Subject: Scalping Strategy & Tips for Beginners: Stop Loss Mon Aug 01, 2022 1:58 am
4 ways to choose a scalper's stop loss. What's the trick in stop loss selection in scalping, I find it very difficult to decide at times?
The problem with stop losses in scalping is that if we get our stop loss wrong it negates and undoes lots of good work we've done.
1) ATR - Average True Range 2) Largest - Largest candle of a session or an hour or two hours and using that as a stop loss. 3) Fixed - this is a good one as you can align yourself with how you trade. 4) Chart - we are moving a bit from scalping to day trading here.:
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