My own stategy for competition

Today I want to share with you all my own thoughts about trading strategy. Hope it helps you somehow in competition and even in trading. Everyone will have their own trading method, and when they failed with it, they will find another method to make up for that mistake. But sometimes they forget their own interest and personality. No matter how good a method is, if it doesn't match your personality and interests, it will become meaningless. For me, Scalping has become an instinct!!

I believe, anyone who has been a scalper will understand the difficulty of it, and but still really excited by its attractiveness. Basically, Scalping is just an IN-OUT command in a Short and Definitive time. In my opinion, Scalping includes both FOMO and planning. FOMO doesn't have much to say when you simply follow your intuition and entry with the force of those candles.

Personally, a great Scalping strategy must be planned strictly and need to reach a minimum RR ratio which is RR1. The way I use Scalping, is using Topdown Analysis or multi-frame analysis, considering the best entry point, best RR, and entry according to Plan intraday.

When you are confident and knowledgeable enough, you will understand that the price has started to move in the right direction. So why you don't enter accordingly and exit early to increase profits. The key is the determination to enter and exit orders. To decide to enter, I think many of you can do it because it was just FOMO at that time. The difficulty is deciding to OUT the command. When the price is running well, profits are increasing, your greed will control you. It keeps telling you "hold more, more and more to gain a little more profit", and accidentally forget the initial aim that THIS ONLY a short SCALPING. Then, when the price goes in the opposite direction, even for just a little bit, from the position of Hunter/Sniper, you will be confused and stuck in an order where you should have won 100% ten minutes ago.

For me, when scalping, even if the order is negative, I still have to be DEFINITELY and DEFINITELY out of the order. And wait for the next opportunity.
SCALPING in my eyes is ONE SHORT KILLING. Be assertive and decisive when you use SCALPING, my dear friends.

Long article but hope you all enjoy reading it. Thank you!! #S9ContestReview#