where to , to learn how to scalp the ES ? - futures io
futures io futures trading

where to , to learn how to scalp the ES ?

Discussion in Traders Hideout

Updated by Phorlan
      Top Posters
    1. looks_one miktrading with 3 posts (1 thanks)
    2. looks_two iantg with 2 posts (2 thanks)
    3. looks_3 rintin2x with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one noobforlyfe with 10.0 thanks per post
    2. looks_two lax99 with 5.0 thanks per post
    3. looks_3 Rrrracer with 2.0 thanks per post
    4. looks_4 iantg with 1.0 thanks per post
    1. trending_up 4,528 views
    2. thumb_up 20 thanks given
    3. group 13 followers
    1. forum 13 replies
    2. attach_file 2 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

where to , to learn how to scalp the ES ?

(login for full post details)
  #11 (permalink)
Los Angeles, California
Posts: 24 since Mar 2017
Thanks: 4 given, 5 received

iantg View Post
Like others have mentioned... This route will be hard for you.

There is right and wrong way to do this, or put another way... an easy way and a very hard way to consistently get a few ticks profit on the ES.

If you want to be successful with the ES aiming for just a few ticks of profit then you are essentially entering the arms race with the HF traders. And that is okay, there is a right way to play in this space... You will need to be an algorithmic trader and take advantage of the spread on entries and exits alike using only passive limit orders and your execution speed will need to be very quick.

I did some analysis on how quickly price levels were clearing a little while back but I think this will give you some perspective on what you are up against. If you are targeting 2-3 ticks, you will need to be in and out in 1 to 2 seconds in order to not end up going for a ride 3-5 ticks the opposite way. To do this effectively and use the spread in your favor you will need queue optimization, and an algorythm to pull the trigger only using passive limit orders on every entry and every exit. You can have the occasional emergency exit that crosses the spread, but this won't get hit too often if you know how to use it. These are the tools of HF traders, and wanna be HF traders like me. . There is a play book to this that is fairly well known among these types of circles, but for anyone else trying to profit in the ES on just a few ticks.... most of this is going to sound like Charlie Brown's teachers.... Unfortunately I think you will have a difficult time if you don't use this type of tool set, and it is not very well known or discussed.

There are plenty of other profitable ways to trade the ES, especially for discretionary retail traders, but these all involve using larger targets. This is due the fact that you will not be competitive in a speed race at all in this market. So the few ticks you pick up will be across the spread, late on entries and late on exits every time. And I think you will struggle to find an edge that overcome these factors. So it would be better IMO to target 5,10,15,20 ticks on the ES if you are discretionary / retail.

Consider the following:

1. Based on my analysis below you will see 50% to 75% of the price levels get cleared in 1 to 2 seconds.
2. Unless you are co-locating and using an algorythm that is very optimized you will typically be clicking to trade from home and hitting 1- 2 seconds just to click, submit your order, send your order over the internet, touch your data feed, go to your broker, then go to the exchange.
3. Adverse selection will come into play in a big way considering points 1 and 2.
4. Depending on if you submit a profit target / stop loss with your order or if you try to pull the trigger on your exit yourself you may see additional delays that can impact your P&L.

Best of luck!


Hey iantg. Is there anywhere that you have shared some of your methods and strategies for trading? I understand you're trading with algorithms? All my trading is discretionary, although I'd like to find a platform where I could build various strategies and actually test them. I tried previously with NinjaTrader, but the platform seemed buggy at the time giving mixed data.


Reply With Quote

Can you help answer these questions
from other members on futures io?
Anyone scalp the Mini-DAX (FDXM)?
Emini and Emicro Index
Linear Regression Slope Indicator
Volume Chart Trend Lines
Two Data Series in Ninjatrader 7 for Order confirmation
How to show tick count in or next to the current candlestick?
Best Threads (Most Thanked)
in the last 7 days on futures io
Are sharks watching on the other side?
55 thanks
VWAP for stock index futures trading?
35 thanks
Sierra Chart ACSIL for Beginners.
16 thanks
Converting NT7 indicators to NT8 for free
14 thanks
Spoo-nalysis ES e-mini futures S&P 500
14 thanks
(login for full post details)
  #12 (permalink)
charlotte nc
Experience: Master
Platform: ninjatrader
Broker: NinjaTrader
Trading: Emini (ES, YM, NQ, ect.)
Posts: 393 since Jan 2015
Thanks: 73 given, 1,007 received

Hi miktrading,

I have a trading journal on here that covers quite a bit of different ideas I have developed over the years.

I haven't updated it much since I started pursuing a more HF route.... mostly due to the fact that very few traders on this site would find this useful / interesting, or in any way transferable to discretionary, etc. If there is an apatite for insight into that world, I may update my journal and share some things. I just know that most traders, even algo only traders approach trading from a completely different mindset. The world of HF is fascinating in it's own way, but the strategy aspect is completely different from anything else out there used by most traders. I think it all comes down to the fact that the edges derived from HF can not be transferred in any way into the tool set of discretionary traders. Frankly a lot of it can't even be transferred to algo traders using retail level platforms because of the speed disadvantage. But if there is anything you or others would like to learn, I would be more than willing to share.



miktrading View Post
Hey iantg. Is there anywhere that you have shared some of your methods and strategies for trading? I understand you're trading with algorithms? All my trading is discretionary, although I'd like to find a platform where I could build various strategies and actually test them. I tried previously with NinjaTrader, but the platform seemed buggy at the time giving mixed data.


In the analytical world there is no such thing as art, there is only the science you know and the science you don't know. Characterizing the science you don't know as "art" is a fools game.
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to iantg for this post:
(login for full post details)
  #13 (permalink)
Los Angeles, United States
Posts: 6 since Jun 2017
Thanks: 0 given, 1 received

There are some great videos on YouTube. PM me if you are still interested I will send you one of the newer and relevant ones!

Reply With Quote
(login for full post details)
  #14 (permalink)
washington, DC
Posts: 1 since Jul 2019
Thanks: 0 given, 0 received

rintin2x View Post
Another thing to think about, please correct me if im wrong here. I did my last year tax, statement showed me way more than what I have in my account, I truely believe thats because they tax on gross, not net. So for example you trade ES, 2 tick=$25, lets just say total fee=$5, than on top of that IRS tax=$25*15%(just guessing)=$3.75, your total net=$16.25....just 65%. I can see itís worth if you trade big and have big winning ratio, but weíre just small retails.

Now looking at the losers: 2 tick loss + fees = $30, granted not taxable, you earn $16.25 vs loss $30.

That being said, if youíre still set to just really quick scalp, trade only first and last 10 minutes, each swing for sure can give you 2 ticks easily on momentum move....thatís my secret cheat cheat sauce . Good luck.

Edit: Nie Iím even trying to change for larger target because itís not favorable for small retail.

So basically if you make $25.00 with two ticks, your net minus commission from the trader is let's say 20, more or less, but the federal taxes are calculated on the $25 not on the $20? You know that for a fact?

Reply With Quote

futures io Trading Community Traders Hideout > where to , to learn how to scalp the ES ?

July 30, 2019

Upcoming Webinars and Events

Free BloodHound Licenses for everyone!


Every journal equals ten meals for the hungry


Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts