2024-12-23 07:15
IndustryRisk Management for Scalping
1. Set Tight Stop-Loss Orders
Use stop-losses to limit losses on individual trades.
2. Risk a Small Percentage per Trade
Limit risk to 0.5-1% of your account per trade.
3. Avoid Overtrading
Stick to a daily profit/loss target to maintain discipline.
4. Use a Favorable Risk-to-Reward Ratio
Aim for at least 1:1 to ensure profitability over time.
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Risk Management for Scalping
Hong Kong | 2024-12-23 07:151. Set Tight Stop-Loss Orders
Use stop-losses to limit losses on individual trades.
2. Risk a Small Percentage per Trade
Limit risk to 0.5-1% of your account per trade.
3. Avoid Overtrading
Stick to a daily profit/loss target to maintain discipline.
4. Use a Favorable Risk-to-Reward Ratio
Aim for at least 1:1 to ensure profitability over time.
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