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Re: To scalp or swing trade? That is the question

Jimmy, Sat Jun 24, 2017 12:01 am

Excellent thread!

Personally I've always been an intraday trader and a scalper (especially when trading Futures). Not because I can't swing trade but I was actually taught this way in my early days of trading and learning to be an institutional bond trader.

In bonds we were specifically taught how to "Market Make". Market Making was basically scalping for a few ticks then close and re-enter again each time our order was filled. We would set 5 x Long orders and 5 x Short orders at every second tick, both ways and that was it. In and out the whole day. This was how we were taught as institutional traders.

If anyone is familiar with DOM trading here is a screenshot from work when we Market Make and scalp in trading bonds.
The first column on the ladder (AU 3 Year Treasury Bonds) shows my Market Making (scalping) orders.
In retail Forex when I trade I like to take 10-20 pips and I'm out. Rinse and repeat.

As one of my old trading teachers would say:
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