regarding your 2-4 tick scalp trades, 1) for how long you have been doing them? 2) do you have backtested history for such kinds of trades for a long time period? if yes, how far back have you tested these kinds of trades. Reason I ask is because I have tried to construct such 4 tick profit strategies, and they work exceedingly well (go up in a straight line and will have 20 consecutive wins) but then say 1.5yrs ago, there will be periods when there will be 3-4 big losses and in 1 month, I will lose 3-4 months of PL. So, now I try to construct strategies with a win:loss of at least 0.5:1.
one illustration of a 4 tick strategy in 2012. couple big losses but still nicely profitable for the whole year
same 4 tick profit target strategy for 2010, 2011 and 2012. What a smooth and nice performance in 2010 and again in 2012, but 2011 screwed it like anything. Admittedly your strategy could be way better than what I have been able to gobble up together. But I have only find those kinds of strategies consistent across time period, where profit target is generally a multiple of stop loss. or at least the ratio of Profit/Stop > 0.5. Glad to hear your views.