Hi there, I'll try to make this as simple as I can for you. Scalping isn't quite a strategy out of a playbook but rather a style of trading. Although people approach scalping in many different ways, this style of trading has one defining characteristic that that everyone can agree upon: speed of execution. You're in and out of the trade very quickly and you capitalize on strong brief moves (seconds to minutes) using large share sizes. There's no "regular" pattern for scalps as with ABCDs. You need to make your own rules about where to enter, stops, exits, targets and so on, according to what suits you. But please be aware that this style of trading is very dangerous and it can quickly wipe your account clean if you're not careful. Treat it with the highest level of caution until you've gained some experience. Hope this helps 🙂 Vlad

Hi there, As far as I understand from your post, you may have misunderstood some things about risk management. And that's totally fine, considering that when you start doing this there's a thousand new bits of information coming at you every day. Long story short, the theory is not that you shouldn't SPEND more than 2% per trade, but rather that you shouldn't RISK more than 2% per trade. Let's take an actual example: You have 25K so 2% of that is $500 risk. Say you want to long a stock at a price of $10 and you put your stop loss at 9.50$. This means that you risk $0.50 per share, and given that your max loss per trade is $500 (2% of your account), then the calculation you have to make to decide how many shares you can buy is 500/0.50=1000 shares. Now, one thing I'd add is that, in my humble opinion, risking 2% of your account per trade is way too much, particularly when you're just starting out. Think about it, merely 10 losing trades and your account is already 20% down. I would consider the option of only risking a fraction of 1% because risking too much per trade can throw your psychology off balance in the middle of a trade and make you focus more on potential losses that you aren't comfortable with rather than the proper trade management that you need to produce consistent results. Hope this helps 🙂 Vlad