sstheo, this really looks excellent, good job ! I hope you can keep up the good work and bring in the $$ day by day. Your last run in the last journal was also fantastic, but then you had to stop and disappeared for quite a while. I hope it will last longer this time, but if you continue with such good trading then I see the big numbers rolling in soon, and you can already order your Ferrari or whatever you like
that is the nature of scalping, to have a lot of trades with small profits and only a few loosers ! you have to like that as your trading style ! otherwise it makes no sense to do it ! an I think that is SUPER SCALPING
Last time I believe you showed some charts with your trades. Will you be sharing this with us every now and then again?
Please understand that I am trading on all four of MES, MNQ, MYM, and M2K. And I often have simultaneous trades on. So in my reporting, I guess you could divide the "S&P Ticks and Points" by four to see my performance if I were only trading the MES with a larger size. Doing Your Own Thing. I just love what a friend of mine said this morning-- "It is not a matter of trying hard, it is a matter of being in sync with the market before attempting trades. You need to know your levels and apply your trading style. That is all that counts for your goals. Everything else is garbage to me, regardless of who says it. LOL. To make a living at this thing, anyone can do it, BUT you must have a methodology, a system. Select a style proven to work consistently, and adapt the style of trading with being in sync with the market as a constantly ever-changing thing."
Once a trader comes up with a trading system and understand well how to use it, it's just a matter of time he'll make money soon. You seem to get there now... I'm rooting for you
And you catch all those big swings ? Anybody can be lucky and catch a 67 point swing in one day. Just go short, and come back a few hours later. Great, you are the big hero of the day. But the next day, will this work again ? But to scalp over 50 trades in a session and have a +90% win rate, slowly piling up the profits during the day, tick by tick, point by point, this means the trader has at least some kind of skill in trading the market, or no ? To each his own, if you make good money trading and catching those big swings, kudos to you. But this is a scalper's thread, and if you dont like it, why you just dont move on and make your own journal, in which you catch those big intraday swings ? It would be very interesting to have the journals of 2 daytraders, one scalper and the other trying to go for the bigger profits, head to head.