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Is there anything else than FOREX ??? That you can make good money.

  • #21
  • Oct 2, 2006 5:54pm Oct 2, 2006 5:54pm
Quoting StockKJay
Check out the futures market. They allow you to trade currencies as well.
Thanks for the suggestion I will check them out and analyse the benefits.

Regards

Simon
  • #22
  • Oct 2, 2006 5:56pm Oct 2, 2006 5:56pm
Quoting turbokaos
I have a few mates that like to trade the DAX and Russel when FX is slow you might want to check that out.


turbo
Thanks for the suggestion.

Regards

Simon
  • #23
  • Oct 2, 2006 6:03pm Oct 2, 2006 6:03pm
Quoting Mr Trend
This has got to be one of those threads where the poster just loves getting all the market vets all riled up and laughing...

My week was already starting off well, this just makes it even better...
To all those who made fun out of my simple post.

I am not complaining about the BROKER or losing money, all that I am asking for is alternatives to the FOREX industry.

That is all folks.

Regards

Simon
  • #24
  • Oct 2, 2006 6:08pm Oct 2, 2006 6:08pm
Quoting simon_221175
To all those who made fun out of my simple post.

I am not complaining about the BROKER or losing money, all that I am asking for is alternatives to the FOREX industry.

That is all folks.

Regards

Simon
Bro, it's all good. We're just messing with ya.

If FX isn't your thang', there are countless other things you can trade -- i.e. stocks, futures, options, bonds, etc... But I doubt it's your broker's fault. You should check out Oanda or MB Trading.
Mr. Trend
  • #25
  • Oct 2, 2006 6:17pm Oct 2, 2006 6:17pm
LOL -- poor Simon, he only has 8 posts or so and he's already got all the old timers here giving him a hard time. If you can't beat 'em up, might as well laugh with them Simon...

But seriously, this and various assorted threads here sort of worry me. Since this is my first time around the block in this turnip truck. Is all this talk about the evils of brokerages and slippage this big of a deal, or is it largely a function of people looking for reasons outside themselves that they aren't doing well.

I have the sort of personality where I'm more inclined to think there is something completely wrong with me -- er, my skill set -- than to think my broker is messing with my trade. But these threads could be planting the notion in my mind that I should be afraid of my broker's intentions. Say it ain't so!

Trader veterans?? speak now!
  • #26
  • Oct 2, 2006 6:25pm Oct 2, 2006 6:25pm
Quoting Mr Trend
Bro, it's all good. We're just messing with ya.

If FX isn't your thang', there are countless other things you can trade -- i.e. stocks, futures, options, bonds, etc... But I doubt it's your broker's fault. You should check out Oanda or MB Trading.
Mr Trend,

At the end of the day all I want is to make one of these Industries a full time job. I understand the emotion in losing and winning money.

Yes it is the Broker's fault for switching the NEWS off on my account on their platform, we are talking about a binary application not some html java based system. I have this binary application installed on two laptop computers and both of these do not work using different ISP same binary application also I have noticed about the SMS they used to come straight away now they are about 1 minute late this started happening when I made 20% of my DEMO amount account in two weeks.

So yes it is the brokers fault for playing with its demo account holders, I would If I was losing money, to tell you the truth I did not play as a Fundamental Analyst so makes no difference, this broker looks like it has all the recommendations to it, so I am going to stick with it after I reverse engineer the software.

Take care,

Regards

Simon
  • #27
  • Oct 2, 2006 6:33pm Oct 2, 2006 6:33pm
Quoting gmv
Is all this talk about the evils of brokerages and slippage this big of a deal, or is it largely a function of people looking for reasons outside themselves that they aren't doing well.
Generally speaking, it's the trader's fault. In simon's case, he has a particular issue with a news feed, so it sounds like it's more of a glitch or problem with that broker on a technical level, rather than a conspiracy theory.

Overall, it's usually that people don't understand how the market works, and they blame their broker, but not necessarily in Simon's case.

Do a search for a thread started by Darkstar. He discusses this in length.
Mr. Trend
  • #28
  • Oct 2, 2006 6:34pm Oct 2, 2006 6:34pm
not trying to poke any more fun, but I don't understand the end-game the broker accomplishes in messing with you during the demo phase????

If they are out to take your money 'coz ur doing too well (not saying you said that exactly, BTW), they should really save that "rope-a-dope" for after you make a deposit and go Live?!?!?!

