Minimum Scalp Expectation for TF

[Dstarsfan555]

Greetings all,

I have a quick question on minimum moves in the TF, CL and QM to be considered a successful scalp.

As an example, in the ES a valid signal is deemed to have failed if the trade is triggered and the market does not yield a net 4 tick ($50) scalp.

Does anyone know if there is a universally accepted minimum scalp targets for the TF, CL or QM.

I trade 5 minute bar charts if that is applicable.

I've posted this in the index and energy futures sections as it's applicable to both.

Many thanks,

DSF

 

[Mvector]

I trade russell 3 to 1 risk/reward only with 8 tick stop and 24 tick first target from what I learned trading scalp momentum trades. I trade CL and 6E with same method I learned and this works for me with good trade plan.

http://www.youtube.com/watch?v=LLxjm-mEzI8&feature=related

 

[Dstarsfan555]

Thanks Mvector

 

[tenthousandmen]

Quote from Dstarsfan555:

Greetings all,

I have a quick question on minimum moves in the TF, CL and QM to be considered a successful scalp.

As an example, in the ES a valid signal is deemed to have failed if the trade is triggered and the market does not yield a net 4 tick ($50) scalp.

Does anyone know if there is a universally accepted minimum scalp targets for the TF, CL or QM.

I trade 5 minute bar charts if that is applicable.

I've posted this in the index and energy futures sections as it's applicable to both.

Many thanks,

DSF

Are you referring to the four ticks as the minimum where you need to make money before commission? (and maybe slippage)... 4 ticks is allot, should be 2 or 3 IMO.