Scalping strategy reddit

Scalping strategy reddit. 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. When talking about scalping, the strategies are mostly applied to 1-Minute charts of the instruments. Though there might be some strategy examples when higher timeframes may be used to define a trend. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. That and they dont push courses or merch so thats nice lol 1. Even the big boys understand the market is not predictable beyond 5 minutes. See full list on investopedia. Personally, I prefer the NQ for the volatility. We will review your case and get back to you. works quite well really, until the market absolutely tanks. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. Is it easy? That depends entirely on you and how you manage risk. I want to learn some 5 minute strategies because they’d allow me to be in trade longer. I am a bot, and this action was performed automatically. Otherwise, good strategy. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. I also consider the max draw down of the strategy. Here's a better question: is scalping in any form a reliable strategy? Yes, there are plenty of people who do it. But The Truth is Only You Know The In And Out Of Your Strategies. 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. 7M subscribers in the Daytrading community. This indicates a tight stop relative to the potential profit. Sizing those up and executing these perfectly is the main focus. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. My current plan is: Trade on paper account for a few months to get comfortable and learn good fundamentals. Scalping is quick profit. 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. For example squeezes and flushes are way more identifiable on the 1m chart so usually I make a plan using the 1m chart. 1. I'm trying to use news for scalping rn, but I'm not really sure if its even a strategy that someone uses. In fact, I prefer profit factor of at least 3. ended up with a 2k loss on a 1 contract trade (on my sim account lol). 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. Ultimately, many small profits can result in large gains if a strict exit strategy is used. Trade crypto until I have an account worth $25K. That is just one example, where I've had the best results. If youre Interested in watching live examples, I'd definitely recommend it. com, a trading forum run by professional traders. This tells me how much of my bank the strategy can potentially lose. My key levels are very good I just have too many strategies and can’t settle on one. If you believe this was a mistake, please kindly message the mods. Learn how to scalp trade with these 4 simple scalping trading strategies. 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. Daytrading futures, forex, stocks, etc. While you're at it, read through Reddit's "reddiquette" here. I would not ever consider a strategy that returned less than this. I'm trying to find some profitable scalping strategies on 1-minute and 5-minute time chart. Essentially, scalpers believe that it’s easier to profit from smaller market moves. But I feel like the 5m chart is too slow in the morning when there is a lot of volatility. 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. Keep Refine It And You Will Find Your Edge In The Market. They've made a lot of mistakes so its been a useful learning tool. Would love to find a reasonable way to avoid that. com Aug 16, 2021 · Scalp trading is one of the most challenging styles of active trading to master. 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. this strategy is slick. Welcome to FXGears. Scalping doesn't mean take a huge position that will eat your account alive. 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. 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. Hi, I wanted to ask what scalping strategies do you use. I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). Scalping Trading Strategies. Ill definitely check back in, in 3months regardless of obvious sarcasm. I am back testing scalping Crypto strategies at the moment, but they look promising. Apr 10, 2024 · Scalping is a short-term trading strategy that seeks to profit from small price movements in stocks throughout the day. The ES is one of the most popular trading vehicles in the world, so scalping it is also common. Start trading stocks. Fun to be very active in the market. 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). I am a couple weeks in using this strategy and becoming increasingly profitable. 0 when considering a strategy. 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. For scalping you dont use trailing stops at all. . Candlestick patterns Welcome to FXGears. Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. bbzu nqh ruylp vyjdv tqzcg peu hrmpl bmkq iaswxkp gfkft