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Do scalpers make money in the long run?

  • #141
  • Apr 27, 2014 5:23am Apr 27, 2014 5:23am
Quoting fxdk
In Danmark we have a radioshow Called the millionaireclub. It is 3 traders who starts with 250000dkr each every year starting 1 january. 2 of Them only trades stocks without leverage, and they make around 150K dkr. The last trader is Tom hougaard. He scalps the forexmarket and most of the time the Dax30 index with huge leverage. Last year he went from 250K to 3,7 mill dkr . This year is even better, he is now on 4.7 mill. Dkr from his starting Equity at 250K in this years first 4 months. So yes it is duable , one just have to have desire and persistence...
It is just playing an instrument, it takes time, passion and tenacity. Most of all great concentration…..also while we do it we need to have the ability to let it go…. personal flair needs to kick in to be able to follow the flow…maybe just be one with it….many call it the zone……losses do not effect neither winners…… easy? No way, you also need to know a lot about yourself…..doable? Of course it is.


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Wherever you go, there you are.
  • #142
  • Apr 27, 2014 6:07am Apr 27, 2014 6:07am
Be a part off the 1% That succed

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  • #143
  • Apr 27, 2014 7:29am Apr 27, 2014 7:29am
Quoting Wolf_Wicked
{quote} See this was OK.. A theatrical losing of the cool, followed by an emotionally charged kinda "Omg oh why oh why do I even bother omg" kinda thing... but still it's lacking something .. I'll get back to you.. Oh I just noticed you went commercial too.. Phill would NEVER go "official" commercial.. Rookie Mistake..
As far as I am concerned, you are the rookie. No one gives a rats azz about your grade for their posts. Show me the MONEY or shut the hell up. You know, if you can convert all the time you dedicate to attaching music videos, trash talking, and being obnoxious, and instead explain to all of us why you even deserve to be in FF, then you can talk. Till then, what is your point? This isn't your personal chat room. You are on a thread in FF talking about scalping 5-10 pips per trade. What does your ridiculous ranting to me have to do with that? Wake up McFly!!
You cannot be extraordinary by being normal
  • #144
  • Edited 7:50am Apr 27, 2014 7:38am | Edited 7:50am
Quoting dkrock
{quote} As far as I am concerned, you are the rookie. No one gives a rats azz about your grade for their posts. Show me the MONEY or shut the hell up. You know, if you can convert all the time you dedicate to attaching music videos, trash talking, and being obnoxious, and instead explain to all of us why you even deserve to be in FF, then you can talk. Till then, what is your point? This isn't your personal chat room. You are on a thread in FF talking about scalping 5-10 pips per trade. What does your ridiculous ranting to me have to do with that?...
I just deposited $100 into a test scalping account after reading this thread.. I will even post my live results this week in a live trade explorer.. I doubt you could say the same.. But your skills in sucking your own dick are impressive.

I haven't intraday traded since I started working.. So I'm just interested to test it out. You never know if you never go..

Please keep replying to me though cause you make me look fking awesome.. honestly, this is rare.

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Howlin' at the Moon on the Roof
  • #145
  • Apr 27, 2014 7:59am Apr 27, 2014 7:59am
Quoting Wolf_Wicked
{quote} I just deposited $100 into a test scalping account after reading this thread.. I will even post my live results this week in a live trade explorer.. I doubt you could say the same.. But your skills in sucking your own dick are impressive. I haven't intraday traded since I started working.. So I'm just interested to test it out. You never know if you never go.. Please keep replying to me though cause you make me look fking awesome.. honestly, this is rare. https://www.youtube.com/watch?v=ahEPve7qzrI
unless you have a very well tested strategy you may as well either withdraw the money and spent it on something nice, or set fire to it
i think most realise its not as easy as it sounds, however scalping with a multi time frame strategy is slightly easier
so hopefully you've built and tested a strategy that works before rushing into the market on Monday morning
scalping can work, but you have to be on the ball
Good luck
  • #146
  • Apr 27, 2014 8:00am Apr 27, 2014 8:00am
Quoting Wolf_Wicked
{quote} I just deposited $100 into a test scalping account after reading this thread.. I will even post my live results this week in a live trade explorer.. I doubt you could say the same.. But your skills in sucking your own dick are impressive. I haven't intraday traded since I started working.. So I'm just interested to test it out. You never know if you never go.. Please keep replying to me though cause you make me look fking awesome.. honestly, this is rare. https://www.youtube.com/watch?v=ahEPve7qzrI
Yeah, right It is rare for you because most people don't stand up to bullies or assholes. Again, you are still treating this guy's thread like you own it. Yeah, you look like a fking awesome asshole.
You cannot be extraordinary by being normal
  • #147
  • Apr 27, 2014 8:03am Apr 27, 2014 8:03am
Quoting Carlsberg
{quote} unless you have a very well tested strategy you may as well either withdraw the money and spent it on something nice, or set fire to it i think most realise its not as easy as it sounds, however scalping with a multi time frame strategy is slightly easier so hopefully you've built and tested a strategy that works before rushing into the market on Monday Morning scalping can work, but you have to on the ball
As tempting as it is to call you a fk face I will with hold... and take a break... in... out

I have a longer term strategy that works quite well and I don't see why it couldn't work on smaller timeframes.. It's only $100 it's like a night out.. Or half a bottle of my penis moisturizer.. I had a quick look on the weekend through the chart app I have and I don't see why it can't work.. Will have to wait and see I honestly don't care if it doesn't.

But yes thank you for your concern, you can watch my down fall in my thread this week.. jeesuz now the pressures on.. I juts peed my pants and there is wee running up my ass crack cause I'm sitting down.
Howlin' at the Moon on the Roof
  • #148
  • Apr 27, 2014 8:04am Apr 27, 2014 8:04am
Quoting dkrock
{quote} Yeah, right It is rare for you because most people don't stand up to bullies or assholes. Again, you are still treating this guy's thread like you own it. Yeah, you look like a fking awesome asshole.
Which guy?
Howlin' at the Moon on the Roof
  • #149
  • Apr 27, 2014 8:14am Apr 27, 2014 8:14am
Quoting Wolf_Wicked
{quote} As tempting as it is to call you a fk face I will with hold... and take a break... in... out I have a longer term strategy that works quite well and I don't see why it couldn't work on smaller timeframes.. It's only $100 it's like a night out.. Or half a bottle of my penis moisturizer.. I had a quick look on the weekend through the chart app I have and I don't see why it can't work.. Will have to wait and see I honestly don't care if it doesn't. But yes thank you for your concern, you can watch my down fall in my thread this week.. jeesuz...
to be honest i could nt care less how you do, nor interested when you blow up or not
sure 100 is nt much to most, but if your that confident why not add a few k or go in with 500lots
the post was nt just directed at you, others will also be thinking they can also now scalp after reading a few BS posts
but seems the other poster was correct in his assumptions afterall
  • #150
  • Apr 27, 2014 8:33am Apr 27, 2014 8:33am
Quoting Carlsberg
{quote} to be honest i could nt care less how you do, nor interested when you blow up or not sure 100 is nt much to most, but if your that confident why not add a few k or go in with 500lots the post was nt just directed at you, others will also be thinking they can also now scalp after reading a few BS posts but seems the other poster was correct in his assumptions afterall
ok
Howlin' at the Moon on the Roof
  • #151
  • Apr 27, 2014 8:41am Apr 27, 2014 8:41am
Quoting mindgame
I was wondering if the traders who are scalping for 5-10 pips really make money in the long run? is it a myth or some kinda of short term profit they have or they really make money in the long run ? Experts whoever are there please explain and whoever says they make money scalping if you can provide proof they would be really nice.
oh , this guy..


Hello mind game, spectacular thread dear boy, you have opened up the trapdoor and that thing up stairs is all like 'Berk.. Feed Me"

I was inspired by your letters on the Forex Factory forum this April 27 2014. So much so that I have requested my broker-stead attribute 100 Australian shillings into a new trading account. You see good sir, I have traded a longer term strategy for an intermediate period of time and after your inspirations will venture to transfer that to a "scalping" type environment. perhaps my progress will answer your question without the jibba jabba provided through way of argumentative banter in your thread on forex factory entitled "Do Scalpers make money in the long run"

If you would like to follow my progress this week on my trade explorer I may prove to you that yes, indeed scalpers can make money in the long run. Or perhaps this will not be forth withstanding to the case and point in which I would only suggest to you good sir, that I tried.

Regards
Walter P. Wolf (the black smith)

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Howlin' at the Moon on the Roof
  • #152
  • Apr 27, 2014 11:32am Apr 27, 2014 11:32am
Quoting Wolf_Wicked
{quote} ok
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only here to help
  • #153
  • Apr 27, 2014 11:33am Apr 27, 2014 11:33am
Just some food for thought:

Do you guys ever wonder how many traders are out there making money that don't even waste their time responding to these threads because they know there will be people to quickly criticize and say they're lying?

The people that are trading consistently are too busy making money to spend any effort trying to convince people that their strategy works.

Everyone trades differently, you just need to find your edge.
  • #154
  • Apr 27, 2014 12:25pm Apr 27, 2014 12:25pm
Quoting Dyekid217
Just some food for thought: Do you guys ever wonder how many traders are out there making money that don't even waste their time responding to these threads because they know there will be people to quickly criticize and say they're lying? The people that are trading consistently are too busy making money to spend any effort trying to convince people that their strategy works. Everyone trades differently, you just need to find your edge.
This forum is a good place to get started at. But after a certain point, it's entertainment. Most profitable traders don't come here because they want to share their strategy or because they're looking for something new, but because they're bored and nobody in the real world wants to talk about forex trading anyway.

