Scalping the Forex
Review summary:
Type of investment product: Forex trading course. A 6 hour CD ROM instructing you in how to "scalp the Forex" (i.e. spending one or two hour focused sessions scalping small numbers of points at a time). Following this method should enable you to make an average of 5% of your trading bank a week.
Cost: £245.
Who is it suitable for: Beginners and experienced traders alike can benefit from this course, as it involves learning skills and disciplines that even experienced traders may not possess.
Verdict: If you like the thrill of trading and like the idea of spending just 1 - 2 hours a day totally focused on a particular task to earn your living or some extra cash, then this could be for you.
Rating: 
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With John Bartlett's Scalping the Forex course you get no gimmicks, magic formulas or trading indicators. Instead, John teaches you the skills you need to develop the trading mindset to successfully "scalp" small numbers of points trading the Forex markets in very intensive 1 - 2 hour sessions.
I have attended one of John's residential courses of which Scalping the Forex was just one part. The second morning, he taught us the skills necessary for scalping and then after lunch we tested the methods for ourselves for one hour. Everyone in that class of 8 people made at least £150 profit in that time and one person made over £400 (not me unfortunately). Many people thought it was the best part of the course and to quote one delegate "all they really need to know to make money trading".
John has now developed a Scalping the Forex CD ROM to bring those lessons to a wider audience.
In the CD he shows you a live demonstration of scalping showing both winning and losing trades, and shows you how he makes a proft (on average 5% a week) spending just 1 hour a day trading. John actually recommends a maximum of 2 hours a day scalping the Forex as it takes enormous powers of concentration to do it well.
On the CD ROM he teaches you:
- Why you should only risk 2.5% of your capital on any scalping trade.
- The importance of financial record keeping.
- How to analyse and improve your trading.
- The importance of targets and operating as though you're running a business.
- How to develop the correct trading discipline.
- How to get in the 'zone' and in tune with market movements.
- Where to trade with just 1 point spreads (this can make all the difference between winning and losing).
- How to get free live data negating the need for expensive software.
One of the big attractions of this course is that you can practice the techniques completely live and risk free. You needn't risk a penny until such time as you want to start trading for real.
John has a down to earth, no BS, friendly teaching style. He genuinely wants to help people profit from trading and we are very happy to recommend his products to our subscribers.
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