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

[HawaiianIceberg]

this forum has way too many people with too many different ideas and different strategies to be helpful.
every time i ask a question here it gets derailed by random ass people posting their opinions and getting into endless arguments with eachother over who is right.
absolutely not helpful to a new trader who is trying to learn basics.
in addition to big ego know it all trolls who purposely post click bait to get people to argue about a useless point just so they can feel smarter than everyone else here posting unrelated technical essays to back up their claims(when nobody even asked for that)

im trying to find a forum that deals specifically with scalping (maybe even specific to scalping the morning session)
because this forum so far gave me absolutely zero useful information overall net zero.
and alot of bullshit useless bickering with bighead wannabe traders who puked out information that is useless and that neither me or others asked for

Aloha again mute,
I have a couple of questions for you to ask yourself. Not to offend, but to reflect on.

Why do I like scalping?
Usually the answers are: low risk because my stop is close, and not in market long because it makes me feel uneasy. Both not very good answers.

How much do I want to get out of a scalp trade?
If the answer is less than a point or two, think again (assuming trading ES). I think a fixed target is one of the biggest stepping stones for a scalper to put into practice. If you're scalping, you probably aren't holding for more than a bar or two, unless you're scaling in to avoid a loss.

Are you willing to scale into a losing trade?
This could help turn a lot of losses into at least BE trades but also break the bank. You would need to know about the market cycle and when to scale in and when to give up. Giving up is the hardest thing for a beginner scalper to do, often scaling in repeatedly to try to avoid any loss, while simultaneously digging a deeper and deeper hole

if your answers are: Because I want to make a lotta $$, 1-2 points, and yes
then you're on the right track

Unless you're trading within a range (using range trading scalping tactics), start by only scalping with the trend..

Risk/Reward is one part of scalping, but probability is the second and most overlooked/important part. IMO.

 

[Real Money]

Why would he need to know any of that to scalp as retail? Is this satire?

Yea. I'm trying to speak to the op's point about forum goers not being able to talk markets relevant to scalping the NY open (assuming futures) because it's true. I listed off the reasons why, quite verbosely, to demonstrate how big the holes in most people's knowledge are.
If most don't even know half the shit I mentioned, how can you (op) expect them to talk markets. True you can ignore all of the above and still trade, but VWAP? And vol? And beta? And rates and index comp?

I'm not disagreeing with him. The discussion is full of fluff and back and forth with nothing but banter and anecdote. In a word, unproductive. What kind of discussions do we find here? Ones where traders seemingly ignore the vol and rates markets, traded volumes and internals. If your smart enough and look hard enough you can unearth some hidden gems, but it's not easy nor efficient, not in the slightest.

 

[newwurldmn]

why? I don’t even know how to get a 1m sofr out of Bloomberg and I am doing okay trading options.

Yea. I'm trying to speak to the op's point about forum goers not being able to talk markets relevant to scalping the NY open (assuming futures) because it's true. I listed off the reasons why, quite verbosely, to demonstrate how big the holes in most people's knowledge are.
If most don't even know half the shit I mentioned, how can you (op) expect them to talk markets. True you can ignore all of the above and still trade, but VWAP? And vol? And beta? And rates and index comp?

I'm not disagreeing with him. The discussion is full of fluff and back and forth with nothing but banter and anecdote. In a word, unproductive. What kind of discussions do we find here? Ones where traders seemingly ignore the vol and rates markets, traded volumes and internals. If your smart enough and look hard enough you can unearth some hidden gems, but it's not easy nor efficient, not in the slightest.

 

[poopy]

Yea. I'm trying to speak to the op's point about forum goers not being able to talk markets relevant to scalping the NY open (assuming futures) because it's true. I listed off the reasons why, quite verbosely, to demonstrate how big the holes in most people's knowledge are.
If most don't even know half the shit I mentioned, how can you (op) expect them to talk markets. True you can ignore all of the above and still trade, but VWAP? And vol? And beta? And rates and index comp?

I'm not disagreeing with him. The discussion is full of fluff and back and forth with nothing but banter and anecdote. In a word, unproductive. What kind of discussions do we find here? Ones where traders seemingly ignore the vol and rates markets, traded volumes and internals. If your smart enough and look hard enough you can unearth some hidden gems, but it's not easy nor efficient, not in the slightest.

