What traders think about forex trading on-line

I am contacting you regarding Forex trading. I have tried most of them out there. CHOICE FX is too new. Mathcbook has no liquidity. MG is an online casino. Global is just all around shady. EFOREX is out of business -they were pretty good. The one that is leading the crowd, not "MAKING" up quotes, is Midland Euro in Los Angeles. They are a registered with the CFTC and NFA and their operation is first class, not gimmicky-flash. I found a CTA/Money manager that turned me on to them. I know he is trading around 45 million, so they are well backed. Best of luck, out there in the FX world, I don't like bad mouthing firms, but when it comes to money, I like to help others out.

Greg Wilson (whitexmas@earthlink.net)

I've demo traded for about a year, and have been real trading for several months. I've used a couple companies for demo trading, but Opulent is the only one I know that will let you demo trade month in and month out indefinitely, without charge: http://www.opulent-fx.com. My advice is that real trading has a much different feel than demo trading, specifically you may not get the price you want, in or out. Secondly the applet real-time charts are not always reliable. Right now I'm looking for a good real-time currency trading service, even if it costs me. I think it's that important. A couple other things I'd like to note. I'm not any kind of "expert" that others should rely on. After a couple years of trial and error, much that paper-trading, it became obvious to me that one must do their homework to be successful at this game. One must become their own expert. What I did was read as much as I could--and found that the available material on trading was about equally divided between trading psychology and technical/fundamental considerations. For myself, once I found technical and/or fundamental strategies I could understand and use with some winning consistency, then it became all psychological. The biggest factor for me continues to psychological, to keep my wits about me, i. e., ego in check. Ego will tell me time and again what it thinks and emotionally feels is happening or will happen, which often as not has nothing to do with what the charts are saying. I've found (through much trial and error) that the greatest weight has to be given to the charts when in comes to making a trading decision--(and the fundamentals, of course, though mainly I'm technical/chart, trend-indicators oriented.) I made the decision to start real trading after I was able to demo trade a thousand dollar stake to about fifty thousand several times. Naturally with this success, I thought, "Man, I'm going to make a killing--I'm going to be one of those millionaires I keep reading about." Well, I've been real trading for about five months, and as I said, real trading is very different from demo trading. I think I now understand why, but I have yet to translate that understanding to a winning trading month.

Mr Bester (Alias - SmartTrader) (sterren@cybertrade.co.za)

I think traders around the globe are always looking for something better. On the one hand your trading platform make or breaks you, and on the other hand you need live & credible support 24/5. At Worldwide Forex Training & Support (www.forexsupport.net) you can experience the whole concept of an integrated trading platform.

This is an opportunity to inform your members that feedback on Dealbook FX is very positive.

The upcoming version 2 of Dealbook FX will have programming options for entry /exit executions, voice activation (for the disabled community), progressive stops and several other new features like SMS notification, worth to explore.

As I have said in my previous e-mail, the fact that Dealbook FX is non-Java based, but a push forward technology the system runs easily over an VSAT installation and therefor can be operational even in the most remote places like the Australian Outback.

Hope your readers will appreciate this info.

Best of trades