the good news is that your scalps profits today should be far
larger than in the past.
Steve and I were talking about it last night -a few years ago
SPX would move 15 points a day, now you get that on 1 min candles -
so in the past if you were scaping for a couple points, your scalp
points profit should have been moved up in commensurate
Posted by donkeyface on 28th of Oct 2022 at 11:11 am
Any VIX over 25 and I'm pretty happy. All about
risk management though, gotta scale down to survive some of
these insane wicks. And it's a little scary right now with
the lack of orders on the DOM. I do replays often and the
DOM was consistently in the 100's+++ not so long again about 10-20
spots above and below... Now its well below 100 as the norm.
No slippage issues ever, so no big deal... But
definitely interesting.
Also, i never intend to scalp, but I don't like pull
backs... so I just grab it and run pretty often. Plus some
businesses survive on commissions and I'm happy to contribute
(that's what I'm telling myself anyway
).
the good news is that
Life of a Futures Scalper
Posted by matt on 28th of Oct 2022 at 10:15 am
the good news is that your scalps profits today should be far larger than in the past.
Steve and I were talking about it last night -a few years ago SPX would move 15 points a day, now you get that on 1 min candles - so in the past if you were scaping for a couple points, your scalp points profit should have been moved up in commensurate
Any VIX over 25 and
Posted by donkeyface on 28th of Oct 2022 at 11:11 am
Any VIX over 25 and I'm pretty happy. All about risk management though, gotta scale down to survive some of these insane wicks. And it's a little scary right now with the lack of orders on the DOM. I do replays often and the DOM was consistently in the 100's+++ not so long again about 10-20 spots above and below... Now its well below 100 as the norm. No slippage issues ever, so no big deal... But definitely interesting.
Also, i never intend to scalp, but I don't like pull backs... so I just grab it and run pretty often. Plus some businesses survive on commissions and I'm happy to contribute (that's what I'm telling myself anyway ).
as do your losses :)
Posted by bulf6285 on 28th of Oct 2022 at 10:15 am
as do your losses :)
We don’t talk about losses.
Posted by donkeyface on 28th of Oct 2022 at 12:04 pm
We don’t talk about losses. 😂