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Is it profitable to scalp the spead in ES mini


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Is it profitable to scalp the spead in ES mini

  #21 (permalink)
 
trendwaves's Avatar
 trendwaves 
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jeheald View Post
It may be possible to make money as a retail trader scalping the spread on the ES, but I've never seen it done successfully.

I agree with you on that jeherald. Mathematically trading the ES spread just doesn't make much sense. In a practical sense, 3 ticks minimum, 4 or even 5 ticks gives some breathing room with a more realistic stop loss.

Anyone that wants to learn a proven method to scalp 4 ticks in the ES, I would suggest reading these two excellent trading journals here on nexusfi.com (formerly BMT)...




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  #22 (permalink)
 londonkid 
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FYI traders at prop firms doing volume will have c. 40c RTs on ES. Most use some form of averaging.

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  #23 (permalink)
jadynb
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Another problem with this strategy is in a fast moving market, you won't even get fill confirmations until you're > 20 ticks offside.

You could try exploring your strategy on a thinner market where queue position isn't so important

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  #24 (permalink)
 
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 trendwaves 
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jadynb View Post
Another problem with this strategy is in a fast moving market, you won't even get fill confirmations until you're > 20 ticks offside.

You could try exploring your strategy on a thinner market where queue position isn't so important

Not sure what market your even talking about. With a good broker/order routing service fill confirmations for the ES are on the order of milliseconds. ES and "fast moving market" should never appear in the same sentence

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