is there a forum aimed at scalpng rather than "one stop shop"?

mute9003 said:
i dont doubt that this board is filled with brains and all information i need to learn.
the problem is as very few members seem to notice on any forum.
people do not even attempt to understand the actual question.
i learned everything from forums. in past 20 or so years so im well familiar with the fuckery that is happening on the forums from automotive to 4chan.
there is usually a small number of people who are able to process noob questions because they understand that noobs dont even know what to ask most of the time.
the rest of the post gets derailed by some chad who thinks he knows whats up because he had a green week and thinks hes tim sykes now because he made 1500 in a week.

i learned to build motors and everything else automotive from forums and when i was able to answer questions finally i wasnt a dick about it. i literally answered same question sometimes more than 100 times. because the new guy has no idea what to even look for. he doesnt know there are about 50 different threads about same topic because he again doesnt know what to even search for because most other threads are named like "what this thing do. help" and then it goes into detail of replacing a balance shaft on mercedes.

look at this thread. i purposely made it offensive to bring out all the trolls who will do same thing they do in every thread.. mods take note who posted a useful discussion and who got triggered by this post.. your answer is here
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Hello mute9003,

I believe the way you are currently trading is correct.

Trust yourself and eyes!
 
If There was a forum purely for scalping then i would ask the following set of questions:
- do you wait for price to come to your position to enter or do you guess/estimate/proximate price turning ?
-what time frame/tick frame/Kase Bars/P&F/Vol etc do you trade for scalping ?
- Is your signal that you take related to a tool you have built to see price better ? or
- Is the signal that you take related to pure price action based on your bar type/size ?
- Or are you randomly entering with a defn of trend that you use ?
- Have you tools developed that can pick up patterns/signals that are not available to the naked eye ?
- Do you have many signals from your pattern analysis but found out some are better to take than others ?
- What has been the biggest wow factor you have found during analysis or do you find new insights often from analysis ?
- Do you make money after trading expenses ?


well for me the answers would be (In Captials):
If There was a forum purely for scalping then i would ask the following set of questions:
- do you wait for price to come to your position to enter or do you guess/estimate/proximate price turning ? BOTH BUT MOSTLY WAIT ie 70% OF TRADING WAITING AND 20% OF TRADING ESTIMATING ENTRY SPOT
-what time frame/tick frame/Kase Bars/P&F/Vol etc do you trade for scalping ? 1 TICK and 1 MIN, 98% OF THE TIME IS 1 TICK
- Is your signal that you take related to a tool you have built to see price better ? YES FOR SURE or
- Is the signal that you take related to pure price action based on your bar type/size ? YES TOOLS BUILT ON 1 TICK
- Or are you randomly entering with a defn of trend that you use ? NO BUT LIKE SOMEONE PUT RECENTLY SIMILAR TO WHAT ILL SAY AND THAT IS EVEN A 2 TICK MOVE CAN BE A TREND FOR SOME
- Have you tools developed that can pick up patterns/signals that are not available to the naked eye ? YES
- Do you have many signals from your pattern analysis but found out some are better to take than others ? YES
- What has been the biggest wow factor you have found during analysis or do you find new insights often from analysis ? HOW CLEVER THEY (THE MARKET M) HAVE CONSTRUCTED THE MATRIX AND THE NUMEROUS NUMBER OF PATTERNS THAT ARE AVAILABLE BUT MOST (99%) ARE BOGUS.
- Do you make money after trading expenses ? YES

Cheers
 
Been scalping since 1987, never was able to figure out day trading. By far it has been toughest challenge in my life. When younger would do 300 trades a day for 1-3 ticks, average down, use no stops, reverse at seconds notice. Took 7 years to get hang of it, brokerage allowed me to be on phone to the floor all day in beginning. PC's allowed more profit making a tick.

I would NEVER recommend a new trader to go into scalping until your expert level on higher timeframes. This type of trading beats the shit out of you and makes you old till the years pass before you get good at it. When you get very experienced you learn less is better, seek very low losing percentages but you discover most patterns don't have high enough winning percentages, commissions in futures really eat into profits. Stay in game long enough, you find patterns never written about that seldom lose, then you automate them. Patterns that occur often enough but have to be super fast to get in to make 1-5 ticks 24 hours a day.

If I knew back 37 years ago how difficult it was first 14 years to get good, would have stayed with long term commodities which by far takes less time and makes much more overall profits.

True scalpers never going to share, taken thousands of hours, decades to test and trade patterns.

Doing 300 trades a day was often a "feel" of seconds hanging at 2 tick bars of mini support resistance. I have a buddy once in awhile call out prices while am driving and tell him where to B/S, I usually profitable 11 of 12 trades. But day trading I suck at it.

