Quote from: exstasie on December 27, 2018, 11:59:03 PM

Quote from: QuadsPoker on December 21, 2018, 04:00:00 PM

I jump in and out 50-100 times a day with 1-5% of my entire balance per trade. By trading so much volume you can significantly decrease possible losses and can make it possible to close 90-95% of your trading days profitable.
So if people are telling 1% average daily profits is impossible, I tell they are wrong, it is possible.

I have respect for the art of scalping, but it takes a certain kind of trader and requires significantly more effort than simple swing trading and trend riding. It captures lots of small wins, but you often miss out on major moves by exiting way too early.

I prefer to build a core position in the direction of the current trend, then trade around that core position with smaller trades. That way, I never lose exposure to the larger move. I probably only trade 1-3 times a week though, using the 1H or higher time frame charts.

Swing trader or scalper do have advantages and disadvantages when it comes on scoping possible profits either on small on gradual base or bigger ones on sooner scenarios.
As a trader we do really like to strive to minimize losses as possible but we know its an inevitable thing but somehow a manageable thing to be done if you do know on what you are doing. Lots of trials
and errors do really needed for you to get familiarize with the market and create your own profitable trading ways.