something for the 1% of you that aren't imbeciles. Y Scalping is hard

Discussion in 'Psychology' started by stock777, Sep 11, 2011.

  1. spindr0

    spindr0

    Multiple "so true" statements in this post. Most noobs are attracted to the flame of dreams seeking instant gratification. Few realize it's a long term project to hone your skills while grinding out consistency.

    I traded slowly for a coupla years, aiming to at least beat MM rates while learning. Then I began to cover my bills. By the time the GFC came, I was prepared. In '08-'09 I experienced many weeks of non stop trading (scalping 100-150 trades per day). I functioned through sheer adrenaline flow and by Friday there was hell to pay (14-16 hours of sleep). I miss the exhaustion :)
     
    #21     Sep 18, 2011