Is scalping 3 handles/12 ticks on NQ feasible in Live market environment?

[maxinger]

These are the type of trades I am talking about.

Your trading is scalping at LFT low-frequency trading.

You didn't mention about reward : risk ratio.
I suspect it is only 1:1 or worse 1:2

You didn't manage to catch a single big move although there were tens of big moves.

NQ tick size is one of the smallest in this world.
It can't be seen unless you use the scanning electron microscope.
12 ticks can hardly be seen with the naked eye.


If God throws $100 notes and 1 cent coins from the sky, aim to catch lots of $100 notes, not a few 1 cent coins.

Not a good trading strategy.

 

[BuzzTrader]

Your trading is scalping at LFT low-frequency trading.

You didn't mention about reward : risk ratio.
I suspect it is only 1:1 or worse 1:2

You didn't manage to catch a single big move although there were tens of big moves.

NQ tick size is one of the smallest in this world.
It can't be seen unless you use the scanning electron microscope.
12 ticks can hardly be seen with the naked eye.


If God throws $100 notes and 1 cent coins from the sky, aim to catch lots of $100 notes, not a few 1 cent coins.

Not a good trading strategy.

If the method is scalable based on cold hard data I don't see a problem.

 

[Overnight]

... however, MNQ and NQ are different enough to where when we are talking high-speed scalping, not only the volume is different; but there are many minute deviations between MNQ and NQ in terms of wicks, bodies, and even color of some LTF candles that are enough to throw your analysis off if you use solely MNQ...

This is proof you do not trade real money.

They move EXACTLY the same.

If they did not, there would be arb opportunity, which as you will see, when you finally trade live, that there is not.

OP. you need to stop trading before you lose all your money to stupidity, trying dumb exotic trading like arb capture without options.

 

[MarkBrown]

NQ tick size is one of the smallest in this world.
It can't be seen unless you use the scanning electron microscope.
12 ticks can hardly be seen with the naked eye.

your humor just keep getting better and better.

 

[murray t turtle]

Your Question: Is it feasible?
Answer: Yes, it is.


Better Question: Can you do it?
Answer: Probably not (on consistent basis).


Question: How many people here on ET think they could do it?
Answer: 90%


Better Question: How many people here on ET could actually do it?
Answer: 5%

%%
ARE you saying Henry Ford was wrong when he said = if you think you can , your are right??

Actually with leveaged stuff , i think you are more right than Henry Ford , on this .
Another fair queation, why do the few daytrading companies do stocks, fewer do that;
but that does not mean you could not do that ??
{Im one of the few;10%] that doesnt think i coud do that , could not with ES;
Ive made more consistanly with SSO than more leveraged SPXL}
Good question, we cant predict what you can do

 

[aegis_eq]

Lmao, you guys are a riot. Thank you for the entertainment.

"I cAn'T sEe ThE tIcKs, I fOrGoT mY mIcRoScOpEs"

This is proof you do not trade real money.

They move EXACTLY the same.

If they did not, there would be arb opportunity, which as you will see, when you finally trade live, that there is not.

OP. you need to stop trading before you lose all your money to stupidity, trying dumb exotic trading like arb capture without options.

What are you even talking about...



"ThEy MoVe ExAcTlY tHe SaMe"

literally different colored candles, volume imbalances not matching, highs and lows divergent, but "exactly the same" ok, Jim

 

[aegis_eq]

Your trading is scalping at LFT low-frequency trading.

You didn't mention about reward : risk ratio.
I suspect it is only 1:1 or worse 1:2

If your scalping target is 3 Handles, but allow only 3-6 handles of risk, you need your head examined. You will lose almost every single time. Stops are obviously below critical MS or PD Arrays; RR sub 0.5.

Your trading is scalping at LFT low-frequency trading.

You didn't manage to catch a single big move although there were tens of big moves.

Lol

Good luck to you, guys.

 

[aegis_eq]

Are you by chance trading Fair Value Gap?

Inverted Fair Value Gaps. They have been scientifically proven to be 87.4% more effective than regular Fair Value Gaps. /jk

 

[Overnight]

Lmao, you guys are a riot. Thank you for the entertainment.
...

literally different colored candles, volume imbalances not matching, highs and lows divergent, but "exactly the same" ok, Jim

Your inexperience in live markets is patently obvious, because of what you think you see in those charts.
There is no arb between a high-volume mini and high-volume micro of the same instrument and expiration month.

Mr. Dumas, I believe.