As a day trader scalper is the trend is your friend?

[SunTrader]

Not more relative then your parents.

than - not then.

 

[Leob]

than - not then.

You are so expected..
I was long on your type of post..

 

[KCalhoun]

Range, risk management and re-entries. I often scalp dozens of times daily like today UVXY

 

[Bugsy]

I don't know if you used the word "move" on purpose instead of trend.
If it is the case, I agree.
I scalp on momentum on specific areas. Which means I wait until a price reach an area and then I trade on strong momentum one way or another, so yes the "move" is my friend

My results:
Counter trend = high win rate, higher risk, few ticks gained per trade
Trend = low win rate, lower risk, more ticks gained per trade
At the end, the counter trend is more suitable for me (best results and less stress).

At the end, 2/3 of my trades are counter trends and 1/3 are with trend.

BTW, I didn't lessen to MrMuppet advice... I had a nice glass (just one) of "Chateau Neuf du Pape" with my lunch.
Great quality and small quantity is the way to go for me

I feel like George Costanza when I trade. Whatever move appears the most obvious the opposite is usually the profitable one.

 

[LuckyMac]

I like to scalp 5min and 1min. I think two timeframes up is where you should be look for trend anything higher and you're vulnerable to pullbacks that will knock a scalper out

 

[maxinger]

As a day trader scalper, the trend is your friend.

----->

As a day trader, being in the first few positions of the herd is your BEST friend.

 

[murray t turtle]

Don't drink and post

%%
LOL The range is your friend?? One elite trade nicknamed it '' barbed wire range/LOL''
But it takes all kinds to make a market..............................................................I dont know who put that file on here not me + have no idea what it is]

 

[Leob]

The range is your friend??

The range is not your fried.
The range is your reality. 70% of time.
To much money left on table during the day because trend calculation. If you want comfortably make money during the day, you should master the range. Trend flowing is nice for big accounts.
If you want to bring bread on your table withe less then 100k.. you must have adge over trend

 

[murray t turtle]

The range is not your fried.
The range is your reality. 70% of time.
To much money left on table during the day because trend calculation. If you want comfortably make money during the day, you should master the range. Trend flowing is nice for big accounts.
If you want to bring bread on your table with less then 100k.. you must have adge over trend

%%
OK by me;
we don't want everybody trying to do the same thing.
Markets would not work well if that happened.

 

[SunTrader]

Don't know why I didn't notice this at first glance but scalp <> trend.

Anything but.