Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
scalping is trading for min tick. These are short term day trades.
Long 2320.50 Initial stop 2310.00
I'll stay long on this for a bit. We're at 2325.00
Hate it when I beg for more volatility and get it, but my entries take on too much risk so i have to pass on all these easy winners. Very frustrating.
Yes---I have a wide stop here, but it's actually may not be wide enough. We'll see. I don't typically like markets that move fast in my direction.
Don't like them either b/c it means the institutions aren't in control due to lack of volume. Throws my system out of whack. Took a small profit scalping and done. Gotta know when to quit and when to press
--and there is always a period of back and fill to have a second thrust or there's a slam down.
This particular move hasn't slammed down immediately, so that's good, but it doesn't mean that it won't.
exactly, don't mind the big range bars as long as they can back and fill so i can get in. but had slam downs on big risk is not my cup of tea
So far, the back and fill has not failed. We're at 2328
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