My name is The Fool and I am a scalper. I began forex trading this year. Demo traded for 3 months, and have been trading live for almost 3 months.
I have made money over all. Lost some too. Do pretty well when I stick to doing what I know works, which is scalping the EUR/USD almost exclusively in the times that have the best price action for scalping. The hardest thing for me has been to learn how to cut short losing trades, but I think I've got that one now. I will describe some of my trading habits in this journal later on.
So as the journal title implies, I am trying to hit a gross account increase of 4% per day, day in and day out. Check out my spreadsheet, which clearly shows that I will be a millionaire by this time next summer. Man that'll be sweet. I hit 4.2% today by the NY close so I will probably not trade again until around the FO/LO.
Yes, they say it can't be done. They will scoff. I will post my spreadsheet results from time to time and we'll see how it goes.
I have made money over all. Lost some too. Do pretty well when I stick to doing what I know works, which is scalping the EUR/USD almost exclusively in the times that have the best price action for scalping. The hardest thing for me has been to learn how to cut short losing trades, but I think I've got that one now. I will describe some of my trading habits in this journal later on.
So as the journal title implies, I am trying to hit a gross account increase of 4% per day, day in and day out. Check out my spreadsheet, which clearly shows that I will be a millionaire by this time next summer. Man that'll be sweet. I hit 4.2% today by the NY close so I will probably not trade again until around the FO/LO.
Yes, they say it can't be done. They will scoff. I will post my spreadsheet results from time to time and we'll see how it goes.
Attached File(s)
"If The Fool persists in his Folly he will become wise." - William Blake