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Scalping tops and bottoms with incredible accuracy

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  • Post #41
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  • Dec 12, 2014 12:49pm Dec 12, 2014 12:49pm
  •  ola08
  • | Joined Nov 2009 | Status: Member | 79 Posts
Hi AlwaysWinnin
I believe that your claim would be more convincing if you can start your own thread on swing and/or position trading. At least both the doubters and the uninformed can see, compare and conclude on which trading style is more/most profitable.
May I also add that personality, time contraints and other factors also come into play in deciding on which trading style to adopt.
 
 
  • Post #42
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  • Dec 12, 2014 7:40pm Dec 12, 2014 7:40pm
  •  Hurst
  • | Commercial Member | Joined Aug 2014 | 1,880 Posts
Quoting AlwaysWinnin
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{quote} Position traders are more strategic which requires much more thought process,hence why position traders last longer and make more money because they are knowledgeable, have most discipline and are very patient. Thats the whole point of trading to be patient. Scalping on the other hand is just gambling and relying heavily on 1000 technical indicators on the screen. Scalpers believe that this is a get rich quick thing and want to throw a celebration party over a 5pip gain lol. Position trader will make one trade to gain 2000pips, but a scalper...
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I read a lot of hashed out market folk law here and not a lot of fact, I know a scalper that doubles his account virtually every week and lives off trading and another that position trades for 2000 pip moves, he can turn that 2000 pip move into 10,000 pips as he keeps getting in again and again and holding.
 
 
  • Post #43
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  • Last Post: Apr 29, 2016 12:28pm Apr 29, 2016 12:28pm
  •  FlowCycler
  • Joined Feb 2016 | Status: Member | 473 Posts
All the various trading styles work well.Its up to the individual trader to determine which one(s) work best for him or which he wishes to employ based on his level of skill and temperament.I like trading on the 1 min time frame.I also trade other time frames because of exposures over the years.There is no one single best road that leads to profit making.Scalping as well as other styles are uniquely good in their own way.Do your home work and you will see its true.
Follow the Flow and Grow
 
 
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