Maybe they just suck in general....whoever they may be? Plenty of broker suggestions out there for news..........fxsol, Oanda.........depending on your strategy.

Good luck in your endeavors.
  • #29
  • Oct 2, 2006 6:41pm Oct 2, 2006 6:41pm
Quoting learningtheropes
not trying to poke any more fun, but I don't understand the end-game the broker accomplishes in messing with you during the demo phase????

If they are out to take your money 'coz ur doing too well (not saying you said that exactly, BTW), they should really save that "rope-a-dope" for after you make a deposit and go Live?!?!?!

Maybe they just suck in general....whoever they may be? Plenty of broker suggestions out there for news..........fxsol, Oanda.........depending on your strategy.

Good luck in your endeavors.
Thanks for the response.
  • #30
  • Oct 2, 2006 6:56pm Oct 2, 2006 6:56pm
Simon,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

Stop trading the news. For your first 6 week run the demo results are commendable. I look at news trading like a "fire exit" door with thousands of people trying to cram their way through it - while a fire alarm rings in the background.<o></o>

<o></o>

Would you want to be in a real life situation like that....didn't think so. I would much rather walk through the profit "door way" a few times a day while there is no commotion... more safe that way.<o></o>

<o></o>

Just my 2<o></o>


p.s. - all brokers get sluggish durring major news releases - to much demand and not enough supply.
  • #31
  • Oct 2, 2006 7:02pm Oct 2, 2006 7:02pm
Quoting mr.marketz
Simon,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

Stop trading the news. For your first 6 week run the demo results are commendable. I look at news trading like a "fire exit" door with thousands of people trying to cram their way through it - while a fire alarm rings in the background.<o></o>

<o></o>

Would you want to be in a real life situation like that....didn't think so. I would much rather walk through the profit "door way" a few times a day while there is no commotion... more safe that way.<o></o>

<o></o>

Just my 2<o></o>


p.s. - all brokers get sluggish durring major news releases - to much demand and not enough supply.
Mr.Markets,

Yes you are right.

That will be the only best solution.

Thanks for the tip.

Regards

Simon
  • #32
  • Oct 2, 2006 7:05pm Oct 2, 2006 7:05pm
Quoting simon_221175
Thanks for the response.
Simon,

Thanks for the opportunity for a chuckle. We all took it because this is serious business in which there is often too few opportunities to have some fun. It wasn't poked at you, it was poked at the situation. I hope you understand.

As for how you could be"Hunted" in a Demo acct, here's how it works.

Demo Accts are advertised as being a "Close Proximity of Live" and therefore if the Real Money is being Hunted and you happen to be in their Camp, You will be dealt with accordingly. No Prisoners. Eat all their Food and carry off whatever you can. [by respect, leave the women out of it please]
Why? Because, when it's Your turn to be the victor, offer no mercy as it will not be expected.

Hope it helps. Learn ALL your oppnents moves if you want to be sure you can beat him.
  • #33
  • Oct 2, 2006 7:11pm Oct 2, 2006 7:11pm
What u are running into is what demos are all about. Learn what can happen to u now with the demo b4 u go live. What u need is a demo news service to go w/ your demo acct. There is a thread here that tradethenews.com offers demo services. Seems that part of the problem is that u have a single source of failure (your borker).

There are plenty of live traders complaining about their borkers. It takes awhile and a lot of maturity to realize you are responsible for everything that happens to you.

But thats a whole other issue

Quoting simon_221175
Merlin,

I am not complaining about the Broker or their demo account, I am a very fair person, I made money on the Demo account. They just did not like how much I made, probably that is why they are switching news and delaying SMS reponses.

So all I was asking for was there anything else out there, where the Brokers that you deal with do not have hidden rules for those that make money.

Regards

Simon
In trading, there is no bullshit. You either make money or you don't.
  • #34
  • Edited Oct 3, 2006 1:30am Oct 2, 2006 8:10pm | Edited Oct 3, 2006 1:30am
Quoting mrgreen
What u are running into is what demos are all about. Learn what can happen to u now with the demo b4 u go live. What u need is a demo news service to go w/ your demo acct. There is a thread here that tradethenews.com offers demo services. Seems that part of the problem is that u have a single source of failure (your borker).

There are plenty of live traders complaining about their borkers. It takes awhile and a lot of maturity to realize you are responsible for everything that happens to you.

