Trading with strategies is pointless without understanding the market and basic skills, Apollofinance scam monitoring specialists state. A good algorithm requires constant modernization. The trader must understand what changes are needed to made the strategy in order to correspond to change market.
Advice from Apollofinances.com: it is better not to use ready-made strategies, but to create them yourself, based on personal experience and information that is available on the Internet. Then you will understand exactly how it works.
If a trading school offers to buy a strategy from it in one form or another, it means that they are trying to make money on you. According to analysts of Apollofinances scam will take your time and waste your money.
Many people are unable to see the difference between forex advisors from brokers (those who provide access to interbank liquidity), and also do not understand the risks that accompany margin trading. And that’s so difficult for them — they decide to buy some video course just to understand this field. That’s a common mistake.
Apollofinances.com tip: Paying for video tutorials is pointless. Over the years of the forex trading existence, a huge number of free videos and channels have appeared that provide the same information as the authors selling their visual content. There are hundreds of thousands hours of video on the web.
They can be short (dedicated to a specific topic, tool, indicator, strategy) or consist of several dozen videos covering many topics. They are made for new traders who will become the loyal auditory of company in just few months of cooperation. So why some so-called brokers charge money for videos that educate traders?
In most cases, video tutorials provide basic concepts or cover very specific topics. Both are freely available (in texts, articles, publications). Most often, the author of the video tutorial borrows that person founds and just records the video. So it’s just waste of money, because you’re buying something that is available somewhere for free.
Apollofinances warns: not all video tutorials are informative. Many of these are lengthy advertisements for courses or personal training with an author.
But even this is not the main problem of learning to trade by watching videos. The point is that such forex courses do not provide feedback. If you do not understand something, you will not be able to get advice from the author. That is, learning to trade in Forex by video is akin to self-study.
Webinars are usually organized by banks, brokers, forex dealers and traders who want to share the experience.
These are face-to-face meetings. They can be free or paid. Some of them are held by scammers in order to offer their services as a mentor. Some mentors try to earn extra money by selling paid programs and courses.
Webinars can be divided into two categories:
Tip from Apollofinances: If you're a beginner, choose the seminars carefully. You definitely can get confused in theories, methods and trading systems, and also spend a lot of money on this.
The quality of the paid beginner seminars is not much different from the free ones. They are carried out to make money on the promoted name. Warning from Apollofinances.com scam is investigating specialists: don’t believe that you can get some unique strategy with no basic knowledge about the market. There are no revelations or secret techniques.
Webinars are held remotely (mainly via the Internet). Everyone can take part, regardless of their location.
It is easy to organize webinars, since you do not need to rent a room. Therefore, there are numerous scammers in this field. They force trainees to create an account on specific website they want or impose useless training materials.
Note from Apollofinances scam: in fact, the information most couches provide is available for free. They are well aware that they are deceiving people, but they continue to present their seminars and webinars as an opportunity to receive some kind of revelation.
There is no denying that there are benefits to participating in seminars and webinars. But it is important to choose those forex courses or trading school that offer the necessary information, and dont engage in self-promotion.
I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....