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Netting 1 point a day in ES should not be that hard to do. It is a simple scalp. And can be done easy enough on at least 1/3 to 1/2 of the 5 minute bars in the RTH's session. For example; yesterday I could only trade in the last hour of the session as I had company. Took four trades. Two were...

Don’t count on the mickey spilling the beans....LOL

Back in the day I would monitor multiple stocks and when the specialist would open of the spread (To attract buyers and sellers) in the NYSE stocks and AMEX stocks I used to jump in and scalp 1/8...1/4...or 1/2 in between the bid and ask. That pretty much ended when they went to decimals.

Good thinking. I have multiple accounts and keep the balances low for that very reason.

In essence I agree but I certainly was not talking of scalping a tick. I scalp 1 to 8 points. When I talk about grabbing profits I mean in that context. 1 to 8 points and 12 to 20 on volatile days. Absolutely, I want to avoid losers but not at all costs. But I do my damndest to avoid them, that...

Emotions: 1) You cannot stop them from coming. They are a part of our humanity. 2) You cannot avoid them or sidestep them. They will press harder. 3) You cannot control them; you can only deal with them. 4) In trading (and perhaps other endeavors) how you deal with them in trading is...

Grab them profits. Forget letting winners run. If price runs after you grab them profits jump back in. But by grabbing profits you avoid a winner turning into a loser and have a higher win rate. I been preaching it.....“Grab them profits.” Not many concur with me.

DCA = long-term averaging down. Tudor says only loser average down losers. ROFLMAO

An edge is a mathematical advantage. To arrive at that you have to consider three things. Probability, reward, risk. The latter two are set by you and can be known to start with as you structure a trade. The first (probability) is your best guess on price reaching your target before it reaches...

ROFLMAO

LOL

Here is a quick example of a 1 lot range scalping sorting in top 1/3. The entry and then the exit in next chart. 3 points. Peanuts yes, but it illustrates my point. It could have just as well been 8 contracts.

Ok on todays chart 6-26-2020 MES 5 min chart I just want to point out the Market Cycle. It goes from trend to range and back to trend. Trend has usually two components to it; a BO and a channel. The channel starts with the first PB. Different techniques are used in BO's and different techniques...

If a trader doesn't like the idea of averaging down the he can just make fewer trades and go for bigger moves. Like today 6-25-2020 MES on a reversal right after the open. I only took two trades. One 3 point short straight scalp. Then a 21.5 point long trade that lasted a few hours. I will show...

I generally pay no attention to volume, especially for entries. When I see big range bear bars one after the other I know there is volume. Same with bull bars. I don’t have to look at volume to know this. If an extra large range bar shows up after a multi bar move I will sometimes take a peek at...

Overnight, of course the psychology in magnitude, but not nature, changes when one is trading real money. That IS THE psychological problem of trading, which by the way is, more often than not, overlooked. My last two posts were a feeble attempt to touch lightly upon some of the psychology of...

All traders have doubts. Even the most successful traders. So, what do you do when doubts pops up? Things like: 1) Am I ever going to learn to trade? 2) I am hesitating again. Should I take this trade or not? 3) Why does it seem like I am unable to get on the right side of the market? 4) I’m...

What we truly have as traders is “this very moment.” The reality of our trading experience is ALWAYS right here, right now. We expend a lot of mental energy thinking about the past, planning for the future, minimizing risks. But the past is but a memory. It’s reality is past, over with. It is...

Gracias

I short and long all three. The regular version of all three and the micro version. However my favorite is ES or MES.