Scalping: An effective and highly profitable trading strategy
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- Опубликовано: 13 май 2024
- In this video we introduce an effective and highly profitable trading strategy - scalping. Learn more trading strategies here bit.ly/scalpingtradingstrategy
#scalpingtradingstrategy #scalping #daytrading
SMB Disclosures www.smbtraining.com/blog/smb-...
My favorite type of trading. Love getting in and out of the market quick and seeing that profit screen come up multiple times a day.
it's nice
@@smbcapital facts. See the writing on the wall, clip a piece of the move. Great video. No greed in scalping. Its the best! Also, look at Nvidia lol, now it's in the 8 to 900s 😁 🏦
i realized most of the time i was always right in the begining of my trades, then half would go into the red and stop me out, i decided to just scalp trades in and out and have been profitable for years ever since.
I like scalping because it allows me to sleep at night worry-free
Abhi M Me too...
Yes. 100% no watching futures all night lol
@@andersrahm424 I need know how scalping works. Please. How can i reach you privately?
Can You teach me how it's done? Please. how can i communicate with you privately?
@@sammiebeeyah8070 Sammie, you cannot learn scalping(or PDT in general) quickly. Anyone who tells you otherwise is very likely lying to you. Scalping (and PDT) requires a very high level of mental discipline, near flawless order execution, great understanding of what markets and products to choose to scalp, understanding the specifics of these markets and products, significant experience with understanding the price action/indicators of the market->product you scalp, and a fanatical adherence to protecting your capital-accepting losing frequently without it messing with your psyche-sticking to a rigid plan(plan will be based on loss target and the market->product). A note on market-products: most American equities follow SPX/SPY almost to the letter. HFT/Algos are trading precisely on the second to second movement of SPX/SPY. IMHO don't bother with anything, on a given day, mimicking SPY. Find something in play, try a product not connected to SPY or just go play SPY itself.
You want to do this? Start practicing and learning. Use paper trading, take advantage of videos like this, books, learn and learn, month after month after month. You have almost no chance of being profitable without first obtaining significant, months and months, experience. And when you start trading live, most of all, at all cost, learn to lose with grace and a resilient outlook. Pick an amount you can lose (frequently too) that you can be ok with (for example, I can live with losing 45$ or less per round trip). Position sizing and intelligently chosen stop losses will be based on 45$. Ultimately, even if you're in the minority of profitable every month scalpers/PDTs, you will be losing 45$ A LOT of times. You damn well better mentally be able to lose 45$ many times a month else even if profitable you'll be doing harm to yourself in the process. Good luck
Great stuff. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend sara camilla, she is my current trader and her strategies are working
This is not the first time i am hearing of sara camilla and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
Through TELE
GRAM
Saracamilla is the name to look for
What I love about this channel is that they use so many different strategies. To whereas, other channels try to sell you on one style..
Bella's straight-talk coaching is so inspirational! Thanks "big bro" I never had (before) :)
This is hands down one of the best videos I've found on the topic. Thanks for all your work putting it together
@Eric Scott You're right! Investing in Crypto market isn't a myth.
A few years back I felt it was impossible but here I am today...all I had was God and a dedicated broker
Investing in Bitcoin is an essence of gaining financial freedom and stability
@@dodsonleslie1236 I have been investing in Crypto but have had a bumpy ride. How can I reach your broker? I will appreciate any tip or pointers
Plan your trade and grow your portfolio with Debbie's investment/trading services...she's one of the best when it comes to trading bitcoin
@@alantabb9667 Outstanding is the word her knowledge abs expertise as a trader is really extraordinary
All you newbies who want to learn about trading it's very important to learn from the right people (and not some snake oil salesman) These are the people to learn from !!!! 110 %
Thanks a lot David!
agree bro
I am not laughing but I this is great ,reading One good trade plus referring to RUclips videos it's a great for a future female scalper 🙊🤗
Sorry the richest man in babylon
Really helpful overview of the power of "speed trading," (AKA scalping). Thanks!
Thanks to both SMB Capital and Ryan for this video. When I first started trading I mostly scalped using a 1m chart and it typically worked for me. A lot of times the next price level where a security will change direction just seems logical to me.
Lately I've been trying to swing trade, and I'm struggling with that. I've heard Bella say on a number of occasions that as traders we should play to our strengths. I've definitely discovered that this is true, and while I still intend to work on my swing trading, I am going to keep the primary focus on the scalps because it's become apparent that's where my edge is.
