Scalping strategies reddit

Scalping strategies reddit. 0 when considering a strategy. That is just one example, where I've had the best results. Don't follow some random YouTube videos on scalping they are pretty much all garbage. 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. Even the big boys understand the market is not predictable beyond 5 minutes. I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). Here's a better question: is scalping in any form a reliable strategy? Yes, there are plenty of people who do it. 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. Scalping doesn't mean take a huge position that will eat your account alive. 1. This tells me how much of my bank the strategy can potentially lose. Scalping is quick profit. 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. A typical scalp trader will focus on gaining 5 to 10 cents per trade. 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. Using bespoke indicators on Ctrader, I succeeded at reaching 30% return on the account in 3. 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. 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. Where are you guys entering your trades and what are you looking for? this strategy is slick. . Scalping requires large size, small moves and quick profits. When talking about scalping, the strategies are mostly applied to 1-Minute charts of the instruments. 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. With 1,000 share positions, for example, each trade has the potential of earning the trader $50-100. Though there might be some strategy examples when higher timeframes may be used to define a trend. Candlestick patterns Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. Welcome to FXGears. Fun to be very active in the market. 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. com Jun 13, 2024 · Scalping is a term used in day trading for a strategy to prioritize making high volumes off small profits. I've worked myself up to a $10k position on each trade. 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. Otherwise, good strategy. Unlike other trading styles, where positions are held for more extended periods, scalpers aim to capitalize on short-term price fluctuations. 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. 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. ended up with a 2k loss on a 1 contract trade (on my sim account lol). 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). 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. Trading the right Stock is 50% of the strategy. Keep Refine It And You Will Find Your Edge In The Market. 50c and I set my stop at that level that way I lock in my daily goal. Ill definitely check back in, in 3months regardless of obvious sarcasm. com, a trading forum run by professional traders. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. 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. Sizing those up and executing these perfectly is the main focus. Hi, I wanted to ask what scalping strategies do you use. 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. Aug 2, 2023 · Scalping trading is a popular and dynamic trading strategy in the financial markets. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. I would not ever consider a strategy that returned less than this. All I need is $. Dude, just gotta get the hang of it, feeling it. Scalping Trading Strategies. 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. See full list on tradingsim. In fact, I prefer profit factor of at least 3. 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. 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 also consider the max draw down of the strategy. 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. 5 days with zero losses and practically no drawdown. The ES is one of the most popular trading vehicles in the world, so scalping it is also common. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. I'm trying to use news for scalping rn, but I'm not really sure if its even a strategy that someone uses. r/scalping: The home for discussion of stock and futures scalping. My key levels are very good I just have too many strategies and can’t settle on one. I am a couple weeks in using this strategy and becoming increasingly profitable. You need to understand trading as a whole. Would love to find a reasonable way to avoid that. Opening range breakout or high of day break is what I usually play. For scalping you dont use trailing stops at all. I feel the same way. I dont scalp much so thats all i can know Welcome to FXGears. This indicates a tight stop relative to the potential profit. works quite well really, until the market absolutely tanks. 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. Is it easy? That depends entirely on you and how you manage risk. 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. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. It involves making rapid trades with the intention of profiting from small price movements. I am back testing scalping Crypto strategies at the moment, but they look promising. Personally, I prefer the NQ for the volatility. rbxmj fiozqbx cmu lssf mabcv wxmg gof ezzcw padgdq jtes