Well Done Dips - great stuff - out of interest - what are the size of you stops - if you average gains are under 10 pips ??
basically my stops are 5 pips but i didn't need it,in my scalping method.
@pinbar thanks for giving such a creative time to my profile,thanks
i just have interested in trading but my profession is engineering.its my hobby over site
I think your hobby Dips might end up making you more money than your engineering profession;-)
Pleased you work on type stops - because I have seen so many scalpers who have over 80% + success rate on small targets - but end up with bigger stops of say 20 and 30 pips - and find out over say 20 trades they get 16 correct - but the 4 bad ones wipe out their profits
You look as though you are having an excellent run of wins - have you had more than 4 go wrong in a row yet - as it does happen.?
So far from me over about 6 yrs of scalping i have had a run of over 32 trades go right in a row and also 7 go wrong consecutively. I learn from that so after 15 wins - i adjust down and also after 3 losses in a row - I stop and review the market and wait for another period or session .
Also out of every 10 win scalps you should have at least one or two which are worth letting run as they may achieve over 25 pip+. and even up as a larger move that you have caught from conception. Any luck on that so far ?
@peter my age is 21 i am student in the last year of degree,i wish to make charitable trust by these money ,i will not going to use single $ from it. that's why i achieved.and GOD helps me
Hi dips, agemate here... but i am in my final year Financial engineering... but its into derivatives.
@peter no luck at all,its all on technical concepts,i use concepts because i am engineer.
and most of them took from you by chat s.you are my guru so thanks to you also in supporting my carity
@simon what into derivatives
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