[quote=Andrewunknown;48273]:
"requires no trading experience"
"only requires 5 minutes per week of your time"
"no technical skills required"
"It is widely used by professional traders or beginners with no experience whatsoever, simply because it WORKS." Professional traders, eh?
and last but not least:
"a winning ratio of 89-92%"
All of these suggestions are dubious, at best. QUOTE]
I dont need to do any more research than this. Its garbage pure and simple. Unfortunately I have lost the link to a fabulous article that detailed the amazing lengths that institutions go to to get an edge. PhD mathematicians, the best hardware and software money can buy etc etc. But populations through all times are suckered into get rich quick scams and thats human nature. The only way to make money at this game is to understand price action, develop some simple way or ways to take advantage of it, and have the psychological fortitude to stick with it through thick and thin. There is a game show here in Australia called Deal or No Deal which beautifully shows the effect of greed, regret and lack of understanding of probability as contestants try to make $200,000. It shows clearly why most cannot make it in this business
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