Scalping involves frequent trades, which means that risk management is absolutely critical. Without a solid plan, losses can pile up faster than you expect. On MT5, tools like stop-loss orders, trailing stops, and risk calculators can help you limit your exposure.
How do you decide your position size or set your stop-loss levels? Are you using specific risk-to-reward ratios, or do you adjust based on market conditions? Let’s discuss the best practices to stay profitable and manage risks effectively while scalping.
How do you decide your position size or set your stop-loss levels? Are you using specific risk-to-reward ratios, or do you adjust based on market conditions? Let’s discuss the best practices to stay profitable and manage risks effectively while scalping.
