A trader scalps the Russell 2000 at 6:33 am, entering 2 contracts at 2064 with a stop at 2065, and exits 16 minutes later with $190 to $290 profit. He prioritizes tight stops and quick exits over bigger wins, fitting trades around taking his grandson to school.
Good morning, AI Day Traders, and happy Wednesday. This is one of those, uh, trades this morning where you got something to do, you know. Yeah, I have to get out and take my grandson to school this morning, and so I didn't have a lot of time. So I was able to capture a little less than 3 points. How you can still capture a quick profit before 7 o'clock and then get out and, you know, take your kids to school or things of that nature. So come on, take a look. All right, it's about 6:33 in the morning on this, uh, Wednesday, and just going for a quick scalp. I'm trading, uh, 2 contracts on the Russell 2000. I got into this trade at 2064. It's at now 2067. And so, uh, I just want to be able to go ahead and start scalping my points, right? You know, we like to try to get, uh, our points real quick. You never know when the market's going to turn around. So the first thing I want to do is go to 65, just because— just in case this turns around, at least I got my first point of the day. And what that does is make sure that I'm not taking any losses, and that's really important. Right, because we don't want to— we want to protect our capital at all times. It's going on a nice bearish run. You can see all the indexes is up, and so now it's at 2069. So I'll go for a couple of more points. I'll just go for— let's go to— let's go 2066. You know, we'll— 2 points, right? And what we're doing, we're just keeping it light this morning, right? We just, you know, going along with the flow. You know, if this reversed on us Yeah, I got something to do this morning, so I won't be around long. So that's my, uh, quick scalp for the morning. And, you know, so $190, you know, might not sound like a lot, but when you look at it from 6:32 to 6:34, I mean, we're talking about 2 minutes, $190. If I don't take another trade for the day, you know, I gotta take my grandson to school this morning, I'm cool with that. You know, I got us some Starbucks money, and that's kind of how I look at trading. You know, I just try to add income to my portfolio every single day. I mean, it's on a bearish run, but it's like, you know, it's a little jumpy on the way up. And so I got to— like I said, I got something to do this morning, so I don't have time. I won't have time to kind of stay in play. So I just scalped a couple of points real quick. I was only able to get 3 points and I traded 2 contracts, started at 6:32, out at 6:48, ended up taking 2 trades, got 1 point here, got this other 2 points here. I'm not gonna try to get caught up, uh, before I get out of here. So, um, that's how I'm going to end my day. Because when you put everything into perspective, it's still almost $300— $290 in 16 minutes. I think that's still good, um, in terms of for the amount of time it took for me to run a play. So this is the benefit of being an EID day trader— having the skill, having the knowledge to be able to observe when to get in the market and get out of the market and get on about your
I was literally kicked off a Southwest flight before for being disrespectful.
