Many of you reached out to my Telegram channel asking for more details about SCALPING and the importance of setting a proper STOP LOSS (abbreviated as SL). So, you need to keep these types of patterns in mind to identify an upward trend (as in the example I’m sharing) and how to position yourself accordingly.
If we’re projecting upward, it would be a LONG in a futures contract, for example, and you should always work with solid capital and risk management, of course. That’s why the SL is a mandatory tool in a trader’s life.
I’m leaving an image showing how it looks and how you should place the SL. However, keep in mind that this analysis is personal and subjective. Each trader chooses how much risk they’re willing to take.