Please comment on this chart if you have time.

SunTrader said:
I trade the one and five minute charts.
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This is the 5.

I guess it could be scalped pretty well?

upload_2023-5-23_0-10-23.png
 
semperfrosty said:
Hey Vin,

Its about $20 per round trip comms.

$25 per point per contract for each point that moves for or against you.
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that's quite alot compare to es round trip contract where it range from $1 - $2 commission depending on your brokers.
 
semperfrosty said:
So if you make $600 for the day(excl door dash) youve caught 12 points?

Or can you catch smaller portion of a point?
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most of the time...smaller porting thru out the day but it adds up. every once in awhile if i trade at night time, i set profit target and stop loss before i go to bed. one time, it captures 10 points when i wake up and i made around $500. i don't trade es exclusively, i also trade crude oil and gold futes too.

are you able to trade es in australia? what is yoru commission for trading es thru ur broker?
 
vincentnyc said:
most of the time...smaller porting thru out the day but it adds up. every once in awhile if i trade at night time, i set profit target and stop loss before i go to bed. one time, it captures 10 points when i wake up and i made around $500. i don't trade es exclusively, i also trade crude oil and gold futes too.

are you able to trade es in australia? what is yoru commission for trading es thru ur broker?
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ill look into it and let you know.
 
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