Wait, is this actually how people scalp?

Discussion in 'Trading' started by 1a2b3cppp, Jul 17, 2018.

  1. Which things make that better than a normal DOM? The volume levels?
     
    #91     Jul 20, 2018
  2. It is a normal DOM. For a basic point and click scalper, Sierra Chart will do the same job. In fact, for my needs I prefer the Sierra DOM over the TT DOM.
     
    #92     Jul 20, 2018

  3. How do they trade at night? I'm in PST and the normal stock market goes really early. Something that flows at like 3pm here would be awesome.
     
    #93     Jul 20, 2018
  4. Can you get totals for the orders on the bid side and totals for the orders on the ask side? TT does not have that.

    ES

     
    #94     Jul 20, 2018
  5. Infinity does not have that, but SierraChart does for the charts but not on the DOM. Well, real SierraChart might, right now I'm using Infinity's version which is dumb and has all the awesome functions removed.
     
    #95     Jul 20, 2018
  6. I am in Europe, so it is not night for me when I trade Eurex :) Eurex is trading from 8am till 10pm Frankfurt time.

    If you need something very nice and liquid for later in the day/ night in your timezone, you might try the Nikkei futures. The mini Nikkei future is very similar to the ES, good to trade.

    Or you could just trade the last hour in the ES and NQ, usually there is some good action before the cash market is closing.
     
    #96     Jul 21, 2018
    Sprout likes this.
  7. Sprout

    Sprout

    If you want to make some quick headway, the Jigsaw Trading videos are pretty good and the software parses what you are asking about.
     
    #97     Jul 21, 2018
  8. Are you referring to columns showing bids and asks in MD Trader? We have that.

     
    #98     Jul 21, 2018
  9. TY athlonmank8.

    I like this too! For even more ticks. But don't you try for more than 1-tick scalping with this method?

    But when the trend turns what happens? I guess you know it is turning by how many SL's you begin to accumulate on your extremely short term "slice" of this?

    ES

    P.S. Athlon..I was rather sad on Friday as I only made 1 tick total off of trading the DOM alone . I need DIRECTION to get confidence to widen my tight stops but I do not trade overnight.


     
    Last edited: Jul 21, 2018
    #99     Jul 21, 2018
  10. destriero

    destriero


    lol this tests as a massive loser like the author.
     
    #100     Jul 21, 2018