Practice Makes Wisdom

Have you ever watched a game of some professional sport such as football, hockey, baseball, soccer or basketball? Surely you would agree that the athletes have spent many hours (actually years) practicing and honing their athletic skills before they ran out onto the field for the big game (the real game). Before you trade with real money you too should practice practice practice with fake money in a "demo trading account".

By the time you finish reading this eBook you'll likely feel confident that you can successfully scalp trade. Chances are that you'll probably be able to, but just because you can do something doesn't mean you should do something. You really do need to practice to gain proficiency as a scalp trader.

You can read this entire eBook, study all the trading rules and trading set ups presented, however there is simply something that I can't teach you that you can only learn by your own practicing. Being able to read the charts in real time and being able to decipher & to make the decision whether to trade or exit a trade requires what can seem like intuition. Once you are skilled at scalping you almost appear to be psychic to someone sitting next to you.

The only way to develop this "intuition" is by extensive practicing. Once you've watched your real-time charts long enough and have witnessed many micro trends as they happen you'll begin to get a "feel" for what the market is doing based on the behavior of the real-time price action. Again, this isn't something I (or anyone) can possibly teach you within a book such as this; you can only cultivate this "intuitive" skill by observing the live market.

This eBook will teach you the knowledge you need to know to be able to able to scalp trade the Forex market, but, as any athlete can tell you, you need to practice to develop proficiency. Many people have "knowledge", but few people have "wisdom" - wisdom is the result of the marriage of "knowledge" and "experience". Reading this eBook will provide you with easy knowledge, but to develop the wisdom is completely up to you (clue: practice practice practice).

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