Scalp trader Pro is a new Forex robot by Doug price. This is the same development team that brought the swing trader Pro and many other quick pip scalpers. This group of traders and put together quite a few robots now since their original release.
Today I will review this $600 automated trade copier and let the Forex robot nation community understand if this should be our next investment opportunity.
Scalp Trader Pro Review
The scalp trader Pro software is built to make traders over $30,000 within a few months of automated trading. The live trading account shows a gain of nearly 800% on my FX book. It seems like every single system that Doug releases works its way to the top of my FX book. Either these systems are truly groundbreaking or Doug’s found a way to beat the system. We can see that his, Vortex Trader Pro, Channel Trader Pro and Rev Trader Pro are all providing a very similar return. If these systems are all providing over 1000% in short periods of time I’m not sure why the trader would need anything else. The system is built to avoid high risk trades, good trading, martingale trading, high stops and long periods of exposed trades.
The scalp trader Pro is focused on finding strong trends and taking advantage of temporary pull backs. The real question here is to any of these systems work for actual traders? It’s clear that Doug is providing systems that show very well in my FX book but I think the best course of action is to dig deep into some of the reviews about his past systems to see how they’re viewed by the community. Much to my surprise, the reviews aren’t all positive. There’s quite a few traders that claim Doug’s past systems don’t measure up at all despite having such impressive my FX book records.
At this point I’m not going to give a recommendation to the scalp trader Pro until I hear more from the Forex robot nation community. I’ve seen positives and negatives about Doug’s trading systems but I’d like to hear from you. Nobody’s more knowledgeable than the readers here at Forex robot nation so let me know what you think about Doug and what he has to offer the Forex community. I appreciate the time you spend your Forex robot nation and hope that this review and discussion will provide the clarity you need to make the right decision.
Hello, I have bought 3 of Doug Price’s systems, Rev Trader Pro, Pivot Trader Pro, and Vortex Trader Pro. I started using them May of 2015 and they are all terrible. Very very high risk to reward ratios. One of them (Pivot trader) even has a 1000 pip stop loss where it takes a trade and holds it until it comes into positive or hits the ridiculous 1000 pip stop loss. I still have 3 positions open that are several hundred pips in the negative. They were opened way back in August and October. Rev Trader Pro blew up my account and I lost 80% of my account. Vortex also had a bad year. I have emailed about how bad the performances are and he just says he had a bad year but these systems are all hold and pray systems. Very high winning% because he holds trades until they become positive or hit a very big SL. The worst part is they all cost me $600 each. I am so disappointed I spent that much money to have all of my accounts lose money and worst of all the time I spent using these systems with negative returns. I hope this review helps and I will never buy anything else that Doug Price puts out.