Scalping for 3 Ticks in the E-mini S&P 500

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The Trade Scalper method uses a one-minute chart with a goal of making 2-4 ticks on each trade. Trade Scalper setups occur multiple times each day across a variety of markets. This is essentially what scalping is – going for small profit increments all day long. The setups are completely based on price action. Although an indicator is included for Trade Scalper entries, you are advised to trade without it just by knowing the candle patterns and the rules.

In this video, John Paul goes for a 3 tick profit on the E-mini S&P 500. John Paul recognized a trade at about 1:35 p.m. on May 22, 2013. His entry was at 1669.25, again going for 3 ticks. Since he’s going short, he’s looking to make money when price drops 3 ticks. Three ticks from his short entry is 1668.50 (the profit target). It takes a few minutes, but price eventually “tags,” then passes through the profit target, for a 3-tick profit. How much money is 3-ticks? For each E-mini contract, each tick is worth $12.50 USD. So with one contract, the profit for this quick trade is $37.50. With two contracts, you would double this amount. You also have to consider the cost of broker fees, which vary. Remember, the goal is to trade a reasonable amount of contracts once you’re comfortable with the method and trade multiple times a day with the Trade Scalper.

Here’s a more recent video showing a Trade Scalper trade on May 23, 2013:

2 Comments

  • John Paul says:

    Hi Balakrishna,

    I believe your question may be answered in the blog post itself:

    How much money is 3-ticks? For each E-mini contract, each tick is worth $12.50 USD. So with one contract, the profit for this quick trade is $37.50. With two contracts, you would double this amount. You also have to consider the cost of broker fees, which vary. Remember, the goal is to trade a reasonable amount of contracts once you’re comfortable with the method and trade multiple times a day with the Trade Scalper.

    Essentially, a tick is the smallest movement the E-mini S&P. The E-mini is in “ticks” of .25 points. One whole point is four ticks.
    Please let us know if we can clarify further. Thank you!

  • Balakrishna gupha says:

    Dear sir,
    I am from India,
    we have watched your 23rd May free video page 3 tick and 6 tick you are stating ticks what its meaning
    kindly reply
    regards
    MLB Guptha

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