I'm using ICMarkets. Don't start a live account after a few months of demo trading. Because the market changes and you can't possibly know how the market works in that short timeframe.

I was like you, demo traded and grew my account up to 100% after a few months of trading. Thought I knew what I was doing then jumped to live trading. That's when my losing streak began, unfamiliar market environments got the better of me. Thankfully now I've found the light at the end of the tunnel.

I see... Thanks for the info. I do understand n heard some of the story that many did successfully in Demo but then failed when doing it Live. Maybe is due to the emotions when v r playing with real money that is why.... that's why many of them says that come out with the capital which you are ready to loss; not thinking on how much you are going to loss...

Any tips on how and when i should starts? And then again, any good suggestion on Forex brokers in Malaysia?

US king day la.. holiday abang

oh my. didn't check calendar.
bank no open but they can still trade using electronic trading platform ma

This post has been edited by vergil88: Jan 18 2016, 05:27 PM

Yes, I agree some people find it harder to manage their emotions when trading live. But even while I was trading demo, I treated it in all seriousness as if I was dealing with real money. Had sleepless nights trading demo too, that's how serious I was But again my undoing was that I just didn't have enough experience before jumping into trading live.

In my opinion, you should at least try demo trading for 1 year, at least at the end of it if you're still profitable consistently then you can go live. Or if you really have money you're willing to lose, then there's nothing stopping you from trading live as well.

I don't know about forex brokers in Malaysia, mine is based in australia. But XM seems to be the favorite here in this forum.

noob question here
why your price got 5 decimal points ?

Correct! Prices are normally quoted in 5 decimal places. For YEN associated pairs, they are quoted in 3 decimal places.

why mine is 4 decimal point and for YEN pair is 2 decimal places?
related to lot size?
how about your pip? it's 0.0001 or 0.00001

This post has been edited by vergil88: Jan 18 2016, 07:56 PM

haha instaforex is MM.
is like buy 4d with illegal collector.
you betting against them.

Betul!

Time to change broker then

we call it pipettes.
i think you using a MM broker.
you trading against your broker.

did you finish reading babypips school?

This post has been edited by zDarkForceSz: Jan 18 2016, 08:19 PM

so many new faces in the forum.
May the pips always be in your favour~

0.0001 = 1-pip

This is the universal rule :-
0.0001 = 1 pip
0.00001 = 1 pipette

fxcitizen. it's MM or ECN??

lol. i still trading demo. wait till trade live account.

haven't finish reading. haha. a lot to read.

check your spread. EURUSD 0.0-0.5 / 1.0++
then finish read it. have doubt re-read.

EURUSD spread 2 pips

wow, it means 20 pipettes? That's HUGE I think you should change broker man, cause even your demo experience might be bad.

Oh ...okay...thanks for the info..!!

i go try other broker demo see see

ya cent micro account. most basic one. so spread is fixed at 2 pips.
cent micro account no good?