One: when operating in a demo account is very easy to win.
Two: when operating in a real account is more difficult.

In principle, operate with real money is a most difficult task to operate in a test platform.

And why the difference?

Neither more nor less because the operator, without doubt, has not been detached from the emotions.

In a test account operator does not give importance to what they earn. No such gains associated with their wallet. With the real account is different: losses and gains will permanently remember how hard it was to get those funds.

The goal, the challenge for operators is to treat forex as a business: emotion out.
An operator that passes from a demo account to a real account, because they feel safe in itself, has felt comfortable with its operations and is able to successfully repeat, must be able to control their emotions to stick to your plan.

The operator must incorporate into their professional discipline essential to enable it to continue its pre-determined, regardless of the emotions that appear when you are in the market or trying to open a position or handling a transaction done.

If you are able to understand this business like a business in itself and manages to control his emotions, the operator will get the same results as a test account.

So … how do we make the transition from one account to a real test?

First things first.
The demo account, the test will give you many opportunities to develop your plan, know the market and yourself. You can “do that …” without risking your capital.

The road follows step by step, gradually.
Then, when 1) you have taken your time sharpening the pencil on the demo account 2) have accumulated some gain 3)’ve prepared your plan 4) you feel safe and comfortable you can move to the next step: the real account. 1) 2) 3) and 4) are conditions sine qua non. All.

Obviously, step by step means that beginning with small operations, this is a mini-batch, or 10,000 units. No more for now.

This has the advantage of helping you control your emotions: the potential losses are not important. Gaining or losing just lets you act as you did in the demo account … that’s the idea.

When you are able to earn profits through winning a series of operations, increases the size of the transaction, such as 2 mini lots.

Repeat the steps until you believe it is easy to do and that you are able to generate profits.

At this level you must understand you are not operating Forex to make money but to accumulate knowledge. Is the price of market entry. This is key.

What we’re doing is to develop an emotional comfort from increased volumes and the sequencing results. And here is an error of most traders: very often people work too much money to risk it can endanger your account. As a result the nerves appear and the lack of control leads to disaster. In this case they “want,” “beg” to analyze and operate.

If you are in this situation, close the open position, operations and do not reconsider. Maybe you should start the process again.

Following the steps above, surely you will notice that your focus is more on the business, analysis and operations in the money. And that is the truth and the key to the business.
Take care to make the Forex “your business”, treat as such and then the money will come as something natural.

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First advice: practice. Our free demo account is designed to provide interest in the possibility to get acquainted with the dynamics of this market. In the process of demo trading, you should learn at least as a place (1) market orders to enter the market, (2) stop and limit orders to lock the profit, or protect your position, 3) CCA and “If Done” order to perform more advanced trading strategies.

Second advice: learn the theory. Traders on the Forex using fundamental and technical analysis, and their combination for decision-making trading. Fundamental analysis involves the use of financial and economic news (such as announcements of Central Banks, or the decision on the accounting rate of interest). Technical analysis is the study of movements of foreign currencies with the aim of predicting the future direction of the movement of currencies based on their past movements. MG developed the site Forexnews.com, which provides market analysis and a large number of educational materials that will be useful to both beginner and experienced traders.

Third tip: manage your account wisely. When you open a position should always be taken into account balance. If you believe that the market is developing long-term trend, you want to use, you must first determine whether you have enough money in the account for the maintenance margin requirements, and possible short-term storage, the move against your position. We advise you before placing each item ask yourself the following questions:

1. What is the amount I want to risk?
2. What is my potential move up and down?
3. What is the state of the market? (Market mutable (volatile) or calm?)
4. What is my logic for re-entry into this position?
5. When I found out if my rationale for entering into the position?

Before placing orders makes sense to identify points of entry to and exit from positions. One of the most common mistakes that beginners often make especially traders, is letting emotions in the way of strategy trading.

