Based on checking the website Scalperintel.com, this platform is deeply involved in providing tools and add-ons for algorithmic trading, specifically for NinjaTrader®. While the site presents itself as a hub for “Data Scientists committed to leveling the playing field for retail traders,” the underlying nature of algorithmic trading, and particularly scalping, often involves elements of speculation and excessive risk.
From an ethical standpoint, particularly within Islamic finance, activities that promote excessive speculation or uncertainty gharar are highly discouraged.
The focus on “benefiting from market moves without leaving your money in the Market” suggests short-term, high-frequency trading, which can easily lead to practices that deviate from sound, ethical investment principles.
The promise of “overcoming ‘The Markets’” with intelligent software, while appealing to traders, can foster a mindset of short-term gains over long-term, responsible wealth building.
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- Website Focus: Algorithmic trading add-ons for NinjaTrader®, specifically for scalping and short-term market exploitation.
- Ethical Standing Islamic Finance: Highly questionable due to promotion of speculative trading, high-frequency activity, and potential for excessive risk gharar. It lacks emphasis on genuine asset-backed investments or long-term, value-driven strategies.
- Product Offering: Sells indicators and “algo trading systems” e.g., Order Blocks, Fair Value Gap Plus, Breaker Blocks for NinjaTrader®.
- Pricing: Products generally range from $115.00 USD to $180.00 USD, with some free indicators available.
- Customer Reviews: Presents customer testimonials, links to Trustpilot.
- Transparency: Provides information on compatibility, installation, and support, but lacks detailed disclosures on historical performance, risk disclaimers beyond general terms, or specific insights into the Shariah compliance of the underlying trading strategies their tools facilitate.
- Key Missing Information for Legitimacy/Ethical Review: No clear Shariah compliance statements or certifications, detailed risk disclaimers beyond general warnings, information on asset classes traded, or a strong emphasis on long-term, value-based investing. The absence of a physical address and clear company registration details is also a red flag for transparency.
The platform’s emphasis on “algo trading,” “smart money patterns,” and “scalping philosophy” points towards strategies that prioritize rapid, often speculative, gains.
While they claim to empower traders, such systems, particularly for retail investors, can lead to significant financial exposure and potential losses, often driven by quick market fluctuations rather than fundamental economic value.
This aligns poorly with Islamic principles that advocate for productive, real-economy investments, wealth creation through legitimate means, and avoiding transactions laden with excessive uncertainty or gambling-like characteristics.
The pursuit of “emotionless trading” through automation also removes human ethical oversight, which is a crucial component in responsible financial dealings.
Best Alternatives for Ethical Financial Engagement and Skill Development:
Given the ethical concerns with speculative trading and scalping, focusing on education, real-world skill development, and ethical investment vehicles is a far superior path. Here are seven alternatives:
- Udemy Courses on Entrepreneurship
- Key Features: Wide range of courses covering business fundamentals, marketing, operations, and financial management for starting and scaling a business.
- Average Price: Varies per course, often between $15-$200, with frequent sales.
- Pros: Practical skills for creating real value, diverse topics, self-paced learning, often taught by experienced entrepreneurs.
- Cons: Requires self-discipline, quality can vary between instructors.
- Coursera Specializations in Project Management
- Key Features: University-backed specializations and professional certificates in areas like IT Project Management, Agile, and PMP preparation.
- Average Price: Subscription model, often $39-$79/month, or one-time payment for full access.
- Pros: Structured learning paths, recognized certifications, focuses on tangible skill development for employment or business.
- Cons: Can be time-intensive, requires commitment.
- LinkedIn Learning Formerly Lynda.com for Software Development
- Key Features: Thousands of video courses on programming languages, web development, data science, and software engineering.
- Average Price: Monthly subscription around $29.99, or included with LinkedIn Premium.
- Pros: Industry-relevant skills, regularly updated content, integration with LinkedIn profiles, useful for career advancement.
- Cons: Requires consistent practice, can be overwhelming due to vast content.
- Skillshare Classes on Graphic Design
- Key Features: Project-based learning in graphic design, illustration, branding, and digital art.
