Forex Trading

How similar is the real Forex trading to the virtual practice ones?

I was just fooling around with the practice forex for a couple of hours today and made around $5k profit.

The simulations frequently do not match real world conditions.

Quoting from a federal government website:
“Real-time is not real: when marketing trading systems, some promoters claim that their systems have performed successfully in “Real-time Trading.” This means only that the system has been tested using a live data-feed, rather than being tested using historical market data.
Remember though that in real-time trading, no trades have actually been placed in the market. Performance results based on real-time trading are merely another form of hypothetical results, with the same limitations. “

Introduction to Forex Trading – How to Guide – City Index

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How to Make Money With Forex Trading $0.99 …

A Beginner’s Guide to Day Trading Online (2nd edition) $9.50 Day trading is highly profitable–and highly tumultuous. Moreover, the financial markets have changed considerably in recent years. Expert author Toni Turner gives you the latest information on mastering the markets, including: Decimalization of stock prices New trading products such as E-minis and Exchange Traded Funds (ETFs) Precision entries and exits The new breed of trader Written in an acce…

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