DislikedI JUST DONT UNDERSTAND!!!!!!!!!
I am starting to get really frustrated here. I need some insite on this topic.
I feel that I am about to make a really big mistake following what everbody else is saying.
Here is the deal: I have been making money and making it well in forex trading with a dealing desk (Oanda). I understand all the hype about stop hunting etc..... But I feel that if you know what you are doing in this market you dont have to wory about bout all of that mess.
I just opened a demo account with EFX and the platform was so confusing it made me not even want to trade.
Then I traded and picked up 6 pips trading 1 standard lot of 100,000K with EUR/JPY. Pretty good trade. My total profit when you take out the commissions was $25.00 !!!!!!!!! I could not believe that commissions took out $5 for entering the trade and extra $5 for exiting the trade, and the rest was for the commissions.
How does this make since to people that use this company. I am sure that they are a good company and they offer really great customer service, but how in the world does this make any since to pay that much in commissions.
Please tell me WHY?????? I really don't understand!!!!
DeeNYIgnored

Hope this helps...