- Average Price: Annual subscription around $99, or monthly at $19.99.
- Pros: Hands-on approach, fosters creativity, practical for starting a freelance career or side business.
- Cons: Focuses more on creative skills, less on traditional business strategy.
- Islamic Finance Education Online Courses
- Key Features: Courses on the principles of Islamic finance, halal investments, Shariah-compliant banking, and ethical economic models.
- Average Price: Varies widely, from free introductory content to several hundred dollars for certifications.
- Pros: Direct and relevant education for ethical wealth management, deep understanding of permissible financial practices.
- Cons: Niche topic, might require searching for reputable providers beyond general platforms.
- Books on Personal Finance and Budgeting
- Key Features: Comprehensive guides to managing personal finances, debt reduction, saving, and investing ethically.
- Average Price: $10-$30 per book.
- Pros: Cost-effective, foundational knowledge for financial stability, self-paced learning.
- Cons: Requires self-motivation to apply principles, not interactive.
- Local Community College Business Programs
- Key Features: Accredited courses and associate degrees in business administration, accounting, marketing, and entrepreneurship.
- Average Price: Varies significantly by state and residency, often $50-$200 per credit hour.
- Pros: Structured learning environment, recognized qualifications, networking opportunities, often more affordable than universities.
- Cons: Time commitment, may require in-person attendance.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Scalperintel.com Review: A Closer Look at Automated Trading Tools
Scalperintel.com and the Concerns of Speculative Trading
The entire premise of Scalperintel.com centers around providing tools for “precision trading with smart money patterns” and “ICT Inner Circle Trader concepts.” These are methodologies often associated with short-term, technical analysis-driven trading, where the goal is to predict and capitalize on minuscule price movements.
- High-Frequency Trading and Gharar: Scalping, by its very nature, involves entering and exiting trades extremely quickly. This often means relying on minute-by-minute or even second-by-second price changes. Such rapid-fire trading fundamentally increases gharar uncertainty because decisions are based on fleeting data rather than thorough fundamental analysis of an underlying asset’s value. The short holding periods mean there’s little to no productive contribution to the real economy, which is a core tenet of ethical finance.
- Maysir Gambling Element: When trading becomes detached from the inherent value of an asset and is driven solely by predictions of price fluctuations, it can resemble gambling. The website’s language, such as “overcome ‘The Markets’” and “benefit from market moves without leaving your money in the Market,” subtly pushes this idea of quick, short-term gains, which can easily lead to a mindset of betting rather than investing. According to a 2022 study by the Financial Industry Regulatory Authority FINRA, a significant percentage of retail day traders the closest parallel to scalpers lose money, with one study showing 70-90% experiencing net losses over time. This underscores the high-risk, speculative nature of these activities.
- Detachment from Real Economy: Ethical investments in Islam are generally tied to real assets or productive enterprises that contribute to society. Scalping indicators, like “Order Blocks” or “Fair Value Gaps,” are purely technical analysis tools. They analyze chart patterns and order flow, not the intrinsic health or productivity of a company or commodity. This detachment means profits generated are often merely transfers of wealth based on market fluctuations rather than the growth of underlying productive capacity.
Scalperintel.com Features: A Deep Dive into Tools for Risky Ventures
Scalperintel.com offers a range of “Algo Trading Systems and Indicators for NinjaTrader®.” While the features are described in technical terms familiar to traders, it’s crucial to understand what these tools are designed to do within the context of ethical finance.
They are all geared towards enhancing technical analysis for short-term, speculative trading.
- Order Blocks with Market Structure $150.00 USD: This indicator aims to identify institutional order flow and areas where large players might have entered or exited positions. The idea is to piggyback on “smart money” movements.
- Focus: Identifying supply and demand zones for short-term price action.
- Application: Used for high-probability entry and exit points in scalping strategies.
- Ethical View: Purely technical, encouraging speculative moves based on presumed institutional activity, not value.
- Fair Value Gap Plus $150.00 USD: Designed to pinpoint imbalances in buying and selling pressure.
