..... 1, 3

its better to gain some more capital so you can muscle in with ... 1, 3, 8 when wrong.