Hello,
Whats a good scalping forex course? I know about the baby pips school im looking for something more
Hello,
Whats a good scalping forex course? I know about the baby pips school im looking for something more
No one here is going to spoon feed you. We had to work for our knowledge, so you need to do your own homework too.
Isn’t that just a little bit strong?
Bogbanm was asking about schooling and courses - not for a ready-made trading method on a plate. Just asking for help and guidance as to how and where to learn - not looking for short-cuts.
Everyone knows there is a lot of rubbish “training” stuff out there on the net. Asking for advice and hints as to [I]how and where[/I] to learn seems to me to be very sensible and has very little to do with spoons?
Just my view, sorry I butted in…
Lurk into Chris Capre’s Price action, I’m sure you’ll find a lot of useful things in this book. Although bear in mind, author’s views on scalping are pretty subjective and may need to go through backtesting before used in live market.
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It really hard to say which courses are good. I’d say it’s better if you just teach yourself everything by searching the internet.
Price Action is pretty much nearly everything you need to know. Once you know risk management, support & resistance, candlestick patterns then you’re pretty much good to go and paper trade on the market.
You should ALWAYS learn more constantly. The things I listed above are just guide lines for you on what you will need to know in order to have a good foundation.
Regarding courses, you can check out ClayTrader, he also has a YouTube channel with a lot of videos and does (at least did before, not sure about now) LIVE videos of him scalping stocks.
That’s pretty much the only course that is ok in my opinion. But honestly, all you’ll learn in these forex courses is things like what is pip, what is spread, support & resistance, moving averages, patterns etc. and these are just complete basics which will take 1 day to learn so please don’t waste your money.
I really recommend a book “Forex Price Action Scalping” by Bob Volman. It is very educational and has a nice scalping method in it. It works for me anyway. There’s also this forum where people share their thoughts about Bob Volman’s methodology and their results:
http://www.trade2win.com/boards/forex/153716-bob-volman-price-action-scalping.html
Very good advice, there.
There are at least a few of us here who recommend that book, too.