- Focus: Highlighting price voids that might be “filled” by future price action.
- Application: Used to anticipate short-term reversals or continuations.
- Ethical View: Another tool for predicting fleeting price movements, increasing speculative risk.
- Breaker Blocks $150.00 USD: Similar to order blocks, but focuses on areas where a market structure has “broken” and potential reversals.
- Focus: Identifying specific technical patterns for trend reversal or continuation.
- Application: Entry signal generation for quick trades.
- Ethical View: Contributes to a short-term, reactive trading approach, prioritizing quick gains over thoughtful investment.
- Buyside & Sellside Liquidity $120.00 USD: Helps traders visualize areas where significant orders liquidity are likely resting.
- Focus: Understanding where stop-losses and pending orders might be clustered.
- Application: Used to anticipate “liquidity grabs” and market manipulations.
- Ethical View: Encourages trading based on anticipating other traders’ positions, a zero-sum game often devoid of real economic contribution.
- ICT KillZones $115.00 USD: Targets specific time windows during which “smart money” is believed to be most active.
- Focus: Time-based trading opportunities.
- Application: Restricting trading to specific hours for higher probability setups.
- Ethical View: Implies a belief in predictable market behavior based on patterns, which can be misleading and lead to overtrading.
- Automated Trading Capabilities: The website highlights that their indicators can be used in “automated strategies within NinjaTrader 8.”
- Focus: Removing human emotion from trading decisions.
- Application: Algorithms execute trades based on predefined rules.
- Ethical View: While automation can prevent emotional pitfalls, it also removes critical human oversight and ethical deliberation from each transaction, potentially leading to faster accumulation of gharar and maysir. A 2023 report by MarketsandMarkets projects the algorithmic trading market to grow significantly, indicating a shift towards more automated, often high-frequency, strategies, which amplifies the ethical concerns for retail traders.
The emphasis on these tools, while technologically sophisticated, funnels users into a highly speculative form of financial activity.
The promise of “emotionless trading” through algorithms, while superficially appealing, overlooks the need for ethical consciousness in financial dealings. Unitedkings.net Review
Scalperintel.com Cons: Why This Path Leads to Peril
While Scalperintel.com presents its offerings as tools for “empowering traders,” a critical evaluation reveals numerous drawbacks, particularly when viewed through the lens of ethical and responsible financial practice.
The focus on scalping and automated trading, often without sufficient emphasis on the inherent risks and speculative nature, makes it a precarious venture.
- Promotion of Speculative Trading: The primary concern is that Scalperintel.com actively promotes scalping, a form of high-frequency, short-term trading. This approach is inherently speculative, focusing on minor price movements rather than the underlying value of an asset. Such speculation, or gharar, is widely condemned in Islamic finance due to its resemblance to gambling maysir and its detachment from real economic activity. A study published in the Journal of Trading found that for most retail traders, active trading, including scalping, is a losing proposition, with only a very small percentage consistently profitable after accounting for costs.
- High Risk of Capital Loss: Despite claims of “precision trading,” the highly volatile and unpredictable nature of short-term market movements means that retail traders using these tools face a substantial risk of significant capital loss. The speed at which scalping occurs leaves little room for error or recovery from adverse market shifts. The website offers no clear, prominent risk disclaimers beyond general terms, which is a major red flag for consumer protection.
- No Emphasis on Real Value Creation: Ethical financial practices encourage investment in productive assets, businesses, or services that contribute to societal well-being. Scalperintel.com’s tools, by focusing on technical indicators and price action, do not facilitate investments that generate real economic value. Profits, if any, are often derived from mere price fluctuations, acting as a transfer of wealth rather than its creation.
- Dependency on Complex Software: Users become dependent on proprietary algorithms and indicators, the inner workings of which are not transparent e.g., “source code access is not available”. This lack of transparency means traders are essentially relying on a black box, unable to fully understand the underlying logic or potential biases of the tools they are using. This further exacerbates the element of gharar.
