Suicidal?
What's it like to be an ES scalper these days?
- Thread starter SoesWasBetter
- Start date
Do your own thing (whatever method you prefer) -- Just assume everyone is a losing trader,
Being a successful trader is like being Indiana Jones -- just because everyone else failed, that don't mean he should not pursue The Holy Grail,
It's when you start to ask for confirmation...that's when you start to fall into group/sheep think,
As Morpheus would say: Free Your Mind.
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I never understood why there are so many ES scalpers, or in other words aspiring young ES scalpers. I get how it is ultra liquid, but most are not big traders. 10 lot 20 lot, etc.
Why would all of these aspiring traders choose ES and trade mostly noise, when there are so many other futures contracts with solid set ups. ES sets up nice, but not ever hour... in my opinion.
I trade about 7 different contracts, this week I've seen no quality trades in Equities, been trading energy CL and NG.
Why would all of these aspiring traders choose ES and trade mostly noise, when there are so many other futures contracts with solid set ups. ES sets up nice, but not ever hour... in my opinion.
I trade about 7 different contracts, this week I've seen no quality trades in Equities, been trading energy CL and NG.
Well, it has had to change cause of computerization eventually, it you think "retail" is going to be fastest than most or me, you can forget about it, has to be automation on one minute bars or lower. Best to go to day trading and going for more than ticks-like 2-20 points, plus those who use to teach scalping, extremely hard as you going to be another one to trade against.
We ALL have differences on experience and computer skills, where one does not see quality choices, others just trade. All depends on methods, time durations, contracts pushing, time of the hour, reports. I love automation now and always had fought doing it, just gives so much more time to test, ideas hardly ever stop-we doing what we love, the GAME.
We ALL have differences on experience and computer skills, where one does not see quality choices, others just trade. All depends on methods, time durations, contracts pushing, time of the hour, reports. I love automation now and always had fought doing it, just gives so much more time to test, ideas hardly ever stop-we doing what we love, the GAME.