As always, thanks for the video.
Beautiful! This is exactly what I've been trying to effectively learn. Mostly scalping E mini and ZB contract. Thank you for sharing this video SMB
OUTSTANDING video! This has been a much needed addition to the trading toolbox. (It was great to hear your professional opinion about the topic as well.) Thanks for sharing!
This guy is one of your best presenters. Clear, articulate, concise, and he speaks at a good tempo.
Ryan is great
I find scalping to be the best from open until 11am
the best time for it
You're right the London/New York overlap defo best time
Eastern?
Do things start to fall apart after 11am?
facts
Thanks Mike for that great intro too. I scalp a lot and sometimes get criticism for being small or 'never going to get into the big plays". Its feels good to know there is a lot of guys out there hitting some big numbers. For me, I have found scalping to keep me almost always green while I work on other bigger plays and getting better day by day with lots of screen time. I think I have finally found my style and will soon be able to check off the 'consistency box' and then began to get bigger. Thanks SMB!!
you are welcome
“In and out in 2 mins” ... I don’t know about you, but, I live my scalping life a quarter second at a time.
I didn’t have a name for what my trading strategy was... until now! I buy the morning dip and watch the end of day trading for spikes, when I sell at a profit. Isn’t always the same day trade... or flip. I buy a lot end of week when job reports or earnings reports come out or Trump fires someone and stocks dip.
If it takes me more than a couple minutes to exit the position, it feels more like a day trade.
Hahaha! Same
Hahaha. We're family
I am about 5-10 seconds per scalp
my favorite times to scalp are at market open when there's tons of premarket volume on some announcement. Like SAVA and TTPH today.
Ive been watching your videos for a while! Surprised you popped up here. Thanks for what you do
How do you buy premarket when the price are up and already high?
How do they tax when you lost of trading? How can people pay tax legally less?
@@Shaniloka369 You need to check the European markets that open at 3:00 am NY time. They do buy these stocks or futures contracts before us, especially when the UK market opens.
Airbnb I hope you scalped your own ticker in that first few minutes of trading, there was a move to scalp
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@@harrisonmichael5047 In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@@georgerobinson2021 Please provide the information for your investment advisor here. I really need it now.
@@harrisonmichael5047 She is MARTHA ALONSO HARA, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@@georgerobinson2021 sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
Great topic!!! I scalp only first 15 minutes at the open. I use ORB/D (1m, 5m or break of the entire range) Signals: technical level break( premarket H, L, YL, YH, YC), candles like (doji, hammer, engulfings..), above or below VWAP and averages, premarket direction often gives me a direction at the open, volume gotta be elevated for me especially to enter inside the first minute. My main signals are coming form LEVEL2 ( big orders sitting on a ask or bid can indicate potential break, T&S accelerating, most transaction going on a ask or bid, look if orders going above or below bid/ask, big prints, notice if price steps down/up and taken quickly, volume profile-notice if more volume done at specific price can indicate a big move, refreshing ECN, hidden buyers/sellers can indicate a move). BUT, before that stock has to have a fresh catalyst, high RVOL +2, just be in play, and clear levels from daily, weekly, and premarket to play against. Additional factors i have to know: float, short float, inst. ownership, ATR. One question i always ask my self is, HOW MARKET PARTICIPANTS VIEW THIS CATALYST AND POSITIONED? Trading is easy if we have a system and stick to it. Take care guys!!!!
Thanks for the input! great stuff
Stock Hi Stock operator. May I ask what time of day do you trade? I found volume seems to completely disappear after 45 minutes or so ( of ny open )
Also, do you go in full position and take profits at certain key levels? Or do you go in with part position and add?
And if I may ask. I understand about the float but do you look at price as well? All the best
valicourt hey, market open. Sometimes it go a full size, sometimes 1/2 depends on a risk and type of the play. The price of a stock does not matter. Focus on percentage returns and stocks ATR.
Stock Operator thanks for taking the time. I am new to day trading and getting used to reading level 2 now. Really enjoying it. Happy trading for later on.
valicourt you are welcome.
I love scalping i feel that I gravitate towards it naturally. I like to take my bag💰 and go 🏃lol
I like limiting my risk..max time I'm in a trade is 5 minutes . If momentum doesn't follow through I'm out.
Omg this is amazing I’ve been scalping for the past month and didn’t even know it. I’ve been trading for less than 3 months now and have made multiple 1000$ plus days.
