Emini S&P - Profitable Scalp Trading

You're obviously trading with ridiculously large stops....if you're using stops at all.... That's the only way you can achieve 100% wins out of 36 trades. I guarantee your method will blow up..and I don't even have to know what you are doing. Your results are pure luck. If you don't believe me, continue your sim trading for another 2-3 months.
 
if you do a search for stuff like "scalp*" and so forth you'll find lots of similarly started threads. this is one of heavier ones. don't recall how it turned out, but there it is.

g/l
 
Quote from austinp:

<i>"Most of you guys are retarded. Very few have anything informative or insightful to say..."</i>

But the rest of us are talking from experience. I have no doubt that common logic tells you in the back of your mind that every single emini trader with zero exceptions has at one time in their career the same epiphany you did. Why do you think all of us aren't raking in $$millions scalping two-tick moves? Please tell us you don't honestly think all veteran traders have overlooked the obvious which you seemingly discovered.
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Very true. It seems to be part of the natural progression all traders need to go through. The paradox between the value of self discovery vs. reinventing the wheel.
 
true.

try it for a large period of time. atleast 4 months. if your profit target is 2-3 ticks, you trades are required to go your way almost instantly.

what if you take a 2 point heat? how would your mind react in that situation? or 3 points? or 4? bigger than 4, i don't bother taking those trades. what is your have 3-4 such small losers in a row, your entire day or possibly days profits r wiped out. so in essence u would be taking the smallest of winners and full stop losers. i know u might be thinking go big on size with small mini targets. it won't work unless u have a systematic plan.

but if u r serious about trading, read anekdoten's journal. it's a 1000 page journal, you give it time read every page of it and look at every chart. you will have a better chance at succeeding.
 
Quote from EminitraderDM:

Im new to the Emini Futures Market, but have found scalping the highly liquid Emini S&P 500 very lucrative. On a day like today when there really are not large frequent swings you can be very profitable.

Here is a summary of my trading for the day:

I use 5 contracts for each position.
Profit target is 2 ticks

Here are the results:

October31Summary.jpg


92 Contracts x $5 per car = $460
-(Gross profit $2100)
= $1640 net

10 Contracts = $3280
20 Contracts = $6560
30 Contracts = $9840

I picked this up for fun, but this is a serious business with rediculous cash flow. I feel like I'm doing something illegal haha.

I was some what successful with position trading as well, although the stress per trade was killing me...scalping with its limited exposure is fantastic!

These scalping results are consistant for me...am i right here...should i test this on a live account?
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EminitraderDM, can you post the executions?
 
Quote from BoyBrutus:

EminitraderDM, can you post the executions?
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it doesnt matter whether these results r fake or real. over a long period of time, they r not sustainable. one loss or a streak of small losses will wipe out his many days of tiny gains.
 
After doing some more reading and some more research, it seems that short term position trading for multiple points at a time with tight stops is more efficient and better for capital management.

Here is a chart that i marked up from friday with some entry and exit points, along with my reasoning. How is my understanding? Am i close?

**EDIT**Ignore the actual trades, those are scalps. Trades taken before i woke up to the fact position trading may be a better route.
 

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