Scalping Became SO EASY After I Did These 5 Things

over the past 5 years I learned the dos and don'ts of scalping and what you need to do to be able to capture larger swings and trades just like this one to where you can start with a small account and slowly grow it just like I've done and soon you will be finding trades just like this one where I am up over $4,000 in one trade that has been going for 10 minutes this is something that took me a long time to get better and better at but just like you I started from just knowing

basically nothing about trading and then I was able to learn how to do this and consistently do it every day over the long term now the first thing that I really want to nail into your head that took forever and I lost a lot of money trying to do was you do not need to take really small trades and a lot of them scalping does not have to mean you are entering in right here and getting out for a profit right here this trade right here I got in right right up here at the top

of this swing and then I'm catching this whole swing down and that is still a scout because it's on a 1 minute time frame and it's very fast-paced but as you can see with sizing you are still able to capture a massive move just like this one zooming back I actually find it better to go for larger swings than smaller swings because if you're trying to capture all these little moves it just makes it feel like you have to get a lot of Trades to actually make money and in this sense with this trade I

got in on one specific area right here and then was able to make a profit and that's where timing is really really important when it comes into trading is patiently waiting for the right setup to happen and so what was really crucial about this specific setup here and timing is at 9:30 is when the S&P 500 futures and the NASDAQ futures open and right here I'm trading the NASDAQ futures and I saw a pattern where it was pretty clear that the thing was in a consistent uptrend and then all of a sudden you can see

it start to have some failure in here and then the timing was waiting for that market to open and getting in right as this Candlestick opened essentially the market went up here and then broke lower and it broke below this previous low and then from there I could see that it was very likely for the market to have a big sell off here and so that's where you can jump in with kind of a scalp in mind but because you're focused on the timing and patiently waiting for the correct thing to show up you're able

to go for something where more like a really favorable risk word where I'm risking let's say $800 here and I can on average get maybe you know $2 or $3,000 and that's a much better profitable way to focus on scalping and so a big key in a reading that I find really powerful is looking at the micro Trends and the trends of essentially what we can see on the screen right here is this micro trend of the mark continuously going up is actually a really good signal and something I've noticed over time that shows a

lot of potential if this trend breaks and you see a couple of other factors here there's a high chance of it selling off and that's really important for when you're looking for these timing eras to get in on a trade because that's what's going to allow you to effectively scalp these larger trades that happen on still a smaller time frame and so what I see about this trend that makes it powerful is that it's just a slow method iCal move up and then it breaks here it's very easy and obvious that it's broken and there's

not many big pullbacks in the sense of like this because it makes it so okay well if there's a big pullback right here it might continue going up but this is just so methodical and how it moves up that when it breaks and has a nice consolidation like this and then you see some big bearish bars here that's sellers coming in showing you that yeah it's more likely it's going to start getting momentum to the downside the buyers essentially are drying up that's what these kind of dois and sideways movement show and then from there

you look kind of into reading into the candlesticks and so what I kind of see reading into these candlesticks is that if I kind of draw this section out here is it sold off sat there for couple candlesticks made one a a big bullish Candlestick attempted to go higher and then it sat there for a Candlestick with with that dogee and then it had a sell off kind of showing you that hey this move right here isn't actually strong if it was strong it would have kept going up potentially and made new highs up here

but it didn't do that instead it got rejected by this big Candlestick essentially giving back this whole move up which on a micro scale and kind of reading into the candlesticks on a smaller time frame this is what it would show it was it would show that that big move up was actually reversed and then it sat here for a couple of candlesticks again kind of showing you indecision and then this big Candlestick this was the real money Candlestick here where in that in that one Candlestick it went up based on this Wick you can

see it opened here went up but then based on how it closed and I was actually watching this in real time is it went up and then immediately sold off and I for me I put in my sell stop order that essentially once that price is hit right here I put in an order and I get in short and then the market sold off from there and you know the candles closed all the way down here and in my recording if I zoom all the way back I wasn't able to record that because it happened

so fast right at the market open but that's what happened and then from there you managed to trade how you see fit and the biggest thing though that makes this possible is actually reading into the bigger picture and so because this is on a one minute chart now let's go to a f- minute chart of that same chart this is the NASDAQ now on a 5 minute and what we're looking at is where I jumped in the trade was essentially right here kind of at that market open but now we can see a couple days

back right and so the big picture and this is really important when when you're looking to trade too is taking into account the overall trend at whatever Market you're trading what is the overall movement of what it's doing if it's in a big downtrend you're not going to be wanting to trying to buy and bet the Market's going to go up because well it's more likely that any time you have a support level it's likely to fail right but now it was in a downtrend but now it's going into a more of a sideways Trend

over the last day or two and overnight this is the overnight action it's shown that it's gone a little more sideways and so zooming into this what I thought was really important to look at here was well it's starting to go into a sideways Trend and so what often a big pattern that I see play out and something to pay attention to actually zooming out again is if you look at this it's something called a bull or bare flag essentially think of it like a flag it's an upside down flag if it's a bare flag

