Forex Scalping - Which Is The Best Forex Scalping System?

There are many Forex Scalping systems to choose from online but which is the best? This article will discuss finding the best system for day trading success...

The best Forex scalping system is one which has a real time track record of gains - but you will be in for a long search if you want to find one - Why?


Because Forex scalping doesn't work and is one of the dumbest ways to trade. The only track records you see are ones that have been simulated in hindsight knowing all the closing prices. Now this of course is easy, as we can all make a fortune trading backwards but in real life we don't have this advantage.

So why is Forex scalping doomed to failure?

Its quite simple really, you are trying to work out what millions of different traders will do to make a single price. Now all these traders have different investment aims, methods of trading, different skills levels and most are influenced by the emotions of greed and fear. So how can this vast mass be predicted in a few hours or minutes - the answer is they can't.

If you listen to a lot of the advertising copy vendors use it make out prices move to some mystical theory or law which means, you can predict where prices will go in advance - but this is obviously not true.

Humans are illogical and don't conform to any scientific law. If they did, we would all know the price in advance and there would be no market.

Forex scalping is a good story but that's all it is but it doesn't not add up in reality.

If you try and test the theory in the market you will lose. If you don't believe me, try and find a Forex Day trading system which has a real time track record over the long term and you will be in for a long and fruitless search.

If you want to trade and win, trade time frames which can get the odds in your favour and this means either Forex swing trading ( still short term but you can get the odds on your side) or long term Forex trend following, both can make money and that's more than can be said for Forex scalping.

By: Sonia Kristina

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