Demo Acct

Jskyblue7 · #1 12-13-2008, 05:33 PM

Does it matter which Demo acct we practice trading on? or can we use any
demo acct we happen to find? and does the fapturbo demo acct reflect
actual trading on the live fapturbo acct? or are they totally unrelated to one
another?

Jskyblue7 · #2 12-13-2008, 06:32 PM

Isnt there any veteran Forex traders out there who can answer this question?

Sooner · #3 12-13-2008, 06:53 PM

Quote:

Originally Posted by Jskyblue7

Does it matter which Demo acct we practice trading on? or can we use any
demo acct we happen to find? and does the fapturbo demo acct reflect
actual trading on the live fapturbo acct? or are they totally unrelated to one
another?

Demo accounts do not matter, spreads differ on the demo from broker to broker but not by much on the demo's. FXPRO, IBFX, FXDD, ForexMeta, ODL, Alpari are all brokers that offer free MT4 practice accounts.

Jskyblue7 · #4 12-13-2008, 07:13 PM

Thank you for your reply. If the demo accts dont matter then why try to learn from them if they dont reflect the live accts?

grandaevus · #5 12-14-2008, 01:35 AM

Quote:

Originally Posted by Jskyblue7

Thank you for your reply. If the demo accts dont matter then why try to learn from them if they dont reflect the live accts?

To check whether FAPT works efficiently or not.

Jskyblue7 · #6 12-14-2008, 10:56 AM

How do you get fapturbo to work on a demo acct?

tetrahedron · #7 12-15-2008, 02:37 AM

I recently set up a $10,000 demo, but am looking at going live with something smaller. Would the results be very similar to those with a lesser amount? Is it advisable to shut down the demo and start another?

alan · #8 12-15-2008, 03:07 AM

Quote:

Originally Posted by Jskyblue7

How do you get fapturbo to work on a demo acct?

Easy. Just download a demo platform from your broker of choice. Then go to your fapturbo members website. Then click on the "Downloads" link at the top. Follow those step by step instructions.

alan · #9 12-15-2008, 03:11 AM

Quote:

Originally Posted by tetrahedron

I recently set up a $10,000 demo, but am looking at going live with something smaller. Would the results be very similar to those with a lesser amount? Is it advisable to shut down the demo and start another?

The results should be the same, but of course the size of each trade will differ due to having a smaller account. A reasonable live account would be in the $500 - $1000 range if you're going to trade the scalper strategy only. If you're wanting to apply the long term strategy as well then $5000+ is recommended IMHO.

OmegaFire · #10 12-15-2008, 01:52 PM

Dear Alan,
Thanks for all the brilliant work you're doing on this forum. This forum would have been really f**ked for newbies like me without u. Please give me your best precise answers to these three questions

I want to run a $650 live account on Scalper with FAPTurbo23

1. Which broker would you recommend - ODL or InterbanFx?
2. What would you recommend as my best configurtion settings from all your demoing and live trials?
3. Any do's $ don'ts?