scalping and scalpers

Most retail traders have no idea what a scalp is. Scalping is an arbitrage (almost front-running) strategy in its true sense. Dealers can do it, but the majority of retail traders cannot. You're referring to high-frequency trading.
 
Rent or buy a seat way to go, can't see anyone doing retail come out ahead. Doing 200 to 300 trades a day is just plain tiring physically, once you figure how market flows, it becomes like a song.


I always avoided hourly long term trendline bounces, But would scalp toward direction of trendline several times. Fade news after ten seconds, first move often wrong.
 
eleanorK80 said:
Scalping can be intense! How do you manage stress and stay focused during fast-paced trades? Share your techniques.
More...
Hello eleanorK80,

That is very good question.

I do not have time to think about the stress while trading. The stress ONLY comes while in drawdown.

If you was winning, you do not care about stress. Drawdown is stress.


Full Disclaimer : I am currently a Losing Trader so far of about -$7,200 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now.
 
ironchef said:
Fight On. :thumbsup:

I am glad you are fighting your way back.
More...
Hello ironchef,

Thank you buddy.

Yes, I have to recover these losses man and get back on track.

Full Disclaimer : I am currently a Losing Trader so far of about -$7,200 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now.
 
Handle123 said:
Rent or buy a seat way to go, can't see anyone doing retail come out ahead. Doing 200 to 300 trades a day is just plain tiring physically, once you figure how market flows, it becomes like a song.


I always avoided hourly long term trendline bounces, But would scalp toward direction of trendline several times. Fade news after ten seconds, first move often wrong.
More...
Hello Handle123,

You are correct about that day. By 3pm, I am burnt out on most days.
 
For me winning is more stressful. I need to think about not turning a winner into a loser and when to get out for max profit. Losing is easy. Just get out!
 
SimpleMeLike said:
Hello eleanorK80,

That is very good question.

I do not have time to think about the stress while trading. The stress ONLY comes while in drawdown.

If you was winning, you do not care about stress. Drawdown is stress.


Full Disclaimer : I am currently a Losing Trader so far of about -$7,200 on the fiscal year of 2023. Let's see how the next 2 months go. My comments are not worth a penny with a hole in it because I am losing trader right now.
More...
I agree, and the honesty is appreciated.
 
eleanorK80 said:
Scalping can be intense! How do you manage stress and stay focused during fast-paced trades? Share your techniques.
More...
Scalpers should be able to reset to "the Trade Plan" instantly after exiting the Trade, irrespective of the outcome. I rehearse/ replay in my mind - my "Entry Logic" every time after the trade is done.
 
You must log in or register to reply here.
Back
Top