can you tell how you know when this has happened and why it is important? THXI wait for big traders to shake out little traders, I then enter at that point in time.
can you tell how you know when this has happened and why it is important? THXI wait for big traders to shake out little traders, I then enter at that point in time.
yesterday i made 4 trades in eurusd 3 lasted for 6 min and one for 3 min:i made 15 ticks in the shortest trade[3mins trade] and 25 ticks in total and my return was 100%.longer you are in a trade, the better the chance of failure. Think small my man and leverage up. take it from the source EX
I am a loss for wrds, so this from a member of my group trading. We all sit in the same room, not everyone always, but we are a social group turned day traders. I am the whole operation and we listen to me. This day had 14 contracts for the group and I, EX, was the trigger man. My son drives to get us luch. We all have a talent. My mane goal is to teach him. I personally trade 3 contracts. I'd say we are both on a similar track.View attachment 191239
Thank you, worked over 10,000 on this solution. Not everyday but it happens more than once. Averaging 91.4% so far this month. Break even is 83%.good result!
you guys must be heavy scalper.
I am light scalper.
Thank you, worked over 10,000 on this solution. Not everyday but it happens more than once. Averaging 91.4% so far this month. Break even is 83%.
Terminology is new to me here. what is the difference between light and heavy?
The best part of those results are the average time of 39 seconds. 6 trades lasted a total of 234 seconds. cannot lose on the sidelines. Drawdown was 2 dollars and change LOL
Later
EX
thanks for that i trade by signals of course as low as 5 and as great as 25 usual day gets 10 to 12 trades one tic only haven't figured out to get 2 and be profitable. hopefully someday but I can wait need screen time and lots of it best of luck with your approachtake for example trading ES
day trading light scapler :
uses charts for entry
trade about 5 round turns per session
target profit > 20 ticks / lot
hold position for few minutes to few hours
day trading heavy scalper :
mostly use order flow / look at ladder for entry. some might use charts
trade tens to hundreds round turns per session
target profit few ticks / lots and occassionally few tens of ticks.
hold position for few seconds to few minutes
but seriously...
for almost ten years i thought if i could figure out the market i will make millions.
the only thing wrong with that logic was that markets are unfigureable.
this is the common mistake.
now i am out to only make money:
now i wait till i see four up or down bars and enter in the direction of trend and close the trade 2 bars later or 5 ticks profit.
1 minute bars?but seriously...
for almost ten years i thought if i could figure out the market i will make millions.
the only thing wrong with that logic was that markets are unfigureable.
this is the common mistake.
now i am out to only make money:
now i wait till i see four up or down bars and enter in the direction of trend and close the trade 2 bars later or 5 ticks profit.
5 min1 minute bars?