Scalping Flashcards
Scalp Entry - Stop or Limit Orders? …
Scalp Entry - Stop or Limit Orders? …
When the market is clearly Trending most traders will consistently make more money swing trading
When the market is clearly Trending most traders will consistently make more money swing trading
When the market is Trending and Scalping in the direction of the strong trend with swing stops
Most scalpers in trends take very few entries and make much less profit in a trend than swing traders
When the market is Trending and Scalping in the direction of the strong trend with swing stops
Most scalpers in trends take very few entries and make much less profit in a trend than swing traders
Scalping is Best in TRs
These are times when scalping has the nest chance to be profitable and when swing traders are usually not making money
The Tighter the TR the less chance swing traders have to make money
If a swing trader continues to rely on his stop, often he has to wait 20+ bars to make a profit
Scalping is Best in TRs
These are times when scalping has the nest chance to be profitable and when swing traders are usually not making money
The Tighter the TR the less chance swing traders have to make money
If a swing trader continues to rely on his stop, often he has to wait 20+ bars to make a profit
Stairs - Scalpers will bet against BOs
This is a good environment for scalpers
Stairs - Scalpers will bet against BOs
This is a good environment for scalpers
Bear Stairs - Buy @ Prior Low and Scale In Lower
When you start getting stairs patterns you know the Bulls are making money in a Bear Trend and you know the market ill soon transition into a TR
Bull scalpers will buy at the prior low
Bear Stairs - Buy @ Prior Low and Scale In Lower
When you start getting stairs patterns you know the Bulls are making money in a Bear Trend and you know the market ill soon transition into a TR
Bull scalpers will buy at the prior low
Stairs - If Quick Profit, Take it and do not wait to Scale In
Exit with a Scalp betting the market will soon enter a TR
Stairs - If Quick Profit, Take it and do not wait to Scale In
Exit with a Scalp betting the market will soon enter a TR
Emini or EURUSD Scalping? Biggest Difference is Bar Size
Emini or EURUSD Scalping? Biggest Difference is Bar Size
Scalper’s Personality
Why some Experts Scalp
Scalper’s Personality
Why some Experts Scalp
Scalper’s Personality
Most Traders DO NOT ENJOY SCALPING
Trading HAS TO BE FUN! And if I want to do it forever I have to ensure I am having FUN, life has to be FUN! :)
Scalper’s Personality
Most Traders DO NOT ENJOY SCALPING
Trading HAS TO BE FUN! And if I want to do it forever I have to ensure I am having FUN, life has to be FUN! :)
Extreme Scalping - Manual HFTrading
Extreme Scalping - Manual HFTrading
Beginners should avoid scalping because it is just to easy to lose
Beginners should avoid scalping because it is just to easy to lose
Traders sometimes like to use 2 time frames
It rarely ever improves profitability but using a 60 min chart for context and basing my trades on a 5 minute Chart for entry can prove to be successful
Traders sometimes like to use 2 time frames
It rarely ever improves profitability but using a 60 min chart for context and basing my trades on a 5 minute Chart for entry can prove to be successful
Beginner always sees reversals and LOSES
Beginner always sees reversals and LOSES
1 Min Chart - Often Quick move in Final Seconds of a bar
Most Traders cannot consistently make money if the chart has more than 20 bars per hour
1 Min Chart - Often Quick move in Final Seconds of a bar
Most Traders cannot consistently make money if the chart has more than 20 bars per hour
1 Minute Chart - Most Traders should avoid since it yields many mistakes
1 Minute Chart - Most Traders should avoid since it yields many mistakes
Two Time Frames - Trend on Higher TF, Entry on Smaller TF
Two Time Frames - Trend on Higher TF, Entry on Smaller TF
TR - Make Money Buying or Selling at ANY TIME
Remember the 90% Rule: for 90% of the bars on the chart, I can make money buying or selling if managed correctly
TR - Make Money Buying or Selling at ANY TIME
Remember the 90% Rule: for 90% of the bars on the chart, I can make money buying or selling if managed correctly
Why do beginners scalp?
Because it is the smallest risk per trade and so many other real life reasons that force beginners to only focus on risk.
And this drastically reduces a traders success in the markets
Gap Bar = If the open of the current bar is above or below the close of the past bar this is a Gap Bar; this can either be a sign of strength and lead to a continuation or it can be a sign of a reversal
Gap Bar = If the open of the current bar is above or below the close of the past bar this is a Gap Bar; this can either be a sign of strength and lead to a continuation or it can be a sign of a reversal
If there is a tick divergence after a climax traders will look for a scalp in the opposite direction
If there is a tick divergence after a climax traders will look for a scalp in the opposite direction
Ticks are useful for traders looking for a Scalp wither with the trend or against the trend
Negative ticks traders look to sell
Positive ticks traders look to buy
Ticks are useful for traders looking for a Scalp wither with the trend or against the trend
Negative ticks traders look to sell
Positive ticks traders look to buy
