четвер, 24 березня 2011 р.

Scalping rules from order flow trader

1. You have to be disciplined all the time. Better you enter trades with an OCO order.

Your min. risk reward ratio should be 2:1

As an scalper i'm always looking for trade setups where the risk is 5-6 pips to get 10-12pips after commission.It varies every time.

2. Don't rush. Be patient and look for opportunities. As an good trader you have to think about money. You don't want to lose it. On every trade don't risk more than 1% of your amount!

3. "High IQ".
No one can tell the future even when the IQ is 1000.Your system should be simple.Just focus on high-probability trades. Stick to your rules and plan.

4. "Clear mind and concentration".
You can trade with an clear mind when you're fearless and not greedy.That is one of the important stages in being experienced.

Wish you good luck!


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