Scalping_My Way with ACV

[volpri]

As far as "Overnight" goes - got nothing against him - I wish him all the best with his trading - traders have to find out what works best for them. Many traders - probably Most traders - do not believe in Scalping - and that is okay.

In my very early days - I worked - was an investor in the Stock Market. Got into part-time trading in the early to middle 1990's - eventually stopped working - went full-time trading.

I just prefer Scalping - probably because I grew up on an Indian Reservation in Montana - and both my Brothers-in-Laws are American Indian - and they taught me how to Scalp - lol.

I still scalp - inside the bars - and yes - I did automate it - however - I still love Discretionary trading the Signals - keeps my old brain active. Based on what I see on the chart - sometimes I will do a Scalp_Trend combination trade - take most of the contracts off at a couple ticks - then have a Runner. Got you beat on Age - getting close to middle 70's now - of course - that is nothing to brag about - as I will probably also die sooner - lol.

Because of Covid-19 - I haven't been back to California for over a year and a half. There is a Starbucks in the Encinitas area - a block or so from the beach - which was (and still is) - my favorite Starbucks. The first time I went there - my lady and I were staying at a hotel in Del Mar - just a short distance from Encinitas. I got up early one morning - drove to that Starbucks - got a Frappuccino - started trading. I was on Skype - talking to a client in the London, UK area. We were trading together - then I stopped talking - he asked - is everything okay - I told him yes. Well - it was a beautiful Sunny morning - and what caused me to stop talking for a bit - was all these girls stopping in at Starbucks - in Bikinis - on the way to the beach - walking distance from Starbucks. It was a constant stream of girls. I finally had to stop trading - as I couldn't focus - and I lost on some trades. Since I am a Scalper mainly - I really have to focus - and make quick decisions on a trade - and even though I was a lot younger then - those damn girls caused me problems - I know traders will feel sorry for me - having to see that - but I only had honorable thoughts - lol. I told my client - I would get back to him - in a little while. I drove to another Starbucks - just a couple miles away from the beach - contacted him again. He was laughing so hard - neither one of us could trade for awhile - lol. That was a long time ago - but I still go there when I go to Southern Cal. When all this Covid-19 stuff is over - I will be going back - we love that area. Of course now - at my age - I will probably have a heart attack - just seeing all those girls in bikinis - but it would be a good way to go - at least I am sure - I would die with a happy smile. As I am typing this - had a thought - that Starbucks - maybe we should get a group of us perverts - I mean traders - together - have a Meetup at that Starbucks - on a beautiful Sunny morning - see who could lose the most money - watching the Bikini show.

However..................

Based on what has happened lately - in my thread - I will probably be leaving the forum again - very soon. I have many friends - in this forum - so it will be hard to leave - but I don't have time nor do I care to deal with childish traders throwing tantrums - NOT talking about Overnight - I am okay with him - it was another so called trader - who also went into another thread - when he got Blocked from my thread - and put a picture of him getting Blocked - and posting more BS. Overnight got Blocked also - didn't mean for him to get blocked - but I had contacted Magna to let him know what was going on. Not going to look for it now - but in my thread - not to long ago - I believe I mentioned that Overnight could come see my charts in Real Time - but then again - I may have just been thinking about that - lol. I got NOTHING to Hide and there are other traders in this forum - that have seen my Algos in Real Time.

I was seriously thinking about Sponsoring "Strategy Building" - until this happened - really turned me off. Awhile back - I had contacted Baron - but due to some health issues - decided not to do it at the time. If I did Sponsor - "Strategy Building" - and this happened again - I would be just wasting money. The main reason for Sponsoring - is just to help other traders - I enjoy doing it - when I have time. I have someone in mind - that I have known for years - that would handle the day to day stuff - as I have clients I work with.

I wish all traders much success - even traders I don't care about. We have a short time in this world - we should use that time to be the best that we can be. I am far from perfect - and I can be a Total A$$hole at times - which my lady can verify - but I do try to do good most of the time - lol. When I am an A$$hole with my lady - it usually cost me money - end up having to buy something for her - not too smart on my part - lol.

View attachment 266843

As far as age they say: “he who has more birthdays lives longer!” Yes life is short. Many folks forget that.

I have a journal on ET where I make detailed posts explaining how I trade. It takes up a lot of my time. I have nothing automated. All is discretionary.

Scalping and bikini clad girls are not compatible events at the same time.

My family belongs to an American Indian Tribe.

