      Most traders have multiple trading strategies. Many scalp moreaggressively in the morning and afternoon and look for larger gains duringthe hours in between, while still taking advantage of scalpingopportunities when they present themselves. Whatever strategy you choose toemploy, the key is to not lose money. Regardless of whether you arescalping or taking on longer-term positions during the day, always keepyour losses to a minimum. If you are seeking larger dollar gains, then youmay have to withstand a larger downside capital risk to achieve thesegains. However, there should always be a predetermined point at which youexit the trade and cut your losses, regardless of the extenuatingcircumstances or, more likely than not, rationales.