TheTradeScalper.com Scalp Trading Course Review

TheTradeScalper.com Scalp Trading Course Review

The Trade Scalper is an online course for day traders that is periodically available from TheTradeScalper.com.  The next launch of the course is scheduled for June 22, 2010.  Students can expect to learn about scalp trading techniques through live instruction via webinar as well as written materials.  Those interested in the course can register on TheTradeScalper.com to receive the first three chapters, offering a sneak preview of what to expect.

The last Trade Scalper course was offered in February of 2010.  One of our staff members here at Trading-Systems-Indicators attended the course, as we are all interested in price action trading.  The following review is based on his experiences.

As a day trader, was primarily interested in techniques involving price action, because of the “purity” involved in the format.  Price action means that all trading decisions are based entirely on price and its location on a chart.  Since there is no conflicting data with this overall method, sub-methods of price action trading (such as trade scalping) can be employed.

The Trade Scalper In ActionIn February 2010, I reviewed the free, three-chapter Trade Scalper eBook to make sure that the course appeared informative.  I then decided to purchase the course once it became available.  In total, the course covered the following:

  • The best markets for scalp trading
  • What price action trading is
  • How to set up scalp trades (time frames, stop losses, etc.)
  • Expectations of market behavior / profit
  • Getting stomped out and how to prevent it

Each chapter was written clearly and organized in a cohesive format.  In my estimation, even non-traders would have a decent understanding of price action / trade scalping by the end of the course.

After reading the course, I participated in the webinar hosted by John Paul, a long time day trader and mentor (well known from DayTradeToWin.com).  The webinar allowed me to ask lingering questions I had.  John was highly professional and answered all questions from participants in a timely manner while demonstrating his scalp trading techniques live.  I highly recommend that anyone who purchases the Trade Scalper course attend the webinar, as it is included in the package.  Also, the course recommends using NinjaTrader.  Prior familiarization is recommended.

Once I felt confident in my understanding of the Trade Scalper methods, I was off trading.  To my delight, I found it very easy to pull off quick “tick trades” for a couple of points throughout the day.  In fact, trade scalping has become my preferred method of trading as it can be used on days of varying volatility.

TheTradeScalper.com has videos of live profits being made in the last couple of weeks.  Very few day trading courses offer actual live trading videos on a regular basis that show such profits.  This course is no joke – set aside the time and leave the rest of the trading herd “in the dust”!

Accuracy – ***** (5/5)
Ease of Use – **** (4/5)
Reliability – ***** (5/5)
Cost vs. Profit – **** (4/5)
Company Information / Customer Support – ***** (5/5)

Bottom Line

With the video evidence of the Trade Scalper methods working a daily basis, the first three chapters offered for free and a live instruction webinar INCLUDED in the course, there should be nothing holding you back.  The methods taught in theTrade Scalper course should be a favorite among every online day trader.  We highly recommend the course with a ***** (4/5) rating.


CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.

ANY ADVISORY OR SIGNAL GENERATED BY DAY TRADE TO WIN IS PROVIDED FOR EDUCATIONAL PURPOSED ONLY. ANY TRADES PLACED UPON RELIANCE ON WWW.TRADING-SYSTEMS-INDICATORS.COM ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES OR COMMODITY INTERESTS.

2 Comments

1
JT
Monday 1 November 2010 - 8:32 pm

What was the cost of the ebook for this course?

Thanks.

2
admin
Wednesday 3 November 2010 - 8:07 am

When we reviewed the course, it was selling for about $597.00 (with instructional training included). I would check the website http://www.thetradescalper.com to see if the price has increased and if John Paul’s live instruction is still offered. E-mailing The Trade Scalper directly is your best option.



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