Forex Optimum - forexoptimum.com

[winchent13]

Hello, how is the broker's order execution? Is it slow with withdrawals?

 

[Changer]

Hello, the broker's got great execution. withdrawals aren't delayed. but you should try it for yourself, don't take our word for it.

 

[trauton]

Yes, besides, nobody knows wether you really trade with the broker, mayby you just have a demo account.

 

[Changer]

If I only had a demo account here, I would've answered about execution, and not said anything about the withdrawals. But since I said that withdrawals aren't delayed, that means there's a real account too.

 

[Grinder]

Thank you, I think I'll open a small account here, good thing there's the option of opening a cent account.

 

[trauton]

Almost everybody starts trading with cent accounts and many traders never switch. You can find plenty of people on the internet who trade only with cent accounts.

 

[Runo]

I like testing strategies on my cent account. Demo account is not that good for that.

 

[Changer]

It's obvious, you don't risk anything in a demo account. So you can be more daring than when trading real money. That's why the statistics are different.

 

[bolide]

But many traders, as well as brokers' support, recommend testing new startegies on demo accounts.

 

[Grinder]

I think everyone should decide what's best for them by themselves.

 

[Changer]

The broker recommends testing strategies on the demo account so that you won't lose money. You understand that it's sometimes easier to lose money than to make it in trading.

 

[Runo]

Well, yeah...But I still think that a cent account is better for testing cause it's more real. And demo accounts don't give such results.

 

[bolide]

And I think it's best to test new strategies on demo accounts. Well, at least that's what I'll do. I've tried testing a new strategy on a real account once, you don't want to know what happened.

 

[Grinder]

Newbies should definitely use demo accounts for testing strategies. For example, I always open a couple of trades on a demo account and if everything's ok, I switch to the real one.

 

[Runo]

And do you develop your own strategies or just take them from the internet?

 

[Grinder]

Have you tried trading with ready strategies? They are not of high quality and you'll hardly make any money. All good ready strategies are patterns that are recommended for newbies cause they're easy to use. I only take indicators if they have detailed description.

 

[Changer]

Not always. Sometimes traders share their own strategies that work really well. Just don't use google to find them=)

 

[trauton]

Well, I've never come across such strategies. Did you find them on forums?

 

[Changer]

No, not on forums. Many cool traders have blogs. And these guys sometimes share the strategies they use.

 

[Runo]

Isn't it easier to develop your own strategy? I could spend ages looking for them.