you dont wrap your mind around it. you convert the shares from euro into dollars and then put on your pair. this is basic stuff try google i would scalp amd vs intel or hold it to collect the intel dividend while letting the pair work itself out. sell amd buy intel
Scalp is buy/sell buy/sell buy/sell. Not buy one sell another and ......... wait. And wait. And wait.
duh. if you read and pay attention i said if you wanted to capture the dividend you would hold it longer term. however thats over an 8% move in 1 day and highly scalpable once u know what you are doing but its obvious instead of just saying oh thank you and thats a good point or thanks for sharing some knowledge you took the other route like a typical non trading fucktard. have a good day lastly scalping is either time based or % based and both of those would be short or small frames. it is blatently obvious you are clueless
Thanks for insight. Is there a calendar for Fed days? Or just listen to news? So DOM (book order depth) is the best tool for you? For NQ what is the *minimum and what is the maximum (average) amount of money that one should play with for each trade? (Based on what you see; I understand this can be drastic from person to person). Thanks again,
This is a free economic calendar: https://us.econoday.com/byweek.asp?cust=us The DOM is the best tool to see how "nervous and fast" is the NQ. Regarding the minimum or average amount of cash you should have in your account to be able to scalp or trade the NQ: That should be the result of your risk management calculation + margin requirement. I honestly don't think I can help with that as it depends of your past results, win rate, max drawdown that you can live with, etc. Paper trading first with 1 contract for $10,000 or $100,000 could help you see how much in percentage, your account moves both ways, and at the end how much money you need. Trade by trade? Let's say day trade margin $1,000 + my "max authorized daily loos" of $500 =$1,500. BUT, I believe it is unwise to thing of trading "trade by trade" especially regarding risk management and long term survival.
Thanks a bunch for the calendar. By amounts, I meant there are certain equities that really have maximum and minimum trade efficiencies (more of minimum). If traded less or more than those amounts one has to work really hard to make a penny or would be risking just too much so was wondering if there is a sweet spot minimum-maximum range that a day trader should watch for in case of NQ. Maybe something less than $1000 is not a good game to play for day trading for NQ?!
Then there is always MNQ micro Naz contract. Start there then move up. And don't listen to the naysayers bitching about commission should be smaller wonk wonk. It's never them . It's always someone or something else why they are not profitable.
Scalping is definitely a risky approach to trading. Not all can be successful traders, needs good skills and focus.