M1 Countertrend Scalping Strategy

Hey guys, new to this system.

I've been successfully trading it for 3 months on demo (made 19% on my 1k eur demo account), feeling ready to go on a real account.

My key issues:
- Cashing out to early, way too early most of the time
- Getting caught in land slides, with prices just continue to drop and I'm out of funds to add new positions. How to solve this one?

That being said, here is some of my recent work, all comments welcome and appreciated.

Long up trends like this are killing me - I run out of funds adding positions to them.
Other trades:

jukkh,

See screenprint for a suggestion...

i use S/R levels to enter and exit (target) and when they hit the 50/200 EMA. Or 9 EMA if it's scalping.
can't help with the land slides, just exit when you don't see a near S/R or you think the beating is too much

I havent taken trades like this, I usually cashout at 50EMA as my target. I will do this and report back!

Thank you Polimini as well!

Two weeks of consistent results, with small drawdowns of 10–15% since I switched from countertrend to trend trading. But yesterday, after 11 days, I suffered a major setback and had to pull the plug. I’m sharing this because I know many of you struggle with this but would never dare to admit it. But that’s exactly the mistake—you only learn by addressing issues head-on and then analyzing what went wrong. I’ll keep refining my system to make it more stable. You only move forward through experimentation… I call it forward testing.

you followed the retracement almost perfectly, there was this support level from Aug 1st when you entered, and you went all the way where resistance become support on this trend we are now to finally close it, is easy to see on H4. It could have gone differently obviously, and we all know the lottery numbers the next day, but it was a danger place to keep Seeling.

This is very fun but it's also very dangerous as we all know, props for sharing the loses and not just the wins.

These were my trades yesterday, i just counter traded the levels of S/R i found. It's not many pips but it was bigger lots. I didn't had much time to sit in front of the screen so i used alerts on the levels.
Could i have made more money just going with the trend? In my opinion it's easier to predict when they are going to take profit than when they are going to enter or how long the trend will last or if there is even a trend

in session like this i love scalp on M1 too

+730 Points this morning.
https://www.forexfactory.com/thread/...2#post15615772

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