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Scalper Trading Technique

  • #221
  • Mar 27, 2023 9:38am Mar 27, 2023 9:38am
Quoting atuque1
Hi Forum Members & Trader Friends, I started this new thread, to share one of the simplest scalping trading technique, which work for me. Probably lots of people is currently using it without fail or less failure. It is called Bank Scalper Technique. I will share my trades as it go on.. 10% daily profit is not impossible.. Note: Please check updates on Post #124
Can you tell me how much risk you are taking? If you gain 10% on a daily basis, that means it’s a handsome amount of return per day.
  • #222
  • Mar 27, 2023 10:52am Mar 27, 2023 10:52am
Quoting jonstewart
{quote} Can you tell me how much risk you are taking? If you gain 10% on a daily basis, that means it’s a handsome amount of return per day.
Hi Jonstewart,
Every trade I will use only 5% of my free margin, and max 3-4 trades at one time (so, max use of 15-20% of free margin). I will put TP at 5 pips every trade & did not put SL.
Currently, since I am involved with my real job & could not really monitor the best setups & signals (always miss the best order time), I could make 5-7% profit per day.
  • #223
  • Mar 29, 2023 11:07pm Mar 29, 2023 11:07pm
Quoting atuque1
Hi Forum Members & Trader Friends, I started this new thread, to share one of the simplest scalping trading technique, which work for me. Probably lots of people is currently using it without fail or less failure. It is called Bank Scalper Technique. I will share my trades as it go on.. 10% daily profit is not impossible.. Note: Please check updates on Post #124
Then I am waiting to see your technique as I badly need it. Hopefully it will work it out too for me.
  • #224
  • Mar 31, 2023 6:04pm Mar 31, 2023 6:04pm
How does your scalping work if ok to ask?
Are you trading high lots?
What time frame? and what instruments are you trading on?
Regards Trevbeats
  • #225
  • Apr 1, 2023 11:40am Apr 1, 2023 11:40am
Quoting Trevbeats
How does your scalping work if ok to ask? Are you trading high lots? What time frame? and what instruments are you trading on? Regards Trevbeats
Hi Trevbeats,
My scalping will be good when I followed the rule on setups & signals. But bad if I go against the rule (when testing).
TimeFrame used are TF15mins & TF1min.
I use micro account (cents) with leverage 1:1000. So, with account USD20, I will trade with 1cent Lot.
I traded in Major Pair (all 7 pairs).
  • #226
  • Apr 2, 2023 6:17am Apr 2, 2023 6:17am
hello guys,
I am a forex and crypto treader, i usually scalp but the problem is that I can not find any strategy for scalping that can be set and forgotten, i usually trade live when scalping, so I was wondering if any of you could yet find any set and forget strategy for scalping?
  • #227
  • Apr 5, 2023 4:03am Apr 5, 2023 4:03am
Quoting atuque1
Hi Forum Members & Trader Friends, I started this new thread, to share one of the simplest scalping trading technique, which work for me. Probably lots of people is currently using it without fail or less failure. It is called Bank Scalper Technique. I will share my trades as it go on.. 10% daily profit is not impossible.. Note: Please check updates on Post #124, Examples of setups & signals in Post...
May I ask how many position do you open on daily average to get 10%? and what is your R/R?
  • #228
  • Apr 8, 2023 8:10pm Apr 8, 2023 8:10pm
Quoting atuque1
{quote} Hi Trevbeats, My scalping will be good when I followed the rule on setups & signals. But bad if I go against the rule (when testing). TimeFrame used are TF15mins & TF1min. I use micro account (cents) with leverage 1:1000. So, with account USD20, I will trade with 1cent Lot. I traded in Major Pair (all 7 pairs).
Hello atuque1, do you also trade using a prop firm like FTMO or My Forex Funds?
  • #229
  • Apr 27, 2023 10:29pm Apr 27, 2023 10:29pm
Quoting atuque1
Hi Forum Members & Trader Friends, I started this new thread, to share one of the simplest scalping trading technique, which work for me. Probably lots of people is currently using it without fail or less failure. It is called Bank Scalper Technique. I will share my trades as it go on.. 10% daily profit is not impossible.. Note: Please check updates on Post #124, Examples of setups & signals in Post...
