Anyone scalping the FTSE Futures??

cbrads said:
There's a difference between thinking you have an edge and knowing you have an edge. Are your records good enough to state that you have an edge?
Click to expand...

to answer your question, no i don;t KNOW for certain I have an adge, if I did I'd be trading a real account.

however, i feel i am developing one slowly but surely thru watching charts a lot and trading the DEMO account like it is a reall acct. but not an edge that is based on hard math, simply watching PA and pulling the trigger.

I'll never be much more than this, and thats ok with me if i can just get a feel for it.
 
You had a stop of 30 and you took profits at 10 yesterday = 1:3
You had a stop of 30 and you took profits at 15 today = 1:2
 
cbrads said:
You had a stop of 30 and you took profits at 10 yesterday = 1:3
You had a stop of 30 and you took profits at 15 today = 1:2
Click to expand...

ok. i'd consider myself more of a scalper than anything else. i'm not sure if scalpers look at it your way, or do they? scalpers are just chipping away, sometimes they get caught in a draft, up or down. mostly they just chip away, agreed?

when your scalping you don't have luxery of tossing out a sharpe trade, and then go make a sammich. your GLUED, try eek out few ticks and get lucky with the draft.

i just love it when i see here. "ya bee back in 4 hrs to check on my trade" :D
 
If you can make money with those R:Rs good for you, but the only thing that gets chipped away is your account IMO and IME (experience)
 
cbrads said:
If you can make money with those R:Rs good for you, but the only thing that gets chipped away is your account IMO and IME (experience)
Click to expand...


ok. if i have a 30 tick stop what would you consider the reasonable trgt? 90 ticks??
 
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to ME this is down & dirty, trench warfare. INFANTRY. Take that HILL!

from many here i take, this is a math project. i

is this how most you approach trading? poindexter spreadsheet calculations?
 
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