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✅ Stop Loss Ideas for Scalping • WHAT IS SCALPING? PART...
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Stop loss ideas for Scalping. Where do you put your stop loss? You want to get out when you're wrong but you don't want to keep getting hit by market noise. OK.
Aggressive scalping and tight stop loss?
If you're scalping you might not want to use traditional stops per se' . If you're scalping on the long side for instance you might come out very quickly like just 10 or 6 ticks or even 3 ticks. However, I find that it makes sense to have a stop loss in place to act as either an emergency stop loss or something in place to stop yourself trading from say, the long side.
Stop-loss settings for scalping.
1. Candle Length
2. Indicator Signal
3. Fixed Ticks/Pips
4. Under Support or Resistance
5. Short Term H/L Break
6. Time Based
Scalpers, how tight are your stops?
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