This trader made $14,000 scalping the DAX futures over the course of about an hour and a half. And to think, just yesterday someone left a comment on this blog that no big money can be made in scalping! I would say, there’s plenty of money to be made in every trading style, provided you don’t suck at it.
Because of youtube video length limits, this video is in 8 parts (you can go to the trader’s youtube page to see all eight… I’m only embedding the first part here).
Interestingly enough, I did not see one losing trade in this series of videos. I wasn’t watching very closely at some points because I was also eating and checking email… so there might have been some. Either they were all winners, or at least the vast majority were. Gotta love that.
So, is the trader good, or is the trader lucky? Well, there’s no sound, so you have to interpret the charts to see what kind of strategy is in use. The most interesting part that’s plainly obvious is the way the trader scales into trades as they run negative. It appears to be part of the plan to scale in, but I can tell they were sweating on a couple trades, because as soon as they went positive on the bigger positions they got right out. I wanted to see a trade get stopped out just once, as proof that they weren’t willing to double down indefinitely, but I didn’t see one.