Scalp Ladder Trainer

You're fading the edge for a tick or pip scalp, not a swing to the far side. Each rep hands you the room left to the midpoint, the spread, the commission, and a proposed target and stop in ticks. Call FADE when the target still clears spread and commission by at least 2 to 1 against the stop and stays inside the edge-to-midpoint room. Call SKIP when either check fails, no matter how good the setup looks on the ladder.

How it grades. Each rep rolls a range width, how far price has already run off the edge, a spread and a commission that both vary rep to rep the way they vary broker to broker, and a proposed target and stop in ticks. Room to the midpoint is half the range minus the distance already run. Net target is the target minus spread and commission combined. Net R is the net target divided by the stop. FADE is correct only when net R clears 2 and the target still fits inside the room. Otherwise SKIP is correct, even when the raw target looked fine before cost. Hard mode drops the room and net R readouts so you work them out yourself from the range width, the distance run, the cost and the stop. Keyboard: F to fade, S to skip, Enter for the next rep.

Educational tool only, not financial advice. Spread and commission here are randomized examples for the drill, not quotes from any broker. Check your own account's costs before sizing a scalp.

Built by Jason Parker, founder of Trading Ranges.

Built by Jason Parker, founder of Trading Ranges.