If you play football do you always go to the stadium and just play the big game, no. You go and practice and train. Demo is practicing and Live is playing the real game, but you have to do both in order to succeed. Have you seen a professional who has never trained and started playing from the beginning? No! Its all about practice , practice, practice.
I have never heard of that happening, but it wouldn't surprise me if it does.
No wonder, I don't think such brokers would be willing to disclose that sort of activity.
They certainly do even worse than that. State Street Corp., a US custody bank and provider of financial services to institutional investors, recently shelled out $530 million in order to settle several lawsuits alleging it was overcharging its clients by secretly adding mark-ups on their forex transactions. (https://smnweekly.com/2016/07/27/state-street-shells-530-million-settle-forex-fraud-accusations/). And considering that the company's assets number in the trillions of dollars, this was peanuts to them.
marshadaddy posted: No one broker will pay you out of his own pocket, somebody must loose.
Broker takes commission or spread or both from each trade. So the only one who does always profit is broker. Now good broker would like you to be profitable to trade a lot. By trading a lot you generate bigger profit for broker.
GiGio78 posted: There are several factors that depend on a good Trading, it can be a good system of manual or automatic trading, as in turn psychology in each.
It is important to see the type of broker you work.
That is especially important, yes. One always needs to make sure that the broker they've chosen is not a scammer, because the market is full of them (https://smnweekly.com/tag/scam/). Fake brokers cold-calling clients, others presenting themselves as legitimate brokers, or just plain refusing to allow clients to withdraw their money. However good your trading, if you happen upon one of these it wouldn't matter.
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