Scalping Practices using two minutes chart with 100K USD Virtual Money December 2024 update.

 December 2024 - update (from 100KUSD to 800KUSD profits)

What is the preferred amount for Swing Trade and allow room for learning from mistakes?

 

 

In my opinion, a good enough amount of startup capital is good for learning
how to trade along the way, allow one to make some mistakes and learn from it.

Too small an account is easily wipe out in one or two trades and may not give a 

trader the sufficient amount of time to learn from trials and errors to discover 

own trading behavior and habits.

 

If you just started to trade and started to make some profits as a Novice,
you are being lucky in the bull market phase.

 

A trader will be challenged during the bear market phase and if you can still

can stay profitable and calm. Different market condition requires different trading 

strategy has to change to tailor to the market condition.

 

Learning how to add more lots along an uptrending stage 2, will definitely allow
you to reap most profits for a stock, crypto & etc.

 

e.g. of below trade taken in the past.

 

 

 

 

 

 

 

 

 

 

 

 

Trend Trading Strategy that has enabled me to continue to milk the trend until it bents.

 

This simple strategy has enabled me to continue to milk the trend until it bents.

Scalping Practices using two minutes chart with 100K USD Virtual Money

 

 

 

Trying out on scalping trades using the same method used in successful swing trading for profits.

Using 2 minutes chart with Tradingview software to test on the high probability entry at turning points.

Practices make perfect. 

Using Simple Moving Averages to trade the way to Profits #2

 

Using Simple Moving Averages to trade the way to Profits #1