Thoughts on Interactive Brokers vs Tradestation?

[blueblobster]

Personally having played forex before on 3 different accounts at 3 different times, I must say it is not easy. Shares and forex, forex is the only one I never make any money out of it.

Maybe it's just me, but it does not seem as easy as what those advertisements on forex seminars are promoting. So bottomline is play what you think you can win. :o

Whatever you do in FX, NEVER, NEVER, NEVER use those 2 way trades (commonly known as "hedging" by the layman) that simply lock in your losses. Many brokers allow that. This is a death trap. It's comforting to use cos traders didn't really lose money yet. But in the end, it simply increases your losses (not to mentioned the daily swap). I've yet to see a single trader unlock his positions successfully on a consistent basis.

 

[chuckyworld]

I use Marketbroswer.com and SeekingAlpha.com