I speak as a daytrader and scalper:
-no more entry prior to an upcoming signal! I mean entering a trade because “it looks the lines will intersect next seconds so i go now in to get a better price”-in 70% of the cases they did not intersect and the trade was gone…
-Canceled the account with market maker and went to ECN account without manipulating my closing prices and spreads
-as i had the time, i played the game "i am a full time trader from 0800 untill 1700hrs.So i was not under time pressure as many are who say “okay, i have two hours free for trading, i must get the best out of it” (by the way-i think that is the main reason why so many private parttime traders fail in the official statistics)
-i cut the number of trades and took only “the best of the best”-from them i worked out the signals and just use these signals.
-as i traded and trained full time trading, i learned, that there are some times up to 3 hours when no trade ocurs (i mean no “sure trade”)-in former times i became nervous after one hour no trade opportunity and said to myself-"fu…, now i must get in somewhere to make some bucks!"
You can fancy the results of such trades…
-no more “gamble trades” just for fun
and at last an old trader proverb a little bit modified:
“10 pips a day, and in may i am away!”