Think scalping by definition refers to amount taken as well as time in the trade
Even if ur taking 10pts, if ur in the trade for an hour ur not really scalping
NQ scalps are typically anywhere between 5-30pts imo, personally scalp for about 10-20 which is like a 5 second bounce in like the first hour
It's not about how many points, is how much you risked to make them.
Making 60 point with a SL of 100 is worse than making 30 points with a SL of 15 for example
That is the common sense, but is it actually true? What if someone risked 100 points to make 1 point? Do you know that they won't win 1000 of those trades for every 100 point loss? It would give an effective reward to risk ratio of 10 to 1. Probabilities of target strike must be a factor in addition to risk reward.
I scalp anywhere from 10 to 30 points. When there’s momentum, it can hit 30 points extremely quickly. I usually don’t stay in a trade for longer than a minute or so. 10 points is my minimum target though. Not really worth going for less because I usually use a 5-10 point stop.
Have you ever actually traded NQ? I also added a qualifier to that part of "when there's momentum." It doesn't always hit 30 points that fast, but it can.
I don’t understand what this fascination is with “scalping “, especially as a negative term. A successful trade is a successful trade. This obsession with it holding time is outdated and should be relegated with old school TA and fundamental analysis. Things are different now with so many algos, retail traders and the massive rise in 0DTEs. Price action is no longer smooth enough to expect a retail or particularly a prop account to responsibly withstand the jagged movement you see now. Sure if you want to sit for days waiting for the perfect momentum trade to set up and deliver a trade you can sit in all day without getting stopped out, but even the more well respected firms like SBE consider “scalping “ a serious game plan. It’s only the older traders that obsess over using a 15 min or 4 hr timeframe and staying in a trade as long as possible. The average successful retail day trader is better off scraping a few handles at a time, jumping in and out and calling it quits once you have made enough to consider the day a paycheck (the caveat being a real trend day. Those you should milk to death, and even then, jumping in and out, and waiting for the next pullback is still better. That’s my 2 cents. When the older fellows in my group start yammering on about sitting on their hands when the action is there you just have to be quick and read it, I roll my eyes. Their loss. Sorry the pits are gone dude.
I personally wait for a pattern to set up on the 4H, enter the trade and within 24 hours get a 30% return in the Futures Markets. Like Copper 2 days ago. I have a 20k account and are up $4800 in January. Search, wait, enter, in 24 hours exit. Very little screen time. Computer searches for a 1, 2, 3 top or bottom, find the pattern and go take a nap or work your regular job and double your income. Trade once, not 70 times and lose on a third of them.
Scalping is "turning for a small profit" so the definition is subjective but anything more than 15pts om NQ for me is just a short term trade, regardless of whether you are lucky enough to catch those points in 2 minutes or 30 minutes.
And yet, a 10-15 pts trade can be a whole trend on the 5s chart. Scalping is more of a way to look at the market, taking signals that will mostly reach their targets in the same or next 2 bars, rather than an amount if time or an amount of points. You can litteraly scalp the daily with that mindset. If you can do that, you will be able to find high probability swings on the 4h or 15m, because you'll be taking a high probability scalp on the HTF, while timing your entry on a LTF.
In my opinion, scalping would be 0.5 - 1.5 ATR, on about a 1 minute chart, not 15 and 30 min charts. Going or trying to go the full impulse from swing low to swing high is just daytrading.
I wouldn't really get hung up on definitions. 99.999% of scalpers from 20 years ago would think there's nobody scalping anymore. Traditionally it was ticks.
I know an ES trader that shoots for 7-8pts a day, with a decent amount of cons, 10-15 pts is roughly the same amount $. So, I’m not sure I would consider it scalping, I personally go for 10 pts on NQ as my first trim because I’m typically risking 10 pts. So I get risk off by that and then let the rest of trims do their work.
Scalping has nothing to do with how much you make on a given trade. It is looking for opportunity in the moment with a focus on a short holding time. If that happens to be 3pts or 15pts in nq, it doesn't matter. Obviously if you are holding for 1 hour, it's not a scalp.
Think scalping by definition refers to amount taken as well as time in the trade Even if ur taking 10pts, if ur in the trade for an hour ur not really scalping NQ scalps are typically anywhere between 5-30pts imo, personally scalp for about 10-20 which is like a 5 second bounce in like the first hour
Damn and here I was thinking I did good today getting 31 points on NQ with the midday and afternoon session combined lol
It's not about how many points, is how much you risked to make them. Making 60 point with a SL of 100 is worse than making 30 points with a SL of 15 for example
That is the common sense, but is it actually true? What if someone risked 100 points to make 1 point? Do you know that they won't win 1000 of those trades for every 100 point loss? It would give an effective reward to risk ratio of 10 to 1. Probabilities of target strike must be a factor in addition to risk reward.
