I am a new graduate of babypips, beginning my forex journey HOWEVER I have run into a brick wall. Even though I entered a short on USD/JPY @ 114.3035 as a carry trade somehow I missed out on understanding that the quotes were 20 min delayed (learning this from an equity short I was in) and that I was auto exited on NY mkt close and re entered on NY open for my USD/JPY short position…What? It would have been an very profitable trade and is now showing as a loss. How am I to use this platform other than just back testing. I trade equities, options, futures and forex and am looking for a platform that offers all four with a paper trade acct. One that offers EXT hrs, real time quotes and does not automatically close and reopen my FOREX positions based on the closing of the NY Mkt. I am Mac based but that is not the end of the road, if necessary I can work on a Windows platform. Am I misunderstanding something, I expect a charge on a carry trade but not an exit unless I got a margin call. If anyone can offer suggestions I can look @, I am thanking you all in advance. I can’t trade with real cash until I have proven ability which would be determined in a demo. Again many thks.
Toekan,
I signed up for a demo account on forex.com as they support Metatrader 4 but I must be hmmm not smart about where I can get real time quotes. Hoped that would have come with the 30 day trial. Suggestions please?
Wait until sunday evening, the live feed will come in itself. There are many brokers supporting MT4 by the way.
When the price will start running on your screen, that is your live feed. For forex you don’t have to pay a subcription for live feeds, as is the case for stock exchanges.
