Proof that scalpers can make money

Discussion in 'Journals' started by QTrader20, Nov 19, 2020.

  1. Zodiac4u

    Zodiac4u

    A Chicken eats one seed at a time, at the end of the day it has a full belly.
     
    #141     Dec 17, 2020
  2. QTrader20

    QTrader20

    NOBODY gives it away for free as there isn't free lunch on Wall St. Also, I want to make it clear that I'm not even looking to sell my trading system either or mentoring anybody as some are about to doubt that I'm a snake oil salesman which I'm not.

    ==========

    Here is what I can share about a high win rate trading system. It must be able to:

    a) recognize and follow intraday trend everyday if there is any. It is is important because even if your entry rules are suck, you still end up to make money.

    b) recognize intraday mean reversion because you don't want to buy at any top or at any bottom.

    c) recognize sideway movements...

    d) This is not part of your trading system unless your platform offers it. You need an additional set of tools to track HTF/bots movements ALONG WITH YOUR SETUPS. This will make huge positive outcome to your trading so you can eventually increase size accordingly while racking up profits. Risk management skills apply from here on.
     
    #142     Dec 18, 2020
    Laissez Faire likes this.
  3. Zodiac4u

    Zodiac4u

    Systems come and go, but they stay longer when they are not advertised, one can say that's not true, so if its not true, why aren't the best traders on Wall Street advertising? When their trading methods hit the street, they write books and have seminars.
     
    #143     Dec 18, 2020
  4. Can you expand on d) ? Don't they act just similar to the old marketmakers (only faster), meaning trying to make the bid/ask spread?
     
    #144     Dec 19, 2020
  5. QTrader20

    QTrader20

    Setups might change over time, but trading system remains fixed.
     
    #145     Dec 20, 2020
  6. QTrader20

    QTrader20

    Kinda similar to order flow metrics...
     
    #146     Dec 20, 2020
  7. QTrader20

    QTrader20

    Here is the screenshot for last Friday trades to demonstrate what I mean by my above post. As you can see, all my trades are shorts without any loser.

    Untitled.png
     
    #147     Dec 20, 2020
  8. QTrader20

    QTrader20

    I'm going to pull the plug to stop posting on this thread from now on with scalping account tripling.

    I'll open a new thread in January starting with 10k trading capital (a small portion of profits I gained this year) and see how fast I can reach seven figures by using 5 contracts to begin with. My plan is to add 5 more contracts for each 10k of profits. I'm going to trade very aggressive with this account by using highest win rate setups which work very well YTD on both long and shorts.
     
    #148     Dec 22, 2020
  9. Did you start the thread yet? Hope you make $2 million because I know its possible for a very few select group like Destiero.
     
    #149     Jan 21, 2021
    QTrader20 and freeman311122 like this.
  10. , you are so funny.
     
    #150     Jan 21, 2021