rebatesinforex trading rebateinforextrading (also known as EAs) best forex rebate other automated systems What bestforexrebate an intelligent system? In the world of forex, intelligent systems enter trades strictly in accordance cashback f……" />

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Forex margin trading of how to prevent forex trading scams 3 - intelligent trading system scams

2023/2/25 6:12:43  Classification:   Participation: 11  

These scams contain rebatemeaninginforexex.com">rebatesinforex trading rebateinforextrading (also known as EAs) best forex rebate other automated systems What bestforexrebate an intelligent system? In the world of forex, intelligent systems enter trades strictly in accordance cashback forex technical signals, allowing people to relax on the beach while he makes money by pressing a button, the intelligent system will continue to operate by applying mathematical algorithms to past price history to produce trading signals In other words, they use automated mechanical systems, regardless of whether the trader is in front of the computer or not The problem is that intelligent systems and their ideas cannot cope with the ever-changing market conditions Market behavior is dynamic and based on three patterns of movement: up, down or sideways movement infinitely derivative changes Most intelligent systems are not programmed for all conditions or able to detect changes in the trading environment therefore, losses arise and they can be huge if not closely watched or managed The scam is not the intelligent systems themselves but the way they are marketed Scammers try to sell these intelligent systems and automated systems as the holy grail like trading tools sold with the promise that you can retire next week and sold at prices that humans can afford, ranging from $20 to $5,000 Geez!!! Only $20? The potential to make a fortune? Sounds like a great value! Well, stop for a moment and listen to me, if the creator can make a lot of money with this system, why would he/she sell it and share the proceeds with others? Why only $20? You cant even get enough if you want to eat better! These scammers actual gains come from enjoying their Forex R2-D2s system scammers try to lure you with past data and backtesting logs Geez!!! Its back-tested!!! It must work!!! And its only $20!!! Thats cheaper than a PS3 game! Well, stop and cooperate and listen to me again. Indeed, it may seem profitable, however, in the forex market, there is no such thing as a consistent market. Any data, because most people are too lazy to check if its right or wrong. Stay away from automated and intelligent systems until you become a trading pro and a programmer newbies have no idea about trading and what the market behavior will be like, so they dont understand how intelligent systems work, what environment they are best suited for, or how to optimally adjust the system When deciding to let a program trade for you, its best to learn how to trade first Think about it this way: you will be giving a complete stranger ( Think about it this way: would you invest your hard-earned money with a complete stranger (plus no brainer) and have no idea what he/she is doing? I dont think so! Intelligent systems are a great tool, but lets be realistic - there is no perfect system that works in all environments, all the time. Even Wall Street quant funds and algorithmic traders lose money with systems developed by PhDs in mathematics and financial engineers.

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