What's your day trading experience?

Discussion in 'Trading' started by 100mcxtips, Sep 12, 2018.

  1. TraderEX

    TraderEX

    can you tell how you know when this has happened and why it is important? THX
     
    #11     Sep 12, 2018
  2. padutrader

    padutrader

    yesterday i made 4 trades in eurusd 3 lasted for 6 min and one for 3 min:i made 15 ticks in the shortest trade[3mins trade] and 25 ticks in total and my return was 100%.

    need i say more
     
    #12     Sep 12, 2018
  3. TraderEX

    TraderEX

    I am a loss for wrds, so this from a member of my group trading. We all sit in the same room, not everyone always, but we are a social group turned day traders. I am the whole operation and we listen to me. This day had 14 contracts for the group and I, EX, was the trigger man. My son drives to get us luch. We all have a talent. My mane goal is to teach him. I personally trade 3 contracts. I'd say we are both on a similar track. Screenshot (47).png
     
    #13     Sep 13, 2018
  4. maxinger

    maxinger

    good result!

    you guys must be heavy scalper.
    I am light scalper.
     
    #14     Sep 13, 2018
  5. TraderEX

    TraderEX

    Thank you, worked over 10,000 on this solution. Not everyday but it happens more than once. Averaging 91.4% so far this month. Break even is 83%.

    Terminology is new to me here. what is the difference between light and heavy?

    The best part of those results are the average time of 39 seconds. 6 trades lasted a total of 234 seconds. cannot lose on the sidelines. Drawdown was 2 dollars and change LOL

    Later

    EX
     
    #15     Sep 13, 2018
  6. maxinger

    maxinger

    take for example trading ES

    day trading light scapler :
    uses charts for entry
    trade about 5 round turns per session
    target profit > 20 ticks / lot
    hold position for few minutes to few hours

    day trading heavy scalper :
    mostly use order flow / look at ladder for entry. some might use charts
    trade tens to hundreds round turns per session
    target profit few ticks / lots and occassionally few tens of ticks.
    hold position for few seconds to few minutes
     
    #16     Sep 13, 2018
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  7. TraderEX

    TraderEX

    thanks for that i trade by signals of course as low as 5 and as great as 25 usual day gets 10 to 12 trades one tic only haven't figured out to get 2 and be profitable. hopefully someday but I can wait need screen time and lots of it best of luck with your approach
     
    #17     Sep 13, 2018
  8. p0box4

    p0box4

    So you are no longer teaching Goldman Sachs employees on how to use volume?
     
    #18     Sep 13, 2018
  9. 1 minute bars?
     
    #19     Sep 13, 2018
  10. padutrader

    padutrader

    5 min
     
    #20     Sep 13, 2018