Is it really possible to earn 10% profit consistently every month? What is your strategy then? I am very much willing to see it. I am a scalper too but struggling to bear profit on average.
  • #230
  • May 4, 2023 8:55am May 4, 2023 8:55am
Quoting OpheliaReyes
hello guys, I am a forex and crypto treader, i usually scalp but the problem is that I can not find any strategy for scalping that can be set and forgotten, i usually trade live when scalping, so I was wondering if any of you could yet find any set and forget strategy for scalping?
For scalping with this technique, when it is running, need to set TP (take profit) with 5 pips every good scalp..
After hit, look for other setup & signal again..
  • #231
  • May 4, 2023 8:59am May 4, 2023 8:59am
Quoting OpheliaReyes
{quote} May I ask how many position do you open on daily average to get 10%? and what is your R/R?
To get the 10% daily profit, I will open 4 trades in a day.. All with 5 pips profit..
This is due to my leverage is 1:1000 & every trade I will open with using of 5% from my free margin.. If hit 1 trade with 5pips, that will be 2.5% profit already..
R/R, is only return that i care.. Risk, big..
  • #232
  • May 4, 2023 9:01am May 4, 2023 9:01am
Quoting AbdullahBin
{quote} Is it really possible to earn 10% profit consistently every month? What is your strategy then? I am very much willing to see it. I am a scalper too but struggling to bear profit on average.
Salam Abdullah..
10% profit every month? Or you mean daily?
Because I could make 10% profit daily..
  • #233
  • Aug 8, 2023 4:26pm Aug 8, 2023 4:26pm
Excuse me, I'm trying to understand:
How do you set %-risk of your account without setting a SL?
Thank you.
Just an opinion. Based on research
  • #234
  • Aug 8, 2023 5:39pm Aug 8, 2023 5:39pm
And one more question:
Can we make it set and forget using tp=5 and sl=30?
Just an opinion. Based on research
  • #235
  • Aug 9, 2023 3:43pm Aug 9, 2023 3:43pm
Quoting since80808
Excuse me, I'm trying to understand: How do you set %-risk of your account without setting a SL? Thank you.
I think,
If with 5 pips the profit is 2.5%, the SL should be 10 pips with 5% risk.
Modify and use this tool to calculate the position size on Equity
Attached File(s)
File Type: mq4 PositionSizeCalculator - Main Window.mq4   11 KB | 327 downloads
  • #236
  • Aug 9, 2023 4:04pm Aug 9, 2023 4:04pm
Quoting chaveznqoos
{quote} I think, If with 5 pips the profit is 2.5%, the SL should be 10 pips with 5% risk. Modify and use this tool to calculate the position size on Equity {file}
You are right and I calculated the same.
But the OP says he close manually at 30-40pips loss
Just an opinion. Based on research
  • #237
  • Aug 9, 2023 4:47pm Aug 9, 2023 4:47pm
Quoting since80808
{quote} You are right and I calculated the same. But the OP says he close manually at 30-40pips loss
Yes, with a loss of 15 to 20%
  • #238
  • Sep 3, 2023 2:11pm Sep 3, 2023 2:11pm
Hello Anyone still using this strategy ? I keep practicing it and it work well, but I strugle to follow the rules.
  • #239
  • Sep 13, 2023 10:55am Sep 13, 2023 10:55am
Quoting AbdullahBin
{quote} I don’t know your trading history; but honestly 10% daily is looking like an unrealistic target! According to my own experience, there is nothing like easy money in Forex!
I am also agree with you in this regard because fixing a certain percentage every single day isn’t possible as the market is quite uncertain and unpredictable.
  • #240
  • Jun 5, 2024 11:24pm Jun 5, 2024 11:24pm
Quoting atuque1
Hi Forum Members & Trader Friends, I started this new thread, to share one of the simplest scalping trading technique, which work for me. Probably lots of people is currently using it without fail or less failure. It is called Bank Scalper Technique. I will share my trades as it go on.. 10% daily profit is not impossible.. Note: Please check updates on Post #124, Examples of setups & signals in Post...
Are you risking your trades much? I think earning 10% daily is nearly impossible.
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