Scalping and Position Trading

Discussion in 'Trading' started by dispatch, Aug 27, 2006.

  1. dispatch


    I have been trading for roughly a year and half using scalping as my main method of trading. I would like to incorporate position trading into scalping, but I am not sure if it would be a successful idea.

    So my questions are as followed:
    What are the main goals and methods(tape reading, Level II) of scalping? I ask this b/c I want to be successful and make sure I am not missing or lacking in any area.

    What exactly is position trading? How do you become effective and successful?

    What are the pro's and con's combining both?

    Take it easy on me, this is my first post here. If I am not clear let me know and I will explain my questions better.

  2. I'm currently mixing these two. Check the ES Jounal and the S/R journal. That should help you some what.