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If you want to learn to scalp you should plan on taking the entire course including the live webinars. You need to put in a lot of screen time and use market replay. I think it probably took me longer than most of his students to develop an intuition for the setups - over a year at least. Also, I've programmed my own scalping strategy and use the DOM with it. Everyone is going to develop their own method eventually. Just be prepared to spend a lot of time on it.
Have you ever tried this? The question is not if it is possible for someone with the right infrastructure but for a retail guy with Daytradr and get a positive result. And it´s not.
When you look at the leaderboard, almost all the guys don´t count for commissions...
They don´t really trade.
Since several years I am with Jigsaw. And even with them SIM is SIM and reality is reality.
I did not say it's a valid strategy.
I said it's possible to have 1 sec trades and even less than 1 second.
Within Journalytix you can set the commissions you pay per side, per lot.
This allows you to have the exact net pnl of your trades and see if your strategy is in fact valid under a live market or not.
If the people that are on the leaderboard use the tools available on Journalytix or not... well, they are free to use what they want. The tools are there...
If I become half a percent smarter each year, I'll be a genius by the time I die
It is my pleasure to welcome back Peter Davies @ Jigsaw Trading for our 365th webinar event, on Thursday, October 17th @ 4:30 PM Eastern US.
The title for the event is "The Seven Most Effective Trading Setups", and bullet points include:
- For those looking for new setups or those looking to improve the way they confirm/manage their existing setups - this webinar is for you
- What the setup is, Why the setup works
- Which market conditions it works best in
- Who is on the wrong and right side of the trade
- How to identify it’s working out
- How to identify if it’s not working out
- Typical Risk : Reward
Is there somewhere that gives instructions on how to setup and use Jigsaw with Ninjatrader 8?
Do I add it as an indicator to a chart?
What timeframe would I use?
I have the lifetime license for ninjatrader 8 and have an account with Interactive brokers from which I can trade live from my Ninja charts, can this be done with Jigsaw?
My data is from Kinetick live.
Please help because I just finished module 1 and would like to start watching the Jigsaw DOM live as suggested in module 2.
Go here https://daytradr.jigsawtrading.com/rithmic_2.html
You have a video explaining how to connect.
Any questions you can contact support via email or contact Peter via Skype
Their support couldn't be better.
If I become half a percent smarter each year, I'll be a genius by the time I die