@@TheFutureOfFlight do you use market orders to get in an out?
dealing with PDT rule is the only thing standing in the way....thanks for reaffirming some of my thoughts on the scalping process
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
May I ask which stocks are good? I've been looking at a few different ones but want other opinions as well.
@@mayacho4910
@@raymondbarnes5264 Are you in touch with a Financial-Adviser ? is your experience much better than investing on your own?
@@stellamoore720 Yes I am in touch with a Financial Adviser and for the past 6months, I've been able to stay afloat the market crashes and I've watched my portfolio grow by over 40% these past few months.
@@raymondbarnes5264 Wow, that's remarkable, who is your FA and how do you suggest I reach out to him/her?
Recently discovered this channel, and I find the content so helpful.
My favourite scalping strategety is channel trading. Taking quick .10 to .15 gains midday on small caps. Stocks that have put in their range and are consolidating in a channel such as $3.50 to $3.25. I mostly do this on stocks that are barried in intraday longs stuck from the morning session and usually every attempt to break the channel is met with inventory on the offers.
This is a great video. I like these trainings more so than the recap of charts of large caps. Great work ya'll!
From the very first start I know Sir Aryan would earn me a lot as he does to his clients all over the world. Keep up the good work
Brittanya Ravazi There are so many good traders. My co worker recommended me to Sam Aryan, been with him for 7 months now. So far I have no complaints as well
Last year I was here complaining about losing a lot here online, I never knew what I was looking for was right in front of me, you will keep being the best Sam Aryan
I started small with him but my earnings nowadays I feel so comfortable not to be at work
So which method does he use to generate this return of investment because I want to know more
Elisandro Cortez Figueroa that’s interesting so any way I could reach him out
I needed to see this. I love scalping and am learning on paper to hone my skills. I took almost a year off to recover from a big life change and am back to studying so thank you once again for a great video! I will use this info in my daily studies!
Wish you luck! Glad you're back in the game
@@smbcapital Thank you!
Miss Tiny Trader88 Continued success. 👍❤️
I'm happy to hear that you guy's like the scalping strategy. I've gravitated more towards being a scalper and a lot of traders laugh at it. I use prior days VWAP with big RVOL along with options flow to tell me if I'm right or not. I have my lines up from the previous big RVOL day's VWAP and look for large blocks of calls at least a week or 2 out with high Delta. When the Delta is up in the .90s and they start selling I look for the acceleration to slow down, usually when the Delta gets down to .50s/.60s near one of those VWAP lines for a nice liquid bounce. The time doesn't seem to matter as much for it as the Delta, for me anyway.
Until this video I didn’t know i was mainly a scalp trader. I appreciate this for curing my doubts of my trade strategy. I kept thinking I needed to learn another strategy but this just needs to be perfected.
phenomenal video, so much of the precious content! cannot wait for the part 2. The lesson on reading the tape while scalping will be golden, no doubt. Ryan, great job and thanks a bunch!
thx greg!
I need the next video about tape reading
@@smbcapitalI need the next video about tape reading please
Amazing video thanks for putting this together. I've found myself slowly building this strategy day by day on my own and it's comforting to see that this a real thing. Thanks again!
How did it go for you sir?
Super important you guys mentioned the mental constitution of someone who is naturally not or naturally is built for this. Just like in mainstreet media, eyeballs are naturally drawn to whats working now (study: recency bias). You guys already know it, I appreciate what you do.
thxs Matt. great hearing from you
Thank you for a grear video. I have always had the strong perception that, Scalping should be done only at The Open. However, now I see, it can be done at any time of Day - as long as there is strong momentum up/down.
You can scalp throughout the day. Sometimes you can pick up some quick trades towards the close if the volatility picks up.
Best video on scalping I have ever seen . I am a position trader , but this is great to know and interesting to watch
thx J B
Would love to see part 2 with the tape reading footage!!!
This is how I like to trade. I’m still learning how to scalp consistently and this is a huge help. The groups I’m with hold long options and I don’t much care for that in this volatile time. Scalping works so well right now! Thanks 🤙🏼🤙🏼
There's real value here, which is rare in online trading content. As someone learning to read tape, I'll patiently look forward to Part 2 with examples directly from the ladder. Never having worked for a firm (still a novice), I'm repeatedly struck by the degree to which trader development appears to be a central focus for SMB with the result being articulate, passionate, and confident traders who mentor one another. Well done and thank you!
thanks Kevin!
something that helped me learn level two reading is watching the times and sales pass by also.
set up three or four time and sales charts one for smaller buyers one for medium size buyers and one for the big buyers.
this is a technique that has helped me see the difference between the real moves and directions in stocks and know whether or not its a consolidation type pullback before the real power starts to move a stock further in that big buyer direction.
