Hi everybody! I am done trading today, so I though I would do my part to combat the ratio of crap to useful info on here. I'm hoping this thread can be a place to share ideas with other scalpers. Disclaimers: I don't clame to be an expert, but I am making money trading this way, and am gradually shifting my time to make this my primary income. You might lose your shirt if you follow my advice blah blah blah 1. What stocks to scalp? I prefer high volume 10 mil shares a day + stocks that move a lot, to minimize slippage and commission cost. Examples: AAPL POT are obvious ones, and then constantly scanning for stocks that are hot and moving a ton right now IE today WFT DUG were on my radar. 2. Setup, 5 minute charts of the indexes. Gotta know what the market is doing. 3. Individual stocks, i like to have a 15, 5, 1 minute chart running. 5 sec chart for entry. 15 minute chart is used to identify if there is a big trend or not. If there is a big trend only trade in that direction. 5 and 1 minute charts are used to find trade ideas. I base most of my trades on candlesticks. I look for tails to show up in an area where i expect support or resistance. Hammers are cool. I also look to fade moves on the 1 min when the rsi is +70/-30, provided there is no strong trend in action. Entry: I use rsi on the 5 sec chart a lot to find entry. I like it to be over 70 for shorting and under 30 for buying. The big exception to this is in a really fast trend, then I just look for a pullback to 50. Basically I want to see price failing to continue, and then try and passively enter to capture a rebate and minimize trading cost. Examples to come, that will hopefully make all this simple.