Question #1:

What is the truth about forex?

I traded succesfuly in a demo account for 3 months, now if i can make a 10 % monthly accumulated, then it seems like i can score a million in 4 or 5 years. now what's the catch ??

i use scalping and also trade in 15 min frame trading, use several indicators, now there are several miths (or thuths i dont know) out there about forex: it's a zero sum game !!! ecn dont manipulate your prices like market makers do!!! forex is a scam they hunt your stops and or manipulate prices, they delay your orders !! when you start making a lot of money they close your account !! they dont let you withdraw your money!!

It takes a little comon sense to realize that it is not a zero sum game since a currency pair that moves 100 pips in one direction from 1.2810 to 1.2910 ten guys can make ten pips each buying and selling each other. and even the last guy could probably buy for a longer position and hold for days or weeks with larger stops.

I also heard that things changes when you move from a demo to a real live account: with slippage and other problems.
Now with so many scams it is hard to make a desicion about what broker to choose.
FXCM, CITI, SAXO, CMC, CMS, OANDA, ETORO, FOREX.COM, GFT. Seems to be the best rated, but then again is so easy to fake a review, plus i found all of them to have negative reviews in some websites.

My question is what is the technical difference between a real and demo account, not the emotional of course when you trade a real one you risking hard earned money. i also found this link in wikipedia: Click Here
CFTC investigated more than 80 cases involving the defrauding of more than 23,000 customers who lost $350 million.

So im looking for somebody out there that has been trading succesfuly for more than a year, and tell me his/her experience regarding all this matters. What is the best broker, ecn and so on and on.
I appreciate any help and comments, best of luck.
thanks comon sense, i thank you for taking the time to answer was expecting more especific information.

Question #2:

what is the truth about forex?

I traded succesfuly in a demo account for 3 months, now if i can make a 10 % monthly accumulated, then it seems like i can score a million in 4 or 5 years. now what's the catch ??
i use scalping and also trade in 15 min frame trading, use several indicators, now there are several miths (or thuths i dont know) out there about forex: it's a zero sum game !!! ecn dont manipulate your prices like market makers do!!! forex is a scam they hunt your stops and or manipulate prices, they delay your orders !! when you start making a lot of money they close your account !! they dont let you withdraw your money!!
It takes a little comon sense to realize that it is not a zero sum game since a currency pair that moves 100 pips in one direction from 1.2810 to 1.2910 ten guys can make ten pips each buying and selling each other. and even the last guy could probably buy for a longer position and hold for days or weeks with larger stops.
I also heard that things changes when you move from a demo to a real live account: with slippage and other problems.
Now with so many scams it is hard to make a desicion about what broker to choose.
FXCM, CITI, SAXO, CMC, CMS, OANDA, ETORO, FOREX.COM, GFT. Seems to be the best rated, but then again is so easy to fake a review, plus i found all of them to have negative reviews in some websites.
My question is what is the technical difference between a real and demo account, not the emotional of course when you trade a real one you risking hard earned money. i also found this link in wikipedia: Click Here
CFTC investigated more than 80 cases involving the defrauding of more than 23,000 customers who lost $350 million.
So im looking for somebody out there that has been trading succesfuly for more than a year, and tell me his/her experience regarding all this matters. What is the best broker, ecn and so on and on.
I appreciate any help and comments, best of luck.

Question #3:

Has anyone out their ever used, and had great success with Forex.com trading currency?

I'm just curious as to whether anybody out their has had great successes trading currencies with Forex.com, if you've ever used it, etc?

Question #4:

What is the best way to trade currency out of the following - and why?

1.) Currency futures

2.) Forex CFD's

3.) Spread Betting

4.) Spot Forex
When I say the best way, I mean for a UK based trader/investor?

Question #5:

Are college degrees becoming worthless?

I'm not going to go into specifics about what I do, but essentially I trade 3x index pro share and pro short etf's on the S&P 500 and Russel 2000. I got a scholarship to a VERY good college prep private high school. Upon graduating I received a few scholarships for college but not near enough to pay for it so I decided to work for a year and save my money then trade. Yesterday, I was talking to some friends of mine who recently received their degree they said that going to college was a huge mistake. I am not trying to brag but I make significantly more then their degree earning power will allow to make even after 20 year of climbing the corporate ladder. He proceeded to tell me that it seems that everyone has a degree and that they have become essentially worthless. This got me thinking is the promotion of going to college really going to help our economy and better an individual's life? I mean I would not be able to do what I do if I didn't receive such a good education in high school. Shouldn't we focus on teaching throughly in K-12 rather then promoting college so much. My friend is learning to trade forex from my dad, luckily his parents paid for his college so he is not in debt, but your average person has to take out loans. These loans will tie them down for a long period of time they will be unable to save and with so many people going to college I think their is going to be a bit of.. I guess degree inflation causing these people to live in debt for most of their life.
I am not saying college is not necessary for people like engineers and scientist, however I think that apprenticeships accompanied with a good k-12 education and a bit of self-education would do an individual far more good then going into debt to get a degree that is now no-longer exclusive and really does not teach them any career skills. I saw president Obama talking about promoting college on TV (I'm not targeting Obama for political purposes because all Presidents have done this) I just do not think that the politicians have taken into account what an exponential explosion in college degrees will actually do. Am I just insane or does anyone agree with me?

Question #6:

Who buys my mini lots in forex when i sell my position?

Question #7:

What About Terms Like "Bid/Ask", "Spread", And "Rollover" in forex trading?

Question #8:

What does it mean hving a long or short position in forex trading?

Question #9:

What is a stop loss order in forex trading?

Question #10:

What Are Commissions And Fees charged in forex trading?

Question #11:

What is the margin forex trading?

Question #12:

Can I use the strategy at forex trading instruments other than currencies?

Question #13:

What is atlantic fx technology in forex trading?

Question #14:

What does the "Forex Trading Course™" include?

Question #15:

How much money do I need to start forex trading?

Question #16:

What is atlantic fx in forex trading?

Question #17:

What is meant by forex currency trading?

Question #18:

whether mini forex trading is secure?

Question #19:

Can somebody tell as how safe it would be to invest money in MAX FOREX ONLINE. Is this company trust worthy?

Question #20:

Does all these Forex robots work that claims to be auto-traders work ?

If you did a search on all these Forex robots for sell .. they put up videos on how they made so much money thru Using their Robots for their Forex trades. Anyone has any REAL experience of using these robots and it actually works ? Does Auto-Trade for Forex really exist ?





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