AAPL Scalping Secrets: A Pro's Guide to Tape Reading the 1-Minute Chart

1. Setup Definition and Market Context

This section will define the trading setup and the ideal market context for its application. For article 4, we will focus on a specific instrument and market condition.

2. Entry Rules

Here, we'll lay out the specific, objective criteria for entering a trade. This will include exact indicator values, price action triggers, and the timeframe.

3. Exit Rules

This section will detail the rules for exiting a trade, covering both winning and losing scenarios.

4. Profit Target Placement

We will discuss various methods for placing profit targets, such as measured moves, R-multiples, key levels, and ATR-based targets.

5. Stop Loss Placement

This section will cover different approaches to stop loss placement, including structure-based, ATR-based, and percentage-based stops.

6. Risk Control

Here, we'll discuss risk control measures like max risk per trade, daily loss limits, and position sizing rules.

7. Money Management

This section will examine into money management strategies such as the Kelly Criterion, fixed fractional, and scaling in/out.

8. Edge Definition

We will define the statistical edge of this trading setup, including win rate expectations and the R:R ratio.

9. Common Mistakes and How to Avoid Them

This section will highlight common mistakes traders make when using this setup and provide guidance on how to avoid them.

10. Real-World Example

Finally, we'll walk through a hypothetical trade with exact numbers on a specific instrument (e.g., ES, NQ, SPY, AAPL, EUR/USD, or BTC).