Scalping In Volatile Markets

Immediately after I finished this video, Russian President Putin said that there had been a positive shift in talks. The DAX jumped up by 500 points. This is why you need to wait for the price to a) come to you, don’t chase & b) always have a stop in place. The profit target can be discretionary and you should always target a RRR of 1:2 but being nimble is key. Surviving is the name of the game and with a RRR of 1:2 you only have to be correct 34% of the time to stay in the game.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:58 VIX

1:54 DAX