AMZN recent break out on monday was a perfect example of this scenario explained.
post any questions!
keep up the hard work!
Def like to scalp at opening until 10:30am. Normally it is when majority of moves take place. I don’t scalp large caps, I focused on small caps with low float and high relative volume. Great technique as long as you have the right tools and understand level II plus TS reading. Couldn’t apply this technique if your broker doesn’t offer direct routing, level II, and most important hiding those big sale orders!
I am scalper and I understand what he is saying. I have had trades for 5 seconds on record. And some trades which were 30 seconds. Sometimes you feel you're in trade for iternity when in real you've been just for 30 seconds.
You risk level is too high that's why
I keep my risk low, as a scalper any trade longer than 8 seconds gets me hovering over that exit button
Thank you for this. Answered all my questions as a new scalper.
Thank you for the great content. I added the idea of fixing the montage into my to do list. It is super important to have that visual confirmation of that stalling or acceleration of transactions in a particular direction...Thanx guys!
Wow, honestly one of the clearest and best videos from smb so far, and I honestly love all the videos u guys put out, looking forward to part 2!!
Thx a lot! hopefully filming part 2 this week
SMB Capital 🤟🏼
Yes I like to scalp penny stocks around $0.30 or so and I try to sell for a penny higher growing my account 3% per trade. It’s not always easy with those stocks so I am excited to see your next video on scalping. I have the most success at market open but I can do it anytime before, during it after market hours.
I have listened to One Good Trade countless times and I really appreciate your work!
Thanks Ken!
Never scalp penny stocks. They are the worst. Stocks that are 10.00 and above have a lot of volume to scalp
Thanks for the information I will see what I can do with $10 stocks 👍🏻
3% of your account is way too much if you don’t want to end up at zero.
Watched the video. Now I'm going to spend the rest if the day back testing a strategy I've been working on. SMB videos always get my fire burning.
Awesome! keep up the work
Wow everything you say just resonates with me. Watched your scalping video a couple of times and it's pretty much where I'm at after a couple of years trying and practicing, I'm getting there slowly!! Great Video, Thanks!!
This is a grade A clinic on scalping. I’m grateful y’all shared!
you got it Joel
The amount of time we spend believing we can't is more than enough time to learn how you can.
- my Brain
@Sarah Newman Nice words 👌
Fore real it's true this could be the wisest word I've heard, you got my point
Nice words especially with the current rise
I think investing in crypto under forex will be the wisest thing to do now
I'm enjoying investing under a platform that brings good return in my life and I've been making my weekly return without stress all in crypto currency ❣️
Scalping is all I do. I have no real Strategy and Im not great at it but I do Always come out green at the end of the day. This video was Great. Gonna Watch part II now. Thanks for confirming that what I have been doing through shear experimentation and trial and error ( with stops in place of course) is an actual good way to gain.
You have some sort of strategy, you just don't know how to explain it. Which is great, becuse you're doing it on auto-pilot!
What trading platform do you use? I am brand new to trading and so far in my research this Scalping strategy makes the most sense.
Loving this video ..! Been using this strategy for a long time now , speed and focus are the key ..! Works great especially within the first hour of market open .. NEVER trade markets after 1 : 30 pm .. I am usually in and out of stocks for about 45 seconds to 3-4 min max .. And this strategy has worked GREAT for me ..
Awesome Mustafa!
Mustafa Baris what strategy do you use may I ask?
Sammy8446 Shorting sudden spikes .. More importantly , it’s the rules that must be followed . I never trade pre-market , I never trade past 12 pm , I never trade right at the open ( you gotta let certain patters form ) , I never trade more than one stock at a time .. I never trade stocks that I am not familiar with ( never trade stocks that you see popping on a momentum scanner ) and i never get long , always short .. Every trader is different I believe , you must find what works for you , and the way to do that is to eliminate all the reasons that caused you to lose money in the past and establish some golden rules for yourself that you would never break .. Once you develop enough patience to wait for the right set-ups and develop enough discipline to execute your strategy and follow your rules , it will be impossible for you not to make money .. 👍👍
Mustafa, what platform is good for this strategy? Is we bull or Robin hood good or no?
