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Scalping 20+ trades per day

  • #241
  • Oct 24, 2011 3:25pm Oct 24, 2011 3:25pm
out eu 14 +4 pips on position
total +8 pips on the trade

Total for today +164 pips.

Square. Good night.
If you're not part of the solution then you're part of the problem.
  • #242
  • Oct 25, 2011 1:47am Oct 25, 2011 1:47am
Good morning.

Sh eu 15
If you're not part of the solution then you're part of the problem.
  • #243
  • Oct 25, 2011 2:19am Oct 25, 2011 2:19am
The latest java update made my jforex platform crash. So, in updating I lost all the settings. Therefore the order was made at the minimum setting of the platform. I added so now I have a standard entry with price 19.

Therefore the correct entry is sh eu 19.
If you're not part of the solution then you're part of the problem.
  • #244
  • Oct 25, 2011 2:49am Oct 25, 2011 2:49am
Quoting majorusa
The latest java update made my jforex platform crash. So, in updating I lost all the settings. Therefore the order was made at the minimum setting of the platform. I added so now I have a standard entry with price 19.

Therefore the correct entry is sh eu 19.
Personnaly, i always have a copy of my platform on another hardrive with all the settings, so i have no more problems since.
I hear and I forget. I see and I remember. I do and I understand.
  • #245
  • Oct 25, 2011 2:59am Oct 25, 2011 2:59am
sh gu 00
If you're not part of the solution then you're part of the problem.
  • #246
  • Oct 25, 2011 5:53am Oct 25, 2011 5:53am
out eu 94 +24 pips
If you're not part of the solution then you're part of the problem.
  • #247
  • Oct 25, 2011 5:55am Oct 25, 2011 5:55am
sh eu 00
If you're not part of the solution then you're part of the problem.
  • #248
  • Oct 25, 2011 6:13am Oct 25, 2011 6:13am
out eu 91 +9 pips

Could not post due to news that rendered the page not accessible.

sh eu 06
If you're not part of the solution then you're part of the problem.
  • #249
  • Oct 25, 2011 6:18am Oct 25, 2011 6:18am
add eu 42 av 21
add gu 22 av 11
If you're not part of the solution then you're part of the problem.
  • #250
  • Oct 25, 2011 6:33am Oct 25, 2011 6:33am
out eu 07 +14 pips on position, two add-ins
total +28 pips on the trade
If you're not part of the solution then you're part of the problem.
  • #251
  • Oct 25, 2011 6:36am Oct 25, 2011 6:36am
out GU 00 +10 pips on position, two add-ins
20 pips in total
If you're not part of the solution then you're part of the problem.
  • #252
  • Oct 25, 2011 6:37am Oct 25, 2011 6:37am
total for the day + 81 pips.

Square cause I have to go.
If you're not part of the solution then you're part of the problem.
  • #253
  • Oct 25, 2011 6:43am Oct 25, 2011 6:43am
could not resist.

sh eu 83
sh gu 91
If you're not part of the solution then you're part of the problem.
  • #254
  • Edited 6:48am Oct 25, 2011 6:46am | Edited 6:48am
out eu 78 +5 pips
If you're not part of the solution then you're part of the problem.
  • #255
  • Oct 25, 2011 7:06am Oct 25, 2011 7:06am
out GU 80 +9 pips

Done for today. Total +95 pips

I have to run now. Bye!
If you're not part of the solution then you're part of the problem.
  • #256
  • Oct 25, 2011 7:25pm Oct 25, 2011 7:25pm
I read your journal with much interest as I trade in a similar style. I counter-trend and average in when the price moves against me.

What do you think of trading long and short at the same time? In this way, you can always take profit on the winning position. On your losing side, you can then average in as you are doing.

I agree that having a large account is very important for such a strategy. I blew my account due to lack of margin. Now I am still adopting the same strategy but more conservatively.

May I ask if this is your main system as a full time trader?

Thanks.
  • #257
  • Oct 26, 2011 12:49am Oct 26, 2011 12:49am
Good morning.

sh eu 35
If you're not part of the solution then you're part of the problem.
  • #258
  • Oct 26, 2011 1:03am Oct 26, 2011 1:03am
@ Darren

Thank you for your post Darren.

Yes, this is my only style. I think is versatile enough to cover all situations.

Concerning the long and short in same time, I do not do this. For me opening a short position when I am in loss with he long one is just a method to release part of the used trading line. This is the last resort when I have a heavy position.

I trade only one direction at a time and it is according to my analysis. But this is just me.

Concerning the margin call that you had, I cannot stress enough that the key is in the Money Management. Especially now when the market is very volatile.

I hope that this answers your questions. Happy trading!
If you're not part of the solution then you're part of the problem.
  • #259
  • Oct 26, 2011 1:25am Oct 26, 2011 1:25am
out eu 24 +11 pips
If you're not part of the solution then you're part of the problem.
  • #260
  • Oct 26, 2011 1:42am Oct 26, 2011 1:42am
sh eu 32
If you're not part of the solution then you're part of the problem.
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