I'm seriously contemplating leaving behind scalping. On some days I'm able to turn profit, but very hard and rare. On bad days I can't contain bad behavior and lose so much more then I win on good days. The problem is that I'm little disinterested in other forms of trading, other time frames. So when I don't scalp I don't trade.
May 2.
+12 pips
May 3.
+7 pips
May 7.
+11 pips
May 8.
+10 pips
On my second trade I was slow at entry as I clicked it moved 3pips, so I got bad position. Third trade it would be better to take 3-4 pips and not wait. I was overall slow this morning in every sense.
May 9.
-26 pips
Anger level through the roof.
May 10.
+11 pips
Eur/jpy was main drive down, steady but firm, eur/usd couldn't resist down force. At least I saw it like that.
May 11.
+5 pips
May 14.
-3 pips
May 15.
+3 pips
May 16.
-48 pips
I can't stop
May 17.
-18 pips
I had profit of 8 pips and I should have stop trading at that. Let's say greed kicked in and then I traded poorly.
Afternoon session
-13 pips
Impatient, just jumping in.
May 23.
-6 pips
3 comments:
The biggest hurdle IMO is being abler to map out the main trend and counter trend. If you can do that, you scalps and swings will fare better staying on the main trend.
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