Dow Scalper: Make The Futures Trading System Your Own
Dow
Scalper Review
There have been quite a few requests for a
follow-up to my previous video using tick charts. This video is a little different and does
allow me to explain things a little better without going into too much detail
though about the DowScalper Futures
Trading System. It would not be fair
to the members so for those that have asked for more detail, sorry, it isn’t
going to happen. You are more than
welcome to become a member though, You
can simply click the the graphic on the right side of this page to go to the
main page. DowScalper...
Some keys for this futures trading video
that I hope you take away are as follows:
1.
Make any strategy you trade, your own.
Out of the box, DowScalper
does very well in the hands of those that approach trading like a professional. I highly suggest you follow this or any other
strategy exactly as the developer intended.
As you gain more experience and have spent literally hundreds of hours
looking at charts ( I personally go through charts at night even after trading
for the day) you will find things that “fit” you better. The great thing about DowScalper, is the concepts are rock solid and as long as you make
it your own within the confines of the concepts, you should be fine. DowScalper...
2.
If you start the trading day off “out of sorts”, do not rush to make a
trade. Yes, you will miss a trade that
is picture perfect (as I did today) but there is always another trade. Patience is truly a virtue when it comes to
trading. Make sure you take the time to
unwind. I personally listen to relaxing
sounds during my trading as to avoid “chatter” in my head.
3.
When an opportunity is presented that allows you a higher probability of
a bigger winner, do not be afraid to take it.
Again, that comes with experience in the market. You won’t get every inch of a the move (nor
should you try) but a nice chunk can make a good income. DowScalper...
4.
When you can logically cut risk at the start of a trade, do so. I say logically in terms of market
structure. You should know at a glance
if cutting risk is possible. I generally
use where a violation negates the current trade for a reduced stop placement.
