Scalping Vs. Runners

Discussion in 'Trading' started by John9999, Oct 12, 2018.

  1. Sprout

    Sprout

    Garden harvest must have come in, in more ways than one !
     
    #21     Oct 14, 2018
  2. Sprout

    Sprout

    woulda, coulda, shoulda, oughta

    With finer distinctions comes more opportunities and less doubt caused by the above - one can always re-enter after an early exit.
     
    #22     Oct 14, 2018
    birdman likes this.
  3. Turveyd

    Turveyd

    If your doing runners, then your SL needs to larger as you'll often get to profit then general chop will at some stage hit your SL costing you $$$'s, why runners don't work for me as I'm not prepared to take that much downside heat.
     
    #23     Oct 14, 2018
  4. But then you will need to maintain a higher winrate

    Es

     
    #24     Oct 14, 2018
  5. Care for explaining that math? I don't see it. It all depends in my opinion unless I am not seeing something you are.
     
    #25     Oct 14, 2018
  6. Turveyd

    Turveyd

    Just cause you can't do it with a 10SL on DAX for instance, doesn't mean you can't use a 30SL and Let some run to +90.

    Don't try to use a scalpers SL and expect for it not to get hit in short, error I keep making!!
     
    #26     Oct 14, 2018
  7. Turveyd

    Turveyd

    I trade off chop, got 2 reversal areas, so I average down frequently, if I only traded the 2nd further out chop range, I'd make less trades and less money.

    Downside, when chop range breaks out ofcourse, but doesn't happen that often.
     
    #27     Oct 14, 2018
    trade4succes likes this.
  8. So you prefer an 80% winrate with 30sl Vs. a 30% winrate with 10sl.

    Es

     
    #28     Oct 14, 2018
  9. Hooter

    Hooter

    thank you sir. i know what I like. feel free to ignore it
     
    #29     Oct 14, 2018
  10. Turveyd

    Turveyd

    No I prefer a 90% win rate with a 15SL and I gun for anything from 5 - 30 really, rarely get over 30.

    Kinda irrelevant without knowing your average profit, but if you treat every trade like it's a runner with a 10SL then 30% win rate is what you'll get if not less.
     
    #30     Oct 14, 2018