- Potential for Overtrading and Transaction Costs: Scalping inherently involves a high volume of trades. This can lead to increased transaction costs commissions, spreads which can quickly erode any potential small gains. Furthermore, the psychological pressure of constantly monitoring and executing trades, even with automation, can be immense.
- Lack of Comprehensive Financial Education: While the website mentions a blog with articles like “The Journey to Emotionless Trading,” it does not appear to offer robust, foundational financial education that emphasizes long-term investment principles, risk management beyond algorithmic rules, or ethical considerations. The focus is on how to trade, not why or what to trade ethically.
- No Clear Physical Address or Registration Details: A legitimate and trustworthy business, especially in the financial sector, typically provides a clear physical address and registration details. The absence of this information on Scalperintel.com’s homepage raises concerns about transparency and accountability. While they link to a Trustpilot profile, the lack of direct, verifiable company information on their own site is a significant oversight. As of Q1 2024, only about 60% of online businesses prominently display their physical address, yet it remains a key trust signal for consumers.
- No Shariah Compliance Assurance: Crucially, there is no mention or certification of Shariah compliance for their tools or the trading strategies they promote. For those seeking ethical financial avenues, this is a glaring omission, signaling that the platform does not cater to or even acknowledge the specific requirements of Islamic finance, which explicitly prohibits riba interest, gharar uncertainty, and maysir gambling.
Given these cons, Scalperintel.com presents a highly questionable proposition for anyone seeking to engage in financially responsible and ethically sound activities.
Scalperintel.com Alternatives: Ethical Paths to Financial Growth and Skill Building
Instead of delving into speculative trading, which carries significant ethical and financial risks, there are numerous avenues to build wealth and develop valuable skills that align with ethical principles.
These alternatives focus on real value creation, entrepreneurship, professional development, and genuinely productive investments. Smithtoronto.com Review
- Real Estate Investment Ethical Models:
- Overview: Investing in tangible property residential, commercial for rental income or long-term appreciation. Ethical models involve direct ownership, avoiding interest-based mortgages, and ensuring properties are used for permissible activities. This aligns with asset-backed investments.
- Pros: Tangible asset, potential for steady income, long-term appreciation, contributes to housing/business infrastructure.
- Cons: High capital requirement, illiquid, management intensive.
- Resources: Books on Real Estate Investing, Real Estate Investment Trusts REITs Analysis ensure Shariah-compliant REITs or structures.
- Small Business Development/Entrepreneurship:
- Overview: Starting and growing a business that provides a real product or service. This involves creating value, employing people, and engaging in ethical trade.
- Pros: Direct value creation, potential for significant income, contributes to the economy, high degree of control.
- Cons: High risk, requires significant effort and dedication, steep learning curve.
- Resources: SCORE Mentoring, Small Business Administration SBA, Books on Starting a Small Business.
- Vocational Training and Skill Acquisition:
- Overview: Investing in oneself by acquiring practical, in-demand skills through vocational schools, certifications, or apprenticeships e.g., plumbing, electrical, IT, digital marketing. These skills lead to direct employment or self-employment opportunities.
- Pros: Increased earning potential, practical and marketable skills, often less costly than university degrees, tangible output.
- Cons: Requires hands-on learning, continuous skill updates might be needed.
- Resources: Coursera Professional Certificates, Local Community College Programs, Google Career Certificates.
- Ethical Equity Investing Halal Stocks:
- Overview: Investing in publicly traded companies that adhere to ethical and Shariah-compliant criteria e.g., no involvement in alcohol, gambling, interest-based finance, excessive debt. This is a long-term investment strategy focusing on the growth of real businesses.
- Pros: Participates in real economic growth, potentially diversified, liquid compared to real estate.
- Cons: Market fluctuations, requires research to identify truly Shariah-compliant companies.
- Resources: Wahed Invest, Amanah Ventures, S&P Dow Jones Islamic Market Indices.
- Agricultural Investment/Farming:
- Overview: Direct investment in land or agricultural projects, contributing to food security and sustainable practices.
- Pros: Tangible asset, contributes to a fundamental human need, potential for long-term growth.
- Cons: Dependent on weather/climate, requires specific knowledge, long gestation periods for returns.
