If you go to trading house, almost all traders do scalping especially during the non trending period. The Exchange and Brokers like such traders because such traders generate huge volume. traders can collect say 20 ticks per lot a day and depending on how many lots you trade, the money can be rather decent. traders typically trade >100 round turns. and commissions are low due to volume discount.
Thanks, Tenny. It seems you have completely understood my style as it is yours, too. The difference between us and others who are critical is that we don't have to take losses very often. A precise entry will result in a quick, though small positive result. When you go for a big result you are exposed to the vagaries of the market to a much greater degree and you are then happy to get a better than 50% win rate. Thanks for the supportive post.
no problem mister. But personally I think such scalping is getting very challenging because of machine traders (the algo players). Also You need intense concentration to do it.
I don't intend to do this again but I'll indulge this time. You will see seven trades, all profitable.
What about Rotter? https://www.varchev.com/en/paul-rotter-aka-the-eurex-flipper/ Made millions yearly scalping......