Fourth tip: Always keep your finger on the pulse. Although the market is moving around the clock and seven days a week, to monitor market developments around the clock is impossible. When you do not have access to your computer and your account, you can use our mobile services and the system signals the market that can notify you of the key events in the market that may affect your position

Fifth tip: open a real account. If you feel ready for trading in this market, download the form and send it to us. The level of your emotions may be higher than in the demo trading, so it is very important to develop an effective strategy for the trial run, and pledge to adhere to it during the real trading.

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Sometimes all the education and training is not enough to make each a successful trader because not require the inherent skills to work or do not have the time. This is where an automated forex trading system goes. This all makes for the retailer. The trade test, analyzing the charts, the market and future trends based on such information, this will make the appropriate action.

If you are able to predict that a particular trend is going to go, can do immediately to trade on that trend. The best part about this system is that it can react faster than any person. As soon as a change in the market can do the action in milliseconds in seconds, that minimize risk and maximize the profits of the trader.

The automated forex trading system robots is usually based on a trading style successful trader. Most often, these successful traders are those who create these systems to disseminate knowledge of the foreign currency trading and help seeking traders. It uses a sequence of codes and mathematical calculations to make the best trades and essentially win consistently.

When selecting one of the many automated forex trading systems available on the Internet, there are some things to look. The first thing that must be created by a forex trader has a good background on the market. Then, the system must have a demonstration account so you can look at its capabilities and if you need or want. Another important part sigourefetai that statistics presented by the company are real.

The best place to get all this information is the website of the product, but through the websites of third parties who provide a review on the different forex trading programs. They also have comments from those who have tried the program. The site should be the third so that the revisions and comments are unbiased. It is very important to the investigation and your work before you buy a particular product so that you can be sure you get for your money and not just something they will regret later.

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If your broker can not find it, find out who regulates the activity. Have adequate rules and capital requirements are high. If your company is in a developing country, the current rules might not be appropriate. You might wonder why a firm would be established where the existing regulation is not adequate enough to protect me? Could it be that the company is not very respectable?

To determine the vitality of a broker, you should see the number of employees you have. If it is a solid and respectable organization, you have hundreds of employees, which may assist you 24 hours a day. It is also likely to be hundreds of thousands of accounts. In a firm where the number of employees is limited, it is unlikely that there is a considerable level of capitalization, or are capable of providing the personal assistance you need.

Registered Broker – Make sure your broker is registered with the Futures Commission Merchant (FCM), which is regulated by the Commodity Futures Trading Commission of the United States (CFTC). You can find information about brokers registered with the CFTC’s website.

Greater Leverage – Leverage is a double-edged sword. Can help you gain considerable, and could cause huge losses. Therefore, as Forex traders, we use the leverage to obtain profits through the art of the Winning Edge. Gain through a limited capital is very difficult, even when it hits you the trend in the currency market. That’s why you need a broker that provides leverage to operate in this way effectively in the currency market. Naturally, higher leverage means better opportunities for you. Other brokers offer up to 250:1. Thus, when choosing a broker, taking into account the leverage it provides, since it could be your ally to win big.

Types of Accounts – A broker can offer different types of accounts. Usually, the accounts “Mini”, this type of account, you can operate in forex but the leverage is lower. There is another type of account called “Standard.” This type of account you open forex positions with larger size. Of course a “premium” will allow the opening of further positions.

Real-time information – Many Forex brokers offer real-time information through the use of platforms. This could save you money if it receives information in real time through paid subscriptions.

Graphics Tools, a number of Forex brokers tailored technical analysis and provide information regarding economic indicators. You may have this information it is not very useful for business. To use the technique of the Winning Edge Forex System, you must use a commercial platform. Indicators Winning Edge Forex System were developed to be used by a platform. To operate using the technique of Winning Edge Forex System requires a Trade Station or trading platforms.

Avoid so-called brokers or Snipers Hunters, these brokers often buy or sell based on predetermined points. Perform these maneuvers tend to increase their profits, avoid this type of runners. But to know these corridors should be reported and interact with other players online or through forums.

