Georgia, US
Legendary Market Wizard
Experience: None
Platform: SC
Broker: Denali+Rithmic
Trading: ES, NQ, YM
Posts: 6,231 since Jan 2011
Thanks Given: 6,773
Thanks Received: 18,191
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In slow markets with smaller ranges (20 handles), one tick per letter. In more volatile markets (more than 20 handles), two ticks per letter. This is just what I do and it is simple and works for me (though I use volume profiles more than market profiles anyway). I've seen people obsess about these kinds of things and it truly doesn't matter at all. It will not affect your profitability one bit. So, pick something that looks good on your screen and adjust it when needed. Nothing more to it than that.
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