Scalping nq reddit

Scalping nq reddit. Not too volatile. I just wanted to know where my focus should be if I wanted to trade long term and eventually as my primary source of income. If you want to actually net a profit, you need to focus on high quality setups, ie setups that are both clear (not iffy) and have lots of confluence (multiple things lining up telling you the same thing). Scalping NQ Highs with Volume Profile. The effect is that NQ will travel about 3x more ticks per percent of price movement. Sometimes I'll take a look at bonds if the interest rates are being adjusted. Where as time based charts print candles at exactly the same intervals every time, easier to track and prepare for. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. For ES I’m using 1000 - 2000 tick and CL Renko charts. But with /NQ, I have found that it’s more reactive to certain levels and I can get in for a quick 10 or 15 point scalp and be done for the day. NQ whips around so fast that I’m not sure I’m looking at the right kind of chart. Tick charts move too quickly for the number of contracts traded when NQ is moving properly. 5-10pt stop. Well I wouldn’t recommend scalping the NQ starting off to someone new. To me, a scalp is 5 pts or less on the ES. I scalp. My win rate is 72%. It does require patience and some understanding of price action. If you scalp /NQ, TD requires $17600 margin, whereas Tradovate requires $550 during market hours, $1000 overnight (but I think full margin that CME requires if you hold through daily close). You can scalp trends and broad channels and you can even scalp sideways 2 pt range moves. NQ for me always. It's not a huge edge, but it is a REAL edge. And especially when trading the micros. I hope this helps someone and I look forward to feedback. For me personally, I have moved from ES to NQ. It uses the following scripts. NQ can be moved by anything, so scalping small moves feels much more like gambling than scalping the ES. MA Crossover Buy Alerts -- see below. The dollars per tick is $12. Nov 19, 2009 · In my experience, NQ breakouts on long timeframes (30 min or higher) combined with S&R analysis is easier than scalping. Nov 28, 2023 · I tried to keep it as simple as possible. 25 for both ES and NQ, but ES is at 4000ish and NQ is at 12000ish, so the relative tick size is 3x larger. I prefer a scalping strategy which is what I trade currently with ES and CL. 5x higher for ES. NQ has the highest volatility and will definitely give you anxiety especially if you’re holding trades unless you got money like that I scalp NQ. I bounce between 10 products. Obviously if you are holding for 1 hour, it's not a scalp. On the 2m, it basically functions as a nice pullback entry in a trend. Settings for each of the scripts. I trade NQ using order flow and a 7. So if I’m up like 7-10 points, I sell. 20 to 40 round turns/day, 4 to 10 contracts/trade depending on volatility. NQ scalping. Of course, scaling up the same is true for the ES, but it just happens less frequent. Share futures trading insight, tips, and your trades! I'm looking to add some scalping into my trading toolbox & would love to know why you scalp a certain index and why. My main strategy grows my account slow, so I decided to try scalping on NQ Futures and I’ve been 100% accurate on all my trades the last two days and I damn near could have passed my funded challenge sooner if I did it on that account. Even the big boys understand the market is not predictable beyond 5 minutes. 25 on their free plan. Considering 80% of breakouts fail, you can scalp a range of two pts from two to five times before you're wrong and the trend breaks out in the opposite direction or you can get lucky and it breaks out in your direction. The NQ moves for a reason; the book is super thin. I was simply correcting your idea that there is "no such thing" as scalping the NQ for 1 point. DAX - FDAX: Quite liquid. S&P 500 - ES: The most liquid futures index. My view is scalping NQ would leave a lot of money on the table with disproportionate risk. I started as an options trader in 2021 and quickly realized that I gravitated towards scalping methods and am looking for some resources for good NQ scalping strategies. Leads all markets. 50 for ES and $5 for NQ, so my cost to enter/exit using a market order is 2. good luck capturing that with the way NQ moves. ES offers some very obvious scalping set ups when Liquidity is high and volume is medium, NQ offers some large wins very quickly, so depends on the day, a very slow day on ES with high liquidity and very low volume ya by all means NQ may give some more chance with more chop but on a day with low liquidity and high volume, NQ is just too fast Try trading different products. I really like scalping ES for 2-4 points at a time continuously throughout the day but I also find trading 2:1 RR minimum on NQ feels so much better to play entering on continuation and wicks. No indicators other than ema’s for spacial reference. . Fees 3,98 round trip so winning trade using 1 contract: $56,02 and losing trade: -$103,98. If NQ is being choppy or ES is slow as hell, try gold or silver. Do that 3-4 times a day and you’re good. Price action and momentum coupled with experience. Anyone with a large