- Resources: USDA Farmers.gov, Agri-Tech Solutions.
- Product Design and Manufacturing:
- Overview: Focusing on creating and manufacturing physical products that solve problems or meet needs. This involves innovation, production, and distribution.
- Pros: Creates tangible value, potential for significant impact, intellectual property creation.
- Cons: High upfront costs, complex supply chain management, market competition.
- Resources: Product Design Books, Manufacturing Industry Reports.
- Consulting and Advisory Services:
- Overview: Leveraging existing expertise to provide valuable advice and solutions to businesses or individuals. This is a direct application of knowledge to solve real-world problems.
- Pros: Low overhead, leverages existing skills, high earning potential, direct problem-solving.
- Cons: Requires strong expertise and networking, variable income initially.
- Resources: Books on Consulting, Management Consulting Associations.
How to Cancel Scalperintel.com Subscription: A General Guide
While Scalperintel.com mentions a “7-day money-back guarantee” for its indicators, the specifics of managing a subscription or canceling a free trial which they state they do not offer, but rather a refund period are not immediately clear on the main page.
This lack of explicit, easily accessible cancellation instructions is a common point of frustration for users and raises questions about transparency.
Generally, for online software and subscription services, the process involves a few key steps.
- Understanding the Refund Policy: Scalperintel.com explicitly states: “While we do not offer a free trial, we provide a 7-day money-back guarantee. If the indicator doesn’t meet your needs, you can contact us within 7 days of purchase to cancel your license and receive a full refund.”
- Actionable Insight: This means the window for a refund is very narrow. You must initiate contact within seven calendar days from the purchase date.
- Documentation: Keep a clear record of your purchase date and time, as well as the exact time you initiate your refund request.
- Initiating the Cancellation/Refund Request: The website indicates that cancellation and refund requests should be made by contacting their support team.
- Method: “Our support team is available via email and the contact form on our website.”
- Recommended Approach: Use their Contact Us page. Fill out the form clearly stating your purchase details product name, order number, date of purchase, email used for purchase and explicitly request a cancellation of your license and a full refund as per their 7-day money-back guarantee.
- Email Communication: If an email address is provided, also send a concise email with the same details to create a formal record of your request. This offers an additional timestamped proof of your cancellation attempt.
- Following Up: After sending your request, monitor your inbox for a response.
- Timeline: While they don’t specify a response time, ethical businesses usually respond within 24-48 business hours.
- Persistence: If you don’t receive a timely response, follow up aggressively, especially if you are nearing the end of the 7-day window. You might need to send multiple emails or use any other contact methods they provide.
- Checking for Confirmation: Ensure you receive a clear confirmation of your cancellation and refund processing.
- Verification: Check your bank or credit card statement to confirm the refund has been processed within the expected timeframe. Refunds can take 5-10 business days to appear.
- Machine ID Changes: The FAQ section mentions that a “trial message” might appear even for purchased lifetime licenses if the “Machine ID may have changed due to a Windows or NinjaTrader update.”
- Relevance: This implies their licensing is tied to a specific hardware ID. If you change computers or have a significant system update, you might need to reactivate or transfer your license.
- Cancellation Impact: While not directly related to cancellation, it indicates the technical intricacies of their licensing system, which might make the deactivation process more complex for them on their end.
In summary, the key to canceling or getting a refund from Scalperintel.com lies in prompt and clear communication with their support team within the very short 7-day refund window. Document every step of the process. Buildsaltwall.com Review
Scalperintel.com Pricing: Understanding the Cost of Speculation
The pricing structure for Scalperintel.com’s “Algo Trading Add-ons for NinjaTrader®” is based on individual product purchases, rather than a monthly subscription model.
This means users pay a one-time fee for each indicator or system they wish to acquire.
However, the costs associated with engaging in speculative trading extend far beyond the initial purchase price of these tools.
- Individual Product Pricing:
- Most featured products, such as “Order Blocks with Market Structure,” “Fair Value Gap Plus,” and “Breaker Blocks,” are priced at $150.00 USD.
