4-Tick Scalping Journal

Quote from schizo:

flip short 89.50

covered 88.50
More...

Without a blotter this experiment of yours is fairly useless to the readers because of posts like the one above.
 
For the record, I ain't no expert and I'm not here to impress anyone. On that note, this thread was not created to add value to my dear readers. I'm not even sure how long I'll be posting here.

BTW how does a blotter provide any more details into my trading? For me, that's about as useful as making calls after the fact. What you see here are trades made in real time.
 
if you are angling towads emq's strategy, his ususally works at over sold or overbought conditions, not just general scalping,
I believe he takes a point because thats a guaranted point instead of waiting for 2 points, which is not guarnateed.

The guarantee could be a swing in up or down in the micro tick time level with no pullbacks.
 
:: Daily Summary for 04/30/10 ::

  • Trading Range: 83.75 - 89.00
  • Executions: 7 Longs, 4 Shorts
  • Risk/Reward: 6 Wins, 4 Losses, 1 Scratch
  • Profit/Loss: +3 Points ($300)
 
Quote from schizo:

:: Journal Spec ::
  • Product Symbol: ES
  • Trading Hours: 1:30 PM to Close (Chicago Time)
  • Contracts: 2
  • Profit Objective (Reward): 4-ticks
  • Stop Loss (Risk): 4-ticks
More...
how many cars are you throwing at the ES to validate going after only four ES ticks?
 
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