Black Counter
Forex Black Boxes: Easy Money, or Complete B.S.?
If you've looked around for strategies on trading in the Forex market, there's no doubt you've run across a lot of ads talking about the power of a black box system. Some sound intriguing, others sound way too good to be true. So what's the truth behind these black box systems?
First of all, I'm going to start by saying that not every black box system is bad. Some are extremely effective depending on what the market is doing, and some systems are designed pretty well to deal with the changes in the Forex market. That being said, there are several things that you'll need to consider and watch out for before deciding on whether or not to trust your real money to one of these black box systems.
A black box system is one that has been worked on by statisticians and traders to figure out that mathematical formula that is going to help them make the right trade and predict where the market is going to go. If it works, the profits can be great.
But there are several things to look out for, including:
1. The system's past track record
2. Is there a money back guarantee?
3. Does the system require a large up front payment?
4. Is it designed for all three market movements, or just one?
The Triad strategy for Forex trading takes into account that the market only moves three ways: trending, counter-trending, and breakout, and this system has a strategy for all three. Some black boxes may have a great trading strategy for a trending market, but what happens when the market counter-trends? Or the black box may have a great breakout strategy, but the market is rarely in a breakout, so how is that going to perform the majority of the time?
These are all extremely important questions to consider with any black box, as it is YOUR real hard earned money that will be at risk.
In addition, try to do some research and make sure that the system has an actual record of profit. If it doesn't, that should throw up some immediate red flags. Systems that have large up front fees with no money-back guarantees are also usually ones that you will want to avoid.
The last major thing to be wary of is over optimization. This is when all the data and successful signals are optimized to the point that instead of having a pattern that predicts the future, you have "curve fitting" where you make a line going through all the profitable points without developing an actual projection. This makes it look like a slam dunk because it includes a "successful" past, but it has no ability to predict the future and therefore doesn't give you any advantage.
In the end black boxes are like anything else: there's no Holy Grail, but there are solid systems and programs that can help traders make more off the Forex market. As always, look for a proven system that has a history of profitable trades, and when you find it, don't be afraid to act!
 |
10PC Black Austrian Crystal Skull Skeleton Punk Rock Loose Spacer Beads Findings | US $8.99 | 15m |
 |
6 Ultra Sassy N Sexy Push Up w Lace Band Demi Bras 36B 753 | US $9.99 | 15m |
 |
Xy157 18 Black Rope S Weave Necklace Fit Pandent 10X | US $2.88 | 15m |
 |
Ap028 Black Red 5pcs Howlite Turquoise Big Hole Charms Bead | US $.88 | 15m |
 |
New Blue Fox Racing Dirtpaw Cycling BMX Road Bike MTB Gloves M L XL | US $8.61 | 15m |
 |
for Pantech Pursuit II LEATHER SKIN CASE POUCH PHONE COVERCAR CHARGERGUARD | US $8.99 | 17m |
 |
5PC Enamel Black Letter Q Alphabet Clear Czech Crystal Disco Loose Beads Finding | US $5.99 | 17m |
 |
Black Fashion Mens Black Quartz Wrist Watches BAE | US $.99 | 17m |
 |
NEW BT51 BATTERY FOR Motorola W385 Q9M K1M Z6TV | US $3.59 | 18m |
 |
10 SP Rhinestone Handbag Bail Beads Fit Charm Bracelet | US $4.72 | 18m |
 |
M12 Black White Circles Skinny Punk Slim 2 Neck Tie | US $4.49 | 18m |
 |
Juniors Vintage Avon Fashions Black Leather Skirt 7 8 7 8 | US $15.00 | 18m |
 |
Chromatic 13 Pitch Pipe Tuner Tuning Guitar With Case | US $1.98 | 19m |
 |
Charm Lady Girl New Bracelet Bangle Glass Beads Chain 8 New | US $5.20 | 19m |
