Risk reward Ratio for scalping?

Hi again!

First I need to know what your definition of scalping is?

You have been asking about scalping in the forum. Do take the time for this fellas view

Now scalping in a traditional term is crossing the spread and taking profit. It is skill and practice that is unobtainable to us retail speculators. As @flamingoproxy pointed out, you will need to direct market access with a prime broker with a 6 figure base to work off. You will also need access to their order books and lighting fast connection. As your experience demonstrates, you are nowhere near that level yet. So lets forget about scalping period.

What you seem interested in is a death by a thousand cuts low frequency day trading strategy. Tough but do-able. Have a look at this post Lexys parting gift. Simple, elegant.

If you want to understand the work involved in developing your own strategy check this fellas thread out _Bobs price action

Finally don’t forget to look at the forest not the trees. Dennis with fill you out more Strong/Weak Analysis

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