Must Watch. The 3 most important things in scalping the Micros for daily income.

As headline news continues to roll in and the constant negative market outlook overhangs us, not to mention the big reversal down today. I find it much easier to stay away from stocks. My focu on the last 2 -3 weeks has been on short term scalping of the $MES micro es contract. One tenth of an Es contract it is a great liquid vehicle to make daily income from. You can use this technique on whatever you like, but I just want to stress the importance of abiding by both entry rules and ESPECIALLY exit rules.

Just a my thoughts on the markets. There is so much negativity out there and as i heard today even the most dovish fed members are turning very negative calling for extreme measure. Measures that will have a negative effect on growth stocks in particular. With all this overhanging us I see the market "relatively" holding up. The one thing I am concern about is the market is waiting for another show to drop. So great opportunities in scalping I continue to be very cautious of stocks. I am otherwise very bullish on how we are holding up for now.

DTRS