Hello everyone, I am new in here and to say the least, this is the best source of forex knowledge I have come across on the internet, I don’t think I will waste my money on buying books unless its written by a member of this forum, ty all for contributing your views and trading ideas, I would like to thank Jim for his chart analysis, I really dint understand much about charts until I read that thread. Ok I have a few points I would like to clear before I go trading live. It’s worth mentioning here that I have been on several demo accounts with different brokers for over than 5 months.
- What would recommend be the initial capital investment required? I have tried trading with mini demo accounts and I have discovered that starting small in forex is not a good idea since it doesn’t give you much space to maneuver the movement of the market, I traded $ 25,000 demo accounts and did well.
- What broker is best to deal with? I hope I don’t sound like I’m soliciting here but out of all I personally think that forex.com has the most user friendly trading platform.
- Which broker’s platform generates the best charts? I like the charts Jim used in his thread but I don’t know what he used for that.
- Can I really trust online brokers with my money? Have there fraud incidents where brokers went belly up and traders money was a part of settlements?
- What is the ideal percentage I should aim at to grow my capital with?
That’s it for now & ty in advance to for all replies.
Regards.
Walid
- What would recommend be the initial capital investment required? I have tried trading with mini demo accounts and I have discovered that starting small in forex is not a good idea since it doesn’t give you much space to maneuver the movement of the market, I traded $ 25,000 demo accounts and did well.
- What broker is best to deal with? I hope I don’t sound like I’m soliciting here but out of all I personally think that forex.com has the most user friendly trading platform.
- Which broker’s platform generates the best charts? I like the charts Jim used in his thread but I don’t know what he used for that.
- Can I really trust online brokers with my money? Have there fraud incidents where brokers went belly up and traders money was a part of settlements?
- What is the ideal percentage I should aim at to grow my capital with?
That’s it for now & ty in advance to for all replies.
Regards.
Walid