Looking at the past week, i haven't seen anything like it. Seems like they are pretty liquid actually, I'd trade them. Sure there are gaps on the open. But most day-traders do not hold positions overnight. So it is irrelevant. It is a risk we all take though. We have to deal with it, if we don't, we will fail if we can't accept it.
Good - now tell me why scalping is assumed to be a low-volatility strategy then? Or will you cede that it is just a mechanism put in place by trading firms to keep the BP low and the commissions high for young traders to stupid to realize what they are doing?
Good luck - trying hitting out of AHC when anything 2000+ comes onto the offer. Better hurry though, they are about to do a 3/1 split.
Low-volatility strategy? I don't know, I don't scalp low-volatility stocks, someone else would have to take that one again.
Low volatility meaning that consistency of returns - scalping day in and day out. My argument is that it can't work. To be clear - I take short-term directional positions, but I never get into something unless I have a directional bias. I'm defining a scalper as one who has no directional bias aside from maybe some order flow used as safety.
I don't even know how to use order-flow to my advantage. I use support and resistance to determine a bias as to where the prices might go. Maybe I'm not in this category of scalping then. In that case, I'm shutting up I missed a lot of good moves on AAPL chatting it up
Hey Ripley, how's the trading going, haven't talked to you for awhile. And yeah, 60% of your losses from commissions, that is where commissions will not allow you to be successful no matter how good at scalping you are.