QUOTE(Mesosmagnet @ Mar 8 2011, 04:02 PM)
10% of capital per month? Isnt that rather low, I was under the impression that it is possible to profit approximately 20 pips a day. Seems like I havent been facing reality.
Anyway, how about the broker question? What brokers do you guys use? I remember seeing FxCM on someones post and kthxbye introduced InstaTrader but I the closest I could find was InstaForex.
Also I've heard alot of people complaining about MT4 and of it being a scam platform which allow brokers to manipulate your trade for their gain. What trading platforms do you guys use?
10% or watsoever depends on ur appetite. if u go on long run trading forex. u will found out 10% is actually vry good profit d. addin compundin effects , it will make walala~~
my appetite r higher n hav minimum stress as i already transfered bc my capital. each trade will onli left me wit around 70-80% usable margin.
fxcm is nice but deposit is around usd 2k if not mistaken.
MT4 is vry powerful tradin software. i must admit way better than fxcm's trade station. but nowadays alot company had blocked MT4.....
yup. some brokers do manipulate it . but it has nothing to do wit MT4.
edited:
so many people jealous of fxcm.. tryin to ruin its image...zzz
http://forexmagnates.com/tag/fxcm/ hopefully wont brankrup like ODL...zzz
This post has been edited by low yat 82: Mar 9 2011, 10:32 AM