but the idea is the Market's going down in a downtrend it sits here and consolidates for a little while and then it has potential to keep going lower overall the trend was down it makes it more likely that we can continue down and then looking as well at these overnight levels is well you can see right here this was a previous high of overnight and so when we have that methodical Trend that we were looking at this is exactly this trend right here is this trend right here it's that methodical move up into this resistance

level and so that's what I drew this resistance level off of right here is just this previous High I was thinking you know this is a really nice Trend based on that kind of micro pattern and then looking at this previous high that is a really good spot to say hey the market had a very strong selloff here before it's likely that it potentially does it again now of course you don't know it could just break through here but if the factor is a line I'm going to look for a short there and bet the

Market's going to go lower and if you think about it well it's got some swings down here that make a support level that say okay well if this is going to get going here there's a lot of room to make a good profit and that's what I like to see when you're analyzing the trends and the markets think about the amount of money you can make on a trade not all trades are made the same this trade right here if I pull up a simple risk reward calculator based on kind of where I got in

if we look at this if the idea is I'm going to jump in here as a short I'll put my stop loss somewhere up here to protect me in case I'm wrong cuz you always want to have a fixed stop loss you don't want to try and give it more wiggle room you want to cut your losses when you're wrong cuz the idea is and I found this is another tip that the best trades are easy they work out really well and the bad ones just are a lot of work and they struggle they chop

around they you know they come up against you they try and fake you back lower and just get out of the trade at that point it's never worth it from what I've seen and to just kind of bring this in the screen a little bit more so you can see it but so if you know you get in somewhere here and this is for me I risk about $800 per trade this is just a quick tool I have that easily calculates it for me but then you can see if I go three times my risk

all the way down here four times five times seven times kind of where this support level is where I would expect this trend to go before it finds a bounce you know you can see you're making or $5,000 on the trade or you know whatever size you're making you're making six or seven times your risk and that is a good trade where you want to be jumping in and so you know just quickly kind of Zoom forwards on this because we did kind of already see the trade this is kind of what happened on a

five minute is it did move down there before it started to find a bounce and so that's kind of what I'm looking for with these spots is to capture kind of swings like this and now of course these don't happen all the time that's why you want to be waiting and using that timing to your advantage because it'll allow you to get these really good trades where like in this one where you're making a ton of money easily that's what you want in trading the hard part is sitting on the sidelines when these don't show

up and so big thing with these is focusing on at least for me with reversals because that's mainly what I look for is looking at the key swings you know looking at this range it's very clear these are the extremes and these are where it's more likely to find some kind of Bounce those are ones you want to pay attention to don't start looking at you know this swing there's kind of these bottoms right here this bottom right here you know I think this kind of came up here and kept going lower you know don't

look at this swing because just the same thing with overtrading of trying to get little scalps all over the place and trying to capture you know all the random swings that's the same idea with not going and looking at all these other Little Resistance and support levels sticking to the ex streams is going to allow you to kind of capture and the big picture of the market I actually have a whole video on how I draw these support and resistance levels that I'll link in the card just up here and the next biggest thing to

think about though is you have to journal the trades you have to figure out what is working and what isn't you know trading is a lot of work and takes effort you have to go in and journal okay how much did I make on this trade what worked what didn't why did I get in and then you know what was what were the key factors of what I was seeing like was there's this good micro Trend the movement up here here you got to start tracking it and also track your emotions because that will really

help with setting you up for success in the future trading is all about going into every day with the idea that trading is never the same the markets you know this trade worked out great but I will never have a trade that work looks exactly like it again you know these always show up slightly different and so in the link in the description I will put a guide that gives you the best I think kind of the three best options for Trad tring journals some are you know will just do it for you and others

you know are are a little more involved and so highly recommend journaling your trades once you have a strategy because that is how you find the loopholes of what is working for you and what isn't what ended up really working for me though was sticking to one specific strategy and I want to walk you to that right now because really what damages you the most as a Trader and gets you stuck in what I call a learning Loop and I was stuck in it for years is that you jump from strategy to strategy you have

to eventually land on one that works for you because jumping from strategy to strategy or trying to add multiple indicators here and there just does not work you have to stick to a specific strategy and this is one that I eventually landed on it got me out of that learning Loop and I was able to become consistently profitable after years of just struggling and so this is the exact same kind setup that we were just looking at but it's on the flip side now and it's the same thing that I look at every day and

so it's one looking for either a support level or resistance level this is a support level in this trade and again go check out that video I mentioned about drawing support and resistance levels that's will really help you in how I find these all it is it's that timing right that patience waiting for now this market and I'm trading the S&P 500 here to come down into this level you can see I have a trend line here wait for essentially this trend this methodical Trend it's in now it's not as crisp as the last one

