Scalping by tape reading from the archives
1 min readWhile analysing some of my trading from Q4 of 2009 in preperation for 2010 I came across this live trade I captured and thought I would share. I was scalping with 10 lots, scaling out to manage risk. Holding a core position and then re-rentering when the tape comfirms.
See how sellers reload on the DOM, and how reading the DOM is just as if not more important that the time and sales window.
httpvh://www.youtube.com/watch?v=gVsviqGiEbg