Scalping strategies reddit
Scalping strategies reddit. A community to discuss Affiliate marketing (AM,) paid traffic, SEO, email marketing, and more - has now been disabled indefinitely in solidarity with the current Reddit blackout to protest the new rules and regulations by Reddit CEO /spez. Edit: id like to add that a 50% win rate is quite low for a scalping strategy… it should be up around 70-90%, at least in small cap nasdaqs, i dont know about futures. In fact, I prefer profit factor of at least 3. Unlike other trading styles, where positions are held for more extended periods, scalpers aim to capitalize on short-term price fluctuations. works quite well really, until the market absolutely tanks. Scalping looks very good for the Crypto market at the moment and I would just be taking really small price movements to make gains as often as possible using Webull. What do you have to know before starting scalping strategies Reddit? The scalping requires the trader has an iron discipline, but also very demanding as far as time is concerned. The ES is one of the most popular trading vehicles in the world, so scalping it is also common. All I need is $. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. ended up with a 2k loss on a 1 contract trade (on my sim account lol). Candlestick patterns Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. 1. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. Although long-term times and smaller sizes allow investors to move away from their platforms, given that there are few possible entries and can be controlled remotely However, after testing the concept on a demo account for a month, I moved the strategy to a live account. When talking about scalping, the strategies are mostly applied to 1-Minute charts of the instruments. Hi, I wanted to ask what scalping strategies do you use. com Jun 13, 2024 · Scalping is a term used in day trading for a strategy to prioritize making high volumes off small profits. That is just one example, where I've had the best results. Fun to be very active in the market. See full list on tradingsim. What timeframes are you scalping on and what timeframe are you getting your key levels from? I do a top down analysis and mark relevant key levels starting from the daily, 4hr and 1hr. There's no by-the-book strategy, and what do you mean your entries are good but your exits bad, I mean, given sufficient time any random entry can become good or bad, always depends precisely on when to exit, which is of course, the hardest part. Scalping requires large size, small moves and quick profits. My key levels are very good I just have too many strategies and can’t settle on one. With 1,000 share positions, for example, each trade has the potential of earning the trader $50-100. Where are you guys entering your trades and what are you looking for? this strategy is slick. Keep Refine It And You Will Find Your Edge In The Market. I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). Would love to find a reasonable way to avoid that. A typical scalp trader will focus on gaining 5 to 10 cents per trade. Here's a better question: is scalping in any form a reliable strategy? Yes, there are plenty of people who do it. I am a couple weeks in using this strategy and becoming increasingly profitable. Scalping doesn't mean take a huge position that will eat your account alive. Opening range breakout or high of day break is what I usually play. I'm trying to use news for scalping rn, but I'm not really sure if its even a strategy that someone uses. I would not ever consider a strategy that returned less than this. Don't follow some random YouTube videos on scalping they are pretty much all garbage. The best way to scalp is to use the higher time frame for analysis, take position sizes that will not cripple your account, following your strategy and stop loss and take profit placement. I'm trying to find some profitable scalping strategies on 1-minute and 5-minute time chart. But The Truth is Only You Know The In And Out Of Your Strategies. Even the big boys understand the market is not predictable beyond 5 minutes. You gotta find a method that suits your personality, it sounds like you’re more of a longer hold type of trader so use those strategies for yourself instead. 5 days with zero losses and practically no drawdown. com, a trading forum run by professional traders. Is it easy? That depends entirely on you and how you manage risk. Personally, I prefer the NQ for the volatility. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. I am back testing scalping Crypto strategies at the moment, but they look promising. I look for opening range breaks, high-of-day breaks, flags, and modified version of live traders buy set up where I only look to take it for a quick scalp. I feel the same way. Otherwise, good strategy. Aug 2, 2023 · Scalping trading is a popular and dynamic trading strategy in the financial markets. . You need to understand trading as a whole. At least 2 times a day there will be a broad squeeze available for scalping timeframe players to participate in (intense move with strong deltas and without pullbacks). Scalping Trading Strategies. 0 when considering a strategy. Trading the right Stock is 50% of the strategy. I would suggest books from respectable traders and not some wannabee traders who rehash same old strategies that you can find within 1 min with a google search. What I have found to work for me, is a very aggressive scalping strategy where I rarely hold my trades for more than a minute or two. Using bespoke indicators on Ctrader, I succeeded at reaching 30% return on the account in 3. I dont scalp much so thats all i can know Welcome to FXGears. Youtube channel The Secret Mindset helped me understand in his latest video why I can’t employ the same strategy from option scalping with ES futures. I’ve had pretty good success with mean reversion trading SPY/SPX scalping options but employing the same strategies with /ES I keep getting bent over. I've worked myself up to a $10k position on each trade. Sizing those up and executing these perfectly is the main focus. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. Scalping is quick profit. Welcome to FXGears. This tells me how much of my bank the strategy can potentially lose. 50c and I set my stop at that level that way I lock in my daily goal. Dude, just gotta get the hang of it, feeling it. Ill definitely check back in, in 3months regardless of obvious sarcasm. r/scalping: The home for discussion of stock and futures scalping. For scalping you dont use trailing stops at all. For about a year now I have been trying to find a scalping strategy (1 minute or 5 minute) that has a high win rate and at the same time also provides at least 2-3 trading opportunities in a forex major pair every day. Scalping requires a trader to have a strict exit strategy because one large loss could Apr 10, 2024 · Scalping is a short-term trading strategy that seeks to profit from small price movements in stocks throughout the day. Look up for example "round number scalping strategy" its easy basically when prize is getting close to some round number like 100 there usually is quick prize move and you can capitalize on it. It involves making rapid trades with the intention of profiting from small price movements. Though there might be some strategy examples when higher timeframes may be used to define a trend. I also consider the max draw down of the strategy. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. This indicates a tight stop relative to the potential profit. Scalpers may be high-frequency traders who enter and exit several Scalp trading is a fast-paced day trading strategy that involves quickly buying and selling shares of highly liquid securities in order to profit from small fluctuations in price. otsvxf ykngks hsdtfdn vhwtfy epfppb ahhqs eajqhwj fkolqb xse xozfn |