so I'm not as confident in this trade now but it's still really strong and so what I'm looking for is I just want to see okay I want to see this trend break I want to see it start to go sideways lose that downwards momentum because again you don't want to just blindly be buying hoping that it's going to reverse you want to see signals that are telling you that it's going to reverse right and so from there kind of the next thing in my setup is once it's broken that Trend that's step two I

want to see it make some kind of attempt to keep going lower I want to see it exhaust this is kind of something that really Keys me into saying okay this is actually really way more likely to reverse and this is kind of it'll catapult it in the other direction so that's what I'm seeing right here for that is kind of these two bearish candlesticks is the market really fast paced in these two candlesticks tries to keep going lower and you can see we essentially have a double bottom here and it breaks out the price

here breaks out briefly very very tiny amount but this big Candlestick pushes it below makes a new low but it's barely making a new low what I do is I call this a failed breakout when it breaks makes a new low by just a little bit and then the failure comes in when this Candlestick right here when this bullish Candlestick happens and I'll Zoom back in the recording here so you can see see this when I entered is I entered in right here once this Candlestick formed I put essentially a stop market order above this

saying hey if it breaks above the high of this Candlestick I want to jump in on a trade and I'm going to put my stop loss below this failed breakout because I think I like to go with the structure of the market and so I think that's a good place for a stop loss because if the stop loss is below here you know it's more likely that if the market breaks below that well I think it'll keep continuing lower I'm wrong on my idea and I just want to move on to a better spot again

it's about that patience and waiting for these good spots another thing too to pay attention to is that risk reward right is I want to make sure that I can risk a small amount here to capture a larger amount of profit that's a positive risk reward and that's going to help us become more consistently profitable in the long run and so let me just kind of Zoom this forward here because now once you're in the trade you got to manage it properly a big issue I see a lot of people when they're scalping is they

will jump out of a trade too early because they're scared for a few reasons and the first one of those is moving up to break even too early when you start to get a little bit of profit when it starts to go in your favor just a little bit you had all this fear of jumping in on the trade losing this initial money and you move up to break even too quickly and we you have to realize is especially for these kind of Trades when the market comes down here it's going to have some side

way chop here for a while potentially before it shifts higher and so what you have to do is you have to give it that wiggle room that time you don't know when it's going to kind of break out of this area because you don't necessarily get in perfectly on the right time right and so actually what happened there was I added on two more contracts because I liked the fact that the market came down here again and had another bullish Candlestick I liked I thought that was a good signal that it increased the likelihood to

jump in or to go higher and so I actually scaled in I doubled down on this trade I initially jumped in on a smaller size because I was a little worried about kind of potential chop and it didn't seem as strong of a move and so I went in on Half Size that's something you can do as well is go smaller size when you're not as confident and then when you get that confidence if it's still in a good spot to jump in on a trade you can add on this is something a little more

advanced but it is something to definitely pay attention to another fearful thing that hits people is once it starts to go in their favor they'll get out too early just try and let the market play out and do what it's going to do because you spend a lot of time waiting for the perfect spot to jump in and in this case these are always inflection points right the Market's come down here it's broken this trend either it's going to go up and you can potentially capture a lot of money or it's going to go down

that's why we have our stop loss right it'll cut out and not lose that much money and then and on the flip side though you can profit a lot and so that's why you got to kind of let these things play out and so for me of course I've got better and better at this over time this is something that you will get better at over time but you have to put rules in place what you need to do is have a management plan that you follow every time you jump into a trade that okay

I only go break even when the price you know clearly breaks out in the direction and it's gone one or one and a half times my risk in the profit area and then I also wait and slowly Trail it up only once it starts to put in a clean methodical trend of structure that I can move with I don't find it worthwhile to move up randomly at certain areas because you want to let things wait and so what happened right here this kind of moved up I had a little horizontal line here because that's when

news was happening and so I was okay holding into news I normally don't hold into news but because my trade was already break even I thought that it was okay to hold into news because again I won't lose anything if it goes against me but news can sometimes be a catalyst and punch the market higher and so again thinking about the risk reward the math behind trading of I'm not risking much here if it goes against me but if this news is really positive I could get three four five times my risk if this really

starts to excelerate in my favor and so that's another thing to think about when you're trading is managing that risk as as well and so just to kind of again keep zooming this forwards you can see once it kind of had this bounce here from the news that's where I kind of moved up with the swing and then as well as it continues forwards we have this uptrend line I'll kind of move with the swings as it goes up there and then from there I'm looking to slowly start to scale out of the trade now

as it starts to become more and more profitable in my favor and so this is where the wiggle room and giving the trade time to play out is really powerful because you don't know how it's going to play out and so here it started to punch up looks like it was going to keep going higher and it knocks me out there for still a nice $1,000 profit on that trade and that's a really nice way to close out the day and so if you want to learn how you can start with this strategy scale up

from a small account risking $ 20 to $50 at a time just like I did and now to where I am now making thousands of dollars in one trade check out this video right here I will lay out a whole plan for you