translates to: How to spot a fraudulent trader and con artist

I’ll pick out a few things

1. Saying things like fundamentals and such
→ It has nothing to do with it

2. Saying things about indicators and such
→ It has nothing to do with it

3. Saying things about important people’s remarks
→ It has nothing to do with it

4. Narrowing down to a specific currency pair
→ It has nothing to do with it; regardless of which currency pair, stock, or precious metal, there is no real method to choose

5. Saying there are characteristics depending on the currency pair
→ Same as above, it has nothing to do with it

6. Some days are difficult depending on the day
→ It has nothing to do with it; whether end of month or start of month, whether Monday or Friday

7. Giving an unethical “tip-off”
→ Statements that can be interpreted as either, or vague phrases like “If you break here” or “If it rebounds here”
That’s the tricky part to judge
Whether the long or the short is clear


8. The chart image doesn’t show consistent ways of drawing lines
→ This might be difficult for beginners to judge
Those who can tell will understand
What matters is whether it’s done mechanically

9. Expressing the rebound points in a zone-like manner
→ True professionals can hit it exactly (excluding spreads charged by brokers)

10. Not understanding how to use indicators
→ Because RSI diverged
→ Because it touched the Bollinger Band
If following the textbook method would win, no one would struggle

There are more, but that’s about it

End