To achieve consistent winning day and swing trades, one must trade like a professional trader. Now, to trade like a pro, one must adopt the mindset of a professional trader. Obviously, one would not be able to adopt the mindset of a professional day and swing trader if one does not learn how to do it.
It is up to you if you want to continue trading like a rat or crab.
Fibonacci Pattern Trader Is Live Scalping Dow Jones Index A challenging scalping day trading Dow Jones Index session that is full of drama has ended well. Af...
Fibonacci Pattern Trader Is Live Scalping Dow Jones Index
A challenging scalping day trading Dow Jones Index session that is full of drama has ended well.
After two subsequent losing scalping trades, the Fibonacci pattern trader recomposed himself, and turned a losing scalping trading session into a profitable one.
Surely, it was not easy but he held on to his plan.
Obviously his scalping trading strategy was to grab fast profit at a convergent point. Clearly, the odds were against the Fibonacci scalper because he was scalping during the gap period. That was not the best time for scalping day trading. He knew it, but he wanted to control the risks.
One question remains: could he have avoided the first losing trade
if he used his normal thirty pips stop loss for the Dow Jones Index
(DJI). All in all, it all ended well with a nice profit.
Certainly, he will be back soon scalping Dow Jones
without fear because he loves to scalp trade the Dow
stocks index.
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