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1 to 2-3 win/loss how to profit?!


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 HealthWealthTrade 
San Diego
 
Experience: Advanced
Platform: NinjaTrader, ThinkorSwim
Trading: ES S&P 500
Posts: 35 since Jan 2015
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Hi guys, my average is 1 to 2 but sometimes I go 1 to 3 win% to loss %. What are some tips and tricks i can do to become consistently profitable? My primary strategy is scalping very fast momentum in the market taking profits as quick as possible...sometimes i chase stocks up and take profit quickly....it does work some of the time but when i take a loss it slams me hard into the concrete and i practically die. haha . how do i prevent these heavy loss single trades and have more....more quantity of profitable trades? thanks guys!!


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Thanks Mike. Godspeed.
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 trendisyourfriend 
Quebec Canada
Market Wizard
 
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Be Specific About Your Symptoms.

Try to get as precise as you can about what you're feeling. If you've got a pain, is it a shooting, sharp pain or a dull ache? Does it come and go after eating? How long does it last? A few seconds? A few minutes? How long have you had it? A week? A month? A year? Does anything decrease the pain?

Also, turn subjective data into objective. If you feel feverish, for example, take your temperature for a week nightly and write down all the information.

This way when you see your doctor you can say, "I've had six headaches in one month, they weren't relieved by Tylenol, they lasted four hours, and I had nausea with them." Then give your doctor time to ask questions.


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