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In a lot of the videos Al says that a 1 point is the minimum for a scalp, and this 1 point interval is quite important. However it seems that this amount is outdated, since the average move in the Emini today moves a lot more than 1 point. Any insight on this? Is there like a new number of points to watch out for, when it comes to a minimum scalp?
Hey Lucas , 1 point interval is quite important. However it seems that this amount is outdated , i will say no because,, 1 point = $50 emini s&p 500 futures so these days as you see one candle is 8.25 point now do the maths X $50 = 412.5 profit or loss , (MINI 4 points is enough) in MICRO e-mini 10 points is very good. some years trade micro emini futures because al brooks also say trader should trade micro emini for less risk >>after confidence is build up then do Mini