ONLY for Scalpers

OkComp said:

Given the animosity towards scalping in this forum I propose that scalpers list some info to show the degree of their success.

Inform the rest of the forum of:
- Instruments traded (stocks/futures/currency) --> Future CAC and DAX
- Trades per day (RT) --> between 20 to 250
- Average time per position -->less than one minute
- Average points earned -->between 0,5 tick and 8 tick
- Average Success rate -->90 %
- Approx capital -->depend of your profil risk
- Average return per day/month/year -->1000
- Years of experience using this daytrading strategy --> Less than one year
- % of commission & spread paid in relation to revenues


Please refrain from posting if you are not a scalper and willing to contribute to this questionnaire. If you still have the urge to comment, start a new thread linking it to this one

Click to expand...

OkComp said:

Given the animosity towards scalping in this forum I propose that scalpers list some info to show the degree of their success.

Inform the rest of the forum of:
- Instruments traded (stocks/futures/currency) [COLOR="Red"SP Emini[/COLOR]
- Trades per day (RT) [COLOR="Red"]1-2[/COLOR]
- Average time per position 5-15min
- Average points earned 4-9 ticks
- Average Success rate 70 percent
- Approx capital US$30,000 trading cap
- Average return per day/month/year 2-3% per day
- Years of experience using this daytrading strategy One Year
- % of commission & spread paid in relation to revenues 3-5%

Click to expand...

Doomberg said:

Thought i'd bump this old thread as im interested in seeing if any others prefer scalping than long trades...

Any input appreciated

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ilir.shkurti said:

Please find my answers in red above, thanks.

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COINMOUNTAIN said:

Hi
I use the following scalping method on Intertrader in sterling based in the UK on
a spread betting account
The pip difference is 1/3 pips on the following that i trade
AM EURUSD,GBP/USD DAX
PM EUR/USD GBP/USD DOW JONES
I look to make 40 pips a day and only trade when markets are volatile which is
almost every day.
Trades are held from 1 min to 30 minutes
I monitor all trades and sell 70% of trade once target reached i use my own target
for remaining 30% which is maximum of 20 pips and minimum of 10 pips unless
closed at a loss

About 80% achieve minimum target of 5 pips.
I have used this system for 2 months after having traded a number of methods during last 10 years.
MACD 5 8 9
PSAR 0.10 0.11
i USE 5 MIN CHARTS AND LOOK AT 1 AND 15 MINUTE FOR CONFIRMATION
I only enter trade when macd and psar are aligned
Feel free to trail this yourself or if FORUM want to check it out will welcome it.
Good luck

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AC007 said:

how many pipsdo u risk to make 5 pips? you have sais nothing about your stoploss.
thanks

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COINMOUNTAIN said:

Hi
I use the following scalping method on Intertrader in sterling based in the UK on
a spread betting account
The pip difference is 1/3 pips on the following that i trade
AM EURUSD,GBP/USD DAX
PM EUR/USD GBP/USD DOW JONES
I look to make 40 pips a day and only trade when markets are volatile which is
almost every day.
Trades are held from 1 min to 30 minutes
I monitor all trades and sell 70% of trade once target reached i use my own target
for remaining 30% which is maximum of 20 pips and minimum of 10 pips unless
closed at a loss.
About 80% achieve minimum target of 5 pips.
I have used this system for 2 months after having traded a number of methods during last 10 years.
MACD 5 8 9
PSAR 0.10 0.11
i USE 5 MIN CHARTS AND LOOK AT 1 AND 15 MINUTE FOR CONFIRMATION
I only enter trade when macd and psar are aligned
Feel free to trail this yourself or if FORUM want to check it out will welcome it.
Good luck

Click to expand...

OkComp said:

Given the animosity towards scalping in this forum I propose that scalpers list some info to show the degree of their success.

Inform the rest of the forum of:
- Instruments traded (stocks/futures/currency)
- Trades per day (RT)
- Average time per position
- Average points earned
- Average Success rate
- Approx capital
- Average return per day/month/year
- Years of experience using this daytrading strategy
- % of commission & spread paid in relation to revenues

i doubt you would believe it
Please refrain from posting if you are not a scalper and willing to contribute to this questionnaire. If you still have the urge to comment, start a new thread linking it to this one

Click to expand...