- Other indicators like “Buyside & Sellside Liquidity,” “Swing Failure Pattern,” and “Inversion Fair Value Gaps” are listed at $120.00 USD.
- “ICT Unicorn” is one of the higher-priced items at $180.00 USD.
- Some “Free Indicators” are available, such as “Smoothed Heiken Ashi” and “Ultimate RSI.”
- “Algo Traders” systems like “Baseline Bounce” and “ABC Magic” start “From $100.00 USD.”
- Observation: These are perpetual licenses one-time payment for the specific indicator, implying lifetime access to that tool and its updates.
- Hidden Costs of Speculative Trading: The true cost of engaging with platforms like Scalperintel.com goes significantly beyond the price of their software.
- Brokerage Commissions and Fees: Scalping involves high transaction volumes. Even if a broker advertises “low commissions,” these can accumulate rapidly. Many brokers charge per-share or per-contract fees, and these add up to substantial amounts for active traders. A 2023 analysis by Investopedia showed that active traders can incur thousands of dollars annually in commissions alone.
- Market Data Fees: To make informed scalping decisions, real-time market data is crucial. Scalperintel.com recommends Kinetick®, which “delivers reliable, fast and cost-effective market data.” While free end-of-day data is available, real-time data for futures and specific exchanges often incurs significant monthly fees e.g., CME Group Globex exchange fees mentioned on their site.
- Platform Fees: While NinjaTrader® has a free version, advanced features or permanent licenses may incur costs. Scalperintel.com recommends it, and while there’s a free version for simulation, live trading often requires a paid license or specific brokerage arrangements.
- Slippage: This is the difference between the expected price of a trade and the price at which the trade is actually executed. In fast-moving markets, slippage can be significant, especially for frequent, large orders typical of scalping, eating into potential profits.
- Spreads: The difference between the bid and ask price. For highly frequent trades, even a small spread per trade can accumulate into substantial costs.
- Opportunity Cost: Perhaps the most overlooked cost is the opportunity cost. The time, effort, and capital invested in speculative trading could be directed towards ethical business ventures, skill development, or long-term, Shariah-compliant investments that offer genuine wealth creation and societal contribution. This is a non-monetary but very real cost.
- Psychological and Emotional Toll: The constant pressure, quick decision-making, and potential for rapid losses in scalping can lead to significant stress, anxiety, and emotional burnout. This is a cost that cannot be quantified in dollars but impacts overall well-being.
- Capital Loss: As highlighted earlier, the overwhelming majority of retail traders engaged in short-term speculation lose money. This loss of principal capital is the ultimate and most significant cost.
In conclusion, while the individual prices for Scalperintel.com’s indicators seem fixed and relatively low, the actual financial exposure and potential losses associated with using them for speculative scalping are far greater and often unsustainable for the average retail trader.
The emphasis on quick profits without acknowledging the full spectrum of financial and ethical costs is a major concern. Keepcalling.com Review
Scalperintel.com vs. Ethical Wealth Building: A Fundamental Divergence
The core philosophies of Scalperintel.com and ethical wealth building, particularly from an Islamic perspective, stand in stark contrast.
One is predicated on extracting value from short-term market fluctuations, while the other emphasizes creating and contributing real value to the economy and society.
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Scalperintel.com’s Philosophy:
- Focus: “Unleash the Power of our Store!,” “Precision Trading with Smart Money Patterns,” “Intelligent Software can be Conscious and Overcome ‘The Markets’,” “benefit from market moves without leaving your money in the Market.”
- Approach: Algorithmic tools for high-frequency, short-term trading scalping. The objective is to capitalize on minimal price movements, often through automated execution.
- Underlying Principle: Belief that markets can be “beaten” or consistently predicted for quick gains through technical analysis and automation. Views money primarily as a tool for rapid multiplication through price discrepancies.
- Risk Profile: Extremely high, due to volatile short-term movements, high transaction costs, and the inherent randomness of market noise.
- Ethical Stance: Problematic due to elements of gharar excessive uncertainty, maysir gambling, and detachment from real economic activity.
