Small Account Scalping

Here’s a detailed look at the strategy behind these signals:

1. I trade using support and resistance levels, focusing on identifying key price points where the market tends to reverse or consolidate.

   + This simple approach helps make informed trading decisions based on historical price movements and plan my entries and exits accordingly.

2. I use a combination of higher timeframes (H4 and daily) for overall market trends and major support and resistance levels, and lower timeframes for fine-tuning entry and exit points.

   + This multi-timeframe approach allows me to align trades with long-term trends while using lower timeframes to maximize trade efficiency.

3. I do not use any robots (algos). All trades are manual and have set stop-loss and take-profit levels.

   + That allows for greater control and adaptability to changing market conditions.

4. I use a leverage of 1:300.

   + By maintaining strict control over my trade sizes and ensuring each trade adheres to my risk parameters, I can utilize the benefits of high leverage without exposing my capital to excessive risk.

5. I trade on a swap-free (Islamic) account, which eliminates overnight interest charges.

   + This allows me to hold positions longer without incurring additional costs, aligning with my trading principles.

6. I do not use grid, martingale, hedging, or any other high-risk strategies.

   + These methods are inconsistent with my risk management approach.