@@mattbuddy6803 webull and RH has PDT ruels , so I don't think it's good
Thank you very much for sharing it! My strategy is scalping and this video has clarified my doubts entirely. Brilliant thank you once again!
Glad it was helpful!
So good! I mainly scalp, and only incorporate time & sales, RSI, price, and volume. Adding Level II to my playbook will be nice. Looking forward to Part 2.
Do also look at MACD?
@@pantheraleo516 i dont. Level 2,vol,pattern breaks/ema vwap
@@HERXMES ok you have good signals on TeGram?
U scalp trendile breaks you mean??
@@vnyskeshi58 yeah! Pls let’s share ideas, message me on TeGram @Sage_Jen
All the tips were very validating for my method. Thank you for posting this 🙏
Good info ,I love to scalp breakouts after consolidation ,only started looking at L2 didn't feel the need for it,binary options was my first intro to scalping really sharpened my focus.
This is so authentic.. Trading is fun but you have to figure out your own strategy on top of knowing the fundamentals. Love it.
Yup…but Fundamentals is absolutely irrelevant in scalping.
This video just brightens up my day! Knowing that I've been doing it right and someone shares the same opinion with me
Please more content and stories on scalping! Awesome stuff! Thanks
I really like this video, I am going to wait for the part 2
Mad ❤❤❤'s SMB! "Its called Trading, not investing"
To bad I cant break the habit of thinking like an investor and not like a trader.
Trying to hit home runs and is left bag holding, like here 'dum-dum'
Such a awakening video right when I need some re-centering.
Thank You Bella!
For charts I use a 3 min one day, and a 1 hr 20 day right under it. Support and Resistance lines and 50 ema, 20 ema, 8 ema and VWAP. I also draw triangle trend lines at consolidation areas (price narrowing) to identify breakouts and breakdowns.
Interesting
Sounds like my set up
i also use this
@@dheeraj9643 Glad to meet you, I live in Boston.
@@ginojones5857 im from Delhi (India)
I watched this video many years ago, didn't undertood much, but now several years later, understand everything and yet learn a lot! moral of the story if you are a trader keep grinding, let's go!
Thank you! Can't wait to watch part 2.
Another THANK YOU to Bella and the people at SMB. I have been working on the Scalping Play for a while now and it has become a "PLAY" for me. The PP slide at 3:45 mentions how taking the STOPS is imperative, and I cant agree more. The SCALP became consistently profitable for me when i created custom orders with preset STOPS so they are in place when I enter the trade. Now I can survive a bad entry and am not scared to enter again. THANK YOU SMB capital
Having your stop step as you enter the trade is a good idea! It will keep you in the game long term
hi MediaHorde - what broker do u use where u can create that? Thx! Appreciate it
@@reelpopcorn TD Ameritrade and the software is ThinkorSwim. Pretty sure you can get a demo version...
Do you scalp options or shares? My brokerage doesn't let you put a predetermined stop in for an options order. I just have to monitor the trade closely and get out when it fails. But I'm wondering if there are brokerages that let you place predetermined stop orders on options. Thanks!
Scalping is fun. Microsoft was a good catch today near 185 to the short side on that first peak. The ask sized up to 300+ lots making entry easy. It wasn't a hold though - the same position would be underwater now (10:47am ET).
Sir. Your just awesome. Experience speaks. Super. I traded some of my trades using this video, it works well. You also mentioned that people who can take decision's quickly should scalp, it's very true and important.
it would be great if you could scalp with a robot
My playbook has 8 plays so far!!! Thanks for everything SMB and Big Mike!
Loved this. Great info for a new person like me. Thanks for this. Where is the second video that is discussed in this video (part 2 - the one with specific tape reading examples).
Check this week, hopefully filming it with Ryan
The best scalping hours in my opinion are from open to around 11 AM, 1pm to 2pm, and then 3 to close. (Eastern time)
I love scalping. 25k profit so far for 2021 but learning in 2020 was expensive 🤯🤮🥶🥵🤒🤕😢😭😱
Excellent vid, I scalp indicies, the DAX in the morning and the DOW in the afternoon. I generally pick trades in the direction of the long term trend. And as your vid says scalping IS a legitimate way of making money trading.
