Not a scalper, ; but remember a manager of a daytrading derivatives company, his timely remark. I am interested in most any way to measure a trend; that short time frame manager hardy ever hints of a market top or bottom. So that made me go back on the charts again months ago, when he said ''who would buy @ these levels?????'' So while it is true many traders go to a larger time frame with more age; some do not. Some specialists are very mature. And strangely ,a very good trend doesn't require a quick entry; so that short term daytrading derivatives manager in that case helped/ fit in my plans.
Hey RT Nice Post Well i agrres to what you say Trading is such a game that it all matter on the situation to me either it is scalping 100 trade or scalping 4 to 5 trade. Even do i belive more on 4 to 5trade a day set up Let me give u an example if qqqq is up like 41.98 and i get a signal that ther eis selling coming in i would probably go for Short 3000 shares X41.98 and look to get at least 0.20 or 0.25 on a trade that like 3000shares X0.25 = $750 2 example is If i see intc trading at 25.00 and back to 24.80/90and bacl tp 25.00 but cant brake 25 then i would be scalping a couple of time for 0.10 So it is all on the situtation i guess...... Your feedback is greatly appricated