Tick trading isn't all that different from other forms of day trading, the main difference is the duration. Following the trend and trading the trend is still your best bet, pun intended! With tick trading, the trend you’ll be trading is the micro-trend. If you haven’t already devised your own micro-trend trading strategy, here’s one for starters that will put you in good stead.
There is a fine line between tick trading and gambling. Tick trading can hardly be called trading in the traditional sense. As each trade literally lasts mere seconds, it’s more akin to a spin of the roulette wheel, aka gambling. Is tick trading gambling? And why does it matter?
Money management is one thing that sets the professional trader apart from the amateur. Whether you are day trading, swing trading or tick trading, you need money management. Simply put, it helps you keep the money you make and guards against blowing your trading account.