|
Frequently Asked Questions
Do I need a lot of money?
No, a few thousand is enough capital to begin training for your new
career. This should be money you can afford to lose, because you
will lose some of it. Fortunately, you can use simulated trading,
which is exactly like real trading; so you get a realistic experience
without risking any money. Gradually you will progress to a very
limited live trading, with strictly controlled gains and losses.
Do I need to know about trading?
It helps if you are already a trader. However, this is such a
different technique of trading that existing skills can actually get in
the way of your learning. If you are bright and motivated, you
can learn all you need to know about futures scalping. You don't
need to know anything about what futures are; just how to buy and sell
contracts like "cans of beans".
HOW CAN I GET STARTED?
Send an email to FutureScalper@gmail.com
. Explain your interest,
any experience you already have and whether you feel that scalping or
daytrading suits your trading style. If you are a futures
scalper, then state what instruments you scalp and a bit about how you
do things now. IF it seems you have "the right stuff", then you
will be invited to subscribe, and will be given access to the
software and guidance you need to succeed. If not, you will be
advised that this program may not be suitable for you.
What is scalping?
Scalping is a very specialized activity,
one which has gotten a "bad
name", mostly because the required tools, analysis, charting and
order execution, are not available.
First of all, scalping is best considered
to be "continuous trading",
where the trader profits frequently from smaller moves. In doing
so, the trader takes smaller risks, goes for smaller gains, and
strictly controls losses. Scalping daytraders hold no positions
overnight, so they sleep very well.
Why consider scalping?
Continuous trading or scalping offers smaller wins (and hopefully few
losses), so that there are no big surprises. By refusing to hold
a position overnight, there are no large risks and no surprises in the
morning. More importantly, when most traders see no opportunities
at all, the FutureScalper scalper can be trading successfully and
incrementally increasing equity.
Why special software?
Scalping requires very fast realtime indicators with a level of
precision far higher than "1 minute" or "3 minute" bars / candlesticks.
Entirely new indicators must be created which are capable of
informing the trader that a position is either a good one or a poor
one, and it is this level of precise indicator that NO software in
existence is able to provide, other than FutureScalper.
Why Futures?
With a very small account size, the individual trader can buy long or
sell short repeatedly, all day long. This is "daytrading".
In stock markets, however, there are restrictions on short
selling and especially large account requirements in order to daytrade.
Futures are never held to expiration, but are simply items bought
or sold by the trader. They might as well be called "shares",
but they are referred to as "contracts". Because futures move
usually through a single unified exchange, there is not the variability
in price and disadvantages which are present in the stock markets.
Also, many futures are closely tied to underlying equities for
those who are interested in the general market.
What are Market Makers?
Market Makers, or MM's control the markets and offer "liquidity" by
bidding and offering so that retail players always find a "market" and
can always buy and sell. However, Market Makers have advantages
which no ordinary trader can ever hope to have. Successful
trading involves discovering where the MM's are going to move the
market; and clues to their intentions are provided by the extremely
sensitive analysis of FutureScalper. With FutureScalper we "get
inside
the heads" of the Market Makers, and can better predict where they are
planning to move price.
Can individual scalpers prosper?
Yes, definitely, but only with the level of technological
sophistication provided by FutureScalper. Analysis is
specialized,
charting is specialized and order execution is also focussed entirely
on the precision of scalping for profit.
What is FutureScalper's most powerful feature?
Well, there is no single feature; rather a combination of being able to
measure the "commitment of traders" (aka Market Makers) against the
retail players; as well as the additional uniqueness of evaluating key
Market Depth (aka The Order Book) indicators which has never
before been
attempted by any software we've ever heard of. There are so many
unique features that learning FutureScalper is a complete
"re-education"
of the trader in the area of factors which drive short term price
movements.
How are losses controlled?
Well, the obvious answer is through "stops". However, stops are
very damaging when they're hit, and so we advocate avoiding being
stopped out at all costs, and managing trades using a few basic
techniques which turn loss positions into break-even or profitable
situations. Training or coaching is a big part of the solution,
as well as having good strong Analysis supporting trade entries, and
having fast semi-automatic triggers which give you an advantage on each
entry and exit.
You may email " FutureScalper@gmail.com " for more information. Click here
to request further information.


Page view count:  
since 7/1/07.
|