sudden spike, lost again ...


finally this one going down ...

short scalp again

very fast paced market

another quick short

Like seeing the progress. Happy to help/comment, I am a swing trader with MES.

Some advice I would give to those scalping:

Journaling and seeing what "stats" were on certain days and with certain biases helped frame how I should trade a lot.
Track the real stats (incl. commissions): win rate, avg win, avg loss, largest loss, max consecutive losses, and net after fees. Scalping edges are small, so fees matter a lot on MES.

I see a couple larger red trades (ex: -16 / -11) mixed in with smaller wins. That’s usually what kills scalpers long term. Decide your max $/points risk per trade and stick to it.

I am curious about what time you trade, I like to focus on reversals and MES to me, is cleanest around the open and key scheduled events.

Nice work staying consistent and posting results.

I'll switch to simulated account for training purpose.

I don't want a good beginning turning into a bad ending.

ArthurFountains 

Like seeing the progress. Happy to help/comment, I am a swing trader with MES. Some advice I would give to those scalping: Journaling and seeing what "stats" were on certain days and with certain biases helped frame how I should trade a lot. Track the real stats (incl. commissions): win rate, avg win, avg loss, largest loss, max consecutive losses, and net after fees. Scalping edges are small, so fees matter a lot on MES. I see a couple larger red trades (ex: -16 / -11) mixed in with smaller wins. That’s usually what kills scalpers long term. Decide your max $/points risk per trade and stick to it. I am curious about what time you trade, I like to focus on reversals and MES to me, is cleanest around the open and key scheduled events. Nice work staying consistent and posting results.

thanks for the comment
*one round trip for ibkr mes is 1.24, required one tick to breakeven

I must be honest with myself.
Today US session is my lucky session.
Why?
I made a fatal mistake on one of my trades just now.
I do like volatile market but dislike fast market.
It's too slow for manual scalper like me to react correctly.
One of the trade just now the price slip after I press market order.
I hold the position with max open losses -$55. That was wrong.
But I hold it because of I still believe the context is still intact. Although it's no longer my default scalping setup.
It's will cost me huge loss if my view is wrong.

OMG
Im break my word
Im in again by taking quick short




i gonna call it a day

two trades taken
still in red

took 3 consecutive losses before the "real" fall



account back to green territory