Gotta take a few risks.
If you trade too tight - money management too tight, you will get many small losses and end up with a 50/50 ratio.
When you're scalping you have to be abit loose - grab onto your nachos, swallow some iron and zinc and let the winners ride. As mind twisting and stomach churning it can be [bing 25-30 pips down, but you're still in the trend] it's where your honed skills come to the fore to get paid. That's the pay-off. It's all psychology.
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Glen Diemar, MD
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