Tyler WagnerFounder, Authorsunite.com · Authorsunite.com and Partnerprofits.io Founder - #1 WSJ Bestselling Author - Book Publisher - Book Marketer - 4,000+ Authors Served - Millions Of Books Sold By Clients - Investor

The biggest Misconceptions About Forex Part 1

Name: The biggest Misconceptions About Forex Part 1
Uploaded: 2023-02-14T14:00:23+00:00
Duration: 38 s
Channel: Tyler Wagner
Description: Forex trading was flooded with cheap robot systems in the early 2010s that promised automated profits but mostly failed. These were scams exploiting…

14 Feb 2023 · 1 min

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Forex trading was flooded with cheap robot systems in the early 2010s that promised automated profits but mostly failed. These were scams exploiting traders' hopes, and despite regulatory changes, fake promises and abandoned traders remain common in the industry.

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What are some of the biggest misconceptions about Forex? The 2010 or so when everybody was robot, robot, robot, robot, right? Like $90 robots and everybody was like believing in that. That was the first, I would say, scam because most of these things never work, never worked, maybe for some period, but not for the long run in the market. Then all the new regulations and all the changing in the market. It's not only Forex, wherever money is involved, there are scams. There are fake promises. There are those who pretend to be, and there are those who will do whatever it takes to sell you the dream and leave you there. That's the problem. The biggest problem with Forex, the all the online fake things happening.