@volpri When it comes to posting trades or charts, one of the challenges is that we all perceive the market from different perspectives. This becomes even more problematic when a thread is dedicated to a specific trading style, yet traders who do not follow that approach begin sharing their own opinions. This forum is not moderated, therefore, it is only a matter of time before some failed, wannabe traders resort to personal attacks to bolster their fragile egos. Do not let others discourage you. Instead, use any negative feedback, comments, or personal attacks as an opportunity to practice emotional detachment.
Not an exact correct definition, I know a very good Options Trader on et who often resorts to personal attacks and he's no wannabe. The personal attacks regarding trading style are usually initially generated as a response to tunnel vision on trading. The truth of the matter most of us have tunnel vision because the markets are so broad and varied. I think of my circumstance (and I've been humbled) my wife I would not describe as a sophisticated trader but bloody hell she knows how to pull in coin, leaves me behind in the dust. Yeah maybe humility is the answer to personal attacks.
I hope this thread has been good entertainment and informative as to how I like to scalp. I hope some concepts therein provoke more thinking on the subject of scalping via Price Action trading. Thank you for taking the time to read my posts and watch the videos I post. I do not recommend anyone scalp this way. It takes a long time to get good at price action trading. However, I do think that if one will take the time to learn it really well and develop the skills to implement the many facets of PA trading, that such skills developed via much practice then there does exist the possibility they will have found an advantage that could serve them for a lifetime. That is, as long as the markets uses charts as the graphical interface for displaying price movement. I do not believe that any such thing as noise exist in the markets. There is only price movement. It behooves each of us as traders to discover and hone the skills to reap profits from price movement in any time frame we can discover that works best for each of us. As I say goodbye to ET may the wind be behind your back pushing you forward and may you prosper in your trading. This is my last video as I now retire from ET. Not saying that I would never come back but I am 70 years old, and it gets harder and harder to markup charts, do these posts and videos. I have nothing to sell and wish the best for all of you in your trading. Disclaimer: The following video is an example of scalping a 10 second time frame what most traders would consider to be noise. This video is for entertainment and information purpose only to show how I like to scalp small TFs. The actual results shown here can be different than what may actually happen in a real or in a SIM account, so I am not advising anyone to use these techniques. You may not get the same results as shown in this video and you can even lose all and even more of your money that is in your account, real or sim account. So, warning: Do not trade this way.
One final post LOL. Maga is good for America. America will win the tariff war. Tesla will not go broke. Elon will outsmart and out play them all. Canada is making some big mistakes. Europe best be very careful in their decisions. China is not worrisome to us. I won't argue about this anymore right now as this is my last post ...at least for now... Hasta la vista
Hasta La Vista Volpri, This thread is full of useful ideas and perspectives... I appreciate your sharing your ideas.... trading methods, strategies ,tactics... etc. .... over the last 5 or so years. All the best and many thks.
Good Morning volpri, With ALL my heart, THANK YOU You have definitely helped me SOO much in trading journey!!! Thank you. Many blessing to you and your family. Take care and God Bless. Please enjoy your retirement!
I actually did live trades with something similar since Nov 2024. Results remind me of writing options, small consistent profits until the shxx (Trump tariff) hits the fan. However, overall still profitable but I am not printing money or winning every trade. The key is trade small, trade often, don't leverage, don't be greedy and have fun. I was getting a free dinner most days but once in a while paid for a big dinner party. By the way "average down" actually helped. I think of it not as averaging down but like establishing a position in my position trades. I never established my position in one trade, usually build it up over time. My scalping approach is similar. Take care.
Thank you sir for your journal. I am one of those who actually tried the approach with real money. It worked until it didn't. The devil is in the details and in lots of practices. Overall I am actually quite happy playing with your approach. Take care.