Forex rebates on every trade - win or lose!

SC,just spoke to Hils telling her well done,not bad for a beginner :-)

Hi all, not sure what I'm doing wrong! opened a CMC demo account 3 weeks ago and managed to blow up 10k, ! a week ago (Mon) put another 10k into my Demo account, now have 34,066 trading FT100, Dow and EUR/USD. I'll try not to give it all back like normal! : )

Now you have to do it for real! :-)

Trading a Demo account and a Real account are poles apart!!

Sounds like your positions are far too big! Sorry if this is grandmother sucking eggs territory, but that sort of increase is too fast ..... unless you're very very good - which I'm not.

Hi all, thanks for you feedback, up date bank now 38,064 after 3hrs trading.

Yes my position is at times large, always set a stop and sell limit, often leave 50% of profit on the table!

The real test as Skinny says is using my own brass. Used my own money many times, still down !!

Seymore, very good a trader, no, just very lucky so far!!!

Mega Bucks: "Trading a Demo account and a Real account are poles apart!!"

I hate demo accounts with a passion. Utter waste of time.

Its like a sixteen year old virgin trying to become casanova by watching a load of internet porn.

Well, maybe not quite like that but I know what I mean.

Does that mean you'll go blind playing with your demo account?

Limpy - your analogy doesn't quite hit the mark!

I will concede it wasn't a perfect analogy....


It really is a pet hate of mine. I can remember back in the old days before any of this online trading fandango you just had to get in and get involved and back then the FTSE futures were 25 a point minimum and currency futures were $10 a tick minimum. And that's when you could buy a house for 30 quid.

Now you have really low minimums but I still speak to people who are maybe thinking about starting, maybe soon, just a bit more demo account, and a bit more tweaking of my fibonaccis, and then yes, definitely then, yes I will make a start.

I spoke to a bloke at an exhibition in October I think who talked to me about trading for 20 minutes and then said he had been using a demo account for 18 months. I just walked away.

And breathe.....

LOL

Limpy, the way you talk, anybody would think you worked for a spreadbetting company . . . :-)

A spread betting company that doesn't do demo accounts!

That is coincidence - I have had this view for a long time.

I do think that if risking a few hundred quid to find out how things work is too much of a tall order then trading probably isn't for that person in the first place.

I always tell people if they have opened an account and not traded in 3 months to do us all a favour, shut it down and take up some thing more productive for them like digging the garden.

(Not the company line clearly)

I could rant on this all day long but I'll shut up now.

Just don't get me started on the nutters with their conspiracy theories about how markets work.

Talking about conspiracy theories - the chap that was in 'your BBC slot' this morning - had suspiciously similar looking hair - hmmmm!

On the very rare occasion I am not on the telly, it is kept in a temperature and pressure controlled cabinet at the Beeb in case a follicly-challenged interviewee has the lights bouncing off his dome.

Enter Bullie stage left :-)

Up 458% now on Demo account, just luck a?!

Limpy - is that Aussie as annoying as he seems?

Up 500% in 10 trading days @ 60,121.24, even more luck this am!.......

Are you young, single and available? I am in my "demo" account :-)