Yes, I know one for real. He keeps saying cr*p about my trades. I think he's trying to convince me to sign up with him for training or something.
As much as you need it, it's not something I do. As for the stuff I sell, it would probably be of no use to you either at this stage in the journey. Funny thing is - I started off exactly where you are. Attempting to apply my technical skills to the markets. I probably put in 2 years at this before I did a huge analysis project to do statistical modelling on the various items we see in TA books. The result of this modelling showed me that the markets are not mathematical. Of course, if you are arb trading, then statistical models can be applied but for trading outright directional positions, the answer is more in emotion than math.
Scalping off a chart in forex is a tough game in my opinion. Mostly because the market is one dimensional. You have charts but you don't have volume, tape or a DOM. The tape/delta and DOM are Godsends in the futures markets.
You obviously need to work on the entries. For me, it seems that no matter what other people taught me on the topic - which was Mr Charts, Joel Parker, Brian Hoffman and also I spent time looking at free resource from FT71 - it seems that I couldn't fit any of these methods onto me in exactly the way they taught. My results were sporadic but much better than before the training.
What I could do though was see things based on what they taught that let me define the method that suited me. So - training didn't give me a cookie cutter system to trade, it gave me an understanding which I needed to apply to my own style.
I think part of the problem is that if you talk to someone that has been doing something for 5-10 years, is that the one thing they cannot impart is their experience. It's a bit like having golf lessons off Tiger. I'd never be as good as him at what he does. Still, I'd eventually be able to hold my own.
Now - I can hand on heart say that I would still take additional training. There is no need to stand still in your trading just like it's no need to stand still in your IT career. The problem is at this stage, I don't know if there's anything missing. I guess when I see the right thing, I'll jump at it.
For a scalper - entry is everything. Ideally you need to get in and out on limit orders and you cannot chase a trade. This nailing of the entry point is only something you can teach yourself with pointers from someone that has already made it in that respect. Understand it, trade it, figure out which methods apply best to you an stick to them
For Forex, you should drop the SIM account. Get a demo at Mirus with Ninja/Zenfire and an account at Oanda where you can trade for pennies. Use Ninja/Zenfire to analyze the futures market (eg the 6E) and then trade the EUR/USD in very small size on Oanda.This does not have to break you but you will find that when there is real money on the line - even if it is just a fee $$$ per trade - this is how you will improve.
Also - stop asking people for account statements. The community will give back if you are nice to people. If you are just annoying, you will not see much in terms of solid replies to your quest.
