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Re: Scalping
Hi All,
I used to trade full time until April 07, I had a kid and at the same time was building our house. Those two advents took away my trading account. I thought I could get back in with a smaller account in just a few weeks, but has taken longer than that, I will be trading full time again by the first of NOV.
But I used to scalp ES and Averged out 150-200$ per contract. I would keep hand drawn charts on the 30-min SPX, and had a formula for calcluating #'s
When I started taking 1 point profits instead of 5 points, that was the turning point for me and actually for the first time got in the black and became profitable and paid my bills for a year, started a house and got way over budget and had to close the account. But I still keep up with the market and keep my charts and numbers up to date and they still work very good. And am looking foward to scalping once again.
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