Trading on "Instynct" (NQ)

Quote from jack411:

Yeah definitely read it. Theres tons of good info on price action, using trendlines, patterns, s/r, money management, etc. You'll just have to adjust it to your own personality like anything else really.

I'm not good at letting winners run. I'm more of a scalper at heart.
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I know this is a scalping thread, but I find it curious that I've yet see any AHG/Anek follower follow, AFAIK, Anek's last public advice:

http://www.priceaction.net/showpost.php?p=2866&postcount=85

Then again, if it's working for you..

Nice thread, thanks for posting.
 
Quote from Alcoeus:

I know this is a scalping thread, but I find it curious that I've yet see any AHG/Anek follower follow, AFAIK, Anek's last public advice:

http://www.priceaction.net/showpost.php?p=2866&postcount=85

Then again, if it's working for you..

Nice thread, thanks for posting.
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Holding onto winners is a constant work in progress for me. In the meantime though, scalping a couple points here and there is working out ok. When I first started trading, someone told me that if you can net just 1 point a day, you can make a living trading. It's true.
 
Jack, The numbers sure work for netting any positive amount on a consistent basis. Trouble is, if you are only netting 1 point per day on several trades, you are on a very fine line. Not one I would count on for making a living. Now if you can average a net of 5+ per day on a monthly basis, then that is something you could count on to at least start scaling. FWIW.
 
Quote from bmwhendrix:

Jack, The numbers sure work for netting any positive amount on a consistent basis. Trouble is, if you are only netting 1 point per day on several trades, you are on a very fine line. Not one I would count on for making a living. Now if you can average a net of 5+ per day on a monthly basis, then that is something you could count on to at least start scaling. FWIW.
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First I should clarify, I do NOT make my living off netting 1 point a day lol. I have a somewhat flexible job that allows me to trade sometimes. And the person I was referring to was actually talking about the ES. He scalps a tick or two at a time a few times a day.

I understand what you were getting at though. I should have been more clear - I was just reiterating the old "master one setup" saying. There are some true scalpers out there that make a living trading that way. The 1 point part is relative to how many actual trades you take to get it, what instrument you're trading, etc.
 
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