Hello,

What you guys think of broker InstaForex? I am thinking of opening live account with them, or is there any better choices?

hope to received good answers.

I am totally disagree on this. people can start to learn from as low as USD10 account, a lot better than demo account. Starting is not about getting profit, it is about survival and learning technique then only you start to think about getting profit.

Demo account i could earn a lot mang. Can even make 50% profit.

When i put in money inside, real money, about USD600. I blew up the account in just 2 months time. LOL 

I am now starting to relearn again. And trade from the balance USD4. I read a lot trading books when i got time. I don't see the need for me to keep on pumping money inside when i am not ready yet.

I am a loser, but i will improve and become a winner one day. 

To those of you underestimate USD10 account. If everyday u can grow it by 3%. tell me how big can tat be in 1 year time. 

3% increase in forex is easily achievable with the right mind and technique.

As far as I know there is no fix rate of "everyday must X amount of income" Instead sometimes NOT TRADING at all is part of trading. Give for example is like end of the year(just like now), pricing of FX is erratic, illogical, spread are generally higher too. Majority of the traders/ big guys are holiday mode. You probably more likely to be "profitable" (not losing) by being sidelines than actually trading.

Intraday trend line breakout for me is almost same as gambling, but the truth is broker manipulate the price. When the candle break a support line, everybody(day trader) will short, but the price will never go do down....same goes to long when it break resistance, how many time you will see a true trend line breakout using hourly, 4H chart?

Go for daily chart to ride big trend....there will be 2-3 time in a year where big trends will come, and there is where you gain your positive ROI. I am not speaking based on demo or backtest result, but is based on my personal real account portfolio.

Forget scalping and day trading....

lolol.. SWING AAAA SWINGG TO UR TP   
wanted to short AU, but d rollover really turn me off...zzzzz

only those EA that can function like high frequency traders HFT can win the long run, if you cant draw a 50% win lose rate on a piece of black and white instruction, how can you teach a robot to profit ?