I freaking LOVE to scalp! I am currently in your DNA program and have made some scalping style trades the past couple of weeks. I use the 1 or 5 minute time frames and scalp breakouts above or below key technical levels.....ascending & descending triangles, bull & bear flags, rising & falling wedges, major support & resistance levels, ascending & descending trendlines, etc. Scalping is the technique that makes the most sense to me personally. This video was fantastic! I have only been trading the morning and sometimes the mid day sessions because I work a 3rd security job, so I am only getting about 3-5 hours of sleep per day right now. I believe I could make a good living using this technique if I had real capital to trade with instead of using a simulator. Trading is what I love, so somehow I must find a way to do it full time. Thanks for everything I have learned from SMB up to this point!
Hey Matt nice post I too love scalping and your right it makes the most sense I use the 3m not too fast, not too slow so am right in between your two time frames lol. Here's the key for making a living from scalping we have to build our trading accounts by all means. I did a review off my trades if I was trading a $20,000 account and split that taking 10k positions so I can trade once a day for the week i would be averaging $175 that's $3,500 a month give or take. So we're on the right track its just going to take longer scalping a small account into a larger one which is why my tax refund will be directly deposited into my trading account lol. Good Luck brah wish you the best.
love seeing you have found a style that makes sense to you. it is a strategy that can yield a real living from my seat. awesome to hear we are providing value to your training Matt!
@@mbellafiore19 Thank you so much for everything!
Awesome video. Ryan makes a really important point about seeing stacked offers or bids that are being taken with speed on the tape. I used to wait for those stacks to clear before entering but would get poor fills with market order. If I believe the level to be important, and I see speed on the tape taking those offers or bids out, I now join the party and hit the buy/sell button. It's a little counter intuitive, but I believe the risk/reward is better
thxs Chris
I'm a swing trader, just like the idea of going in and out really fast
This video was absolutely brilliant. Thank you Ryan & SMB.
thx tom!
Technical analysis is key 🔑 to finding an entry point to start building a position in a growth opportunity! Awesome info on the scalp technique👍
A young man with this income good
l appreciate the knowledge in this video. As an individual that has just started his financial security journey, these types of videos are delightful to me.
glad to hear John! good luck!
tried trading myself and made more losses than profits. I won't suggest it to anyone. It is very risky
I really like this sort of content shared by junior or senior traders. Please make more of these.👍🏼🇭🇰❤️
Great video, and a very well organized approach to a strategy that almost nobody else is talking about. I had a quick question: Can you give me a rough, ball-park figure of about how many trades a typical winning scalper makes during the market day? Thanks!
Finally a video describing the art of scalping which is the style of trading I developed into. I scalp on the 3m time frame and for me price has to be above two key levels the premarket high and the stocks initial high if above prior days high its a bonus and I wait for a pull back no more then two lower lows or a red bar ignore I then put out a buy limit order 2 cents above the high pivot point this has been the only profitable method i have achieved throughout my young career I can't pick bottoms, I can't trend counter trend, I can't do days lows, or any kind of reversal plays my trading style is solely based on momentum within the first hour of trading. Thanks Mike great content as always.
I usually confirm breakout from trend in a multi time frame..sometimes higher time frame candles can confirm the overall trend
If you really know that, you will also know that scalping is not a very good idea.
It can be a good idea for a gapper. Not every Instrument
Man, you nailed that one so well, I'm tempted to ask for your autograph. Superb advice! 😉
hi can u help me to scalp 2 pips ??????? any good setup
I am a developing trader at an FX institutional firm in London in and I introduced scalping to them. They thought that scalping is a mug game. However, I showed them that scalping is an amazing tool in your arsenal. You can make more money scalping than swing or longer term timeframe. The head trader has seen the benefit of scalping and has included it in his trading plan. I have been a scalper for 3 years. Thank you Mike and SMB Capital for making me better at scalping.
These educational videos just keep getting better. Thank you.
Glad they are helping Jay
As a scalper, I have been green every month for 4 months, and I really enjoy what I am doing, but I am having trouble to increase my trading size and define stops for momentum moves on the tape(like the AAPL short at 321.50, I am not really sure where the stop should be). Hope there are more scalping videos. Thank you very much.
We will try to discuss stop placement in more detail Feng
Looking forward to the stop placement video as well
Yes!! Stop strategy is a key component and something I have struggled with consistently
Hi can you help me
Please
No need to boast ……just do ur thing and be humble……and stop criticising everyone. Think about it….
