Proof that scalpers can make money

Technically, I think you are right, scalping refers to the small price movement, but in reality, you would not want to scalp at a position for too long, like hours, or you will make much less money since you hold your money on a stock without movement. so, seconds, minutes would be the perfect duration to hold a scalping position,
volpri said:
I am of the opinion that scalping has more to do more with the amount of ticks or points and less to do with the time. I consider 1 to 8 points in the ES as a scalp. Especially, if it is a one legged move. If two legs then I generally consider it an intraday swing scalp. It can happen in 5 minutes or it can happen in one hour. One tick is a scalp. Two ticks are a scalp. One point is a scalp.... For me 4 points is a scalp. It may occur over 2 min or it may take 20 minutes. I still consider it a scalp. On volatile days I even consider 12 points to be a scalp.

I know it is perhaps not the traditional definition of a scalp but it is my definition and I am anything but traditional! For myself I am not interested in taking a scalp less than a point. Even though 2 ticks is a scalp I consider only taking trades that I believe will render me at least a 1 point profit. One point is my minimum scalp.

Therefore, if I take a trade and it took 3 hours to render me a 4 point profit I consider that trade to be a scalp. Granted that would be very unusual but still I see it as a scalp. On the other hand I may capture 4 points within 2 minutes of entering the trade. That too is a scalp, for me.
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freeman311122 said:
Technically, I think you are right, scalping refers to the small price movement, but in reality, you would not want to scalp at a position for too long, like hours, or you will make much less money since you hold your money on a stock without movement. so, seconds, minutes would be the perfect duration to hold a scalping position,
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I have no disagreement with what you say.
 
QTrader20 said:
...Anyway, I'm done with explaining...
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That should have been you "Mic drop moment".

You shouldn't be trying to prove anything to anyone with your screenshots nor loose any sleep about anything involving your trade performance. Just remember, there are a lot of assholes in this world and some of them are involved in the trading industry.
  • They do not give a damn about your screenshots.
Yet, if you're consumed with posting screenshots at a forum full of anonymous members...much easier to just setup a Youtube Live Channel (its free) and show your trades occurring live for anyone that wants to log in.

Walk away from this forum unless you want to just lurk or post about other topics not related proving your trade performance. Seriously, this forum has many other interesting none trading discussions. :D

wrbtrader
 
wrbtrader said:
That should have been you "Mic drop moment".

You shouldn't be trying to prove anything to anyone with your screenshots nor loose any sleep about anything involving your trade performance. Just remember, there are a lot of assholes in this world and some of them are involved in the trading industry.
  • They do not give a damn about your screenshots.
Yet, if you're consumed with posting screenshots at a forum full of anonymous members...much easier to just setup a Youtube Live Channel (its free) and show your trades occurring live for anyone that wants to log in.

Walk away from this forum unless you want to just lurk or post about other topics not related proving your trade performance. Seriously, this forum has many other interesting none trading discussions. :D

wrbtrader
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Agree.... I've proven my point and I also think that it's time for me to stop posting my blotters going forward.
 
I'm thinking whether or not I'd like to share an excel spreadsheet that I created and used for years to track trades per setup. Why I had to perform extra steps is because NT7 journal is extremely suck and unreliable. Why I wanted to share is to help some newbies who are struggling and whom I think deserve to help.

Let's assume that even I don't have a setup to trade, this spreadsheet helps me to identify where my strength/weakness such as what time of the day I make consistent trades or losing trades, what time of the day I make the most or lose the most, what trading style I'm getting good at, it calculates what my win rate is and other stuff....

My problem is that I might have to record a video to show how to use it because this spreadsheet is getting complicated from novice to experience level over the years.
 
Dude, do you have any idea how many man hours I put in this spreadsheet? Yet, I give it out for free to help out those struggle ones.

If that's what you TOXIC PEOPLE think, then I'd better spend my valuable time on something else like volunteering in my local community to help out desperate people/animal who deserve help.

ADIOS!!!
 
I
QTrader20 said:
I'm thinking whether or not I'd like to share an excel spreadsheet that I created and used for years to track trades per setup. Why I had to perform extra steps is because NT7 journal is extremely suck and unreliable. Why I wanted to share is to help some newbies who are struggling and whom I think deserve to help.

Let's assume that even I don't have a setup to trade, this spreadsheet helps me to identify where my strength/weakness such as what time of the day I make consistent trades or losing trades, what time of the day I make the most or lose the most, what trading style I'm getting good at, it calculates what my win rate is and other stuff....

My problem is that I might have to record a video to show how to use it because this spreadsheet is getting complicated from novice to experience level over the years.
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I believe your excel sheet is very helpful. It would be nice if you decide to share it here. Please follow your inner voice on deciding whether to share it and happy trading!
 
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freeman311122 said:
I am not seeing how much profit QTrader20 has made so far, would like to see that figure.
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If you read some of my posts, I already mentioned before that NT7 Trade Performance report is suck which I don't use. Geez, you guys have reading problem.

Here is what I can tell you....

Since Oct. 19th to Nov. 27th with no trading took place on Nov. 26th & 27th, my return is ~3% a day and since Oct. 19th, I made roughly ~89.69% of return or close to doubling my trading capital in my scalping account.

If you still don't believe it, let's make a bet for one bitcoin and I'll show my broker's statement PRIVATELY or have Baron/Magna to access my broker's account to verify it. We might have to pay him for using his service lol...

Otherwise, who the f**k are you people to ask me showing my account statements....
 
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