This is my first week studying about Forex. Before this, I have never known what it was all about. I've read a couple of books, and went through lots of sites. Also played a few Demo's. I'm a calculated gambler in Blackjacks and other casino games. Calculating the odds with Forex, I believe I have a great chance of success because the market can either go UP or Down. In a way, I have a 50% chance it will go either way making scalping very feasible.
Without knowing anything about this forex business, I turned my demo account of $5000 to $17,000 in two days spending around 20 hours total. This is not bad for a newbie.
Then here I am, seeing the bad side of things...scammers...scammers...and more scammers...It seems that a lot of the brokers are worser than the casino's.
If the brokers are truely making their money on commissions and on spreads, why are they so against Scalpers ? The more transactions you complete, the more they make...Am I missing something ?
Why would a broker want you to fail if you can generate them a lot of commissions ?
Some insights would be appreciated...:err:
Without knowing anything about this forex business, I turned my demo account of $5000 to $17,000 in two days spending around 20 hours total. This is not bad for a newbie.
Then here I am, seeing the bad side of things...scammers...scammers...and more scammers...It seems that a lot of the brokers are worser than the casino's.
If the brokers are truely making their money on commissions and on spreads, why are they so against Scalpers ? The more transactions you complete, the more they make...Am I missing something ?
Why would a broker want you to fail if you can generate them a lot of commissions ?
Some insights would be appreciated...:err: