summerwind25

It puzzles me too. BUT, the downside of scalping is covering your spread, not staying in the more profitable moves and dealing with ranging markets. It is also very intense - no problem if you want to be that active and you win a lot more than you lose. You read a lot about 90% or whatever ratio of new traders failing. We also see many people saying that you shouldn't scalp but trade on daily/hourly or whatever chart. Hmmm. I say if it works for you, stick with it. I've spent a fair bit of time with 50 tick and 100 tick charts attempting do do what you describe. I have to tell you that for me its been more profitable to deal on a longer time frame. Not that much longer - 15 min, 5 min and 3 min charts for strategy and 1 min for in and out decisions. The reason I changed from ticks to time is that my platform won't carry through support and resistance lines on tick charts.