Traders Laboratory - View Single Post - Beleifs about Trading
View Single Post
  #2 (permalink)  
Old 10-20-2007, 03:58 PM
OAC's Avatar
OAC OAC is offline
OAC is trading what he sees and not what he thinks

 
Join Date: Apr 2007
Posts: 309
Thanks: 17
Thanked 23 Times in 21 Posts
Re: Beleifs about Trading

There is more than one way to skin a cat.
Why can't you make big money from scalping ? The key is really consistency.
If you can consistenly make one ES point day after day, you simply raise the number of contracts ten-fold. Before embarking on a new swinging type of strategy, I recommend you analyze every single one of your scalp trades in the past year in reference to different factor as: time of day, type of day, breakout, trending vs congestion, degree of volatility , or any other factors that you can come up with. I believe this process will benefit you greatly.
Surely mean-reversion strategies may be nice. Like anything else, it takes time to achieve a degree of mastery.

Reply With Quote