I already have a long term intraday system thats very profitable. But it really bothers me when I'm barely able to place 1 trade a month using it. In a trending market, I'll place trades every night with it, and its awesome. But when we have months like February and June of this year, I get really annoyed. The market DOES in fact, move quite a bit, but stays in a longer term overall range. (SEE PIC)
Now my system thankfully keeps me out of these choppy markets, but I get very worried at the end of the month when I don't meet a certain profit. I am a full time trader, and it gets really scary when, at the end of the month, you see you made 5 times less money than you did your previous month. Since I have bills and expenses, you can see how this could be a problem lol...
By no means am I wealthy.. Yet... I simply have been trading to supply an income for myself... A very healthy income at that...
What my overall goal here, and with this post, is to find the scalpers out there who on a daily to weekly to monthly basis, make consistent gains with their strategy. If these people even exist on this forum, I would hope after reading this post, they wouldn't mind sharing their strategy.
To wrap it all up here folks:
I am looking for a solid scalping technique that can supplement my income in between the slow months of my intraday system. I have tried many of the techniques posted on FF, and I just can't seem to wrap my head around a lot of them. They almost always seem to be based on some lagging MA or a repainting indicator. Some people report having success with it, while most report failure. I myself try these systems only to fail as well after a week and dozens of trades later, trying them.
Can someone please help? Sorry for the lengthy post!
Now my system thankfully keeps me out of these choppy markets, but I get very worried at the end of the month when I don't meet a certain profit. I am a full time trader, and it gets really scary when, at the end of the month, you see you made 5 times less money than you did your previous month. Since I have bills and expenses, you can see how this could be a problem lol...
By no means am I wealthy.. Yet... I simply have been trading to supply an income for myself... A very healthy income at that...
What my overall goal here, and with this post, is to find the scalpers out there who on a daily to weekly to monthly basis, make consistent gains with their strategy. If these people even exist on this forum, I would hope after reading this post, they wouldn't mind sharing their strategy.
To wrap it all up here folks:
I am looking for a solid scalping technique that can supplement my income in between the slow months of my intraday system. I have tried many of the techniques posted on FF, and I just can't seem to wrap my head around a lot of them. They almost always seem to be based on some lagging MA or a repainting indicator. Some people report having success with it, while most report failure. I myself try these systems only to fail as well after a week and dozens of trades later, trying them.
Can someone please help? Sorry for the lengthy post!