wtf bros
So today in my attempt to scalp profitably (demo) I tried a few things:
a) I began trying to use the DOM and trade into imbalances. This worked randomly but I kept getting stopped out (on the NQ). So every time I got stopped out, I increased the SL. Started with 2 and 2. That didn't work. 2 and 3. 2 and 5. 3 and 5. 3 and 7. etc.
I quickly realized this isn't possible (for me) on the NQ.
So I moved on to scalping from the charts.
b) I created a system that works (nearly) perfectly on paper. I'm talking 9/10ish win ratio with 2:8 profit margin. So (without commissions) this is like +10 points for every 10 trades. 9*2 - 8. Since I won't use the DOM (see a)), I had to manually enter limit orders on the close of candles. HOWEVER when the previous candle closes, the next one prints too late. Is this a software/datafeed issue? So you have like, instead of printing the first point, it prints like with a base and a low and growing already. So this makes execution really hard.
So
c) I decided instead of this awesome system, I would just enter with two and take the first one off at the target profit (2 or 3) and then let the other one goooooo.
THIS LIKE LITERALLY DOES NOT WORK.
I ended up with heaps of trades that got the +3 profit and then -8 for the other one. So each trade was a net loser.
Except for the one or two randoms that went in my favor.
Is scalping and having one stay open to catch trends unrealistic?
So today in my attempt to scalp profitably (demo) I tried a few things:
a) I began trying to use the DOM and trade into imbalances. This worked randomly but I kept getting stopped out (on the NQ). So every time I got stopped out, I increased the SL. Started with 2 and 2. That didn't work. 2 and 3. 2 and 5. 3 and 5. 3 and 7. etc.
I quickly realized this isn't possible (for me) on the NQ.
So I moved on to scalping from the charts.
b) I created a system that works (nearly) perfectly on paper. I'm talking 9/10ish win ratio with 2:8 profit margin. So (without commissions) this is like +10 points for every 10 trades. 9*2 - 8. Since I won't use the DOM (see a)), I had to manually enter limit orders on the close of candles. HOWEVER when the previous candle closes, the next one prints too late. Is this a software/datafeed issue? So you have like, instead of printing the first point, it prints like with a base and a low and growing already. So this makes execution really hard.
So
c) I decided instead of this awesome system, I would just enter with two and take the first one off at the target profit (2 or 3) and then let the other one goooooo.
THIS LIKE LITERALLY DOES NOT WORK.
I ended up with heaps of trades that got the +3 profit and then -8 for the other one. So each trade was a net loser.
Except for the one or two randoms that went in my favor.
Is scalping and having one stay open to catch trends unrealistic?
