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  #21 (permalink)  
Old 01-28-2008, 05:55 PM
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Originally Posted by moustafa View Post
if you aren't a newbie so can you trade by $ 100 in that program ?
I would suggest you to open a demo account and practice really hard as long as you blow out your account and get another one. Even in that case, i would suggest you to continue practice again, atleast until you reach a level when you can get a decent monthly profit. Also, fix your demo balance at a practical level!.
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  #22 (permalink)  
Old 01-29-2008, 03:38 PM
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I would suggest you to open a demo account and practice really hard as long as you blow out your account and get another one. Even in that case, i would suggest you to continue practice again, atleast until you reach a level when you can get a decent monthly profit. Also, fix your demo balance at a practical level!.
yes that is something very important! make sure you choose a balance which goes according to your circumstances...you say you wanna invest $100 going with a demo account balance of $5000 is pointless....

also ensure that you do not enter live untill and unless you're 100% sure of what you have to do, i.e your trading plan is well set!
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  #23 (permalink)  
Old 01-30-2008, 05:47 AM
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btw .. CFTC and NFA just for US-based brokers right ?
what is this mean??
I join fxopen for a long time, support very good.
they bonus 25$ for your first deposit.
they have regulation with NBA.
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  #24 (permalink)  
Old 01-31-2008, 01:09 PM
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what is this mean??
CFTC stands for Commodities and Futures .....something something and is the government regulator for the USA stock market

and...NFA is a private self regulation club for a small clique of US based brokers...
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  #25 (permalink)  
Old 02-01-2008, 01:00 PM
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there some new trader that are only trade live when they already practising it using demo for a year !! .. wow .. well that a very long time for demo trading .. but the outcome are really encouraging after that ..
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  #26 (permalink)  
Old 02-01-2008, 02:42 PM
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there some new trader that are only trade live when they already practising it using demo for a year !! .. wow .. well that a very long time for demo trading .. but the outcome are really encouraging after that ..
ummm....actually i am never in favor of so much of demo trading, it can become very boring and is actually useless, in my opiniona max of 2 months should be enough for even a dumb person to get the know how's of forex! and BTW i would want to sloute a person who can keep his capital in his pocket and demo tardes for 2 years! WOW! must have a huge will power!
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  #27 (permalink)  
Old 02-01-2008, 08:07 PM
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i'm agree that no need to demo up until 1 years .. in a couple of month it sure will do it and get well known with the MT4 or any platform used by those brokers ... the important things is to get all those guts and confidence about trading live ..
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  #28 (permalink)  
Old 02-03-2008, 08:21 AM
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i'm agree that no need to demo up until 1 years .. in a couple of month it sure will do it and get well known with the MT4 or any platform used by those brokers ... the important things is to get all those guts and confidence about trading live ..
yup! i went a live a few days ago only, and just ask how difficult it is to initiate your first live trade, i have been doing demo for the last 2 months and it never was so diffciult...i had my hands shaking and mind very relucatant to execute the trade, biut my confidence got the better for them, and i made 20 pips...yahoo!!
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  #29 (permalink)  
Old 02-03-2008, 06:09 PM
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I read from some forums that there were few issues reported by their clients pertaining to their funds and profits were reset and accounts were disabled.

Did you aware on that issues? Anyone can clarify?
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  #30 (permalink)  
Old 02-04-2008, 03:57 AM
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Originally Posted by razergold View Post
I read from some forums that there were few issues reported by their clients pertaining to their funds and profits were reset and accounts were disabled.

Did you aware on that issues? Anyone can clarify?
Same with me. Many local forum in my country said a same thing. ITs have any issue why its happen? I heard some others trader do fraud or make mistake. But i'm not really sure how its happen and why they account disable.
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