For SPX500 I scalp only 10 pips in a setup.
- The longer you hold a trade the more risk your putting your account in.
- Using a .01 lot size to snag at least 10$
- This is what I am practicing as of right now.
- If I become consistent .02 = $20, and so forth would be nice.
Practice and patients is key to success.
*This trade I made I pulled out because I was scared it will go the other way.
AKA emotions took me out smh. So in the end I only snag at least 3.85$.
But I am glad that the trade went my way.
I am going to keep practicing.