Come on, with the news doing the rounds and a thatcher rethink on the cards, do not expect Euro to head up anytime soon. Frankly, if Spain does not show any sign of improvement soon, expect Euro to become fodder

EUR, where is it going

It's heading to the basement, at least, until the debt crisis is resolved

EUR, where is it going

Agreed and usually it is the developer who would be selling and pushing his EA onto a weary market..thinking back to Fatturbo.. And yes, most ea developers work as a team, with one person handling the marketing / selling, another to review the ...

Is demo a step before real trading?

So where's the proof? And posting links to other FF threads cannot constitute as proof.. Either way, as others have pointed out, the noobs must be reeling at the news that they did not wipe out their account due to their trading strategies..

Forex = legal scam

I'll second that - all ea's suck and they are designed to make money but for the developer..

Is demo a step before real trading?

If you are a good trader and one who's been getting great ROI every month, then yeah, sure you can invest the big bucks. But remember, like any other form of investment, the $ must be something you are not going to miss if it goes belly up - in ...

Who has made BIG money with a BIG trading account consistently?

On the transition from demo to live account, yes a few traders do end up making a loss when they go live..usually this could be due to the fact they still have lots to learn and have not yet developed a strategy to trade with..

Is demo a step before real trading?

Agreed, if you are good enough to make money using MM broker, you will be able to make more with an ECN broker assuming it is a real ecn account and not a wannabe one..

Forex = legal scam

One size does not fit all, what may work for others need not necessarily work for you..so yes, as others have pointed out you need to develop your own strategy.

Which strategy do you use?

Majors are the better choice, definitely.

Top currencies that gives clear price action

Looks like this is one ride that is set to go on for a bit longer .. I meant that the market is not a scam but yes, there are a few scummy brokers but that's part of what any market is about. There's no such entity as a perfect market or a market ...

Forex = legal scam

As you can see from the responses, they vary..each trader would have a strategy that works and it could involve anything from placing just two trades a week to multiple positions spread over a single day..

How often do u trade?

And the fun never stops.. BTW, the market is not a scam..but hey, feel free to point out why we are wrong and hope you'll support your arguments with evidence rather than P.O.Vs

Forex = legal scam

Thanks for the laughs, something that needed to be stated out loud and as to the forex scam theory, sure if you think the moon landing never took place, guess one more conspiracy cannot hurt.. Back to trading..

Forex = legal scam

Nice..so which higher time trends do you review and are you keeping track of your trades, eg, journal?

Is demo a step before real trading?

Ah well, if Lazarus was still around and into regenerating old threads, he could charge $$$$ for the service..damn it Lazarus, wake up already..

EUR, where is it going

You're welcome and of course, with a nano account, chances are you will pay more attention to the pip movements than otherwise..since real money is involved. Good luck and do post an update later on

Is demo a step before real trading?

Now, this thread has no head and as a result, it is a shoo in for the Lost in translation sequel.. and FWIW, euro is barely standing, one more crisis is enough to knock it down..my 2 cents and this is one old thread that seems to have been trimmed ...

EUR, where is it going

Yes, a demo is essential step since it allows you to test your strategy..sure, you can always go ahead and set up a cents account rather than go with the demo..

Is demo a step before real trading?

Perfect, that says it all and if you were to draw up a graph to correlate the points listed above with the newbies progress, it would be interesting to see if they correlate for real..

Why do Newbies Lose?