MasterofScalping

Sharing valuable secret in scalping; daytrading • 50 Stocks on Watch list (Add/remove 2-3 daily) • Select every day 5 hottest in the end of Watch list watch closely. • Still watching 50 Stocks for any movement (gap up or down) but timeframe is less in-tensive • Concentrate on dips/breakouts • Buy when level2 bids coming in / ask getting thinner • Combined with 1 day intraday 1min chart • You only need 1-2 Monitors/Lap Top; 1 Smartphone always ready to sell/buy fast with-in seconds (once I buy I have sell order ready within 1-2 seconds) • I sold my 6 Monitors; I took stress out of my trading life • You can’t watch 6 Monitors. You better watch your 50 stock list on the smartphone; you don’t need to move your head always. Once it’s clear for the day focus only on 1 or 2 stocks daytrading. Mostly only trading one good one is the best to get your daily profit of $500 to $1000 • I trade lying on my couch watching TV sometimes and drinking Coffee; I am so re-laxed = that is the key • You always watch with one eye. • Less stress is the key combined with experience • No more sitting; on a chair my body getting tired of sitting, reaction time will get slower • Once you lay on a couch it is not first priority to enter a trade • I wait for the setups they come to you every day • The days i used a mouse are gone; my smartphone i use everywhere I am trained to make money everywhere • Use your same tactic every day. • Very important Cash 100% overnight; I am a scalper, daytrader. Since 4 years in the plus, every year just 4 loosing months versus 44 months in the plus. Using strictly this strategy makes you sleep good while not holding stocks overnight. Be ready the next day! Best regards,

MasterofScalping
MasterofScalping Aug 16, 1:27 AM

lol i trade 177k shares of amrn and 300k of snap shares lol. for a flat day... als flat days can be counted as good. Keep your money. Was a difficult day. Up 5.7k in August; 9 green 3 red day. Write it down start every month new. More than $500 profit a day i send back home. Using every day same amount for trading. Take profits away. Gives you a good feeling and preserving you from not going in with too much.

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MasterofScalping

RIOT and GBTC migt going nuts here....GBTC over 5.00 could go huge...Bitcoin sector heating up...i saw Litecoin on March 4 at 46 could buy its complicated now at 57...fuckt bitcoinmania...better buy related stock..opened account extra for bitcoins stocks ..cant miss thi opp.

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MasterofScalping
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MasterofScalping Dec 22, 18 3:24 AM

they key with margin is that you need 25k but when you have 30k or 20k that is not enough for daytrading good overr the long run...so i trade with 50k all the time since 3 years...with margin i can trade scalp for seconds with 100k or 120k or so...so daily goal is to send me to profit that is above 500 i withdraw from my trading account to my saving account that is not at ameritrade. For example i start always with 49800.- (its purpose that it is not 50k) so when i reach over 50300.- or more

MasterofScalping
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MasterofScalping Dec 22, 18 3:31 AM

i get my daily weekly salary....if am below...right now i fell to 43k i must climbe up again to over 49800.- to get some more profit...but like this your 200k profit is protected.....mentally a big advantage as i made every year now 120k with 50k ..just with $100 - $200 - $300 scalping profit...small profit adds up

MasterofScalping
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MasterofScalping Dec 22, 18 3:39 AM

trading small caps $1 - $15 share price...50k is way enough as you can move those stocks even with 20k buys sometimes..or so

CalinPaunescu
1
CalinPaunescu Jan 04, 1:46 PM

Nice. Thank you for the info. Have a great new year !

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Received 4 Karmas
MasterofScalping
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MasterofScalping Nov 24, 18 1:21 AM

for new stocks i use www.finviz.com and charts only www.stockcharts.com you dont need more stocks only go up or down ..50% chance to see where it moves intraday...great or...better than loosing it all in a casino where mostly the bank wins..lol ..cant wait till monday yes

MasterofScalping
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MasterofScalping Nov 29, 18 2:01 AM

Wow 2 Karmas .. i thinks its easier to make money than to get karmas...lol

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CTCC0325
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CTCC0325 Nov 23, 18 8:16 AM

Keep digging, keep learning. Don’t set time limits for things like recovering losses, you will force yourself into trades. This takes time. You need to have realistic expectations. Don’t give up!

MasterofScalping
MasterofScalping Nov 24, 18 1:17 AM

it takes time and more money to make money...but still it will be a long journey for many traders.. ..i just wrote a blog about scalping...but that is more for advanced traders that already make money but maybe not constantly

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DominicanWolf
DominicanWolf Apr 14, 11:50 AM

Awesome post! It is inspiring me to keep learning the market and pursue my dream of being a full time trader! Thank you Mason

MikeyMoe
MikeyMoe May 19, 7:43 AM

Lots of good nuggs of wisdom here. I'm almost 2 months into the challenge now and glad to come across a post like this. It's refreshing to see some long bias, everywhere I turn it seems that people want to drop the hammer on stocks-ha! I can see where you are coming from with understanding the mindset of a short seller to help with long setups--Spikeability and Short Stocking have given me some perspective on this, as well as SEC filings and the book the art of short selling by kathryn staley se

wildwes
wildwes Sep 09, 7:51 PM

awesome post @mason_fecht! I've been focusing lately on avoiding getting shaken out of my trades and am having much more success!

Drogomirdrogon
Drogomirdrogon Sep 09, 11:46 PM

wow man, very inspiring! thanks for taking the time to share this with us. i've been a trading challenge student for a under a year now but i've only been trading for about 4 months. When i get discouraged its post like this that perk me back up and keep me focused. Thanks.

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