Forex account grows to $422,000,000,00 in 2 months ! | Forex
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This video represents 1 hour trading session summarized in 10 minutes of activity. Be careful, this is on FXCM demo account, where demo accounts do not emulate live accounts very well. A friend of mine was impressed with these results and opened a live account on FXCM for $25,000,00 and he lost it all in no time though he followed my guidance well. I double checked my self and tested the the FXCM live account and discovered the difference. Unlike demo accounts with METATRADER based accounts, FXCM has a web based platform called Active Trader, which has small delay in quote delivery,-TO BE HONEST: I have checked all other software based FXCM demo and live accounts like Micro and Standard station platforms and found that demo accounts mimic live accounts very well. So what is the problem with the active trader? This platform allows to enter any order in demo mode no matter what size it is and never prompts you for requote. So with the second of delay between any charting software and the platform you can do miracles in the Forex market. The case is completely different on live accounts, the small quote delay causes you to get requotes constantly unless of course, setup the trading station to allow adequate slippage for every order, in either case you will end up losing your pants with FXCM active trader live account. I published this to help protect some lucky traders before they get misled by this FXCM demo trading platform. I do not think that anyone would open such live account without searching the internet first, unless he or she is crazy. So while I could make $422 millions in the demo account from an account that was once under $30 K, It was impossible to increase my equity in the live account by few thousands using the same trading strategy used on demo account. So what is this demo account good for? My advice to my Forex bodies: Do NOT OPEN A LIVE ACTIVE TRADER ACCOUNT WITH FXCM, YOU WILL LOSE IT ALL !
Comments
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btw can I try this ea on a demo?
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I am experienced trader, there is different between demo and live account,avoid forex brokers like newforex,forexmart,profiforex,instaforex,xm,fxtm,you will never gonna make any money.because your account will be made to lose! even if u made money in demo.
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demo aacounts are for marketing purpose, do not be happy making virtual cash in demo aacounts, for experience, use real cash , loose it cry and learn
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good video
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Hello guy I need recommendation for a good trader that can handle my account . I have lost my dad's $42,000 .. I seriously need help in making this money back withing the next 5 days else I am cooked . I will appreciate any recommendations and don't judge me please I though I was going to win the trades but my account manager was a liar
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FXCM IS A PURE SCAMMER , demo and reel is a different lot , fxcm scam a client ,and don t have a same flux , solution don t open whit fxcm France, ..be careful the broker don t like a client , he wan t to lost your money evry broker , and forex money , was a pure scammer
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How the fuck could anyone lose $25K in next to no time? What are you a fucking CHIMP?
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Demo or fake!
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if you really do this. why are you doing it on a demo account and not live during your normal trading session.
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i want to know your email AND CONTACT,
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i want to learn your system i want to join your business.
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