I don’t know if you still do 2 tick scalps or what, but I can say that there is high probability of capturing two ticks on say 4 or even 10 contracts in seconds if one keeps their SL far enough in the background. And if one gets caught blindsided exit immediately double up size and scalp for 2 to 3 ticks in the opposite direction. The loss will likely disappear in seconds and the coins soon jingling again in the account.

I only figure “actual risk” plus 1 tick AFTER the trade is completed as opposed to initial risk when attributing R:R. Initial SL is only there for unexpected events.

 

[VSTscalper]

As far as age they say: “he who has more birthdays lives longer!” Yes life is short. Many folks forget that.

I have a journal on ET where I make detailed posts explaining how I trade. It takes up a lot of my time. I have nothing automated. All is discretionary.

Scalping and bikini clad girls are not compatible events at the same time.

My family belongs to an American Indian Tribe.

I don’t know if you still do 2 tick scalps or what, but I can say that there is high probability of capturing two ticks on say 4 or even 10 contracts in seconds if one keeps their SL far enough in the background. And if one gets caught blindsided exit immediately double up size and scalp for 2 to 3 ticks in the opposite direction. The loss will likely disappear in seconds and the coins soon jingling again in the account.

I only figure “actual risk” plus 1 tick AFTER the trade is completed as opposed to initial risk when attributing R:R. Initial SL is only there for unexpected events.

Volpri,

I enjoy you Journal - look at it often.

I do have several CTA's and CPO's that use my Algos - and it is up to them to trade Full Auto - or Discretionary. Personally - I trade Discretionary. I am in the Seattle area - and while I have Gig Internet - and low Latency - I just don't trust it too much. Setups in Chicago - where the Matching Engine is in Aurora - that is where Full Auto has a chance to work - straight shot to the Matching Engine Servers.

My lady actually likes it when I go to that Starbucks in Encinitas - because she benefits from it - later on - lol. Maybe someday - several of us Perverts - I mean Traders - can meet there - but the only problem with that is - we will probably need a few Ambulances on Call - in case of Multiple Heart Attacks.

Most of my trades are 2 Ticks or even One Tick at times - depending on the speed of the market. However - as I said previously - I will often do Scalp_Trend trade combinations - say I trade 10 contracts - I would Book Profit of 2 Ticks - on 8 or 9 contracts - then have a Runner on the Remaining contracts. It depends on how fast the market is moving - and how far away the Next Support or Resistance is from the Entry. And to do a Scalp_Trend - I want the market moving Fast. To me - a Slow Market is a Dangerous Market. Slow Markets are where you see Sideways Movement - and that is where I change my strategy - which I call a Range Condition - Draw a Box - add a Centerline - then trade based on my Green and Red Dots - until I get a Breakout. Everything I do in Trading - is based on Very Strict and Specific Rules - that I ALWAYS Follow.

I believe I said this before - but I had a Booth - at the Traders Expo at Bally's Casino - in 2003 - and again - when they had it in San Diego at a Marriot (if I recall correctly) - I believe it was 2007. I think I even mentioned the San Diego Traders Expo early in this thread. At both Expos - I trade Real Money - Scalping - as traders walked by - it was fun. I had a lot of traders at my Booth - as I believe I was the only trader - trading Live - with Real Money. Even the big companies that were there - did NOT trade Real Money. At the Expo in San Diego - Eliot - one of the owners of the old Mirus Futures - and Ray - the owner of NinjaTrader - were in my booth with me. The Expo lasted for 4 days - can't remember - and at the end - I put on a 3 Day Seminar on Saturday - Sunday - and Monday at the hotel I was staying at - where Eliot and Ray (both good guys) were in attendance and helped me - so I have some damn good witnesses - that I did trade - with Real Money. And on Monday - I had setup 5 - Real Money accounts - for traders who paid to come to the Seminar - to trade. They had no idea - that I would let them trade Real Money accounts - and most were nervous - lol. I wanted them to have a REAL Experience - I accepted the fact - they may lose all the money in the accounts - but luckily they didn't - lol. And the trader that I thought would do the Best - did the Worse - lol. Needless to say - I got several clients - from Both Traders Expos.

Look at my last post in here - I had added a picture of what happened - now the same so called trader - well he may be - but who knows - he "Liked" it. He probably thinks it is funny and proud of himself - which shows the type of person he really is - and I don't really care - P.O.S. people like that mean nothing to me.

Volpri - sometime - if you want to watch my Algo working - Live - Real Time - or just want to know more about how I Scalp - send me a Private Message - we can arrange a time - be more than happy to show and explain My Trading Method. The way I trade - is so damn Simple. Trading Discretionary - if I see a Buy Arrow - instead of just Entering - where I may get Slippage - I will Wait until Price goes Lower than the Arrow - then hit a Market Order - in which case - I may get the Arrow Price - or now and then - get the Better Price. Just the Opposite for Shorts. Sometimes - I may Miss a Trade - because Price didn't do what I wanted - as I just explained. I NEVER - Force trades - that I shouldn't be in. There are so Many Great Opportunities each day - that there is NO NEED to Force a trade - if that makes sense.

I am NOT interested in getting clients from the forum - happy with my current clients. There will be absolutely NO PRESSURE - to sell anything. That goes for other traders as well - if a trader needs some help - and if I have time - be more than happy to help. This may change soon - if I decide to leave ET.

 

[volpri]

Volpri,

I enjoy you Journal - look at it often.

I do have several CTA's and CPO's that use my Algos - and it is up to them to trade Full Auto - or Discretionary. Personally - I trade Discretionary. I am in the Seattle area - and while I have Gig Internet - and low Latency - I just don't trust it too much. Setups in Chicago - where the Matching Engine is in Aurora - that is where Full Auto has a chance to work - straight shot to the Matching Engine Servers.

My lady actually likes it when I go to that Starbucks in Encinitas - because she benefits from it - later on - lol. Maybe someday - several of us Perverts - I mean Traders - can meet there - but the only problem with that is - we will probably need a few Ambulances on Call - in case of Multiple Heart Attacks.

Most of my trades are 2 Ticks or even One Tick at times - depending on the speed of the market. However - as I said previously - I will often do Scalp_Trend trade combinations - say I trade 10 contracts - I would Book Profit of 2 Ticks - on 8 or 9 contracts - then have a Runner on the Remaining contracts. It depends on how fast the market is moving - and how far away the Next Support or Resistance is from the Entry. And to do a Scalp_Trend - I want the market moving Fast. To me - a Slow Market is a Dangerous Market. Slow Markets are where you see Sideways Movement - and that is where I change my strategy - which I call a Range Condition - Draw a Box - add a Centerline - then trade based on my Green and Red Dots - until I get a Breakout. Everything I do in Trading - is based on Very Strict and Specific Rules - that I ALWAYS Follow.

I believe I said this before - but I had a Booth - at the Traders Expo at Bally's Casino - in 2003 - and again - when they had it in San Diego at a Marriot (if I recall correctly) - I believe it was 2007. I think I even mentioned the San Diego Traders Expo early in this thread. At both Expos - I trade Real Money - Scalping - as traders walked by - it was fun. I had a lot of traders at my Booth - as I believe I was the only trader - trading Live - with Real Money. Even the big companies that were there - did NOT trade Real Money. At the Expo in San Diego - Eliot - one of the owners of the old Mirus Futures - and Ray - the owner of NinjaTrader - were in my booth with me. The Expo lasted for 4 days - can't remember - and at the end - I put on a 3 Day Seminar on Saturday - Sunday - and Monday at the hotel I was staying at - where Eliot and Ray (both good guys) were in attendance and helped me - so I have some damn good witnesses - that I did trade - with Real Money. And on Monday - I had setup 5 - Real Money accounts - for traders who paid to come to the Seminar - to trade. They had no idea - that I would let them trade Real Money accounts - and most were nervous - lol. I wanted them to have a REAL Experience - I accepted the fact - they may lose all the money in the accounts - but luckily they didn't - lol. And the trader that I thought would do the Best - did the Worse - lol. Needless to say - I got several clients - from Both Traders Expos.

Look at my last post in here - I had added a picture of what happened - now the same so called trader - well he may be - but who knows - he "Liked" it. He probably thinks it is funny and proud of himself - which shows the type of person he really is - and I don't really care - P.O.S. people like that mean nothing to me.

Volpri - sometime - if you want to watch my Algo working - Live - Real Time - or just want to know more about how I Scalp - send me a Private Message - we can arrange a time - be more than happy to show and explain My Trading Method. The way I trade - is so damn Simple. Trading Discretionary - if I see a Buy Arrow - instead of just Entering - where I may get Slippage - I will Wait until Price goes Lower than the Arrow - then hit a Market Order - in which case - I may get the Arrow Price - or now and then - get the Better Price. Just the Opposite for Shorts. Sometimes - I may Miss a Trade - because Price didn't do what I wanted - as I just explained. I NEVER - Force trades - that I shouldn't be in. There are so Many Great Opportunities each day - that there is NO NEED to Force a trade - if that makes sense.

I am NOT interested in getting clients from the forum - happy with my current clients. There will be absolutely NO PRESSURE - to sell anything. That goes for other traders as well - if a trader needs some help - and if I have time - be more than happy to help. This may change soon - if I decide to leave ET.

