Automated intelligent systems

2023-3-3 14:11| Publisher: 5566| see: 305| comment: 0

abstract: These scams include intelligent trading systems(that isEAs)And other automation systems. What is an intelligent system? In the foreign exchange world, intelligent systems strictly follow technical signals to enter transactions, allowing people to relax at the seaside while they "earn" money. Press the button, and the intelligent system will continue to operate by comparing the past price history ...

These scams include intelligent trading systems(that isEAs)And other automation systems.

What is an intelligent system?

Automated intelligent systems844 / author: / source:

stayforeign exchangeIn the world, intelligent systems strictly follow technical signals to enter transactions, allowing people to relax by the seaside while they "earn" money.

Press the button, and the intelligent system will continue to operate, making trading signals by applied mathematics algorithms to the past price history. 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, based on three modes of change: upward, downward, or oscillatory, with infinite derivative changes.

Most intelligent systems do not incorporate all conditions or are able to detect changes in the trading environment. Therefore, if losses occur, they will be huge if not closely monitored or managed.

The scam is not the intelligent system itself, but their marketing methods. The scammer is attempting to sell these intelligent and automated systems as a "holy grail" like trading tool, promising that you can retire next week. And the price is' affordable for humans',20USD to5000US dollars vary.

Oh my goodness!! as long as20USD?? It's possible to make a lot of money??? Sounds great!

Okay, stop for a moment. Please cooperate and listen to me.

If the creator can make a lot of money using this system, he/Why did she even sell it and share the profits with others?

Why only20USD? You don't even want to eat well enough!

The actual income of these scammers comes from enjoying their foreign exchange“R2-D2s”System.

The scammer is trying to lure you with past data and backtesting logs.

Oh my goodness!! It has undergone backtesting!! It will definitely work!!! And it only sells20Dollar!! thanPS3Games are still cheap!

Okay, stop for a moment. Please cooperate and listen to me again.

Indeed, it may seem profitable. However, there is no consistent market in the foreign exchange market. The environment is constantly changing. In a changing market, the past has no effect on the future.

We are not sure if what happened in the past will happen again in the future. There are too many variables to consider. Besides, you don't know if these scammers have lied. They may have just imported arbitrary data from the spreadsheet, as most people are too lazy to check if that data is right or wrong.

Automated intelligent systems665 / author: / source:

Our suggestion?

Stay away from automated and intelligent systems until you become a trading expert and programmer.

Novices have no knowledge of trading or market behavior, so they do not understand how intelligent systems operate, which environments are best suited for them, or how to optimize and adjust systems. When deciding to let the program help you with trading, it's best to first learn how to trade.

Think about it this way: you will give it to a completely unfamiliar person(Plus no brain)You invest the hard earned money without knowing about him at all/What is she doing? I don't think so!

Intelligent systems are a great tool, but let's be practical - there is no perfect system that can run in all environments and at all times. Even Wall Street quantitative funds and algorithmic traders will lose money. They have systems developed by doctors of mathematics and financial engineers.

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