Well, I think it
depends on your definition of "scalping"....
If you think that
mad crazy non-stop trading for 3, 5, even 10
pips is scalping...then you're right!
And it is madness!
For me, the risk
to reward ratio is just not that inviting for
this kind of strategy...it's truly madness!
Maybe better called
OCD or Obsessive/Compulsive Disorder!
It reminds me of a teenager playing a video
game! Ka-ching, lost, ka-ching, lost again!!
Madness! Is this you? I hope not!
Most retail forex
traders use an average stop loss of 30 pips
and and if they manage to squeek out a measly
5-8 pips in profit on average per trade, which
is how the average retail trader trades, they
think they're doing good, but it means they
have a terrible risk to reward ratio and are
doomed to ultimate failure!
Sadly, this is how most people "scalp" and think they can get ahead.
This is why 90% of all forex traders lose their accounts! and for each 30 pip loss, you have to win six 8 pip trades in a row to get back beyond break even!
This is a recipe
for disaster! If this is how you are trading,
your account will quickly go down the drain!
You'd have to be
able to have at least a 90%+ win ratio just
to stay in profit a little bit...and who amongst
us can win 90% of the time? For the rest
of your life??!! Know anyone?? I
didn't think so!!
So what if you did
manage to have a winning streak and you thought
you were just killing it and you thought it
would go on forever,
you're so good at this!
Well, you would
just have to keep your trading win ratio up
above 90% for the rest of your life and if you
could do that,
then you'd be the absolute
best trader on the planet!!!
But since you can't
possibly keep this up forever, you will eventually
lose enough times to wear out your nerves and
your account, and so this just isn't a feasible
You might win some
battles but you will eventually lose the war!
In other words....your
trading is just food for the
sharks....you'll be giving all those pips to
your broker and the bank!!!
You just can't ever
be a successful trader when trying to scalp
as the average trader does, for only 5-8 pips!
And this is what
the Big Boy Bankers and Brokers count on!
They know you're the hungry desperate little
fish in the ocean of retail trading and they
are the sharks just eating you alive!
They get richer as you get poorer!
what if your
target was the same target as the Big Boy Bankers,
Brokers, and Institutions are trading with and
these targets were lines automatically drawn on your chart
which are EXACTLY 25 PIPS APART??
If you knew what
these "KEY LEVEL"
were ahead of time and you could see them on
your chart and you had the right direction and
you had the right indicators to give you the
perfect or near perfect entry, do you think
you could "scalp" for 15 - 25 - 50 - 75 - 100
pips with a good risk to reward ratio and not
have to be correct 90% of the time?
With at least a 1:1
risk to reward ratio you'd only have to be
51% of the time and you would have a slow but
steady increase in your account.
And if the
key level targets
were hit 90% of the time, your chances
of success just sky rocketed!
And what if your
chart setup was so good that you could drop
your initial stop loss down to only 10-15
pips, even 25 pips but...
you had a target
of 25-50-75-100-200 pips, and up to 400 or 500 pips
and your trailing stop was always 25 pips?
Now your risk/reward ratio is much much better than
a measly 1:1, and your account can grow fast!
Does this sound appealing
and interesting to you? Better than scalping
blindly and madly for 5-8 pips! Oh yeah
baby, now we're talking!
you have to do is ...
Learn how to be a Key Level Target Trader!
Would you like to
have a chart setup and indicators that will
not only give you the
key level targets that the Big Boys are
pushing the price towards 99.9% of the time, right
on your chart, but also the timing indicators
and a way to increase your success rate by learning
how to use three time frames to trade in the
FOR A SUPER HIGH WIN RATIO?
Now You Would Be Winning The Battles And Also
Winning The War!
Instead of being a hungry desperate little
fishy swimming in the big bad ocean of
professional retail traders and bankers and
brokers, all of a sudden YOU would be the big bad fat shark getting
all the pips!
YES! LET'S GET YOU THERE!!
TAKE ACTION! GET THE TRAINING!
The Better! You Can't Afford To Wait!
You Need This, NOW!