how can traders scalp for profits of 2 ticks?

Discussion in 'Trading' started by trend2009, Mar 19, 2009.

  1. in emini ES trading, some traders use market depth to scalp for 2 tick profits. I wonder how that is possible when the trader has to pay 1 tick spread?
  2. spinn


    It is impossible for 99.6% of traders....good luck trying to be in that 0.004 of people that can make it work.
  3. Don't scalp for 2 tick profits.
  4. Mr J

    Mr J

    Scalping out a profit of 2 ticks is different that aiming to do so. I imagine 2 tick profits are simply trades that didn't work out, but just moved enough to allow the trader to lock in a little.
  5. When you provide liquidity (buy at bid, sell at ask) you dont pay the spread. I have no clue how they do it but I guess a relly good tape reader can.
  6. I run 2 contracts in the es and my bracket system sells my first contract at +2 ticks. Your right it is just enough profit to see if a trade works out. My goal on my entry is to allow my first target to be hit.

    If your scalping, your always putting yourself at risk to he market for a full stop out. IDK what your stop would be on that but it's not the way I'd trade.
  7. lundy


    Several reasons why I take 2 ticks.

    My trailing stop got hit..

    My reason for getting in has changed, I no longer like the price action.

    I am trading off of a directional signal, but I can sense there will be a few minutes of chop... In this case, I exit at top of range and buy at lower range, can be 2-3 ticks. Do this 4-5 times in a minute, and u make ur position basis better, then u stop and wait for the breakout. Do it all the time...

    The real question is, if entering for a 2 tick profit, what is your stop?