My small account grew 211% in 5 months by scalping options as a new trader. Jan 26th to May 11th I went from $1k to $3150. I lost half of my gains when I tried sizing up and staying in trades longer because I kept seeing that I could have made more if I stayed in longer but it didn’t work for me so I’m going back to the strategy of scalping because it worked for me.
Me too.. I don’t trade stocks but indices cfds like Nasdaq and dow Jones.. I made a lot scalping but once I tried to day trade, I made some money but eventually started losing. Psychologically, I like to take my money and be out.
Do you have a set profit goal per trade? For instance, $200 per trade and out or what?
Great advice 19:20 about who scalping is for and what are other trading styles that would suit based on each individual
Good one mate:
Backtest * Develop your system * Look at your stats
Thanks for sharing!
Back testing doesn't work. That's all in the past.
@@someone5645 Nothing works 100 percent but backtest is very helpful to gather probabilty
@@ehudkrispil the company could of crashed for the first 7 years then all a sudden it shoots up and stays maybe 300% now steady for 6 months hovering. How would back testing help in that situation?
@@someone5645 don't let exceptions confuse you. backtesting helps in assuming probabilities in a wide range of expectancy and not a single instance - when the price action does not suit your system stay away
@@ehudkrispil agreed with you there. I was thinking of the concept and for it to work with the best possible set up in my opinion is an ETF that has a solid history of growth a smooth consistent chart. Watching all these new people on youtube thinking they know how to trade is a joke to me. You seem legit, but these kids and I say kids I'm talking 20's acting like they jave a clue about trading. Its scary to think people listen to their advice and bitch when they lose 50% in one day. And it's only getting worse and I think because all these millennials flooding the market with their fomo trading is artificially pumping stocks way past their real value which is going to destroy many people's accounts. Sorry for the ramble.
This guy is incredibly smart, confident, and more importantly, a great teacher!
thanks Sang!
💛💚💙🧡 Loved watching this Mike. This is a fantastic video. You can do a lot of damage out there with a simple Moving Average & a volume indicator as a scalper. The order book never lies!
Just a beginner but I really enjoy this video. These guys seem really legit and honest.
Thank you so much for talking about this! What I've been doing is working for me consistently (even with this crazy drop and going into a bear market) but I couldn't find very much information out there. My account is under $25,000, so I have limited daytrades: position size is key in making income by scalping. But it works. Your comment on not letting others discourage you if your strategy works ---just: thank you!
Great advice, thanks for sharing!
Great video.. I’ve been trading for two weeks and scalping is a method I picked up before I even knew what scalping was. Got more info out of this video than any other I’ve seen.
That’s natural for new traders but it’s also one of the hardest ways to trade which is why many traders call it gambling.
Very informative presentation, thanks for the same.
I recently discovered scalping and I look forward to become a scalp trader. Ideally I try to take trades anytime after the Market opens when the initial volatility has resided.
Thanks one again
sweet green screen!! gotta love these "free" webinars
I'm a retail trader in Long Island. Just found your videos and I am really enjoying them, I just started trading spent 3 months on a sim and was profitable but blew my first real cash account. Looking back I can see my issue was psychology (deviating from my strategy because of emotion). How much would it be to join these classes? I feel like having a profitable pro trader to talk to in person and learn from will help my confidence in trading. Thanks for the content!
Great video guys, this is me to a T, scalping is amazing! Keep up the great work!
thx John!
🧡💛💚💙 Re-watching this video again this year so I can improve my scalping strategy 🧡💛💚💙
Boeing went nuts today! I got a trade both directions today! Flexible!
Nice video, thanks guys. Scalping is also very effecting with 2 min and 5 min ORB. 5 min ORB is pretty popular. I personally prefer using scalping for first 45 minutes after open.
I scalp with 1,3,5 min timeframe using the macd/histogram and rsi. I also use a ribbon of 5 ma’s and mostly pay attention to the 21,50,200. Histogram is by far my favorite indicator and can lead to extremely profitable scalping, especially in an overall uptrend or a 1 or 4 hour swing. I find confluence between those indicators on sale and differing time frames
Thanks I'm a new trader that has ADHD I'm Ganna give this a shot
are you a bot?
I swear there's an excellent information in this video . Since yesterday I am digging deep in SMB capital RUclips channel There's a great knowledge there. Thank you for Sharing your experience guys. Hopefully you can make more videos on Scalping its looks to me as an excellent method for Trading. Because it's in and out strategy without giving much stress if you know when you enter and when to exit .