Retired--Looking for MT Broker - Page 2

jjk2 · #11 (**permalink**) 11-18-2007, 10:59 PM

note: livermore shot himself after losing his fortune.

..

best not quote him.

prasxz · #12 (**permalink**) 11-18-2007, 11:52 PM

Hi LEVI

it's better to learn first using demo account for several months ...after you've confidence and got good result then go live ....

invest your time before you invest your money

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Forex Indicators Collection

Dave137 · #13 (**permalink**) 11-19-2007, 02:27 AM

Never invest your money until you have a long and tried system, especially in the forex markets. Use a demo account and learn what and how it all works, and what is reliable and what looks good in history, but trades poor in forward demo trading. 2 brokers will get you in cheap - InterbankFX.com and NorthFinance. If you are in the states, use Interbankfx.com and setup a demo account and practice, practice, and practice. Do not trust the MetaBackTester if you backtest somebody's EA unless it shows at least a 90% modeling quality in the backtest. Be very cautious because a wrong move can eat your nest egg real fast. At InterbankFX.com you can, when you feel confident of a system, set up a micro account versus a mini account. This way you are playing with pennies versus dollars.

If you devote your energies, you may find a reward for your efforts!

God Bless, and good luck!

Dave

See me on the web: Reverend (DAVE) A. Diebold â€*, Age 55's Storefront - Lulu.com

scott TTM · #14 (**permalink**) 11-19-2007, 02:56 AM

Seriously, you should NOT be trading or investing in Forex. Please do yourself the favor and don't get involved with it. There are so many reasons that everyone has already mentioned.

I really, truly hope that you listen to my and others' advice here.

marcelcorzo · #15 (**permalink**) 11-26-2007, 02:43 AM

If this is the worst bussiness, why and how are you here?