Scalping

[ruthlessimon]

I find massive moves are some of the easiest to scalp, I often do it alongside an open swing trade, but if I miss the move then scalping it can still be a godd way of getting something from it.
It's the volatile whipsawing markets that are most dangerous and will often costly

You stole the words right out my mouth

I'm convinced algos love taking breakouts for only a couple of ticks. & also the pullbacks during the swing can be super stable for a few seconds (with super fillrates), & you've got a clear stop loss should it go wrong

[ruthlessimon]

Rumours of the death of scalping yet to be confirmed.

That's ebook material Shaun! You should know better!!

"All you need to trade is three methods."

1. Scalping. Use scalping on super stable markets (i.e. this one - show perfect chart)
2. Trend swinging. Use a trend technique on these markets (i.e. this one - show perfect chart)
3. Reversal swinging. Use a reversal technique on these markets (show perfect chart).

..

Then when the students come to you telling you it doesn't work. Blame their psychology - & sell it to them as an extra seminar . Because it does work! All those three "strategies" are legitimate, in the right circumstances. And that is the paradox because knowing when to switch regimes accurately is nearly insurmountable!

[ShaunWhite]

Rumours of the death of scalping yet to be confirmed.

That's ebook material Shaun! You should know better!!

"All you need to trade is three methods."

1. Scalping. Use scalping on super stable markets (i.e. this one - show perfect chart)
2. Trend swinging. Use a trend technique on these markets (i.e. this one - show perfect chart)
3. Reversal swinging. Use a reversal technique on these markets (show perfect chart).

Just two methods in the ebook.
1. Buy low, sell high.
2. Sell high, buy low.

Comes with a free blindfold and a pin.

[ruthlessimon]

Just two methods in the ebook.

For you Shaun a discount

[ShaunWhite]

Just two methods in the ebook.

For you Shaun a discount

Great stuff Si. That's all I need to be a millionaire trader.

[Derek27]

The last 2 minutes for me.

I like it when the big boys come to the party as you can get some massive moves.

The key is knowing when the moves have been exhausted and you can ride the reversals.

You can't scalp massive moves, you can only swing-trade them.

I find massive moves are some of the easiest to scalp, I often do it alongside an open swing trade, but if I miss the move then scalping it can still be a godd way of getting something from it.
It's the volatile whipsawing markets that are most dangerous and will often costly

That's not really scalping the move but scalping after the move.

[ruthlessimon]

That's not really scalping the move but scalping after the move.

Not necessarily, but doing it with the trend requires lightning fingers, but as soon as the offer dries (massive 1tick WOM difference) someone could dump £500 into 2.26 with a 1 tick offset

[Derek27]

I think I tried that in my early days of trading with disastrous results - the loss when the price reverses outweighing all the one tick profits. I know some people may have mastered it but it's not something I'd want to go back to.

[BetScalper]

Just get in front or behind the mad bomber.