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Search result for: minimum scalp
# | Post Title | Result Info | Date | User | Forum |
How to determine minimum reward for a scalp? | 14 Relevance | 2 years ago | Omkar Hankare | General Trading Discussion | |
How can one determine the minimum reward for a scalp in various markets? I am getting confused as I trade the Nifty futures in NSE India & not micro emini | |||||
How do you determine the minimum scalp for a stock? | 14 Relevance | 3 years ago | Marcus Beasley | 47 Trading in Trading Ranges | |
If I'm trading an expensive stock such as Amazon, how do I determine the minimum scalp size? | |||||
RE: minimum scalp/swing | 14 Relevance | 3 years ago | BTC Admin | General Trading Discussion | |
Hi JC, Al describes what he means by scalps and swing trades in the "Glossary of Terms" under "Learn to Trade" menu. He repeats this info often throughout many videos in the course and on site. | |||||
minimum scalp/swing | 14 Relevance | 3 years ago | J C | General Trading Discussion | |
Where does Al explain his method for finding minimum scalp/swing? I'm trying to find it, but I can't. | |||||
RE: Minimum Scalp Size | 12 Relevance | 2 years ago | Kevvy | General Trading Discussion | |
Al talks a lot about going for 1 point in the trading course. But the volatility was a lot lower when Emini was down around 2000 when he was recording it. In his trading room he's talks about 4-8 point scalps lately. Personally, I found that 0.7 * ATR(10) is a reasonably good for calculating scalp size. Beware that ATR will be skewed on the open if there's a big gap which would make the number too high. I've been meaning to write an indicator that excludes gaps, dojis and inside bars from the ATR calculation but haven't got round to it yet. | |||||
RE: 17 a - size of a scalp | 15 Relevance | 4 years ago | Vy A | 17 Tight Channels & Micro Channels | |
Dr. Brooks mentions using 5-10% of the range as a starting point in a video (I can't remember which one off the top of my head but likely one of the videos on scalping). So for instance, if you're trading a stock that usually has a range of $4, then your minimum scalp size would be somewhere between $0.20-0.40. If the volatility increases, then increase the size of the minimum scalp as needed. If the volatility decreases, then the spread and tick value become a greater consideration, which is why he recommends no less than 4 ticks on the ES and 10 pips in fo ... | |||||
RE: 31D - Scalp stop | 15 Relevance | 3 years ago | ludopuig | 31 Swing Trading and Scalping | |
This only applies if you wanna make money! Yes, but have in mind that you can only scalp with a swing stop if you scale-in lower, which modifies the math. If not, you have to exit quickly, which makes it difficult to do. Not really, if the MKT goes your way you just grab the scalp profit. Rather, if it goes against you, you add more lower improving the overall trader's equation but also increasing the risk (no free lunch). All this, of course, providing you scale-in at the right time within the MKT cycle. Rather, If you scale-in lower in a bear trend you kill your account. Is this what will happen to you? Of course not! 😉 Yes, but it depends on the day's average bar's size. If you don't scale-in, you have to be quick to exit. In this example, you bought just below the prior High and instead of a another big bull bar breaking above you got a big tail and a bear bar, so you should exit below (we don't see the scale, so if you were lucky you got your scalp within the next bar's tail). | |||||
RE: What is the point of 10pips as minimum scalp size for forex market? | 14 Relevance | 4 years ago | ludopuig | 50 Scalping | |
Yes, this is not a rule, just a guideline as you said. The important matter when deciding reward is the other two variables of the trader's equation. 10 pips and 4 points are widely used scalp profit targets so that is why it is good to take them into account. Yet if your signal bar is bigger you have to shot for more or your will lose money in the long run until you are very good and can shot for a reward smaller than the risk, which needs a probability above 80% to make it work. | |||||
31D - Scalp stop | 12 Relevance | 3 years ago | Bruno Beraldo | 31 Swing Trading and Scalping | |
... used only for scalps. However, in this video, he says that a trader who bought the bull BO, should use the swing stop, regardless if the trader was planning to swing or to scalp: Attachment : image.png In this case, if the trader was planning to scalp, he clearly is risking way more points that he intended to make. Am i right? Al says that the minimum scalp on the E-mini should be 4-8 ticks. In these cases, should the stop also be 4-8 ticks away, or should it be a swing stop, far from the current price? Thank you in advance! Best, | |||||
RE: Minimum Scalp | 10 Relevance | 4 months ago | Brooks Conway | 44 Trading Tight Bear Channels | |
Suuper helpful thanks very much. | |||||
RE: What is the point of 10pips as minimum scalp size for forex market? | 10 Relevance | 4 years ago | R Mutt | 50 Scalping | |
You can’t change only reward besides changing risk or probability. I’ll keep it mind 🙂 | |||||
RE: trade example | 9 Relevance | 2 years ago | Avi Eight | 17 Tight Channels & Micro Channels | |
When those charts were made, yes. It is the minimum scalp in the es, but a scalper should aim for a profit equal to the risk. Today a minimum scalp maybe 4 points. | |||||
RE: The anatomy of a BO and FT | 8 Relevance | 4 years ago | ludopuig | 41 Trading Breakouts | |
Nop. Nop, and minimum size is 1t above whatever is breaking out of. The close is important to know the strength of the BO but not for the fact that it is a breakout. Once it went 1t above whatever is a breakout. Any bar, whatever its shape and color, following a BO is a FT bar. Then the FT can be bad or good. Good is anything else than an opposite trend bar (a doji would be the minimum) so in the examples you have given the FT is good but it varies in strength. The ideal FT for any BO's strength is another strong trend bar. No. All these thing ... | |||||
RE: Psychology Tips & Tricks for trading | 8 Relevance | 3 months ago | w | General Trading Discussion | |
"Set to BE+1 if can't achieve scalp in 2 or 3 bars." Is this a 5-point scalp or minimum scalp (half size of average bar) ? Attachment : Screenshot (13748).png In this example, if buying above 24 should we exit below 25, exit below 30, or keep holding? Thank you | |||||
RE: The Concept of "Probability" | 13 Relevance | 10 months ago | R Mutt | General Trading Discussion | |
... Al’s "low probability SO the trader needs two times the risk" is not about “How to set your target”, but more like “How to evaluate how reasonable your target is”. You find a reasonable target and stop based on the PA in the chart first. Then you calc your RR and evaluate the probability of success (reaching its target before stop, in this context). If it is low probability, you need two times the risk. Therefore; If your target is at more than two times Take it Else / Your reward is too small / 2xRisk target seems absurd / Am I just being hopeful? W ... |