account can move the price significantly, and it can bounce back just as quick. R:R is around 0,54. Means I need a 65,4% win rate to break even. I personally only enter trades near support/resistance, unless I see a large move and jump in just to scalp a few points. I passed my prop firm challenges trading. Yes you can if you're good. It's a more orderly instrument. Maybe bigger on the NQ. Long-term drawdown are a beast I am looking to expand the futures instruments I trade from my regular go to of ES and CL and want to look into trading NQ and GC. And also “what people are thinking right now ‘its just a pull back, the NQ couldnt possibly go I don't use time charts shorter than 5 min. Apr 13, 2019 · Can anyone recommend full Auto and semi auto strategies for NQ & ES, for scalping, intraday and swing? Are there any specific ones that are 'known/popular' that have good performance' within the community here I should know about? Apr 19, 2022 · I coded it for thinkscript and figured I should share it with all you wonderful people here. no way it can be done consistently. I scalp NQ with 12 tick TP / 20 tick SL. Kinda like how my wife scalps my paycheck every week. I trade with about 3-6 MNQs and I can make like 200-300 a day. It's normal to have 80-90% winners scalping, but along with it comes an inverted risk-reward ratio. There is no such thing as a 80% 1:1 R:R strategy. For all the people who say you can´t be profitable with trading a ton. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. Stick to the ES or DOW first then move in to the NQ but eventually trade all of the them. I normally trade NQ, ES, gold, silver and copper. I am a CME member and lease an IOM seat. I take profit quick because NQ moves fast where one big green candle can instantly be sold off. Price Momentum Oscillator (PMO) Overload. Someone tried to tell me they were scalping 10 to 15 pts on the ES. Designed for NQ 1m, but I see good, bigger trades on 2m as well (I have only traded it on sim thus far). Trends extremely hard. Nasdaq - NQ: Very liquid. 7-10 moves are easy for NQ even on choppy days. You have to be picky on your entries though. Currently I use ATM strategies thatI have set up on Ninja trader adjusted for market conditions, so I have take profits set at 5 , 10, 12, 20 ticks with stop loses equal so 60-80 trades a day is just way too much, even for scalping. If that happens to be 3pts or 15pts in nq, it doesn't matter. Main strategy is always think “at what point is everyone long getting stopped out?” Then go long there (and vice versa). I'll play around with RTY and platinum since the move a little different than the rest. 10 to 15 pts is not a scalp. The tick size is 0. Follows the S&P. The strategy is simple : if the price wants to go up and is succeeding - I go long and stay with the rid I scalp NQ exclusively, generally on 30 second charts. TD fees and commissions are $7 round trip, whereas Tradovate is about $4. r/FuturesTrading is a place to discuss futures, commodities, etc. I will stick with regular charts, volume profile and /NQ from now on. I agree that the number of points of a scalp is smaller than what everyone says. Scalping is consistent with a high win rate. Extremely spikey. Some scalp 1pt. No matter how good you are, commissions will eat you alive. For ES they are fine because it is a back and full high liquidity instrument which moves only a handful of points compared to NQ/YM. If you're unfamiliar with this chart the letters represent 30 minute bar charts with each letter group representing one 30 minute period. With /ES, I never could consistently reach my take profit targets without getting stopped out, even with scalping. One thing i will do in the future is wait 5min at least, when i lose a trade, so i can get into the next trade without having psychological issues. I was not speculating about this. Here are the ones I'm most interested in. Like ES it pushes through more market orders than what you see on the bid/ask at each price level so both are plenty liquid, but NQ tends to slip a lot more as MM's/retail pull orders and if you can scalp those inefficiencies they it can be a good time. If you're prone to letting a scalp turn into a swing trade when it does something unexpected, you're bound to take huge hits or even blow up when it goes too far. Beyond that I use 30 tick range chart with NQ and 10 tick with ES. Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. Taking a little off the top. NQ has great volatility, but to keep my funded accounts, I switched to ym and ng I've noticed nq highlights my two biggest weaknesses as a trader, fear, and greed I named my cat Nasdaq as a compromise, but nq isn't for me. Edit: A better idea to focusing so much on the points is to focus on the price action. Here is a simple scalp setup using Volume Profile that I used during today's RTH session on NQ. Quick to use BE, lots of +2, +3 +6 trades as I lock-in profit quickly, but generally looking for next micro s/r to get out around 20 to 40 ticks profit, sometimes 80-100 Scalping has nothing to do with how much you make on a given trade. It is looking for opportunity in the moment with a focus on a short holding time. xgvfitgur ycqsnjh bjxqmd hpdbr ilz vueyk pewtr nzwfwk nykxhy qfavi