But thats a whole other issue
Thank you all for your responses to my thread.

Regards

Simon
  • #35
  • Oct 22, 2006 4:11am Oct 22, 2006 4:11am
Quoting simon_221175
Hi Guys,

I have been playing with FOREX demo accounts for the last 6 weeks, I started to make money, well a lot of money, but my current demo broker has started playing games with me. It upsets me to see this.

Is there anything else out there that requires technical analysis and uses leverage like forex but has no tricks hidden like most of the FOREX brokers to these days.

Can someone suggest something....

Any suggestions will be much appreciated

Thank you,

Simon
FXSOL.com is a good broker... great demo and nice charts...check them out.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #36
  • Oct 22, 2006 1:19pm Oct 22, 2006 1:19pm
Well, on the issue of complaining about the brokers, I believe that as long as the trader himself is the one who pulls the trigger to buy or sell, the broker has nothing to do with his winnings or losses...


Thanks,

Nader
  • #37
  • Oct 22, 2006 1:20pm Oct 22, 2006 1:20pm
Quoting simon_221175
Hi Guys,

I have been playing with FOREX demo accounts for the last 6 weeks, I started to make money, well a lot of money, but my current demo broker has started playing games with me. It upsets me to see this.

Is there anything else out there that requires technical analysis and uses leverage like forex but has no tricks hidden like most of the FOREX brokers to these days.

Can someone suggest something....

Any suggestions will be much appreciated

Thank you,

Simon

You can have a look at futures...They use leverage, they require technical analysis & they are traded on regulated exchanges....You can give it a shot...


Thanks,

Nader
  • #38
  • Oct 23, 2006 4:21am Oct 23, 2006 4:21am
On retail forex, the demo is a less accurate replica of the LIVE server.
As far as i know, the demo account server moves very predictably, which is why those very, very small irratic and "controllable moves" inspire newbies into thinking "i'm ready". Yes, once they've made alittle money, that is infact, it's purpose, it's design is to mimic the real market, which is alot more chappy. IMO. Also, to give the new potential investor confidence.

Now, just how the hell are you cheated out of a "demo account", when everything set up on the server is "non biased" compared to the real thing?

I don't think that i've ever heard that one, not ever.

Also, to the topic starter, if you'll quit this forex thing here, you'll quit them all. When money is involved you have to accept that there are no "fair handouts", but if this is how you react to the demo account server side of trading.

You shouldn't be trading, no. Not at all.

We all make mistakes, but whatever mistake it is that you're making, don't make it again. This is the best market to play in. Simply because, you have a negative balance protection and also. If you like to play one on one, your market maker, or dealing desk could be your own opponent.

Don't make the demo account your opponents, or blame. Blame yourself and also. Compete against the broker and the other players. Now, if you wanna compete against the demo account, then please go right ahead.

It could be an advantage!
  • #39
  • Last Post: Oct 23, 2006 4:32am Oct 23, 2006 4:32am
Quoting narafa
Well, on the issue of complaining about the brokers, I believe that as long as the trader himself is the one who pulls the trigger to buy or sell, the broker has nothing to do with his winnings or losses...


Thanks,

Nader
That is an all rightout blatant lie. Market makers and brokers a have been responsible for the losses of even the greatest traders, far, far longer ago than most of us were born. Back when stocks were sold at peddle stands.

Brokers are the ultimate cheat.

I think that you are deluding the issue, brokers aren't responsible for every, but. 65% of the time, it has something to do with them, or something overlooked in their contract that allows them to get away with most kinds of things. Now that trading is all digital, brokers are cheating people now more than ever, more than in the early 80's over the big investors.

Goto the NFA BlackListed Brokers section, look under fraud classaction and why they were closed down. Other than that. If a broker wants to cheat me, i would more than love for him to do it towards me, with the price. Not petty shananagans, like platform freezing, opening closed position, shitty orders and small things that other markets wouldn't tolerate.

The concept is "The Broker Is Supposed to Be Passing The Orders". That latent rule doesn't apply in retail trading, giving the orders is more alot like it. Especially, over the internet. But, if the broker has the balls to play against me LIVE, i'll love it evenmore. Don't get me wrong,

brokers are players too, but. It's much, much easier to play with newbies than it is than experience players that will burn him everytime.


PS- The demo account thing, just hallarious.
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