Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are there any Forex automated robots that make profit?

0
Posted

Are there any Forex automated robots that make profit?

0

Any so-called “robot” for trading stocks or, in this case, foreign exchange (forex) have to be scams. Think about it: If you invented such a “robot,” would you sell it? No, you wouldn’t. You would trade it and become a billionaire, because if it really did work and thousands of people started using it, it would no longer work! Also, the smartest, Ivy League educated quantitative analysts on Wall Street are paid millions of dollars to develop such systems. Sometimes they will come across one that works for a while, but eventually they all collapse. Hence the implosion in recent years of many hedge funds.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123