Quoting dkrock
{quote} As far as I am concerned, you are the rookie. No one gives a rats azz about your grade for their posts. Show me the MONEY or shut the hell up. You know, if you can convert all the time you dedicate to attaching music videos, trash talking, and being obnoxious, and instead explain to all of us why you even deserve to be in FF, then you can talk. Till then, what is your point? This isn't your personal chat room. You are on a thread in FF talking about scalping 5-10 pips per trade. What does your ridiculous ranting to me have to do with that?...
Not this shit again. What exactly have you contributed to this thread? A flawed understanding of drawdown?

Quoting dkrock
{quote} Yeah, right It is rare for you because most people don't stand up to bullies or assholes. Again, you are still treating this guy's thread like you own it. Yeah, you look like a fking awesome asshole.
Bullies like you who question someone's sexuality when you can't win the argument? I'm sure you're blind to the irony of your own condescending attitude towards people like Wolf Wicked, though. You're like a radical fundamentalist...the people who call you out on your bs are the "bullies" and you're the "victim". Give us a break buddy and find a new thread to impose your ego on.
  • #155
  • Apr 27, 2014 12:38pm Apr 27, 2014 12:38pm
Quoting Dyekid217
. Everyone trades differently, you just need to find your edge.
and everyone is different, some people needs to prove somehting to others or to themselves or catch some acknowledgement, looks like a god to other's eyes or some have just envy to shut the trap of disappointed of life !

this part is really not for you and is out of context ( but after tons of messages read i've some irritation to evacuate...hope you'll understand ) => just stop with all your stupid generalities , i'm fed up to read that all the time and stop to think that when you'll begin to earn money you retire in a cave or in a bunker with all winning traders or that all winners are part of big brothers or freemasonry !!

Winners are just humans like everybody and i don't see why they would stop to talk with people on forums ! ( even if they are not more here to learn , they can have a lot of fun on this forum )
  • #156
  • Apr 27, 2014 12:40pm Apr 27, 2014 12:40pm
Quoting Kanzler
{quote} This forum is a good place to get started at. But after a certain point, it's entertainment. Most profitable traders don't come here because they want to share their strategy or because they're looking for something new, but because they're bored and nobody in the real world wants to talk about forex trading anyway. {quote} Not this shit again. What exactly have you contributed to this thread? A flawed understanding of drawdown? {quote} Bullies like you who question someone's sexuality when you can't win the argument? I'm sure you're blind...
Yeah I agree, it's a wonderful place to learn. It's just hard to skim through the more important posts because there are a lot of members who clutter threads with irrelevance to the subject or strategy.

The people that are not posting are probably learning what they need to in order to make money and leave the forums without saying a word.
  • #157
  • Apr 27, 2014 1:14pm Apr 27, 2014 1:14pm
Quoting Wolf_Wicked
{quote} oh , this guy.. Hello mind game, spectacular thread dear boy, you have opened up the trapdoor and that thing up stairs is all like 'Berk.. Feed Me" I was inspired by your letters on the Forex Factory forum this April 27 2014. So much so that I have requested my broker-stead attribute 100 Australian shillings into a new trading account. You see good sir, I have traded a longer term strategy for an intermediate period of time and after your inspirations will venture to transfer that to a "scalping" type environment. perhaps my progress will...

Hi wolf.Y not.Please give me a link to your explorer.Will follow you
  • #158
  • Apr 27, 2014 2:15pm Apr 27, 2014 2:15pm
Quoting mindgame
{quote} chicky.i was being sarcastic.
LOL. So was I. You may like to read it one more time. You will get it.
The Thief of Wall Street
  • #159
  • Edited 11:49am Apr 28, 2014 11:15am | Edited 11:49am
Quoting Kanzler
Same. I'll be glad for 2% a month consistently, lol. Some months I make break-even and I've had a loser once in a while. But 1% is probably a good average, I'll have to run the numbers as now I'm curious (I risk half a percent btw).
In my opinion, you have just described the real "holy grail".

Your posts and opinions are very much aligned with my own, good stuff!
  • #160
  • Apr 28, 2014 11:24am Apr 28, 2014 11:24am
Quoting Davit
{quote} Hi Kanzler You have lot of experience and knowledge but making 2% monthly 1% average is not good.It seems between your knowledge and experience you should be 5-15% range monthly Something is missing...Not critising but seems you should be making lot more. Regards
I respectfully disagree, 2% a month will yield a healthy return of 27% annually when compounded. Most investors would bite your hand off for this return.
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