Hereâs the only scalping pattern I use⦠â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! Scalping is a strategy where traders aim to profit from small price movements in stocks. Itâs often used in ârealâ stocks that tend to move slower and have less volatility. Traders aim to buy at support and sell into a bounce, and short at resistance and cover into a pullback⦠But they do it hundreds of times throughout the day. Entering and exiting quickly and only capturing small price fluctuations. A lot of people think [scalping]( and [day trading]( are the same thing⦠So Iâm going to show you how scalping differs from the strategies I teach daily⦠Iâll also share one of the only scalp trades I look for that can regularly return quick 10%-20% moves. We just saw one of these moves on Friday⦠If you want bigger gains â [check this out](. Sponsored THE CLOCK IS TICKING⦠DONâT MISS OUT Tomorrow at 8 pm EST, Wall Street legend Jeff Zananiri is exposing the âMoney Linkâ loophole. You have the opportunity to get all the details on a brand-new trade recommendation that could potentially skyrocket into triple-digit territory in just a matter of weeks! If this sounds interesting⦠Click below to RSVP. But hurry⦠the clock is ticking. Understanding Scalping And One Pattern To Look For Scalping sounds cool but it's not as easy as it seems. Many new traders fall into the scalping trap ... They see stocks like Apple Inc. (NASDAQ: AAPL)âs price fluctuations and think, âHey, I can make money trading these small movements.â But unless you're a supercomputer, it's tough to succeed with scalping. Especially with poor [risk management](. [[ratio] ]( One big problem with scalping is that traders often focus on the small wins and forget about the [possible losses](. You might make a little money on lots of trades, but if you mess up once, you could lose it all. And that could take a long time to fix... Instead of scalping, I prefer a different approach. I like to make [plans for my trades](. And I focus on volatile stocks that can offer me a minimum of three to one risk-reward ratio. Stocks with higher rewards compared to the risk can protect you from devastating losses. [[ratio] ]( But there is one exception to my disdain for scalping⦠The Only Scalping Pattern In My Playbook The only setup I look for that remotely resembles a scalp trade is the $1 cross. Thatâs when a penny stock crosses $1 for the first time in a while â or ever â and it can often have a quick 10%-20% spike. But not every cheap stock crossing $1 is a good bet. It has to be "in play," which means it needs to have a lot of people trading it, some big news, and lots of volatility. [I wrote about the $1 cross and gave you some chart examples here](. Ocean Biomedical, Inc. (NASDAQ: OCEA) was another good example on Friday⦠It broke above $1 and quickly spiked to $1.08 â only an 8% move but we donât nick-pick over pennies. Iâll show you why⦠After the morning move, OCEA pulled back but then broke $1 again in the afternoon⦠This time it spiked to $1.13 before halting. And when it opened it went to 1.40 then $2.10 for a 100% move. OCEA chart: -day, 1-minute candle â courtesy of [StocksToTrade.com]( OCEAâs move was also similar to a VWAP hold High of day break ⦠It didnât really hold VWAP, it just reclaimed it and shot straight up. But whether you trade the $1 cross of the VWAP hold, no pattern is an exact science. You have to be quick to [lock in gains]( â especially when scalping. And you have to be willing to follow your plan and [stop out]( if necessary. You can always get back in when the stock sets up again. Consistency and discipline are the keys to long-term success no matter [what strategy you trade](. I discussed OCEA and the $1 cross trade idea in my morning webinar on Friday. If you want to join me live daily â [check out the Daily Income Trader System](. When you join youâll get live webinars, training, and access to some of the most powerful tools in the industry. If you already know about the Daily Income Traders system and want to get in my webinar right now â [sign up here](. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored WHAT AN INSANE MARKET! Remember seeing Remark Holdings, Inc. (NASDAQ: MARK) gain 300% due to a company tweet? 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[Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 **Tim Bohen teaches skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the âunsubscribeâ link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically â Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies. Copyright © StocksToTrade.com