Buy low support, Sell high resistance, risk lowest.
 
Handle123 said:
Been scalping since 1987, never was able to figure out day trading. By far it has been toughest challenge in my life. When younger would do 300 trades a day for 1-3 ticks, average down, use no stops, reverse at seconds notice. Took 7 years to get hang of it, brokerage allowed me to be on phone to the floor all day in beginning. PC's allowed more profit making a tick.

I would NEVER recommend a new trader to go into scalping until your expert level on higher timeframes. This type of trading beats the shit out of you and makes you old till the years pass before you get good at it. When you get very experienced you learn less is better, seek very low losing percentages but you discover most patterns don't have high enough winning percentages, commissions in futures really eat into profits. Stay in game long enough, you find patterns never written about that seldom lose, then you automate them. Patterns that occur often enough but have to be super fast to get in to make 1-5 ticks 24 hours a day.

If I knew back 37 years ago how difficult it was first 14 years to get good, would have stayed with long term commodities which by far takes less time and makes much more overall profits.

True scalpers never going to share, taken thousands of hours, decades to test and trade patterns.

Doing 300 trades a day was often a "feel" of seconds hanging at 2 tick bars of mini support resistance. I have a buddy once in awhile call out prices while am driving and tell him where to B/S, I usually profitable 11 of 12 trades. But day trading I suck at it.

Buy low support, Sell high resistance, risk lowest.
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Is scalping mostly day trading on a shorter time frame.:D
 
Handle123 said:
Been .
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thats a long time lol you must be like 300 years of aging
i suck at longer timeframes also i sabotage myself if given enough time to overthink my trades
for the most part i would do good for few days and then there will be one or two trades where i fail to sell at a small loss and end up being stuck(because i dont know how to read charts better yet i for the most part cant tell whether there is strength to recover or not so i end up giving it more time and giving it more money also and then when i see that it is obviously dead i exit at a bigger loss.)

on average im good at exiting at the top. consistently. even when miss the exit i still feel where the top is usually just fomo sometimes.
i can tell tops but i cant tell difference between a top and possible continuation of up trend. i dont know the small differences to tell if there is strength to push up after a small pullback.

so i would make few 100 bucks over few days consistently and then one or two trades i stay too long because its a gap in my understanding and i cant read a chart and i end up just hodling to see what happens and usually its the wrong times.

problem with swing trading is i consistently enter trades in the wrong times in the trend and it ends up going against me right away i literally buy right before a falling knife almost every time and i cant fiugre out why. something in the chart is faking me out and i cant see it.
thats why i switched to lower and lower timeframe.
i started from holding for weeks and months then slowly decreased my trading timeframes to see where im comfortable and scalping seems to not give me time to overthink.
 
Real Money said:
The bottom line is you need to be an expert on short time-frames.

Need to know REG-T, TIMS, SPAN, rates, vol, greeks, about outsourced/third-party execution and guaranteed VWAP, Fed policy, reports, earnings and release data, brokerage software, the players involved (FCM-BD-SD), co-location, internals and their use, index make-up/cap weightings/sector mix, pricing synthetics (futures and options).
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Why would he need to know any of that to scalp as retail? Is this satire?
 
mute9003 said:
thats a long time lol you must be like 300 years of aging
i suck at longer timeframes also i sabotage myself if given enough time to overthink my trades
for the most part i would do good for few days and then there will be one or two trades where i fail to sell at a small loss and end up being stuck(because i dont know how to read charts better yet i for the most part cant tell whether there is strength to recover or not so i end up giving it more time and giving it more money also and then when i see that it is obviously dead i exit at a bigger loss.)

on average im good at exiting at the top. consistently. even when miss the exit i still feel where the top is usually just fomo sometimes.
i can tell tops but i cant tell difference between a top and possible continuation of up trend. i dont know the small differences to tell if there is strength to push up after a small pullback.

so i would make few 100 bucks over few days consistently and then one or two trades i stay too long because its a gap in my understanding and i cant read a chart and i end up just hodling to see what happens and usually its the wrong times.

problem with swing trading is i consistently enter trades in the wrong times in the trend and it ends up going against me right away i literally buy right before a falling knife almost every time and i cant fiugre out why. something in the chart is faking me out and i cant see it.
thats why i switched to lower and lower timeframe.
i started from holding for weeks and months then slowly decreased my trading timeframes to see where im comfortable and scalping seems to not give me time to overthink.
More...

Aloha Mute,
I do not know of a scalping specific forum, but this thread and @volpri could be a great resource for you. Likely he will answer any specific question you ask about scalping
https://www.elitetrader.com/et/thre...-trading-the-es-nq-ym-mes-mnq-and-mym.336259/

Volpri's threat should be in the hall of fame IMO @Baron
 
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