InformedTrades (November 30, 1999 at 12:00 am)

Demo's in the FX market are normally a very close representation of live trading form a logistical standpoint, however as you have pointed out the emotional element of trading live money is one of the most difficult parts of trading to master. Best Regards, Dave

Fullperson (November 30, 1999 at 12:00 am)

I'm thinking of FX as a hobby. How well does practice trading on a practice 50k account provide for real trading? I fear that besides the money lost/gained emotions involved, there will be other differences between practice and reality

InformedTrades (November 30, 1999 at 12:00 am)

Hi Woodenfootspa, While this may be possible I personally would never trade completely off of someone elses advice as I think it is important to me to understand the strategy I am using inside and out or I will not have confidence in it. I do view things like Dailyfx+ as a great resource for getting other viewpoints on the market which I find very beneficial. Best Regards,Dave

woodenfootspa (November 30, 1999 at 12:00 am)

Can you simply rely on Dailyfx + technical signals then simply trade those signals to be profitable?

InformedTrades (November 30, 1999 at 12:00 am)

Hey Pete, Thanks for the comment and for watching I am glad you like the videos. Dailyfx is the research site of FXCM, the company that I used to work for before leaving to start InformedTrades and focus on my own trading. If you visit my channel and watch the video before this one you will find an overview of their services. Right now I do not believe that they have a mobile trading platform but I believe that one is in the works. Best Regards, Dave

petea1uk (November 30, 1999 at 12:00 am)

David, may I first thank you for this excellent course. I am working my way through it at your web site. Brilliant! Question; Do you have any connection with Daily FX? Do they have a mobile phone platform? Once again thank you. Pete