Extremely profitable: Master three efficient scalping trading strategies

Extremely profitable: Master three efficient scalp trading strategies

In daily trading, many traders have tried a fast trading strategy called “scalping”. The characteristic of this strategy is that the trading cycle is short, ranging from a few seconds to a few minutes, and dozens of transactions may be conducted in a day.

Although the profits of each transaction are not much, maybe only a few points to dozens of points, due to the high possibility of profit, you can also obtain considerable returns through multiple accumulations. Because of this, scalping trading is also very popular among short-term traders.

Next, I will introduce three efficient scalping trading strategies:

Opening 15-minute strategy

This strategy is to look for trading opportunities within 15 minutes after the opening.

Plan: Wait for the market to open and observe the price fluctuations in the first 15 minutes.

Enter: If the price exceeds the highest point of 15 minutes by 2 basis points, buy; if it is below the lowest point by 2 basis points, sell.

Stop profit: Once profit is 1 point, close the position immediately.

Stop loss: If there is no profit or loss of 1 point within 1 minute, exit immediately.

Note: If the first trading stop loss exits, you can look for a new breakthrough point at the end of the 15-minute opening and consider doubling your trading size.

10 o’clock strategy

Trade at 10 o’clock after the opening of the New York market.

Plan: Observe the price trend 30 minutes after the market opens. If it is close to the highest point of the day, prepare to sell; if it is close to the lowest point, prepare to buy.

Enter: Set a stop loss order based on the high or low point of the last 15 minutes.

Profit exit: Once the profit is 1.5 points, close the position immediately.

Stop loss: If the transaction exceeds 1 minute, no profit or loss is made by 1 point, exit immediately. After 10:30, if the stop loss order is not triggered, cancel the order.

3 o’clock strategy

Trade trading using the time period before the U.S. bond market closes at 3 p.m.

Purchase order setting: If the price drops 30 minutes before 3 o’clock, set a stop loss pay order.

Sell order settings: If the price rises 30 minutes before 3 o’clock, set a stop loss sell order.

The entry, exit and stop loss rules are the same as the 10 o’clock strategy. After 3:30, if the stop loss order is not triggered, all orders will be cancelled.

Mastering and flexibly using these scalping trading strategies will undoubtedly add a touch of color to traders’ returns. However, it is worth noting that while pursuing high-frequency profits, do not ignore the risk and security of funds. Only by reviewing transaction records in a timely manner, summarizing experiences and lessons, and constantly optimizing your trading plan can you be invincible in the fierce market competition.