Hey all, I'm very new to this, and I have a few questions that I hope others here with experience and wisdom can answer. 1. I just funded a regular FOREX account. I've had a demo. account that I've done quite well on. Should I continue to use the same strategies or is there something about the demo that's different. What I mean to say is that is the demo a different ballgame for traders since there is no real money and thus more risk is taken??? 2. Most brokers like FXCM, Refco, etc. have similar PIP spread (i.e. 3-5 PIPs on most pairs), but then I hear about brokers like Onada which have only 1.5 PIP spreads. How are such small spreads possible, and what are the drawbacks, if any of using a broker like Onada as opposed to FXCM?? 3. For overnights, is the interest rate calculation different at every brokerage house? I thought it was supposed to be the interest rate differentials between central banks, and if you're long you get interest, short you pay, but it seems every house has their own system. Please enlighten me on this. 4. What are some good books to read up on to give more insight into FOREX trading, and what magazines do you guys recommend? Thank you.