Thanks for taking the time to look at my journal. When I get some free time I might just take you up on your offer to look at how you trade. IMO it is a good thing to never stop learning. I try to show how I scalp so if anyone who wants to check it out they can. It may or may not work for them. Each trader has to decide what floats their boat. I am always open to how others trade because I figure I may just learn something new, perhaps a new way of looking at things that may help me improve my trading even more.

When I was younger I wanted to learn programming but never got around to it so I have to do everything manually and discretionary. It does keep my brain working and I love the challenge everyday that I am able to trade. Pitting my wits against the market. To try and figure out where it is likely to go. And to have a plan in place when I am wrong.

 

[VSTscalper]

Thanks for taking the time to look at my journal. When I get some free time I might just take you up on your offer to look at how you trade. IMO it is a good thing to never stop learning. I try to show how I scalp so if anyone who wants to check it out they can. It may or may not work for them. Each trader has to decide what floats their boat. I am always open to how others trade because I figure I may just learn something new, perhaps a new way of looking at things that may help me improve my trading even more.

When I was younger I wanted to learn programming but never got around to it so I have to do everything manually and discretionary. It does keep my brain working and I love the challenge everyday that I am able to trade. Pitting my wits against the market. To try and figure out where it is likely to go. And to have a plan in place when I am wrong.

Volpri,

I have been testing - but not actually trading - some new code for over a week now. Both charts show the ES - One Tick Range Bars - with the Top chart Scalping for One Tick - and the Bottom chart setup as a Stop and Reverse. Absolutely NO Backtesting_Optimizing - just put in how many Ticks you want to go for - with what I call my Disaster Stop - which in this case is just a few ticks. Of course - it would be hard to trade it Discretionary on a Fast chart - but it works on Slower charts as well. The purpose of the test - is just to make sure the Signals are accurate. The results are for 10 days.

This is what I call my Dirty AI code - lol. I believe I said in a previous post - I live between the Main Microsoft Campus in Redmond,WA - and the Google Campus in Kirkland,WA - and have programming friends at both. I have picked their brains some - and all it really cost me - are Frappuccinos or Macchiatos at Starbucks - lol. We do Meetups together. One of my good friends - is a Project Manager at Microsoft. I used to code a lot in C# - but stopped for a while - focusing on MultiCharts PowerLanguage. I have just finished converting some of the code to MultiCharts.NET C# - although I am not sure there are really any advantages over the older PowerLanguage.

Personally - based on years of experience - Backtesting_Optimizing - usually systems will fail - and quite often - in a short period of time. Then - you have to Backtest_Optimize again. While I can do that with my code - with the way I code now - there is NO NEED. I am only concerned - about what is happening on the Current Bar - not 30 days ago - not 120 days ago - not One or more Years ago.

Attached - screenshots of the Algo - on a One Tick Range Bar. Click on the picture to make it bigger.

 

[volpri]

Volpri,

I have been testing - but not actually trading - some new code for over a week now. Both charts show the ES - One Tick Range Bars - with the Top chart Scalping for One Tick - and the Bottom chart setup as a Stop and Reverse. Absolutely NO Backtesting_Optimizing - just put in how many Ticks you want to go for - with what I call my Disaster Stop - which in this case is just a few ticks. Of course - it would be hard to trade it Discretionary on a Fast chart - but it works on Slower charts as well. The purpose of the test - is just to make sure the Signals are accurate. The results are for 10 days.

This is what I call my Dirty AI code - lol. I believe I said in a previous post - I live between the Main Microsoft Campus in Redmond,WA - and the Google Campus in Kirkland,WA - and have programming friends at both. I have picked their brains some - and all it really cost me - are Frappuccinos or Macchiatos at Starbucks - lol. We do Meetups together. One of my good friends - is a Project Manager at Microsoft. I used to code a lot in C# - but stopped for a while - focusing on MultiCharts PowerLanguage. I have just finished converting some of the code to MultiCharts.NET C# - although I am not sure there are really any advantages over the older PowerLanguage.

Personally - based on years of experience - Backtesting_Optimizing - usually systems will fail - and quite often - in a short period of time. Then - you have to Backtest_Optimize again. While I can do that with my code - with the way I code now - there is NO NEED. I am only concerned - about what is happening on the Current Bar - not 30 days ago - not 120 days ago - not One or more Years ago.

Attached - screenshots of the Algo - on a One Tick Range Bar. Click on the picture to make it bigger.