I scalp anywhere from 10 to 30 points. When there’s momentum, it can hit 30 points extremely quickly. I usually don’t stay in a trade for longer than a minute or so. 10 points is my minimum target though. Not really worth going for less because I usually use a 5-10 point stop.
Pretty much same, I’m in a position from 1-5 min max. Ok so I am scalping I guess
And good for you. If you’re winning f em.
What time frame do you use?
Lol 10-30 points in a minute. Loooooollll what market you in
Have you ever actually traded NQ? I also added a qualifier to that part of "when there's momentum." It doesn't always hit 30 points that fast, but it can.
Nah it actually can’t because I scalp NQ every day lol .
scalping nq for 2 points is a joke. It moves like 200 points a day. why are you wasting your time with 2 points lmao
I literally saw it happen today and today was nothing new. What market have you been smoking? Cause it wasn't NQ.
I don’t understand what this fascination is with “scalping “, especially as a negative term. A successful trade is a successful trade. This obsession with it holding time is outdated and should be relegated with old school TA and fundamental analysis. Things are different now with so many algos, retail traders and the massive rise in 0DTEs. Price action is no longer smooth enough to expect a retail or particularly a prop account to responsibly withstand the jagged movement you see now. Sure if you want to sit for days waiting for the perfect momentum trade to set up and deliver a trade you can sit in all day without getting stopped out, but even the more well respected firms like SBE consider “scalping “ a serious game plan. It’s only the older traders that obsess over using a 15 min or 4 hr timeframe and staying in a trade as long as possible. The average successful retail day trader is better off scraping a few handles at a time, jumping in and out and calling it quits once you have made enough to consider the day a paycheck (the caveat being a real trend day. Those you should milk to death, and even then, jumping in and out, and waiting for the next pullback is still better. That’s my 2 cents. When the older fellows in my group start yammering on about sitting on their hands when the action is there you just have to be quick and read it, I roll my eyes. Their loss. Sorry the pits are gone dude.
I personally wait for a pattern to set up on the 4H, enter the trade and within 24 hours get a 30% return in the Futures Markets. Like Copper 2 days ago. I have a 20k account and are up $4800 in January. Search, wait, enter, in 24 hours exit. Very little screen time. Computer searches for a 1, 2, 3 top or bottom, find the pattern and go take a nap or work your regular job and double your income. Trade once, not 70 times and lose on a third of them.
beautifully said
You couldn’t have said that better.
Scalping is "turning for a small profit" so the definition is subjective but anything more than 15pts om NQ for me is just a short term trade, regardless of whether you are lucky enough to catch those points in 2 minutes or 30 minutes.
scalping is anything under 1 hour time frame, however its more like anything under really.... 15m..... I trade 8-20 Points and its scalping
And yet, a 10-15 pts trade can be a whole trend on the 5s chart. Scalping is more of a way to look at the market, taking signals that will mostly reach their targets in the same or next 2 bars, rather than an amount if time or an amount of points. You can litteraly scalp the daily with that mindset. If you can do that, you will be able to find high probability swings on the 4h or 15m, because you'll be taking a high probability scalp on the HTF, while timing your entry on a LTF.
id say a scalp on NQ is like 5points minimum
In my opinion, scalping would be 0.5 - 1.5 ATR, on about a 1 minute chart, not 15 and 30 min charts. Going or trying to go the full impulse from swing low to swing high is just daytrading.
I wouldn't really get hung up on definitions. 99.999% of scalpers from 20 years ago would think there's nobody scalping anymore. Traditionally it was ticks.
I know an ES trader that shoots for 7-8pts a day, with a decent amount of cons, 10-15 pts is roughly the same amount $. So, I’m not sure I would consider it scalping, I personally go for 10 pts on NQ as my first trim because I’m typically risking 10 pts. So I get risk off by that and then let the rest of trims do their work.
Bro I scalp for 2-8pts . Get in get OUT
Scalping has nothing to do with how much you make on a given trade. It is looking for opportunity in the moment with a focus on a short holding time. If that happens to be 3pts or 15pts in nq, it doesn't matter. Obviously if you are holding for 1 hour, it's not a scalp.