Scalping strategy reddit
Scalping strategy reddit. I've been trading on and off for the last few years, mostly just messing around and I've always have gravitated towards the scalping strategy. Personally, I prefer the NQ for the volatility. The ES is one of the most popular trading vehicles in the world, so scalping it is also common. While you're at it, read through Reddit's "reddiquette" here. This tells me how much of my bank the strategy can potentially lose. Fun to be very active in the market. Though there might be some strategy examples when higher timeframes may be used to define a trend. this strategy is slick. Keep Refine It And You Will Find Your Edge In The Market. Scalping Trading Strategies. See full list on investopedia. 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. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. Daytrading futures, forex, stocks, etc. I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). . Scalpers may be high-frequency traders who enter and exit several Jan 8, 2024 · Scalping is a trading strategy that involves a high number of opened trades focused on smaller profits. works quite well really, until the market absolutely tanks. Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. Ill definitely check back in, in 3months regardless of obvious sarcasm. Where are you guys entering your trades and what are you looking for? "Degenerate Candlesticks" on YouTube is currently doing a small account challenge utilizing a scalping strategy. Even the big boys understand the market is not predictable beyond 5 minutes. Scalping is quick profit. For scalping you dont use trailing stops at all. My current plan is: Trade on paper account for a few months to get comfortable and learn good fundamentals. Trade crypto until I have an account worth $25K. I'm trying to find some profitable scalping strategies on 1-minute and 5-minute time chart. 0 when considering a strategy. I also consider the max draw down of the strategy. Sizing those up and executing these perfectly is the main focus. ended up with a 2k loss on a 1 contract trade (on my sim account lol). A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. 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. That is just one example, where I've had the best results. com Aug 16, 2021 · Scalp trading is one of the most challenging styles of active trading to master. That and they dont push courses or merch so thats nice lol 1. Ultimately, many small profits can result in large gains if a strict exit strategy is used. Candlestick patterns Welcome to FXGears. If you believe this was a mistake, please kindly message the mods. 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. Is it easy? That depends entirely on you and how you manage risk. I am a bot, and this action was performed automatically. com, a trading forum run by professional traders. Scalping doesn't mean take a huge position that will eat your account alive. For example squeezes and flushes are way more identifiable on the 1m chart so usually I make a plan using the 1m chart. Apr 10, 2024 · Scalping is a short-term trading strategy that seeks to profit from small price movements in stocks throughout the day. Would love to find a reasonable way to avoid that. Hi, I wanted to ask what scalping strategies do you use. I am back testing scalping Crypto strategies at the moment, but they look promising. 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). 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. Otherwise, good strategy. 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. Start trading stocks. 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. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. If youre Interested in watching live examples, I'd definitely recommend it. Welcome to FXGears. Learn how to scalp trade with these 4 simple scalping trading strategies. My key levels are very good I just have too many strategies and can’t settle on one. I want to learn some 5 minute strategies because they’d allow me to be in trade longer. But The Truth is Only You Know The In And Out Of Your Strategies. 1. This indicates a tight stop relative to the potential profit. 7M subscribers in the Daytrading community. I dont scalp much so thats all i can know 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. Essentially, scalpers believe that it’s easier to profit from smaller market moves. When talking about scalping, the strategies are mostly applied to 1-Minute charts of the instruments. But I feel like the 5m chart is too slow in the morning when there is a lot of volatility. I am a couple weeks in using this strategy and becoming increasingly profitable. I'm trying to use news for scalping rn, but I'm not really sure if its even a strategy that someone uses. We will review your case and get back to you. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. In fact, I prefer profit factor of at least 3. They've made a lot of mistakes so its been a useful learning tool. I would not ever consider a strategy that returned less than this. Here's a better question: is scalping in any form a reliable strategy? Yes, there are plenty of people who do it. fykwwk sucovvkb tzfc dzbxq yspt bxtq wtda hixlvyrw wqjpv zfku