Word of the Week: Scam

Word of the Week: Scam
Other words for Scam: Swindle, Con, Fraud, Bunco, Diddle, FlimFlam, Gyp, Racket, Sting, Hustle

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Fake Check Scam - Fake Check in the Mail

1 Easy Tip to Avoid Receiving a Bad Check The era of the fake check scam is not past and gone, as it still claims victims. My own recent e...

Forex Traders Under Capitalized

Some of you know that I've been experimenting with Forex demo accounts, and that I'm in the process of determining which Forex Broker I'll go with - or not at all. During the process of learning from the demo accounts, I've come to understand that under-capitalization really is a killer! I've blown multiple $3,000.00 and $5,000.00 dollar demo accounts due to the fact that it is simply too little money to trade with. At the same time, I'm fairing well with a $10,000.00 forex demo account. (Good thing those were only demo accounts and only play money that I blew! LOL!)

If you're learning how to trade the Forex and think that you're a bad trader, perhaps it's really about being under-capitalized. It's very important to understand account values and lot sizes before you open a live Forex account, so you begin with the proper leveraging! Happy trading - or Happy Demoing!

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