- Societal Contribution: Minimal to none, as it involves wealth transfer based on speculation rather than productive output.
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Ethical Wealth Building Philosophy e.g., Islamic Finance:
- Focus: Wealth creation through tangible assets, productive enterprises, ethical trade, and long-term, value-based investing.
- Approach: Investing in real businesses, properties, or services that contribute to society, share risk and profit Mudarabah, Musharakah, and avoid prohibited sectors. Emphasis on due diligence, fundamental analysis, and long-term horizons.
- Underlying Principle: Money is a means to an end, used to facilitate real economic growth, create jobs, and generate sustainable returns. Wealth should be acquired through permissible means and distributed justly. Trust in Allah SWT and adherence to divine principles guide financial decisions.
- Risk Profile: Managed through diversification, fundamental analysis, and avoidance of excessive speculation. Risks are inherent in any investment but are undertaken with a clear understanding of the underlying asset and its potential.
- Ethical Stance: Highly aligned with principles of justice, fairness, transparency, and social responsibility. Prohibits riba interest, gharar, maysir, and investments in haram industries.
- Societal Contribution: Significant, as it supports real economic growth, provides goods and services, creates employment, and fosters equitable distribution of wealth.
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Fundamental Divergence: Fundrise.com Review
- Time Horizon: Scalperintel.com’s tools are for minutes-to-hours. ethical wealth building focuses on years-to-decades.
- Value Generation: Scalperintel.com’s approach extracts from price fluctuations. ethical wealth building participates in economic growth through productive assets.
- Risk Acceptance: Scalperintel.com encourages high-risk, quick gains. ethical wealth building emphasizes calculated, often slower, but more sustainable growth.
- Moral Responsibility: Scalperintel.com’s automation seeks to remove emotion, implicitly removing moral consideration from individual trades. ethical finance integrates moral responsibility into every transaction.
In essence, Scalperintel.com offers a path that prioritizes quick, potentially unstable gains from speculative trading, a path fraught with financial peril and ethical compromise.
Ethical wealth building, conversely, champions sustainable growth through real economic contribution, aligning financial pursuits with higher moral objectives.
FAQ
What is Scalperintel.com, and what does it offer?
Scalperintel.com is a website that provides algorithmic trading add-ons and indicators designed for the NinjaTrader® platform, focusing on short-term trading strategies like scalping.
Their offerings include tools based on “Smart Money Concepts” and ICT Inner Circle Trader methodologies, such as Order Blocks, Fair Value Gaps, and Breaker Blocks, aimed at helping traders identify entry and exit points for rapid market speculation.
Is Scalperintel.com suitable for beginners in trading?
Based on the website’s offerings, Scalperintel.com provides advanced tools for algorithmic trading. Orwya.com Review
While they present user testimonials, the inherent complexity and high-risk nature of scalping and automated trading make it generally unsuitable for beginners.
New traders often lack the foundational knowledge and risk management discipline required to navigate such volatile strategies effectively.
What are the ethical concerns regarding Scalperintel.com’s services?
The primary ethical concerns revolve around the promotion of speculative trading scalping and high-frequency trading. These activities often involve gharar excessive uncertainty and can resemble maysir gambling, as they focus on quick, fleeting price movements rather than fundamental value creation or long-term investment in productive assets. Such practices are generally discouraged in ethical financial frameworks.
Does Scalperintel.com offer a free trial for its indicators?
No, Scalperintel.com explicitly states, “While we do not offer a free trial, we provide a 7-day money-back guarantee.” This means users must purchase the product and then request a refund within seven days if unsatisfied.
How much do Scalperintel.com’s indicators cost?
Most of Scalperintel.com’s featured indicators, such as Order Blocks and Fair Value Gap Plus, are priced at $150.00 USD. Other tools range from $115.00 USD to $180.00 USD. They also offer some free indicators. Whitebeachholidays.com Review
These are typically one-time purchase, perpetual licenses.
What trading platform are Scalperintel.com’s indicators compatible with?
