1 tick scalping strategies

[SFL Trader]

That makes sense..... Currently the setup is a breakout of Fibs on multiple time frames, the system enters market on breakout and immediately places a limit to exit 1 tick away from entry, I have a 4 tick stop. 83% wins but a sick amount of trades 5000 in 1 year, 25000 in 5 years.

You will do a sick amount of trades and you must have ultra-low commissions. Even still, you're not being realistic. Backtesting is pretty worthless. I know from experience. How do you decide to take a 1 tic loss? If it's 500 bid by 250 offer and you're short and 150 print into the 250, do you exit? Do you wait for that price to go bid and then work the bid? If you don't get filled on that bid, do you hit the next price within a certain time frame?

The market is going to fluctuate and you really do need to give it more room as well as shoot for bigger winning trades.

 

[semperfiguy223]

So... use a platform that lets you put your entry and exit trades in as a bundle? When the entry trade executes, stop-loss and profit target are put into the market as one-cancels-another orders and you're done, no?

Use a server based platform and you won't need to worry about lockups. Use this in conjunction with OCO orders and your good to go.