Desire To Trade Podcast | Interviews with Highly Successful Traders13 Nov 2023

428: Intro To Scalping Course - Michael Toma

Intro To Scalping Course

In episode 428 of the Desire To Trade Podcast, we will be listening to the recording of the ultimate scalping intro course with expert trader Michael Toma. If you are serious about learning how to do scalping properly, this video is perfect for you! And it's FREE!

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

00:00 Introduction
00:57 Is scalping right for you?
01:39 Why consider scalping?
04:06 What appeals to you as a trader?
04:20 Requirements specific to scalping
06:03 Higher business costs of scalping
07:16 Qualify to be a scalper
08:53 Risk management, discipline, and patience
09:42 Own a strategy with edge and the ability to produce that edge
10:33 Manage trade size like a pro
11:50 What the best of the best scalpers do
15:59 Know "E-V" & math-edge always wins over time
17:39 The realities of scalping
18:50 Effort is not equal to results
21:22 Scalping requires lots of mental focus
22:15 Journaling and reviews
22:58 Brokers love you
23:33 Prop firms love you too
24:36 So you wanna be a scalper?
25:51 Apply to be a scalper
26:34 95% trade compliance requirement
27:20 Focus on 1-2 products
28:45 Intense learning from performance
and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

DesireToTRADE Forex Trader Community (free group!)
Complete Price Action Strategy Checklist
One-Page Trading Plan (free template)
Recommended brokers:
- EightCap (preferred Crypto and FX Broker)
- AxiTrader (use our link to get a special bonus)
Desire To TRADE Academy

About The Desire To Trade Podcast

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How To Find Michael Toma?

www.DesireToTrade.com

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

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