I've been scalping off a 5 minute chart. Since I started keeping track of my stats here's what I have:
Wins - 24
Loses - 11
Win Rate - 68.57
Pips Won 240
Pips Lost 157
Now I'm just trying to figure out what's the best money management strategy. Right now I'm doing a 10TP 20SL. And please, if you're just going to reply based on the assumption that the current setting is a failure, don't. When you figure in winrate and size of position, you can come out ahead despite.
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