ST Sir,after reading that big guys big loss(3L),I scared.
because I too do scalping in NF.Kahi ek din mai bhi game se out na ho jaau?
even TP Bhai do scalping for 5 paisa-50 paisa..so r we really doing wrong trading?
bro, if u see the situation of tradeblr, he took 100 lots of nifty. as i said previously no. of lots to be bought does not depend on amount of leverage u get, but it depends on ur SL.
assuming 20 points is his SL, then acc to 1% rule, he must have
rs. 1.5 crore. to take the position safely.
so even if he looses, its just 1% f 1.5crore = 1.5 lakhs.
i m assuming that he has kept 20 lakhs as trading capital, so for 20 points sl, 12 lots is the maximum position size he can take .
so if u follow this, u need not be scared.