Hi,
I realise one tick scalping is not for everyone, however, would the following be a reasonable set of parameters to start with ?
- Only look to trade when the volume matched has increased by 5% since first/last time we looked.
- Price hasnt moved in the last 30 seconds.
- Price has only moved by 1 tick up/down in the last 60 seconds.
- Price has only moved by 2 tick up/down in the last 90 seconds.
Any advice would be appreciated.
PS. I have triggers for scratching etc.
Thanks,
Stable Scalping
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Archery1969
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- Joined: Thu Oct 24, 2019 8:25 am
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What sport are you looking to scalp?Archery1969 wrote: ↑Sun Apr 26, 2020 10:04 amHi,
I realise one tick scalping is not for everyone, however, would the following be a reasonable set of parameters to start with ?
- Only look to trade when the volume matched has increased by 5% since first/last time we looked.
- Price hasnt moved in the last 30 seconds.
- Price has only moved by 1 tick up/down in the last 60 seconds.
- Price has only moved by 2 tick up/down in the last 90 seconds.
Any advice would be appreciated.
PS. I have triggers for scratching etc.
Thanks,
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Archery1969
- Posts: 4478
- Joined: Thu Oct 24, 2019 8:25 am
Horse racing, only Hcap or Grp grades.jamesg46 wrote: ↑Sun Apr 26, 2020 10:42 amWhat sport are you looking to scalp?Archery1969 wrote: ↑Sun Apr 26, 2020 10:04 amHi,
I realise one tick scalping is not for everyone, however, would the following be a reasonable set of parameters to start with ?
- Only look to trade when the volume matched has increased by 5% since first/last time we looked.
- Price hasnt moved in the last 30 seconds.
- Price has only moved by 1 tick up/down in the last 60 seconds.
- Price has only moved by 2 tick up/down in the last 90 seconds.
Any advice would be appreciated.
PS. I have triggers for scratching etc.
Thanks,
Personally I'd be setting a price range for the first 4 to be trading within & would be looking to scalp in markets where there is a higher number of runners. I dont automate anything so I'm pretty useless when it comes to conditions but in general if I'm looking to scalp manually I'd want it to be a strong race like you mentioned with the hcap & I'd also be looking for good competition within the first 4 runners to add some opinion into the mix... you still want volatility, just less of it. I've noticed in smaller races in terms of runners, peoples focus on a runner becomes more refined, less choice would suggest more opinion focused on one or two runners which can lead to more volatility. Just some thoughts, not facts.Archery1969 wrote: ↑Sun Apr 26, 2020 10:49 amHorse racing, only Hcap or Grp grades.jamesg46 wrote: ↑Sun Apr 26, 2020 10:42 amWhat sport are you looking to scalp?Archery1969 wrote: ↑Sun Apr 26, 2020 10:04 amHi,
I realise one tick scalping is not for everyone, however, would the following be a reasonable set of parameters to start with ?
- Only look to trade when the volume matched has increased by 5% since first/last time we looked.
- Price hasnt moved in the last 30 seconds.
- Price has only moved by 1 tick up/down in the last 60 seconds.
- Price has only moved by 2 tick up/down in the last 90 seconds.
Any advice would be appreciated.
PS. I have triggers for scratching etc.
Thanks,
The sample size of this data is very small so it's not as accurate as it could be, it's an average of a around 100-150 races per field size and is for Hcaps, but i hope it shows what I mean about there being a sweet spot for scalping.
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Archery1969
- Posts: 4478
- Joined: Thu Oct 24, 2019 8:25 am
