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    Scalping is Fun! 3: Part 3: How Do I Rate my Trading Results?
    Scalping is Fun! 3: Part 3: How Do I Rate my Trading Results?
    Scalping is Fun! 3: Part 3: How Do I Rate my Trading Results?
    Ebook57 pages36 minutes

    Scalping is Fun! 3: Part 3: How Do I Rate my Trading Results?

    By Heikin Ashi Trader

    3.5/5

    ()

    Read preview

    About this ebook

    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.


     


     


     

    LanguageEnglish
    PublisherDAO Press
    Release dateNov 11, 2018
    Scalping is Fun! 3: Part 3: How Do I Rate my Trading Results?
    Author

    Heikin Ashi Trader

    ​Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.

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    Reviews for Scalping is Fun! 3

    3.5/5

    18 ratings2 reviews

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    • 5/5
      good book. reader will learn to this book how analyze every trades and pips they earn n lost. but after all its all about business. take the process, this week u get profit other week you get minus. money management its important. this book all about it.
    • 1/5
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    Book preview

    Scalping is Fun! 3 - Heikin Ashi Trader

    Scalping is Fun!

    Part 3: How Do I Rate my Trading Results?

    Heikin Ashi Trader

    Table of Contents

    1. The Trading Journal as a weapon

    2. 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

    3. How is Jenny doing now?

    4. Scalping is a Business

    More books by Heikin Ashi Trader

    About the Author

    Imprint

    1. The Trading Journal as a weapon

    Not many books on money management do exist, let alone for scalpers. Therefore, this book wants to close this gap and contribute to a better understanding of this particular trading style. I am convinced that precisely the money management that emphasizes the special position of the scalper in the universe of trading strategies.

    In this third part of the series, Scalping is Fun! I want to show through the learning curve of a single trader how the trading journal, and especially the statistical analysis of this data, provides the strongest argument for scalping. Scalpers, who have a large amount of trading data, do have a clear advantage. Their data are the most reliable (most extensive), when it comes to learn quickly and effectively from mistakes and to cross the threshold to profitability. From then on, the trading journal mutates into a powerful weapon with which the scalper acts on the markets. With the wealth of data in the back, he can perform with more confidence. He grows with his data. Stable results generate confidence. Out of confidence, in turn, grow stable results.

    Above all, the scalper learns to understand his own trading better. The insight that trading and scalping are probability games that he can master is growing with every single trading day. Using the example of trading results from a single scalper, I want to show how this approach can be exciting and eventually profitable. As a reader, you will experience how a beginner becomes a more self-confident trader in the course of 3 months, and how he starts to be increasingly aware of the potential of his own trading. Prepare yourself for a real financial thriller. Here we go!

    2. The first

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