Saturday, November 1, 2014

Scalping

I recently listened to a recording by a successful scalper affiliated with Jaguar Trading Club.  I have no association with them but they've been on my blogroll for ages.  Anyways, here's a couple screen shots of the recording that I found inspirational/educational for what it's worth.  The trader, Kenneth, did say that results do not include commissions. Results are trading in the CL and FDAX over past year.

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6 comments:

  1. JMF3November 1, 2014 at 10:50 AM

    I find the creation of positive expectancy to be easier through win% (Ed) rather than R:R (Austin).

    ReplyDelete
  2. austinpNovember 1, 2014 at 12:18 PM

    JMF3... I'm all in favor of whatever works for anyone :)
    In my case, I booked +25 index points / +250 ticks TF in the past 5.5 sessions using initial stop of -8 ticks seeking profit exits of +30 to +60 ticks. Had there been less chop or had I been more aggressive on some exits, could have easily been double those results.
    Bottom line? Do whatever your trading account shows you that works :)

    ReplyDelete
  3. AnonymousNovember 10, 2014 at 5:42 PM

    Thank's for sharing MBA, on the site Jaguar Trading Club, on the left hand side he calls it "The Trading Secret". I have tried implementing size and fewer points into my method for years now... in practice. I'm still not a full time trader yet, but I do believe that it is easier to grab 1 point from the ES on a consistent basis than looking for home runs.

    ReplyDelete
    Replies
    1. AnonymousNovember 10, 2014 at 5:43 PM

      *Edit: On the right hand side...

      Delete
  4. JMF3February 13, 2015 at 1:38 PM

    If you are bored, here's some reading:

    https://www.bigmiketrading.com/vendors-product-reviews/22819-jaguar-trading-club-protradered-blogspot-com-7.html

    Start on about post #65

    While Ed may have been a complete fallacy, I still stand by my statement: win% has helped me achieve positive expectancy more than R:R has. However, I wish I had added that neither is "right" - like Austin said, whatever works is what matters.

    ReplyDelete
  5. AnonymousFebruary 16, 2015 at 4:49 PM

    I was bored, thanks.

    ReplyDelete

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