Scalping University Lesson 7 - Rules to Scalp By

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News & Politics

Tags:

• Boris Schlossberg
• Kathy Lien
• www.bkforexadvisors.com

[MisterEMisterX]

Assymetrical is a lovely misspelling. Seems to work with what you're getting at...

[BKTraderFx]

@MisterEMisterX RFLOL - you are so right!. Must have been subconscious :)

[Watashimori]

@Boris: Thank you very much for all these lessons! I find that the "don't do asymmetrical trades" is a rule that could throw all the prior scalping lessons in disarray. Since most scalpings will not give us the 15 pips that you usually recommend as a stop (well, sometimes it's 25 pip-stop), the only way to achieve a 1:1 ratio would be reduce the stop and risk dying of a thousand cuts. Is my understanding correct?

[BKTraderFx]

@Watashimori Most of my examples are 25 stop 25 target. or some other version of 1:1. I then show variants that are asymmetrical but you cant make your own choices. Note this is one the last rules. so far less important than the first few in the list

[BKTraderFx]

@BKTraderFx should read : CAN make your own choices.

[abroruzb]

assymetrical bets? i could not find any info on it could you explain please.

thankx

[webozzy21]

Thanks.

[chngster]

Great video mate, keep up the solid work! Good trading to you.