Scalpers: How many trades do you enter per day?

Quote from cstfx:B]Forex is a chartist's dream.[/B]
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I agree, I think forex trends better then equities/indexs.

If someone tries to play a unhedge reversion to the mean on forex you'll get your teeth kicked in. Once forex starts to move its like a run away freight train with no breaks. :eek:

Operator
 
Quote from cstfx:

If you asked an equity trader that scalps the same question, what do you think his/her response would be? Why should your asset class be any different?
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That was the reason why I asked it here. I already had a scalping forum up, and a few subscribers that would reply.
 
Quote from traderpro:

For equity i enter from 1000-3000 trades per day. Trading the futures i enter from 200-1000 trades a day. Last friday the ES setup was sick and i just held most of my contracts all day(slow trades day). My trade size in equity are from 200-1000 most of the time but i do dig in when i see a nice setup. For the futures 5 contracts per trade(order) most of the time sometimes bigger.
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Wow! Let me know when you go on vacation, so I can plan on lower volume, haha.

My current journal plan is to have a reflection journal, which will have a paragraph overview of my day. I also have a trading journal I update every hour that lists my position, reason for entering, criticism/counters (this helps me with my rules, level-headed view), and then reason for exit. However, I had about 25 scalps yesterday and only entered about half that, so I was looking for some reflection here.

Thank you all for your answers.
 
Quote from ramora:

What was the thread that changed your mind?

Any other threads help you very much?
Thank you
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'intraday fx player', read it at least 5 times (the best stuff is in the first 240 pages) and have charts from something like prorealtime.com with you while you read and go over the trades. The clue is seeing channels, taking the hourly for direction and snipershooting from the 1 minute risking like 4 pips to make 40. Then expect to put in at least four months of screentime into it and things will start to click.
 
ehhhhh prolly about 500...Im a 1 stock scalper..........

im a dinosaur purely by the hip discretionary...

I got my ass whipped on monday and am ready to take it back
 
Quote from cvds16:

'intraday fx player', read it at least 5 times (the best stuff is in the first 240 pages) and have charts from something like prorealtime.com with you while you read and go over the trades. The clue is seeing channels, taking the hourly for direction and snipershooting from the 1 minute risking like 4 pips to make 40. Then expect to put in at least four months of screentime into it and things will start to click.
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I think I will look into that as well. Thank you.

Greg
 
Btw, besides basic trendlines, channels and support/resistance, I see tons of triangles and similar variations (pennants, wedges). Many of my best intraday plays (30 min to hours) have come off triangle breakouts out of support/resistance/channels.
 
Quote from cvds16:

The clue is seeing channels, taking the hourly for direction and snipershooting from the 1 minute risking like 4 pips to make 40. Then expect to put in at least four months of screentime into it and things will start to click.
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It seems like we trade exactly the same way.
 
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