Forex rebates on every trade - win or lose!

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 :-)

chartist - Have a go at Monopoly, more challenging mate and guess what your not using real money either, fabulous eh!

Hi Skinny

Just got back from holiday - if you mean Aaron off the BBC - no, in person he is good fun and always enthusiastic. Breath of fresh air on what can often be a dull subject.

All you need to do now, chartist2004, is find a virtual garage to take those virtual pounds and you can drive off in your virtual Maserati Gran Turismo, powered by unicorn farts.

FO!!

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Hiltops has brought this little "Gordon Brown" moment to my attention:

Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro

The current massive overvaluation of the Swiss franc poses an acute threat to the Swiss economy and carries the risk of a deflationary development.
The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc. With immediate effect, it will no longer tolerate a EUR/CHF exchange rate below the minimum rate of CHF 1.20. The SNB will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities.
Even at a rate of CHF 1.20 per euro, the Swiss franc is still high and should continue to weaken over time. If the economic outlook and deflationary risks so require, the SNB will take further measures.

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