I'm referring to (not looking now) an understanding of synthetics in cash-markets. The only utility would be shorting some HTB thing like GME. You need to know where the fwd is if you're trading vol but again, no benefit to D1 Either he's RegT or RBH, and that's simply 4X intraday or 15% concentrated. If D1 then no vol-component nor any need for BS like dealer-gamma positioning or Greeks. Factor returns, baskets, sure. Anyway, I don't get the point other than some ppl know things and others don't. I suppose you'd like to (think you) know where move originates.

 

[Real Money]

I'm referring to (not looking now) an understanding of synthetics in cash-markets. The only utility would be shorting some HTB thing like GME. You need to know where the fwd is if you're trading vol but again, no benefit to D1 Either he's RegT or RBH, and that's simply 4X intraday or 15% concentrated. If D1 then no vol-component nor any need for BS like dealer-gamma positioning or Greeks. Factor returns, baskets, sure. Anyway, I don't get the point other than some ppl know things and others don't. I suppose you'd like to (think you) know where move originates.

For greeks, yea you're right, but mega cap implied is always involved. With synthetics, just a basic understanding of replication is what I meant -- that options are a spanning set.
I was thinking more like synthetic futures, i.e. index spreads, or pricing a synthetic index in the cash market. Ex: Sector spread - long/short XLK/XLF or long cap weighted short price weighted (beta ratio spread). Even a basic understanding of RegT vs SPAN is not present in discussions.

 

[Amos.davis]

I am a scalpng trader,
and I trade at the tick level,
fully automated programmatically

There is a basic fact that is correct. From a decade or more, only low profits with low risks are reliable financial models. Therefore, scalping does not violate this principle.

从 1987 年开始从事剥头皮交易，从未搞清楚日内交易。到目前为止，这是我一生中最艰难的挑战。年轻时每天会进行 300 笔交易，每次 1-3 个点，平均下跌，不使用止损，几秒钟内反转。花了 7 年时间才掌握它，刚开始的时候，经纪公司允许我整天打电话到交易大厅。个人电脑允许我每笔交易赚取更多利润。



我永远不会建议新手交易员在达到更高时间范围内的专家水平之前进行剥头皮交易。这种交易方式会把你打得落花流水，让你在多年后才变得熟练。当你经验丰富时，你会明白少即是多，追求非常低的亏损率，但你会发现大多数模式的获胜率都不够高，期货佣金确实会蚕食利润。在游戏中呆得足够久，你会发现从未写过的很少亏损的模式，然后你就可以自动化它们。模式出现的频率足够高，但必须非常快才能进入，每天 24 小时赚取 1-5 个点。



如果我在 37 年前就知道最初 14 年取得优异成绩有多么困难，我就会坚持投资长期商品，因为这将花费更少的时间，并能带来更多的总体利润。



真正的黄牛党永远不会分享，他们花费了数千小时、数十年的时间来测试和交易模式。



每天进行 300 笔交易通常是一种“感觉”，即在 2 个最小支撑阻力线附近徘徊数秒。我有个朋友偶尔会在开车时喊出价格并告诉他在哪里进行 B/S，我通常会在 12 笔交易中获利 11 笔。但日内交易我很烂。



低支撑买入，高阻力卖出，风险最低。

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.

 

[Frederick Foresight]

They just gave their personal opinions on what scalping is or is not

Well, in their defense, I think it's important that everyone is on the same page before a meaningful discussion can ensue.

 

[Frederick Foresight]

Out of the box replies don't appear on a schedule.

Don't you just hate that.

 

[Frederick Foresight]

I agree, it also sounds like OP is looking for a forum and members that are going to spoon-feed him a strategy and all the information that he wants.

As we all know it doesn't work that way, unless you are prepared to pay big money for top educators or courses.

Yeah, but I imagine even their offerings are the unhealthy ultra-processed food variety.

 

[Frederick Foresight]

most of what im asking are just technical questions about how stock market works or the mechanics of the market

Damn. I don't think I quite understand the question.