Ripster Profile picture
22 Feb, 4 tweets, 4 min read
#tradingtips #riskreward #scaleinscaleout 1/4
So a conviction play that you are swinging you can also trade around the core. Core being you size that you never touch.
Risk Reward is based on timeframe you are trading.
If you looking for swing, it is off 1 day/1week charts
#tradingtips #riskreward #scaleinscaleout 2/4
or 1 Hr charts..

For overnights/or intraday 10 min / 1hr can be used.

Risk is always support/trendline/ema etc stop level. Reward is based on timeframe you are trading.
#tradintips #riskreward #scalein #scaleout 3/4
Trading 1K shares of $DMTK
73->82, Scale out 200 shares there, another 200 at 87
If it crashes back to 70 add back 400 shares , u still had 600 core, back to 1k position, goes 83 sell 300 scale out, 300 at 87 and then so on
#tradintips #riskreward #scalein #scaleout 4/4
Key is to always lock some profit, never let winner turn loser, get most out of the trade.

Now to do this you need a system to help you manage.

That u can use ur supports/emas or any system you like

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