Intraday Scalping Strategies

[Robert Weinstein]

Originally posted by nylord1
tape reading is king for listed scalping.....i guess the most obvious is detecting a market short seller with size and front running him until he starts getting taken. This is the gravy for a lot of scalpers i know....how ever, these are quick opportunities with all the vultures canvassing the same carcass so you have to be quick....they love those nx orders

How do you front run a market short order? dont they get out first regardless of your price as they first put in a market order??

Thanks in advance for the info.

 

[nylord1]

Originally posted by 1Reason



How do you front run a market short order? dont they get out first regardless of your price as they first put in a market order??

Thanks in advance for the info.

if you see a market short seller stepping down....they are not triggered until the stock upticks.....so the short seller will always step down a penny above the last print....however, you will never be able to front run this seller if you do not have access to bullets or conversions which allow you to sell on a down tick