Proof that scalpers can make money

QTrader20 said:
So far so good on Monday morning across multiple accounts..........

I executed a wrong order from scalping account last Friday while getting distracted on ET... one losing trade already :banghead:
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the outcome of any one trade should have absolutely no bearing on your psychology or your approximate net worth. you must conquer yourself before taking what the market provides you.

leveraging up a small account intraday waiting for the price to line up with a line/indicator <insert guru tag> is a negative sum game.

a trader with stomach in knots, sweaty palms is a losing trading over time.
 
Speaking of which, I already recovered previous losing trade within that day where the equity curve from scalping account hit new high last Friday and again, today. But like they say, anything is possible in trading.... Meanwhile, I'll watch out for the bogeyman :D
 
what was the point of this post?

I scalp
I intraday swing
I trade with trend
i trade counter trend
i trade multiple markets
I tend to add to all of my trades
i like to pyramid as quickly as possible!
 
syswizard said:
Someone else's long term hold period trade has nothing to do with the definition of short-term intraday trading.
They don't correlate.

Let's take a stab at this:
1) HFT (high freq. trading) : Seconds
2) Scalping: minutes (up to 5 min)
3) Intraday Swing Trading (5 min. to several hours)
4) Interday Swing Trading (2-10 days)
5) Medium Term Trading (10 - 90 days)
6) Long Term Trading (90+ days)
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that is your definition......mine can be something else.........
my long term is 10 years min.......
 
tradeking007yahoo said:
what was the point of this post?

I scalp
I intraday swing
I trade with trend
i trade counter trend
i trade multiple markets
I tend to add to all of my trades
i like to pyramid as quickly as possible!
More...
so in short you do not know what the hell you are doing

hey i am just joking........
 
ShadowHunter said:
leveraging up a small account intraday waiting for the price to line up with a line/indicator <insert guru tag> is a negative sum game.
a trader with stomach in knots, sweaty palms is a losing trading over time.
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Well, of course. "stomach in knots" = over-leveraged with a discretionary approach.
"negative sum game": agreed....until you have extensively back-tested, forward-tested your approach...to provide some confidence moving forward. This appears to be the case of the OP.

A big game-changer in the world of E-Mini trading has been the micro contracts. These are perfect for forward-testing.....no longer a need for a SIM account. That being said, I do not endorse the micro contracts for live trading simply because the commish and fees are anywhere from 300% to 600% higher than the standard contracts for the same leverage. They are a broker's dream.
 
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