I used to think that scalping is like jumping on and off the bandwagon while it is moving. How long do you usually hold a position? I have done some simulated trades, many of which last close to an hour. Even if they never trigger my stop, I have to sit and wait for the momentum to pick up. For example, today at 1:59, I bought WFC @ 23.93. The stock bounced around before finally moving up. I sold at 2:37 @ 24.29. Am I doing it correctly or was my bandwagon picture inaccurate? Or did I just get lucky?