Learn To Take Losses

[schizo]

Don't know how to do that scalping with tick chart.

It's the same as any other chart. You specify the price you wanna enter the trade (for limit orders) or simply hit the button for market orders

But first, how long do you hold your scalp once you enter the trade? If it's like only 3 seconds, then yeah there's nothing I can suggest. But if your scalp is at least 1 minute or longer, you can use limit orders and accurately time your trades.

Also when you enter, do you usually know where you want to enter in advance? Or do you enter haphazardly on a whim? If former, you should definitely use limit orders. If latter, well, you need a lot of help.

There is a built-in bid/ask slippage which you cannot disable or change when you trade market orders. The sim software has a 500 ms built-in delay, (and a 1 sec delays in quote), which when I disabled both, produced superior results. With them produced inferior results.

Don't use the built-in delay because that's the same thing as trading with a delayed chart. But when you're on a sim, you really should not use market orders. It kinda defeats the whole purpose. Just use limit orders but consider slippage and place the order well above the prevailing bid (if going long) or below the ask (if going short).

For instance, if ABC is trading 20 x 20.25 and you plan to go long at 19.50. Enter a limit order at 19.75 with an expectation that there will be a slippage of 0.25.