I have an ES scalping strategy for a 4 tick profit. I suppose you could exit on 3 ticks if you want to.
I wrote an indicator for this also. It's written for Trade Station. If you're using trade station I would be happy to share it with you.
I'm going to go ahead and say that the fact that you're trading 50 contracts at a clip and you've done everything possible to minimize your trading costs means that you're less likely to lose your equity than others. But, I have to agree with Mike . . . You should probably stop what you're doing.
You talk about scaling back on vague terms like "if it's still not going well in a week". You need to have a quantifiable approach to position sizing. If it's not going well (your equity curve is declining) then you should be reducing the number of contracts you trade according to an objective mathematical formula. Not on gut instinct, or when you feel like it. This doesn't mean you have to trade quantitatively - I'm just talking about position size.
If your strategy depends upon volatility then find some way to measure it, and don't trade when markets are quiet.
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