Scalping For 100-200 Pips
Hello everyone, i am new to babypips.com. i do trade fulltime. i will start to post my trades in this forum with my specific money management and trading rules. I am a scalper, i trade GJ exclusively but i do take trades in EJ GU EU when trading oppurtunities set up in those pairs. I try to shoot for about 100-200 pips/day, especially where the VIX is nowadays. I do credit my success to discipline, money management and experience. I will start this monday on my trades. My trading system is basically my strict money management rules that i follow. I trade about half of my account size(personally), meaning if you have a $30,000 trading account you should be trading 30k units. I do scale into positions, with a max drawdown of 4-8% You will see more clearly what i am talking about when i start posting my charts.
P1PTRAD3R
Last edited by P1PTRAD3R; 02-07-2009 at 06:13 PM.
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