Nov P/L Sharing #2 - Confessions of a Scalping Trader

Of late the market has been more volatile with the coincidence of the US Presidential election, FOMC meeting, the US and SG earnings season.

For Scalping traders like me who work with zero capital, we have to land and close with winning positions by the end of the day. Hence we need to prioritise exit above gains. If you see the chart above, my troubles would have been compounded if the position was not closed when trading stop for the day (as the price dropped significantly the next day! )