 |
ililily Hair Band Beanies New White Knit Ski Cap Skull Crochet Snowboard Hat | US $.98 | 19m |
 |
420TVL 1 3 SONY CCD Indoor Mini Pinhole Camera PAL | US $30.90 | 21m |
 |
New Electronic Acoustic Guitar LCD Tuner ET 3100 Black | US $8.99 | 21m |
 |
iPad Smart Cover Back Hard Case for iPad 2 iPad2 Black Pink Green Red | US $.99 | 21m |
 |
FREE SHIP 60pcs Tibetan Silver Nice Hat Charms KP4432 | US $5.38 | 22m |
 |
NEW 37V 1500 mAh Lithium Ion Battery BST 41 For Sony Ericsson X | US $4.59 | 23m |
 |
2X New BK60 Battery For Motorola A1600 E8 L71 L72 | US $4.99 | 23m |
 |
Bestseller USB 7 Port HUB PoweredAC Adapter CableU16 | US $.99 | 23m |
 |
Black Lemon Crystal Rhinestone 925 Silver European Bead | US $4.99 | 24m |
 |
Good Match Belly Dance dancing costumes Dress Sequin Fringed Waist Chain Black | US $6.49 | 24m |
 |
Royal Blue Black Sheer Sexy Babydoll New | US $7.97 | 24m |
 |
Eye Cup Eyecup EF for Canon EOS 1000D 550D 300D 350D 400D Rebel T1i XT XTi Xsi | US $3.65 | 25m |
 |
Fashion LED LCD Day Date Digital Mens Sports Watch | US $.99 | 25m |
 |
Great Design Gentlemens Mens Quartz Wrist Watch BIS | US $.99 | 25m |
 |
NEW Wireless Navigation Remote Controller For PlayStation PS 3 PS3 Move Games | US $13.49 | 26m |
 |
fr VERIZON MOTOROLA DROID RAZR 4G DELUXE LEATHER POUCH SHIELD CASE PHONE HOLSTER | US $7.20 | 27m |
 |
for BLACKBERRY TORCH 9810 9800 LEATHER SKIN POUCH PHONE CASE HOLSTERCAR CHARGER | US $5.50 | 27m |
 |
for SAMSUNG GALAXY S II i777 i9100 H CARBON FIBER COVER LEATHER POUCH PHONE CASE | US $6.99 | 27m |
 |
for Samsung Galaxy S II i777 i9100 NAPA LEATHER CASE POUCH W ROTATE CLIP HOLSTER | US $7.20 | 27m |
 |
BT2 201 Digital Pocket Scale 200x001g Gold Silver Coin Jewelry Carat Reload | US $17.99 | 27m |
 |
Cell Phone Bling Luxury Crystal Samsung Galaxy S II i9100 Case Back CoverBlack | US $.99 | 27m |
 |
AWS 1kg Jewelry Coin Silver Gold Digital Scale 1000g x 01g American Weigh | US $13.99 | 27m |
 |
10X BLACK GREEN CRYSTAL 6MM SIZE FINDINGS BEADS WS090 | US $.99 | 27m |
 |
NWT Mens XXL FOX Racing Tee Yellow T Shirt | US $16.99 | 27m |
 |
OVER 50 ADVENTURE AUDIO BOOKS IPAD KINDLE WAR OF THE WORLDS TARZAN PETER PAN ETC | US $1.07 | 27m |
 |
AWS 100g x 001g Digital Scale Reload Gun Powder Grain FREE Calibration Weight | US $17.99 | 27m |
 |
Classic 6 hands black dial SSstrap AutoMechanical watch | US $9.99 | 27m |
 |
NWT SEXY MENS UNDERWEAR MODAL THONG SIZE XLW36 38 | US $1.07 | 27m |
 |
Sexy Blackwhite Boned underbust corset waist cincher burlesque basque corset | US $14.20 | 27m |
 |
New Jacob Keyless 3 8 Inch Chuck for 3 8 24 drill shaft | US $7.99 | 27m |
 |
AWS Blade Digital Jewelry Scale 100x01g BL 100 BLK | US $16.49 | 27m |
 |
1PCS Cell Phone Crystal Case Cover iPhone 4G 4SBlack CaseWhite BowGift Box | US $.99 | 28m |
 |
2 x 1500mAh BST 41 Li Ion Battery for SONY ERICSSON Xperia X1 X2 X10 New | US $6.99 | 29m |
 |
NWT 7 Seven Black Classic Flare Denim Stretch Jeans 8 | US $25.00 | 29m |
 |
18 LONG TANTO NINJA SHARP FULL TANG HUNTING MACHETE SWORD | US $.97 | 29m |
 |
6 Super Sassy N Sexy Push Up w Lace Band Demi Bras 753 40C | US $9.99 | 29m |
 |
Fashion Unisex Mens Womens LED Digital Sport Wrist Watch M8 | US $.99 | 29m |
 |
Red Black diamond print Chemise with silver accents Sparkle Baby | US $4.99 | 31m |
 |
NEW Battery BST 41 For Sony Ericsson Xperia X1 X2 X10 | US $4.59 | 31m |
 |
Motorcycle Engraved Quartz Mens Pocket Watch Gift Fob | US $.99 | 31m |
 |
Black White Foil Dichroic Lampwork Glass Charm Beads 5X | US $2.88 | 31m |
 |
for LG OCTANE RUBBER PINK HARD SHIELD COVER PHONE CASE HOUSINGSCREEN PROTECTOR | US $7.80 | 32m |
 |
Amazing CounterTop HOLDER for Hair Straightener Straightening Iron Black | US $7.98 | 32m |
 |
Black Military Sport Quartz Dress Mens Wrist Watch Aviator DATE Leather Strap | US $.05 | 33m |
 |
Deluxe Elegant Crystal Hard Back Case for iPhone 4 4S LCD Protector Black | US $9.99 | 33m |
 |
2 X BST 41 Li Ion Battery 1500mAh Charger For Sony Ericsson Xperia X1 X2 X10 | US $8.99 | 33m |