It’s Friday morning and we’re anticipating a big day here! We actually got started last night when Mark Vincellette did a 2 hour long jamb packed business presentation for members and their guests in one of the Sheraton Safari’s meeting rooms. Mark did the meeting as only the creator of the system could — thorougly, completely, and convincingly. I cannot imagine that any one of the quests there would not have gone home and signed up immediately. The good news is that many people in our group had quests at the meeting…

Mark spent the first hour completely explaining the trading software and how it works. Sort of a super forex primer for FreedomRocks. It was excellent. Listening to him explain it makes it all so clear, even though it is all clear to us who have been involved for a while anyhow. Perhaps affirmation is a better adjective to use here. Listening to Mark do his presentation is a wonderful affirmation of what we all know. It certainly had the guests entranced!

Following this we had a break and then he explained the business plan. Same results! I really enjoyed the presentation and as I say, I’m sure the company grew by at least 30 or 40 people last night; accounting for the guests in that room.

Later today our 2 day meeting gets started in earnest, and I will be back here to post this evening at about 6:30PM EST or so. Check back by 7PM EST to read the new update. There will be much to tell, and of course as soon as we KNOW what the big announcement is (that we’ve all been waiting for…) I’ll get it posted ASAP.

So tune back in this evening… Till then, cheers!

Forex practice accounts allow you to trade the forex market while not putting your hard earned capital at risk. These accounts are often also called forex demo accounts, these accounts should be free - so if a forex broker is trying to charge you for one – just say no thank you and look for another broker.

Most forex practice accounts will work for about 30 days, some are longer and some are shorter it all depends based on the forex broker that you choose to open your practice account with. We have found some forex brokers even let you continue to use the account for longer than the time frame that they say it is good for. However, other brokers will discontinue the account as soon as the time period is up.

Forex brokers offer forex practice accounts to people as a way to get other people interested in their forex trading platform and use their forex broker services. As a result - they will collect some basic information from you when you setup your forex practice account. Depending on the broker, they may call you and see how you are doing in your demo account and see if they can help you get started in a live account. Remember they get paid a commission only when you are making trades in a live forex account not the forex practice account.

Our advice is to use a forex practice account until you have tested your forex trading strategy and are comfortable trading the forex market. There is nothing worse than making a mistake in a live account, especially when its something that you should have learned not to do in your practice account. If you aren’t sure yet of how you are going to trade the forex market and you are looking for a simple and easy to use system that will take about 15 minutes to use - you should check out Freedom Rocks - it is an effective and easy to use forex trading system.

We have learned a lot using forex practice accounts to test out different strategies and test new theories. Often times we will be running anywhere from 3 to 5 practice accounts at the same time just to try out different forex strategies. Some brokers make it easy to have several accounts and other brokers make it difficult. The broker we use allows us to create new demo accounts in just a few mouse clicks and they don’t care how many accounts you have – as a result – it makes it a lot easier to test strategies on their platform as opposed to other forex brokers.

Even after you have been trading the forex market for a long time you will want to experiment and test out new methods of trading and that is what forex practice accounts are great for. Test your new forex method without putting any money at risk in a demo account.

When you are ready to get started with forex trading - feel free to contact us directly or just visit http://www.askmeaboutforex.net/join and get started today! Remember - whether you think you can or you can’t - you are correct.

Have a great day!
Matt Ellsworth
MJE Sales, LLC
http://www.askmeaboutforex.net/join

Welcome to the Ask Me About Forex weblog! We open by saying a special thank you to Dan Nickerson, friend and CEO of Got-Zip Inc, for his help in setting up this great looking blog! Since this is our first post we should lay out the basic premise behind its existance. Our goal is to create an open forum for the exchange of ideas and information on how to profitably navigate the forex market, with emphasis on simplicity and effective use of time.

The central question we’ll be examining, in contrast to the rather stark statistic showing that 95% of forex traders lose all their investment capital within 60 days of entering the market, can consistent profit be extracted from the foreign currency market by individual investors who are not full time professionals? We have some proactive ideas on this and how it can be accomplished and look forward to sharing them with you as we move forward.

Since this blog is designed to as a two-way exchange of information, ideas, and questions, we encourage you to post questions which we will do our best to respond to. To do this simply click on the “Post Comment” button and fire away. We look forward to communicating with you!

Okay, that’s about it for post number 1. We’ll be back shortly with more information so come back and see us often. In signing off let us say; Here’s to your forex profit!

When you are ready to get started with forex trading - feel free to contact us directly or just visit http://www.askmeaboutforex.net/join and get started today! Remember - whether you think you can or you can’t - you are correct.