Knowing When to Hold and Knowing When to Scalp 👊

When to Hold (& Run Winners) and When to Scalp Trades PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! http://www.financial-spread-betting.com/strategies/strategies-tips.html Knowing when to hold and knowing when to scalp.

This is actually for investors as well. By scalp I'm not referring to taking a few pips; I mean taking a small chunk out of the market. If you're day trading it could be 10 or 20 pips, if you're swing trading it could be 100 or 200 pips..etc as opposed to multiple thousand pips. This is a common battle for all of us - we want to hold the trade for as long as possible; we want it to pay us for taking this risk on, for being in the right trade at the right time but at the same we don't want the market to go all the way in our direction only to reverse back. I like to grade my trades in how likely they are to run on. And I like to decide this before actually placing the trade i.e. planning it in advance.

Here are some ideas of things to look for in the market you're trading to put it in the Hold category or the Scalp category.

How to Let Your Winners Run - Tips for Success

Hold
- Early in the move
- Signs of a reversal
- Fresh air
- Market moving clearly
- Prior evidence of extended moves
- 'Obvious' target

Scalp
- Very sharp angle
- Over ATR
- Key levels nearby
- Data/News coming up
- Holiday
- Time stop triggered

Related Video
How to Manage a Winning Trade 🙂
https://www.youtube.com/watch?v=eUHt3zfd778

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