I feel there are a lot of misunderstandings about scalping. One of the key element of effective scalping is really about lowering risk by...
Ensign is a toy by your standard. Remember, trading skills are much more important than softwares. Softwares are only tools. As long as they suit...
Since there are so many products available on the market, you have to do some investigation to determine which one best suites your needs. I'm...
Another advantage for scalping: Scalping can work at any market conditions, up, down, sideway... there are slow but no garbage days for a good...
Interesting statement. I'm experiencing the other way. Indicators + price action > price action only. The math works in this way if the...
AustinP, well said !!! One more addition: Skilled and experienced traders can also trade in antipication as well as confirmation.
Indicators can lag. Indicators can lead also. It all boils down how to use them.
I have two accounts at IB(one Universal account, one IRA account). I want to have NinjaTrader to manage both of the accounts. I know I can...
austinp, I respect your comment and advice. But I disagree with your comment on overtrading. 20-40 trades a day with positive outcome is...
gurucandidate, Apparently we are scalpers of different types. Your core strategy (in ER2 and CL) is to fade the move. I'm scalping in a...
My past experience is that I will give back too much to the market if using trailing stop. I usually exit when I see the first sign of adverse...
Profit target is an important and difficult issue for traders. I know this topic has been discussed a lot at ET. The reason I bring this topic...
I'm a new user of NinjaTrader 6.0. I'm using IB for data feed. I'm experiencing some problem with the tick chart. Whenever I close the software...
kiwi_trader, I've studied some charts on HSI during the last couple of days. I've some observations and some questions for you. 1) The gap...
In US, there are many economic reports released regularly. These reports often have tremendous impact in the stock market. Stock index future day...
Thanks for your kind reply. I checked the set-up as you suggested. I found the reason for the problems - I used June 07 contract instead of May 07...
Hi there, I'm living in the west coast of US. I'm interested in day trading Hang Seng future (HSI) in the evening. I've tested trading HSI on...
If the drawdown factor is considered, it is unlikely any other trading style can beat day trading/scalping. I've not found good information about...
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