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Old 06-06-2007, 09:01 PM
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walterw walterw is offline
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Re: Smaller profits yields better results?

Ok Brown ¡¡ welcome to the scalpers school ¡¡ thats what scalping its all about... not getting greedy on the exits but making eventualy some more trades... on the same aproach having a decent RRR...

Brown, you want to take a look at "flips" exits", you will notice two types of exits being dwelt with... one is the scalper exit, wich would be this 1-2 scenario you present here... and the other is the runner exit that cooter is mentioning if you can scale your position... thus with this runner you can cover better the next potential stops...

Obviously if you can get good at reading momentum... you can discretionally close your entire position on the scalper exit when market is slow and you are taking trades that are not pretended to make super moves...

Let me tell you Brown... you can perfectly do a daily target there that will make you ...

Certainly this aproach its not suited for all traders... but good sincere considerations here... cheers Walter.