U a Scalper? Daytrader? Intra-day trader? Fader?

Discussion in 'Risk Management' started by increasenow, May 30, 2010.

  1. U a Scalper? Daytrader? Intra-day trader? Fader?

    how do you define these?

    Scalpers make 50-500 traders oer day

    Daytraders 5-20

    Intraday traders 1-5

    Faders 1-5

    agree? thoughts? comments?
  2. A scalper is both an intraday trader and a daytrader. Intraday trader and daytrader mean the same thing, actually, and both contain scalpers as a subset.

    I make 50-500 trades/day, though sometimes more than 500!!! (manually!!!!!!!!!), so I'm definitely a scalper... though sometimes "human high frequency trader" might be a better definition :D.
  3. I've been doing well above 50 lately, but there is no way I'd classify myself as a scalper. I understand the idea of the thread, but I don't think there is a direct correlation between strategy and number of trades per day.
  4. From you p/l posts it looks like you're using sterling. how are your hot keys set up?

    I don't scalp but I have a feeling if you scalp you probably have a lot better hot key setup than me.

    Also, how often are you taking liquidity vs. providing? ECN/SEC fees must really add up with that kinda volume.
  5. 2-6 trades per day... have positions closed by market close.
  6. 2-6 is my sweet spot too, for whatever reason.

  7. Tell you what, Mr BM, why don't you post a chart and we all can see what you know:D, and, you can post in the "F" word thread, so as not to ruin other peoples threads:p
  8. weekly trader
  9. I thought as much, and I see you need the calculator at hand to see how much you are losing:D

    Keep watching the R2K, for that is what the real amateurs watch as they heard a few little boys talking about it:p

    Nuf said, and it only took one post to reveal all:D

    No more replies to you BoYo, only in the "F" word thread, for that is where you truly belong:p
  10. I have a very insane layout. My fingers are long so I can reach keys many can't, but shift Q,W,E,R,T,Y are my cancels, shift A,S,D,F,G,H,J,K are my sells, shift+Z,X,C,V,B,N,M are my buys, CTRL+A,S,D,F,G,H,J,K are also sells, and CTRL+Z,X,C,V,B,N,M are also buys. Shift + ; and shift + ' are also buy/sell keys, as well as shift+[ and shift +].

    I use numpad to change order quantity, and I use the arrow keys to change price around.

    You can estimate my add/take ratio by looking at my gross:net. I'll give you a hint... I add a lot.
    #10     Jun 5, 2010