Review: Excellent A+ Guide!
Rating: 5 out of 5
Date: 06 15, 2014
So what is scalping? A investor who trades frenetically and multiple times during trading sessions. A scalper tries to trade as much as possible during a single day trading. Pause...if your confused, think of "scalping" like someone "scouting" tickets; always rushing to unload tickets, this is the best analogy in my opinion. While I was reading this guide, this is what I thought of. This book is packed with powerful information and helpful examples & tips. Please note that there is a difference between a trader and scalper. The difference is a trader normally chooses 5 minute time frames and uses 30 minute charts, a scalper trades in time frames such as in 60 seconds. This guide touched base on how scalping works, differences between a scalper and market maker, the pros and cons of scalping; helpful to know the pros are-you can only loose a few pips, if your impulsive in nature-a risk taker then scalping is for you. The cons; scalping its not for everyone, everyone does not like to take a walk on the "wild" side, and explore such risk, and if you are a analytical person then scalping is not recommended. Key concepts, strategies, price movements, leveraging, how to pick a broker, how to reduce redundancy and an excellent step-by-step to scalping. This guide also highlights graphs providing a visual for scalping!  This is book is very beneficial to read and have, it provides so much information. Sebastian Tejeda strategized a wonderful guide, must read!