| Forex Trading – Demo & Real Differences?

Forex Trading – Demo & Real Differences?

Lopht asked:


Hi & thanks first,
I am a newbie in the Forex world, just days of test on a demo account. after a starting with $50.000, I invested in the first day $100, I just left them for days, like 5 or 6 days. because I did not know how to use the software, after I reconnected I found that I am making some benefits if I end the trade. I did and I won $900. well, I started some buying and selling right away and I made benefits up to $3000.
1- Is it real a $100 of investing in real Forex can make me a $900 of profits ?
2- Is there any difference between the demo Forex trading and the Real Forex trading ?
3- Isn’t the game all about to predict if the market is going to rise or drop, then sell if it is going to rise and buy if it is going to drop ?
I am afraid to take any step towards the real world of Forex because I know there is great geniuses of finance that control this and people like me will be just a piece of chocolat in their mouth and our money is a charity for them.

Abdellatif Rochdi.

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One Response to “Forex Trading – Demo & Real Differences?”

  1. Yarcofin on August 12th, 2009 4:24 am

    1. Yes, by using leverage
    2. Not as long as you are using a good honest broker
    3. No, you have it backwards.

    It sounds like you have no idea about forex, so DO NOT INVEST REAL MONEY or you will end up losing it all. You don’t understand even the basics, you don’t even understand why or how things are happening, so basically you are just gambling.