is there a forum aimed at scalpng rather than "one stop shop"?

Discussion in 'Trading' started by mute9003, May 22, 2024.

  1. I think scalping entails very tight protective stops, by definition. So by holding into a loss, you are exiting scalping mode. The way a bad trade becomes an "investment" is the way a bad scalp becomes a day trade. Just my opinion, of course.
     
    Last edited: May 27, 2024
    #71     May 27, 2024
  2. SunTrader

    SunTrader

    (Futures) Scalping is jumping in and out all day long, because you can never know in advance when a scalp might be there. And the point of scalping is to make money when it is available, not when you feel like it or hit a "goal". Market doesn't care about someone's goal. Why should you.

    Based on plain old PA & stuff like order book, VWAP (sure), HOD/LOD, Value and Volume Profiles etc.

    But the need to know about options is only if one is scalping ... options.
     
    Last edited: May 27, 2024
    #72     May 27, 2024
  3. Handle123

    Handle123

    I have few systems automated from 1 tick to one minute, one method can produce multiple signals per minute but had to cut back.

    But, have developed scalping method that works on 5 minute bars, I look for patterns that most can't see.

    Instead of trading all day, have a doable goal like net $100, then do size. You can always do two shifts when London opens, make $100 per one lot then when New York opens. Doing 2 shifts, get up to ten lots of ES is a sweet $2 grand a day. Continual getting size up.
    Why burn out trading all day.
    Am 67 and not 300yo. LOL yea, am old but can still work long hours when I want and ENJOY.
     
    #73     May 27, 2024
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  4. Real Money

    Real Money

    Just looking at mega cap model volatility (inverse), it was definitely relevant last week. Looks more like ES is trading around the vol moves and not the other way around.

    Vols - Copy.png
     
    #74     May 27, 2024
  5. SunTrader

    SunTrader

    Intra-day trading, not scalp trading.
     
    #75     May 27, 2024
  6. poopy

    poopy

    This thread is like flies to sht.

    Anyone successful doesn't need your chat. It will act as a classifier and weed out the competent. It's a shame that you can't be serviced to your satisfaction. How entitled.

    Here's how it plays out... you'll attract ppl like SML and other abject terrors who are literally allergic to money -> you'll start some r/t channel and you'll all go bust before you get billed for the second month of Discord Turbo.
     
    #76     May 27, 2024
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  7. upload_2024-5-27_19-32-15.jpeg
     
    #77     May 27, 2024
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  8. Hello Handle123,

    Good comment.:)
     
    #78     May 27, 2024
  9. tomi01

    tomi01

    Sorry this is a little off topic but if there was a thread or forum pertinent to scalpers it should be the most important subject right now.

    The SEC just increased selling fees almost 4.5 times larger than they were and this happened May 23, last week. What a blow this is going to be (even if it is hopefully short term and will be recinded, but I don't count on that..

    How can those using algos or hft even continue to operate? Maybe the hfts that operate at the institutions are able to find a means to overcome this expense or maybe they are able to avoid it? I don't know..

    But what this has done to those of us who scalp means we need to adjust our way of taking trades and holding.
     
    #79     May 28, 2024
    MarkBrown likes this.
  10. futurio is the best forum for this thread.
    futurio is the best forum for this item
     
    #80     May 28, 2024