«Scalping is Fun! 3» by Heikin Ashi Trader

Scalping is Fun!

Part 3: How do I rate my Trading Results?

Scalping is the fastest way to make money in the stock market. There is hardly a more effective method for increasing a trader’s capital. The Heikin Ashi Trader explains why this is so in this four-part series about scalping.

In this third book, the Heikin Ashi Trader answers the question of how the trading results of a scalper are analyzed and correctly evaluated. Based on the weekly results of a single trader, he examines what factors matter to having long-term success in the stock market. The analysis of the trading journal for 12 weeks allows an inside look at the learning curve of a budding professional.

This highly effective scalping strategy applies to short time frames, such as the 1-minute chart, as well as longer periods. You can trade, using this universal method, in equity indices and in the currency markets. Typical instruments are futures, foreign exchange, and CFDs.

Content:

The Trading Journal as a weapon

The first 12 weeks of a new Scalper

Week 1

Week 2

Week 3

Week 4

Week 5

Week 6

Week 7

Week 8

Week 9

Week 10

Week 11

Week 12

How is Jenny doing now?

Scalping is a Business

About the Author

Heikin Ashi Trader is the pen name of a trader who has more than 17 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast daytrading. Topics are: Scalping, Day trading, Swing Trading, Money— and Risk Management.