Hi fellas, Anyone care to share some tips or techniques on scalping? I've just started doing this and would love to learn from some of the more experienced traders. Right now, i am still in the training period. but most of my training is basically done by trading in the simulation on my own, utilizing the NYSE Specialist Limit Order OpenBook, and the box that shows all the trades and executions. Being that yesterday was only my second day, so i have not picked up too much on how to notice trends, and when to exactly know when i should buy or sell. However, one thing i did learned was that a lot of times, the orders right before the last print will have an ask price about 1 cent higher than the last print price, ... so normally when i spot this, i will jump right in following that last print price and sell my stock short and try to catch the wave for a few cents. (is this the right idea?) =D And how do you know exactly when to go the opposite way and start buying back the shares? when the conditions are the opposite... for example, when the orders of bid prices are 10 cents lower than the last print price? If anyone have any more tips or techniques on scalping I would love to hear about them and learn how exactly they're done. By the way, does anyone know of any good books or web sites on this particular trading method? And how is this scalping strategy compared to swing trade, tech analysis and chart studies?