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What Are the Best Functions of the Best Forex Software?
As you may already know, the particular Forex software and Forex service market has seen many new competitors over the past few months and years. Some are serious, some are not. And if you were like me several months ago, I mean with a current day job… then searching and evaluating the best performing Forex software can be a never ending, very time consuming task with few rewards because it is a difficult task to find real evidence of consistent profits over a long period.
Here’s why most Forex software doesn’t perform as expected…
…They have a poor and “learned” artificial intelligence, made and developed quickly with very traditional or very old algorithms. These algorithms do not take into account all market conditions well enough. Applications of external factors that help identify sudden and brutal movements are not robust.
Results: sometimes you make money or sometimes you lose money. Your goal of making steady profits is not being achieved quickly or not at all. That’s why you need your best Forex software to look for long-term profit generation.
That’s the secret.
The best Forex software generates consistent profits = profits every week, every month with minimal pause between profit generation. I’m sure you don’t want to make $900 in a week and nothing for 5 months. Best is to have say $400 every week 9 months/12 months.
And this is the job of the best Forex software.
These algorithms or formulas predict certain patterns that occur over and over again during the stock or Forex trading day. This is how the Forex robot behaves, it can predict with a certain level of accuracy what will happen next.
As you can see, it is not magic but science.
This lack of sophisticated artificial intelligence in Forex software is responsible for a small number of Forex strategies being implemented that cannot adapt well enough to any market condition. Most of the Forex machine will always react the same way… even if suddenly the market behaves differently. Your earnings are not stable and decrease rapidly.
And this is the rookie trap for the Forex software developer or end user.
Do you need to see the truth now?
You always see great and fantastic results in back-end tests, but when you go live with any digital Forex product you just downloaded online, you don’t lose your entire deposit in a few days because the AI is very poorly designed. What worked very well in a very difficult theoretical environment, will not necessarily work in a simple and live Forex trading.
Now let’s get to it…
…when choosing the best Forex software based on live performance, you must choose those that have live proofs and results e.g. that generate sustainable profits… past and present. Of course, they must be positive and well above average. It is your guarantee to have an effective and adaptable AI to make real profits every day.
You will have all the difficulties to see or have live trade receipts and results from your Forex software or Forex services, especially during this recession period where new patterns appear and can destroy their statistics.
Only the best will show you their real statistics with consistent profits over time and I can tell you that only very few Forex software and services can freely and honestly expose you to this necessary proof.
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