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Strategies & Market Trends : Daytrading Psychology -- Ignore unavailable to you. Want to Upgrade?

To: rocklobster who wrote (73)	12/3/2000 11:39:49 AM
From: davealex	Respond to of 104

however, the demo is a bit misleading cause it will let you buy at the bid and sell at the ask instantaneously.. I racked up about twenty grand in ten minutes on a 50,000 dollar account doing this.... Man, I hate to be cynical and dark about this, but this sounds like the perfect system for a scam artist to use to "teach scalping" to newbies for a fee. I can just see them placing small ads, hooking people who want to learn to trade, showing them how easy it is to scalp on a demo system like this and then skipping town to do it somewhere else. I think that demo software like this should be required to show a message when a pattern like this is detected "YOU CANNOT ACTUALLY TRADE LIKE THIS IN LIVE MARKET CONDITIONS" or something like that. Maybe I'm too just too suspicious. :-) Dave