why scalping my way?
I am not saying it is the right way but isn't the wrong way either ... just another way of trading
Strategy - Plan - Psychology - Money Management are my best "tools"
Select the right stock
Buy-enter the stock at the right time
Limit your losses (the winners take care themselves)
Known when to realizes profit (take profit while is there, set out the Target)
Limit your losses...
I am basically a swing trader and have long term holds as well. When the opportunity presents itself I will play some of the same stocks in my long position. In this choppy market I also buy in tiers to get the best price. My hold time on a swing trade lately has been from a couple days to a week or so.
My most profitable swing trades this year have been: ELP, BBD, WPX, MBT, and MPEL...