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Old 06-01-2007, 07:09 PM
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walterw walterw is offline
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Re: Determine trend

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I mean that scalping is no longer a long term viable trading strategy in the current market structure. Nobody who scalps as a primary mode of market operation will remain profitable over the long term.
I do not share that opinion... scalpers have the habilty to adapt to diferent seasons of the market... if they dont have that skill, they can not bear the name scalper....

Scalping is a profession inside the market, thanks to them (us) markets have liquidity, many scalpers make very small profits on a daily basis that result in steady monthly incomes...

There is no less technical demand to be a scalper, normally scalpers are more technically oriented than other aproaches... they depend almost 100% on technicals...

It takes cold blood an a lot of autorestrictions....

You can scalp on volatility, and you can scalp on slow markets...

Something else : scalping is not for everybody, its almost a life style... you have a diet, apropiate sleep, mind control, focus, autoestime... etc etc...

GOOD Scalpers will always make money... cheers Walter.

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