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good point monpere. I prob. should have communicated that better, but that's part of what I call managing the trade....profit and stop expectations.
I agree, that is bad math to win 30 ticks over a week or two of hyper scalping winners, and then 1 loser wipe all your gains.
I've done some hyper scalping, but this is more of a theoretical discussion as I'm curious what other people think, but it is tempting....with all the volitility in the markets, trading for 5 or 10 ticks in most markets happens in seconds during high volume trading hours.
I personally mostly trade off of daily charts, and scalp.
I believe mastering trade management is key to consistency.
Can you help answer these questions from other members on NexusFi?
All my targets are 10-12 ticks, but my stops are 5-6 ticks, (2:1 ratio) all managed purely by ATM. I've never made a trade that was more 12 tick target in my trading career. You can scalp with 2:1 reward/risk ratio. In my opinion, scalping with less 1:1 r/r is a losing game in the long term.