Scalper 250 to 500 trades per day

K

ksonsinc

Hello scalpers
I have seen in the thread Trader P/L.
Some of you guys trade 250 - 350 trades a day
that,s a lot of trades.
How do you, keep your profit target $5 $10 $15 $20 $25 a trade,
and what do you do if you get stuck in a loosing trade.
Do you do hold, or take the losss
thank you
For people who do 15 to 500 trade a day
Only scalpers answer please.

(Edited for clarity by ChaosNSX)
 
Quote from ksonsinc:

Hello scalper
I have seen in the Trader P/L trade done 250 some pll 350 some pll 150 a day
that,s a lot of trade
how do you,ll keep your profit target $5 $10 $15 $20 $25 a trade
and what if you get stuck in a loosing trade what do you do hold on take the losss
thank you
For pll who do 15 to 500 trade a day
The scalper please
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long live ebonics.
 
Quote from ksonsinc:



(Edited for clarity by ChaosNSX)
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will you hold liability for your translation?

to answer the question -

I can't say this is true for me on all days, but I trade small lots - usually 100 to 500 shares. I'll measure upside potential to risk, looking for at least $.06 and risk .02.
 
I am no scalper. I am a very short-term trend follower. But, I do take a lot of trades each day.

1) I feel like I am missing out of $$$ to make if I am not in a position all the time. Thus, everytime I get stopped out I just jump right back in.

2) Staring at couple of 21" screens all day is boring. I trade not just to make money, but also to have fun. I feel like taking a lot of trades also keeps me thinking all day & on top of my game. It also keeps me active, and young.
 
Quote from SwingOutOn5:

will you hold liability for your translation?

to answer the question -
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What liability is that? The liability this thread is still active and their might be some value added derive from the original post because its legible?
 
yeah, I'm w/ ripley - Let me clarify. Sometimes I'll hold on to stuff if it's running - especially if I bought it on a pullback during a trend. I scalp on fibs and bollingers which make up about 50% of my trades and I'd say less than 50% of my PnL
 
HEy Ripley
Nice to hear that
even when i sit in front on the screen i get frustrated like i am missing osmehtng i need to be in a potion but i don't like to scale for $5 and sometime i get over greedy and loose a $40 win in to a loss trade
But when i see pll averaging 150 to 400 trade a day even $2 a trade ethat a lot of money but th person has to be extremely smart and alert to trade so many stock
 
Hey swing out
Isnt 0.02 a very tight stop - ?
Plus if u make a couple of trade wrong not only u end up paying 0.02 but also commission
I my self i am planning to change my style to more scalping
how has it been working for you and any ADVice - ? :)
 
Quote from Ripley:

I am no scalper. I am a very short-term trend follower. But, I do take a lot of trades each day.

1) I feel like I am missing out of $$$ to make if I am not in a position all the time. Thus, everytime I get stopped out I just jump right back in.

2) Staring at couple of 21" screens all day is boring. I trade not just to make money, but also to have fun. I feel like taking a lot of trades also keeps me thinking all day & on top of my game. It also keeps me active, and young.
More...

can't believe you've made money this way.
 
Youd be surprised back in 03 I knew a scalper that hated to take pain, he took the slightest bit of pain he was out. He was an awesome scalper. Refined his entries, and because of his detest for pain he had small losses. Had one of the most vertical equity curves I had seen up till that point. Last I heard he was working for a well known quant fund. I bet that they automated his entries and were killing it.
 
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