vendredi 31 mars 2017

Keep away from Automated Forex trading system and EAs

When you are searching for the best trading in the Forex platform, you may have come over some app. Some of the app says, they offer advice from forex system which is very accurate and you can put your trade in an automatic mode. Your profit will build up in no time.

This is the Automated Forex trading system. It is popularly known as the Forex robots. It is an app which will persuade you to integrate an app in your trading system. This app (so they say) will show you the market movement, show you how possible movement and even suggest you the trading price to bid and ask. Would you fall for this trading robot in Forex?

No, don’t fall for Forex robots
You must not fall for this Forex robots. It is seen that many Forex robots are scammed, they are plugged into your online trading platformand blow your entire trading account. If not that, they are sometimes heard to show fake charts on your trading screen. They will show you with an attractive signal and advice you to trade your bid or ask at that price level. Sometimes, the signals don’t even exist. If you look at the professional traders in Singapore then you will notice that none of them don’t use automatic system and that’s why the success rate in forex trading in Singapore is high. The EAsmight often show you the signal of only a partial timeframe. These Forex robots are not generous people who are crying to help you out in this Forex industry and put their soul in peace, in fact, they are trying to scam your money out. Before you think Forex robots are good, they are showing a signal pattern and future price level, remember that all is just an illusion.

Forex robots are scams: These robots are a very scam. They are a third-party app, trying to install on your online trading platformfor their own benefit. If they were really trying to improve your Forex profit, they would not require you to sign up for any amount of money. Also, if you do some research on the web, you will find that they are fake, showing you a signal that is false and very unsustainable. The Forex industry is changing rapidly and they are unsustainable. If not that, you would not need to trade with yourself, you would not have to come to this article, reading about Forex robots. If robot can ensure you 100 percent profit then high class brokers like Saxo wouldn’t spend huge amount money and afford on their robust online trading platform. They know the professional traders will ask for excellent trading tools and precise charting in the platform but not the automatic system to make profit.

Your money, your decision: Another reason not to use the Forex robots is that your money is traded by with some peculiar program. You earned this money for trading by yourself, not to give it into a hand of a robot. Use your brain and chart on the screen to make a trade. If you lose money, no problem since you will gain experience and eventually learn how to execute the perfect trades in the market. It is better to use your own money by drinking champagne than giving it to the waiter as a tip.

In summary, the mesmerizing app that they are telling you to install doesn’t have AI often known as artificial intelligent, it is merely an app, made of some codes and scripts. Do use your brain. If it was an AI, there were things to consider. Until there is no true AI Forex robot, do not with forex robots since it’s a waste of time money and effort. Rather buy forex educational course or seek help from the professional broker, it will be more beneficial for you.


Keep away from Automated Forex trading system and EAs

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