Do not pay commissions Spot
Forex traders do not pay commissions for placing orders, unlike those who operate in future markets. In fact, a Forex broker is a mere intermediary, not a broker or agent itself, thereby not paying any cost in the execution. As mentioned above, they get benefits through the spread, ie the difference between the value of the “bid” and “ask.”

This attentive to the brokers or Fraudulent Scam
The brokers in the foreign exchange market called Scam, those who are fraudulent, driving and distorting prices; achieve their goal in different ways. Such brokers assume that the bulk of traders lose money when investing in foreign currency, you must take an opposite attitude. This means that the interest of such corridors is that you lose not only earn money on spreads. Based on my experience, I believe that several Forex brokers, simply observe that the operators just beginning in this field just as individuals to take away money.

Since the negotiation of the currency occurs only within the broker, the broker fraudulently can distort the market or expand spreads (the difference between “bid” and the value of the offer). I recall one event where after the release of economic news, several positions obtained credit, and then deliberately spread these corridors offer “bid” from 3 to 35 PIPs PIPs, and also prevent the closure of the negotiations.

Another maneuver is done deliberately with regard to “stops”. If you put a “stop” in the system that they say provide, they can trigger the “stop” moving the securities. It is a way to steal money using the new operator will start.

There is no way to operate this type of brokers, but even when the market is always influenced by events and economic data that are shared. All we can do is learn about the experiences of others and be careful when choosing a broker.

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It should be remembered that the market is subject to all these questions, and it is essential to both present analysis, therefore the operator should understand the two types of analysis mentioned above at the time of trade from some cheap forex ebook.

Unfortunately, many operators do not have time or adequate training to properly evaluate the technical and fundamental analysis, and simply prefer to use trading platforms.
A simple way to test a trading platform is by opening a demo account with a forex broker of your choice, so you can operate but by means of a simulation. Over time, you can analyze whether currency trading is beneficial or not for you. When you find a commercial platform to you, you will be able to collect the information obtained during the test and analyze what is the average benefit that you get every time it operates. If such amount multiplied by the value that you intend to invest in each transaction, you can estimate your earnings for performing transactions using the trading platform in Forex. It is important to note that the transactions through an account in vivo, likely to reduce drastically their results, and it is essential that it is realistic in the time to be spent to operate. Note that the pressure work and family, can limit the number of transactions
you intend to do.

Managing your money

As in any business, managing your money is in the account is critical. That means you have to put a cap on how much money you spend in each session also want to leverage far. Mishandling of funds can cause a brief period in the total loss of their capital.
Therefore, investors are generally well informed about what their limits with regard to research and analyze information, determine what information they wish to deal with, and if necessary, seek a trading system or trading platform to suit your needs.

How to choose a fund manager?
One of the main advantages of participating in a fund that is a professional, or a group of professionals, take the appropriate strategies in place. You will participate in the pool with thousands or millions of players, so this will reduce the cost of managing it. Learn what you need to know when choosing your fund administrator.

Hire a fund administrator
Finding a good fund manager is like finding a good employee. Should consider the candidate’s experience and achievements in the forex market, as well as an analysis before deciding.

As such there are different types of applicants to work, and there are different types of fund managers, but unlike in the case of a candidate for a job there is only one individual, a fund manager can be a set of individuals . The funds usually work through a decision-maker, which is headed by a manager, but there may be independent of each other and teams that manage individual assets.

Experience
Some journalists talk about the period of experience which must have at least the fund managers. Often ask: How long that manages the fund? And advise that: “Do not participate in a fund where the manager has less than five years of experience.” Despite the approach of the time in the administration of funds, there is no clear evidence of the importance of time lapse in activity. The Journal of Financial Planning found no relationship between the number of years of experience in fund performance. Other studies say something else, but we can say that time is not as important as it usually says.