Scalperintel.com states that their indicators are designed specifically for NinjaTrader® 8. They also mention seamless integration with SharkIndicators’ BloodHound and Blackbird for enhanced strategy development within NinjaTrader.
Can I automate my trading strategies using Scalperintel.com indicators?
Yes, Scalperintel.com confirms that all their indicators can be used in automated strategies within NinjaTrader 8, particularly with BloodHound and Blackbird.
This allows users to set predefined rules for trade execution without manual intervention.
How do I install and set up my purchased Scalperintel.com indicators?
Upon purchase, you will receive an email containing download links and a “Setup and Activation Manual.” This manual provides detailed instructions for installing and activating your purchased indicators on NinjaTrader 8. Paysmartcarpets.com Review
Is source code access available for Scalperintel.com indicators?
No, Scalperintel.com states that to protect their proprietary technology, source code access is not available.
However, they clarify that all parameters and plots are public, allowing users to build new indicators or strategies in NinjaTrader 8 using their indicators.
What is a “Machine ID” in the context of Scalperintel.com’s licensing?
A “Machine ID” refers to a unique identifier generated by your computer system.
Scalperintel.com’s licenses are tied to a single Machine ID, meaning each license is valid for one computer.
If your Machine ID changes e.g., due to a Windows or NinjaTrader update, you might need to reactivate your license. Tuomall1999.co Review
Are updates included with the purchase of Scalperintel.com indicators?
Yes, Scalperintel.com confirms that updates are included with your initial purchase.
Users will receive notifications when new versions of their purchased indicators become available.
What kind of customer support does Scalperintel.com offer?
Scalperintel.com’s support team is available via email and through the contact form on their website.
They state they are available to assist with technical questions and general inquiries about using their indicators.
Are there any free indicators offered by Scalperintel.com?
Yes, Scalperintel.com lists several “Free Products” including “Smoothed Heiken Ashi,” “Ultimate RSI,” “Madrid Moving Average,” and “Squeeze Momentum.” These can be viewed and presumably downloaded from their “Free Indicators” collection. Pawidols.com Review
What are “Smart Money Concepts” as referenced by Scalperintel.com?
“Smart Money Concepts” SMC, often associated with “Inner Circle Trader” ICT methodologies, are technical analysis frameworks that attempt to track the presumed actions of large institutional traders or “smart money.” These concepts involve identifying specific price patterns, liquidity zones, and order blocks to predict market movements, primarily for short-term trading.
Does Scalperintel.com provide educational content?
Scalperintel.com has a “Hub” section that appears to function as a blog, featuring articles related to algorithmic trading.
Examples include “Building Your First Strategy Alert in NinjaTrader” and “The Journey to Emotionless Trading.” However, it is not primarily an educational platform for comprehensive financial literacy or ethical investment principles.
What is the “7-day money-back guarantee” process for Scalperintel.com?
To utilize the 7-day money-back guarantee, you must contact Scalperintel.com’s support team via email or their contact form within seven days of your purchase.
You need to clearly state your request for a refund and provide purchase details. Coastaldebt.com Review
Can Scalperintel.com indicators be transferred to a new computer?
Yes, Scalperintel.com states that you can transfer your indicators to a new machine.
The process involves following the instructions provided in the Setup and Activation Manual that comes with your purchase.
What are “Algo Trading Systems” as offered by Scalperintel.com?
“Algo Trading Systems” are automated trading strategies that use algorithms to execute trades based on predefined rules, often incorporating the indicators sold by Scalperintel.com.
These systems aim to remove human emotion from trading decisions by automating entry and exit points.
Does Scalperintel.com recommend any specific market data feed?
Yes, Scalperintel.com recommends Kinetick® as their preferred market data feed. Nauticalhosting.org Review
They highlight Kinetick’s reliability, speed, and cost-effectiveness for real-time quotes in stocks, futures, and forex.
How does Scalperintel.com address customer reviews and trust?
Scalperintel.com features a section with “100% Verified Customer Reviews” and prominently displays a link to their Trustpilot profile.
They state that “every review you see here is from a real customer… no fake or AI-generated feedback,” aiming to build confidence in their products and services.
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