Post
Topic
Board Trading Discussion
Re: Scalping is the most controversial way to make money. My experience for 4 years
by
Ratimov
on 26/08/2021, 13:02:09 UTC
Did you have a daily income (net profit) goal?
%1 of $1,000 is $10. There is +/- %1 volitility everyday. One 10k trade a day would net you $100 a day. 2 times = $200...and so on.
What is your thought on that?

Typically, these calculations work well only on paper. In reality, it is extremely difficult to make stable capital gains every day. A trading plan is necessary and goals are good, they can save you from overtrading, but those goals should be realistic based on what you can do, not what you should do.

There are days when you get into a bad trade and are just waiting for your order to be executed. It happened to me that I sat in one deal for a week and waited for its execution. So you will not be able to earn consistently every day. Also keep in mind that the $ 10,000 that you invest in your trade still needs to be backed by additional capital in case of market drawdowns. Because trading with the entire deposit is crazy. I usually go to 2-2.5% of my assets, the remaining 40 parts of my deposit I need to average my positions in the market and reduce temporary losses when the deal went wrong.

And if you are talking about $ 10,000, then you must have another 30-40 of the same amount in order to qualify for a stable profit every day.



bla bla bla

At times like this, I regret not opening self-moderated topics. How does this shitpost relate to scalping? Do not litter my topic with a stupid flood.