No need to stress that a fund manager with experience preferred. How long has this person managed funds? Have an adequate academic background? Manages other investments? Does your fund manager is smart? What forex education received? Note that if a fund manager has suffered unpleasant surprises in the past due to market developments likely hesitate to act upon as appropriate.
If you are looking for a new fund or if it changed its administrators, to study the history of it. How long participated in the fund? If you run a different background before taking the current analysis that the performance obtained in the background above and compare with the current.

Achievements
How did they behave the fund administrator to ups and downs in the marketplace? How does the manager compared to his peers?

As it happens in the music industry, not only want success. If the fund manager tops the list in a year with the lowest level does not mean that next year the same thing happens. Be wary of managers who talk too much and do not underestimate the silence of those who do not speak much. Luck seems to be part of the success of many fund managers. Do not confuse luck with skill or talent.

True Style
Is your fund manager has a passion in the investment strategy? Is it true to the fund manager? The selection and allocation of assets is important for the formation of a portfolio of funds that are in line with their risk tolerance and financial situation. The last thing we want is that their fund manager manages them in a way different from what you said.

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Continuing with the program, you can only configure it and check every day to see how much profit you earn. FAP Turbo robot works really well, you can choose how much money you want to use the trade and will do the rest. From my own statistics, the average FAP Turbo is about 15 routes, 14 gains, 1 loss.

I have tried this Forex robot and I can say:

“With FAP Turbo can to beat the economic crisis … can double your investment.”

This year (2009), when we have a global financial crisis ahead of us … We are always looking for easy ways to make a good amount of money, and FAP Turbo is one of the best ways to do it without wasting time to continue with your daily routine.

“If the Forex market changes quickly … It is the best time to invest.”

The Virtual Private Server (VPS) that FAP Turbo developers provide a 100Mbit connection, redundant system and strong response. It is a really must think of its use.

The FAP Turbo owners know the market and also be aware that we have done incredible work and how this robot, that why I have such confidence in offering a full 60 days to return the product if not like whether or not receive the expected results. For this reason, with nothing more to say about this I urge you to buy FAP Turbo now and I assure you that we will regret.

Get your own Forex Robot FAP Turbo for more instant and continuous forex trading profit.

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We, people who have less than $10,000,000 (ten million dollars) are considered as retail traders. And we are only allowed to trade using retail brokers. We are not allowed to trade in institutional broker. If all retail brokers are scammers, then we are all doomed.
In fact, there are people who have been living comfortable by trading full time, and their account size is nowhere near 10 millions.

I also don’t think that ECN brokers are also doing this. ECN gains no profit / loss by playing with our account. What ECN wants is that you trade more lots. Of course there is a case that if you are counted as 1 of the people with the biggest profit, then the ECN will let the market marker play with your account. But, I think that is your fault also. Why? Because in a big and reputable ecn brokers, there are many successful trader, so your account is not sticking their eyes. If you are choosing a small ecn broker, that is your problem and your fault imho.

What I find true, is that all small traders have the highest risk in this industry. If you are investing, but not trading, in this market, you could survive. If you are trading, you have less chance to survive.

e.g. You are a scalper, you take profit for 10 pips and your stop loss is 7 pips. Because you are successful scalper then your broker is playing with you. They play with slippage between 3 – 5 pips. Your 10 pips take profit become 5 pips profit, and your stop loss become 12 pips stop loss. In some of the EAs here, the TP is 5 pips and SL is 35 pips. After the slippage, the TP would be 0 pip and the SL would be 40 pips. Imho, you’re lost and doomed.

e.g. You are a long term investor, your take profit is 400 pips and your stop loss is 100 pips. Because you are a successful investor, the broker is playing the slippage card, between 5 – 7 pips (of course if the slippage is too large and you still use that broker, then you should move. If not, that’s your fault). Your take profit become 393 pips and your stop loss become 107 pips. Imho, you still win.

