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Forex Bond
Automated forex signal services offer online forex market forecasts of subscription sites or e-mail. The owners of these services claim to forex a sophisticated algorithm, the signals for the entry or exit shall be calculated on the basis of an analysis of the chart data. The promise of a quick, guaranteed way for everyone to make money in the forex market - but only if you sign up for their service! I'll show you why almost all of these services are scams, and how theScam works.
Before continuing, let me emphasize that there are legitimate algorithms for forex trading signals. But the success of the forex trading systems usually generate a small profit margin. For example, a real, successful automated forex system to ensure the correct prediction of only 55% of the time. This is enough to make a profit in the long run, even if small-time investors, the risk of gambler's ruin, which I will discuss in a future column face.
Currency Online Trade
This is a verysimple scam, but to create the illusion of a forex signal service at an incredible rate of success, and many online services use this method forex forecasts. The scam works like this. It is said that a company advertises an automated Forex trading signal service with a success rate. 1000 people sign up to try it. Forex Services sends signals to 500 registered subscribers to go long on EUR / JPY and 500 to go short on EUR / JPY. We say that the Forex market, in fact, is true even for longEUR / JPY. Now, 500 people are happy, and 500 people are crazy. The 500-crazy people can stop the service (or you can try for longer).
In the next month, so the service is automated Forex trading the 500 lucky, and signals 250 to go long on EUR / USD and 250 to go short on EUR / USD. Again it is assumed that the forex market is long. 250 are now happy, and 250 are crazy. Of course you can stay 250 people still angry, but the end result is that the forex service 2 monthsSubscriptions to 500 people with the algorithm "flip-the-money". I would say that is not a scam, right?
New dealers to subscribe to the forex signal service each month, and not all are complete after a bad signal, so that fraudsters can be continued indefinitely, will benefit from Forex trading service, and not you.
In summary we can say, promise to be very careful of forex services, trading signals sent automatically. They are really nothing better than gambling away your money. Some peoplebenefit from these forex scams, just by luck, while others lose money. Ensure that all product research before making a purchase forex.
Review of Automated Forex Trading Signals Services - How An Online Forex forecasts Scam WorksVisit : Free forex ebooks site
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