Energy Scalper -->Pure Price Action
- Thread starter RADDISHSTONE
- Start date
- Tags crude crude oil natural gas scalper scalping
About Lot size and other rules:
Me normally trade with 2 lots. Depending upon loss and price moment will change lot size. But never trade more than 4 lots.
My first priority : Protect capital.
Respect small losses. (losses is part of game. As a scalper we should learn to respect losses.
No problem if u didnt earn single rupee on any trading day. Some days we see narrow range days.
As a scalper we should wait for correct chance to entry like tiger hunting deer.
Dont create opportunity. Wait for correct opportunity.
Im 90% sure we didnt get loss more than 20 points in crude. But 10% chances to sudden fall and recovery viceversa. So my loss risk is less.
Me normally trade with 2 lots. Depending upon loss and price moment will change lot size. But never trade more than 4 lots.
My first priority : Protect capital.
Respect small losses. (losses is part of game. As a scalper we should learn to respect losses.
No problem if u didnt earn single rupee on any trading day. Some days we see narrow range days.
As a scalper we should wait for correct chance to entry like tiger hunting deer.
Dont create opportunity. Wait for correct opportunity.
Im 90% sure we didnt get loss more than 20 points in crude. But 10% chances to sudden fall and recovery viceversa. So my loss risk is less.
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