Trading system for scalping.

Like any strategy, scalping must have a clear organization, only in this case you will be able to make a profit instead of losing your deposit.

The trading system for scalping includes all the main aspects of trading, from options for entering the market, to the conditions for maintaining transactions and methods for closing them.

A trading strategy usually requires some refinement, since it mainly describes only the main points of trading, but often leaves out money management and additional risk insurance.

Creating your own trading system for scalp trading.

Conventionally, we will assume that you already have a ready-made scalpig strategy , and you just need to improve the system itself.

1. Determine the time to trade - there are many recommendations on how to best choose the time to trade Forex for your existing strategy.

The best option would be to test it yourself. That is, try trading on different Forex sessions with the same conditions (deposit size, currency pair). And then just compare the effectiveness. 2. Determine the option for entering the market - if this is not specified in the chosen strategy, for short-term trading, scalping indicators .

3. We plan the amount of profit and loss - it is especially important to clearly establish the amount of loss at which the order will be closed.

For example, when pipsing it can be a loss of 5 points, a profit of 8. 4. Deposit insurance - a trading system for scalping can also provide for the installation of stop orders, but for this you need to use a five-digit quote.

So this option significantly expands the possibilities of setting stops. Deposit management – ​​when starting trading, immediately plan how much money you will have in your main account and how much you will leave in reserve to compensate for drawdowns.

It is important that the reserve always exceeds the main deposit. 5. Goals and objectives - you should always clearly see the goal that needs to be achieved; when trading forex, this point is especially important, and it should not be an amount of a million dollars, but a specific indicator of profitability at the end of the month.

For example, you want to achieve an average profitability of transactions of 100% per month, but based on trading results you only achieved 30%. This means we analyze the history of trading and find ways to improve efficiency. Analysis is the final component of a trading system for scalping.

Creating your own version of Forex trading always requires additional effort from the trader; any foreign strategy will always require some modification.