Daytrading equities throughout the internet stock and tech stock boom, with good tools, my advantage was huge. We had 10 to 1 margin, option hedges allowing lawful shorting on down ticks, and speedy execution systems. During volatile months over the course of a calendar year, it was quite common for even the weakest traders in our workplace to do 50 percent to 80% on the equity per month scalping.
I just completed reading 's trading diary here on our site, check it out. 4% Each Day Forever.
Lots of people posted that 4% a day ordinary is an impossible fantasy, perhaps rightly so.
With Forex being the way it's currently, considering current volatility, leverage, etc., what's possible for a good trader scalping intraday?
When does the vote at 4% = impossible swing to ?? % = possible for a good experienced trader after their commerce egy with proper risk management?
This thread inspired by traders and forum members that have contributed a lot already. Acumen, Turveyd, TheFool, , , , and so many more. I've learned something from all of their writings and experiences. Though my first objective is to be profitable, I expect over time to show definitively that 1min TF Scalping could be profitable. As Fx-Petra once stated -
10,000 trades @ 52% gain rate wouldn't be significant enoungh, from a mathmatical standpoint, to draw any conclusions. Yet, from a practical view point, if I were able to verify a system which might be a winner later 10,000 trades (or trials) I would start to get excited! .