Who can simply and clearly explain trading account types?

So far your advice still sounds general.
You are a trading winner if you can earn money for a long period.
However, how can you achieve it without back testing? This is the most amazing and my big concern.
I don't believe it if you only depend on your money management. The strategy should be the essential!

Exactly.

In this forum it is called "edge"

I won't share it. I don't have only one.

Must meet your personality and trading stlye. This was the hardest to believe.

What meets and feet me, maybe is not good for you!

Read the linked edge thread previously. For some takes 1 year, for other 6 some never found any or don't realize.

After backtesting systems 3 years and sucking with wrong methods you will not share just for 1k usd a good system, not for free.

3 year x 365 day x 14 hours per day x a very high hourly price it will make me to think about share the real one but hard to believe if anyone would pay from 1,533,000 usd for an edge, which maybe not suits for him. I won't pay it but I will not sell it under 100 usd / hours study rate.

on topic: http://www.octafx.com/about-ecn-trading/

Thank you.

Do you mean your money management or trading system with "edge"? Or an indicator?
Cutting-edge is a common-called technology.

This is not working, but an edge can be:" When EMA 5 cross the EMA 25 ..." After you watch your chats lets say you find a currency pair when acts well on this.
Then you build the back testing algorithms and backtest, because this is pure technical.

You will observe: on a high timeframe daily weekly charts maybe is working, but at 5 min chart not.
The n you will add conditions to your system: it must be used on X timeframe.
Then you see at majors isn't so great, then on cross pairs, then you willl add that too: must be used on GBP/JPY and not EUR/USD - just an example
Then you will add other and other condition to filter out those cases, when the edge has a lot more the n 50% probability.
You will run your tests for a period and you can estimate his probability, lets say it is 60%. Then you will search the Money management rules and add those too to your system.

BTW:
some brokers ( mostly europeans) use GMT +0
other brokers use EST
maybe others use PST
Very probably the daily chart candles are not the same on broker 1 and broker 2 for this reason for the same pairs. The question is which one to use and why, why is not working with broker 1 candles and why is working with broker 2 candles...

The "ema cross" for me it is not worth not use, but you can try.
- there is a theory with MACD too, those indicator based edges can be backtested, as you like it. Those 2 are the brokers teaching lessons material, for a good reason.

Waste a few years, until learn which indicator is for you, if there is one.
My indicator shows me to sell the EUR/USD

Some systems, can't be backtested.

Lets say you will found the Holy Grail, not 100% , but 99.99% is working.
Be a simple system, for the example. Friday at 15:30 the Eur/Usd will go up 10 pip. -
You have specifyied the pair, time frame, entry, exit points, expected moves and probability. And is working.
It will be largely used, it is proven it works.
Magazine, blogs are full with that "Jollydragon published the Holy grail" proven working method.
Most ppl are using even more are profitable largely will know this solution even at beginner, even others will join to forex for this working setup.
At one day you have a large account and switched to real market.
Once you will see at Friday 15:30 you want to long, but your broker can't find any selling positions, because everybody is using this system!
Your order will not be filled, just after those 10 pips.

This is the story of a virtually perfect system shared.

I have shared 197 images.
A dec 2010 ( 4.5 years ago)
it was shared one like this: http://www.forexfactory.com/attachme...3&d=1292874078

I have shared my edges to another post , at that time I didn't know it is best to keep for yourselef, because sharing you will not receive money, just ruins your system.
Or you share an inverse of the system to fouls ho follows make even better emtry / exit positions for you. This is what Soros is doing!

"The motherfucker Jokers":
http://www.forexfactory.com/attachme...1&d=1380828334
A very good lesson to use SL or not use.
If you aren't using: if your position is high, then you loose account
If you are using and your position is small and could live it, then you end up with loosig position.
May system at backtesting will make an edge "not so good" because of this spikes"

The FXPRO virtual spike: http://www.forexfactory.com/attachme...1&d=1365801625
Viva MM, FXPro! "go Pro with FXPro" wih 1:500 leverage!