55000 % in ONE month !

Scalping takes way too much energy. Even the 23 minutes I just spent is way too much for me. But ok, may be I was exaggerating a little bit when I said i'd get slaughtered. .

Scalping isn't my style because I'm lazy but if you want to make money you can do without a doubt.

Regards

LT

Surely if you could do that constantly you'd be rich beyond my wildest dreams?

For me, yours, and magellans scalping trade volume equates to "hyper" scalping.

Scalping for me, is anything like 10+ or so trades in a 4 hour trading session.

It's not the money, it's loving what you do. Find and then stick to what you're most comfortable with. The money will take care of itself. I only position trade now because that's what I love.

If you enjoy what you're doing and you make good money from it then keep doing it mate. "Hyperscalping" isn't for everyone.

LT

though if we could all make 5000% per month - it should be! in 23 minutes! if only conditions were perfect all the time!

But if you can make that much money in 23 minutes then surely "screw" the liking and disliking: make a killing now and retire to a beach in 12 months to recover from a wholly unsatisfactory experience?

There are easier ways to make a killing. You're probably going to get sick of me saying this but make sure you find a way of making a killing that suits your psychology. I don't like scalping, period. It's just about being totally honest with yourself and knowing what you're suited to.

LT

Good advice in my opinion. I started trading the longer timescales looking at position trading but I really didnt like it as I'm impatient at the best of times.

Now i tend to make anywhere from 1-15 trades per day held no longer than about 24-48 hours.