Does anybody know anything about Forex? I have been playing with the market a little bit lately and turned my $2k into $8k, not a bad return! However, recently I signed up for a practice for a practice Forex with $5k, what I would likely start with.

I just started messing around with it today and made $1k, 20% in a day, not bad! I don't think I'm ready to start with real money though. So my question for anybody who has done this before...

My strategy today was just buying on dips and selling higher, just basically looking at charts. It seems pretty predictable. Will I have this success everytime with this strategy or is there more to it?

Any insight from anybody with experience is greatly appreciated!