That is why, I try to avoid any kind of scalping trading system or EA. I don’t even want to test them. I don’t even download them, it’s a waste of disk space. If it has a good indicator, I’ll download, but I’ll never use the system / EA. Imho, scalpers are at the lowest of the food chain and should really take good care of oneself.

In fact, there are many scalpers who would argue with me about this matter. So, to state that all retail brokers are scammers, is not appropriate IMHO.
After all if all retail brokers are scammers, where should we trade?

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Let me give you the difference’s sample:

Market Maker: Online Retail Broker who will take the other side of your trade (aka: they trade against you, when you buy they will sell and vice versa), they have a somewhat shady algorithm to calculate their net exposure and cover their risk by sending order to interbank market.
eg: Joe buy 3 lots EURUSD and Jane sell 2 lots EURUSD, Market Maker simply match Joe and Jane orders (2 lots) and they sell 1 lot EURUSD to match the rest of Joe’s order. They will also buy 1 lots from interbank market to cover the 1 lot they sell to Joe.

NDD = Non Dealing Desk. It’s about the same as Market Maker. I think it’s more of marketing hype.
eg: FXCM, IBFX claim to be NDD, but we all know they both are one of the biggest Market Maker.

ECN is supposed to pass your orders straight to interbank market, so ECN should not trade against you.

Let me give you more details:
Because for every buy, there must be someone who sell, vice versa.
So for the rest of Joe’s buy order to be executed, someone MUST sell 1 lot EUR-USD. Because nobody else is selling EUR-USD, Market maker MUST sell 1 lot of EURUSD to Joe. After they sell it, they have risk when price go up (aka: when Joe is winning, they will lose). In order to cover that risk, Market maker should buy 1 lot EURUSD from interbank market to cover their risk. (so when price go up or down, they will not lose, cause they have 1 sell and 1 buy).

Market Maker makes money from the spread. let’s say that the spread is 2 pips, so from the example above they will receive 6 pips from Joe, 4 pips from Jane. They also have to pay the spread for 1 lot they buy from interbank which will probably be around 0.5 pips. So they will receive about 6 + 4 – 0.5 = 9.5 pips.

Now, if Joe is constantly losing, some Market Makers won’t cover that 1 lot EURUSD they sell to Joe. They simply sell it to Joe because Joe will lose anyway, and when Joe is losing, they will win.

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The terms indicate a rollover situation that occurs when an operation is extended beyond the closing hour of trading on any particular day.
This action can occur in different circumstances and will depend on which broker you are using for Forex trading.

The rollover occurs when an operation is moved to a new day and you must pay, or pay for the position you have in this operation, unquestionable interest.
When you take a position in the Forex market obviously is buying one currency and selling another.
No matter what the currency is, all are incorporated into Forex, you must sell to buy another one. Doing this, of course you are taking someone as a currency loan to buy or sell.

The details of this loan should not matter in depth to you as an operator, but what should worry them is the interest rate for the currencies involved.
All currency exchange rate is quite similar to the rate set by the central bank.
The disparity between the exchange rate of currency in the pair you are trading the making, is what defines whether you should pay or whether it must pay you at the end of the day in the currency market.
Generally it is important to know what he is paid the operator the difference between the exchange rates if you buy the currency with the greatest interest of the child and the venda. In the same way you are charged if you are selling the currency of interest.

In certain cases, be paid no matter which direction it takes on a currency pair. This occurs when, for example, with some pairs where the inequality in the exchange rate is so close that the margin between the two currencies do you need to pay either sold or bought.
In the case of many forex brokers and market makers in the United States, the time used for the rollover is when the end times of banks on the east coast.

Mandatory when banks are closed in New York, the rollover occurs and starts the next day. At that point you are charged or credited money, depending on your operation.
If you want to avoid this situation, all you have to do is close their positions before the rollover occurs.
The runners may leave the operation before the rollover occurs without charge or credit for that day. But some brokers have become a continuous calculation of the exchange rate and a charge or credit is based on how long it has maintained its position, whether the negotiation is conducted.

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