View attachment 267105

I can’t scalp that fast! I usually go for 1 to 8 points in the Es. Most are 1 to 3 points. I never backtest. I look at the larger, the medium, and the immediate context for the trading session on the TF I am trading. Since the market has inertia and tends to keep doing what it is doing “until” LOL it doesn’t, I try to capitalize on that tendency. The current bar, for me, is PART of the immediate context. And is obviously where entries and exits take place. It is also the immediate of dynamics (“how” price was made and not just that it was made).

 

[VSTscalper]

Today - I am going to open a Zoom Room at 10 am PST - keep it open for a couple hours or so - the subject will be about Scalping - My Way.

This may help some traders - while other traders might think it is BS - doesn't matter to me. There will be NO Sales Pitch - as I already have clients - don't need more.

I have been trading this way for many years - very simple. This - may or may not work for other traders.

I haven't used Zoom for a long time now - so hopefully - the following link will work.

Zoom entry - Cancelled

Doesn't seem to be working in Zoom - more than likely I am the problem. Going to cancel Zoom. We can try Skype - fctcloudrooms

If you see this later - and you want to see it in Real Time - Skype me - if I have the time - I will let you watch - and explain the trading method.

 

[VSTscalper]

On Saturday - 02-12-22 - I will do a Webinar (Totally FREE) - starting at 7:30 am to 9:00 am - Pacific Time (Seattle area). I will be showing a Discretionary Trading Method - which I have used for many years. I still trade it now and then - but now I mostly trade my Algos.

Go to #318 on page 32 of this thread - you will see what I will be discussing. Click on all 4 snapshots - to see what I will be talking about. There are many trades available each day - with this setup. I used this trading method for years - to make my Net Daily Goal (NDG) - within the first 2 hours of trading. I didn't always make my NDG - but I did consistently make profits. Of course - I had Losses - but not many - compared to when I used to use SEVERAL Indicators on my charts.

NOT selling anything - NOT wanting to Train anyone. The Top Chart - you just need Support and Resistance - the Bottom Chart - you can use a One Tick Range Bar - YOU DO NOT need my exact setup. While my Bottom Chart - has a Coded Green and Red Dots - based on a One Tick Range Bar - which I prefer - you do NOT actually need them. Before I developed the Green and Red Dots - I used just the One Tick Range Bar.

Going to try Zoom again as I did in my previous post. If I can't get it to work - I will switch over to Skype. My Skype name is in the previous post. I will put the Zoom link in this thread in the morning. Kind of felt retarded the other day - with Zoom - been awhile since I used it - but never had any problems. We shall see if I am retarded - twice in a row - if so - I will blame it on old age.

 

[Overnight]

On Saturday - 02-12-22 - I will do a Webinar (Totally FREE) - starting at 7:30 am to 9:00 am - Pacific Time (Seattle area). I will be showing a Discretionary Trading Method - which I have used for many years. I still trade it now and then - but now I mostly trade my Algos.

Go to #318 on page 32 of this thread - you will see what I will be discussing. Click on all 4 snapshots - to see what I will be talking about. There are many trades available each day - with this setup. I used this trading method for years - to make my Net Daily Goal (NDG) - within the first 2 hours of trading. I didn't always make my NDG - but I did consistently make profits. Of course - I had Losses - but not many - compared to when I used to use SEVERAL Indicators on my charts.

NOT selling anything - NOT wanting to Train anyone. The Top Chart - you just need Support and Resistance - the Bottom Chart - you can use a One Tick Range Bar - YOU DO NOT need my exact setup. While my Bottom Chart - has a Coded Green and Red Dots - based on a One Tick Range Bar - which I prefer - you do NOT actually need them. Before I developed the Green and Red Dots - I used just the One Tick Range Bar.

Going to try Zoom again as I did in my previous post. If I can't get it to work - I will switch over to Skype. My Skype name is in the previous post. I will put the Zoom link in this thread in the morning. Kind of felt retarded the other day - with Zoom - been awhile since I used it - but never had any problems. We shall see if I am retarded - twice in a row - if so - I will blame it on old age.

Dude, you made 550 grand on a $1700 account, net. Nobody is going to join your Zoom/skype session.

Your figures are so ludicrous, it is beyond cringe-worthy.

 

[RedDuke]

VST been here for a while. Things he showed over 10 years ago on ACV are great for short term trading.

 

[VSTscalper]

Dude, you made 550 grand on a $1700 account, net. Nobody is going to join your Zoom/skype session.

Your figures are so ludicrous, it is beyond cringe-worthy.

I don't recall saying I just had a $1700 account - if I did - it was an ERROR - remember - I am old - ERROR prone. Doesn't really matter to me - what you think.