How to Spot and Avoid Forex Trading Systems Scams 🕵️

Share it with your friends Like

Thanks! Share it with your friends!

Close

✅ Check Mark’s Premium Course: https://price-action-trading.teachable.com/
✅ Trade with our sponsor broker: CoreSpreads Australia http://www.financial-spread-betting.com/ccount/click.php?id=83
✅ Please like, subscribe & comment if you enjoyed – it helps a lot!

How to Spot and Avoid Forex Trading Systems Scams
One shady practice i keep seeing from traders selling systems. I keep seeing this and it annoys me because I feel a lot of people are being taken for a ride here. This is not outright fraud but the practice still verges on deceit. This is about people selling a system or strategy or even trading signals. What people show is upward equity curve and it looks really good on the face of it. But if you look at the actual strategy, all is not what it seems. This generally happens on forex -those system sellers normally use a 15 pt target and 1000 pt stop so the likelihood of being stopped out is low. But there is something else that goes on.

✅ Help to support our production; https://www.patreon.com/ukspreadbetting

✅ This video is sponsored by CoreSpreads Australia. Please support us by trading with this provider http://www.financial-spread-betting.com/ccount/click.php?id=83

Related Videos
Do Forex Trading Robots/EA’s Work? 🤔
https://www.youtube.com/watch?v=G2iCw72IsU0
Forex Robot Scams | Can Expert Advisors be Trusted!? 🛑
https://www.youtube.com/watch?v=7vTSBf7Bbvo
The Black Box Forex Trading System (Forex Robot) Scam 🐛
https://www.youtube.com/watch?v=HlqLeqalj4g
Automated Trading Strategies vs Manual Strategies: Pros And Cons Of Automated Trading Systems 🔍
https://www.youtube.com/watch?v=UE7IEHZDln0
WILL ALGOS/ROBOTS REPLACE HUMANS 1 DAY? 🤖
https://www.youtube.com/watch?v=ErHBS85TaK8
BUILDING A TRADING ROBOT! WARNING! 🤖
https://www.youtube.com/watch?v=e7_o3T6cQuA

How to Know if a Strategy is Truly Profitable?
https://www.youtube.com/watch?v=xKVywSMSwQs
Is Backtesting a Waste of Time? 🤨
https://www.youtube.com/watch?v=DFJTpCWSm_M
Back Testing Strategies – is it all Flawed? Are BackTests Useless? 🤔
https://www.youtube.com/watch?v=ZZWVDmOZAgs

Rule 48 and Circuit Breakers, Good or Bad? 🛑
https://www.youtube.com/watch?v=ADRqG_RqCRI

Know When NOT to Trade Your Strategy! Good and Bad Market Conditions to Trade 👊
https://www.youtube.com/watch?v=eCcNplTsbLc
Creating a System for Bull, Bear and Sideways Markets! 🙂🙃
https://www.youtube.com/watch?v=KnSRxvH0dH8
Adapting the Market You’re Trading to the Current Market Conditions 👍
https://www.youtube.com/watch?v=-R1ps9VXvBk

Comments

NoThing Sacred says:

Appreciate your honesty and hard work putting out these videos more than you know, Mark. Cheers from across the pond!

el-sig says:

Wow! Thanks. This is a real eye opener!

Glyn Lewis says:

The old adage of , if something looks too good to be true, it usually is, was never truer than with signal services

Dziadzia Dziadzia says:

This strategy has 99% win ratio but 1%wipes you out of the market,never ending in positive way.Regards

bulltraderpt says:

Anyone who is wanting to buy a system, shouldn't be in this game..

Write a comment

*

THE FOREX-SPECIFIC SEARCH ENGINE Close