Discussion in 'Trading systems and market analyzing methods' started by Volkov Yuriy, Aug 24, 2017.
I wonder do you know any prohibited trading strategies? Let's discuss this thing.
Trading balance is one of prohibited trading method. techniques that are widely used by traders to earn profits without make any analysis. This technique takes advantage of the broker's bonus. Where traders open 2 accounts in the same broker, then open an order at the same time and let one account be MC. Then the bonus will move to the account again into the balance so that it can be withdraw. Its sound is very interesting but it is not allowed.
Gamble-trading strategy unfortunately, there are many traders using this kind of strategy. they would go in blind, just follow others, copy other's work, or just pick wildly. crazy.
I think Arbitration between forex brokers is prohibited also. Arbitration is a technique that traders do by looking for price differences between brokers. Like doing a buy and sell positions simultaneously on different brokers. Then look for the price difference of the two brokers to gain profit.
Please be careful when you are using copy trade, make sure about the provider, is he good or not? and don't forget to check your setting, it is just copy or you have to set it up first, your lot, your balance, etc.
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