a waste of money: Boxed System A boxed system is one where you dont get to know how the strategy works its an opaque black box. This includes the brokers, or SSPs, terms conditions, copies of any emails/Skype/live-chat you have had with them, confirmation of your deposit, turnover requirements for bonuses and your trading history. Just look at the list of trading signals can h1 holder do forex trading software. You can also contact your local regulatory body and ask for help. A platforms regulatory status can be a highly valuable trust-indicator for traders seeking to avoid scams. Scam brokers are considered to be those that practice scam tactics in convincing new clients to make a deposit. One of the main things is that the strategy should be tested over a long period of time, and in all market conditionsup trends, down trends, ranges, volatile and sedate conditions. These will come up like a beacon in Google with lots of entries about them from disgruntled traders on various forums. They may not care, a sign of a shady broker, but when it comes to reliable brokers they will want to address your problems to avoid poor publicity.
That is way it pays to do some homework, and make sure the is based on a long history, and has proven itself profitable over all types of market conditions. Its a fact of life that some of those product providers are going to be more trustworthy than others.
Do you give up on trading? Channel sales You should always be clear about who you are dealing with. A System or Only a Strategy?
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Always take responsibility for your own trades. Not the same stories kind of stories and promises over and over all to get you to sign-up to their free system/bots They are not free you have to deposit and they get paid on those deposits So remember limited time/fast money/cant lose!/just fund your account. Notice also how the worked with the brokers directly, which implies that they can be directly involved as well. No matter what you do next, this information will be required in order to get satisfaction. No Trial Period You should be able to test a product and be able to cancel without a fuss if the service isnt for you.
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