Forex-factory used to be a better place now its full of nonsense.
Scammers tried to penetrate MQL4/MQL5 forums but mods ban them straight away. They always keep the forums clean. Only programmers, technical analysts, quants with authentic capabilities are allowed to talk.
This is why MQL forums got many genuine & serious works ever done on Forex. While Forexfactory after decades of existence, is still full of newbies, marketers & all sort of bollocks.
There's hardly any genuine/theoretical works done on FF.
The most amazing thing i see is
People never learn!
They keep coming with same BS ideas years after years, only to find it doesn't have any edge at all. Well, I doubt many even understand the basics of statistics.
Most threads start like :
I think actually there are 2 types of intentions behind this:
1. the newbies who want others to test their ideas through trial & error, because they are too lazy to test themselves
2. the scammers trying to scam the newbies, trying to sell a new brand of snake-oil
Scammers tried to penetrate MQL4/MQL5 forums but mods ban them straight away. They always keep the forums clean. Only programmers, technical analysts, quants with authentic capabilities are allowed to talk.
This is why MQL forums got many genuine & serious works ever done on Forex. While Forexfactory after decades of existence, is still full of newbies, marketers & all sort of bollocks.
There's hardly any genuine/theoretical works done on FF.
The most amazing thing i see is
People never learn!
They keep coming with same BS ideas years after years, only to find it doesn't have any edge at all. Well, I doubt many even understand the basics of statistics.
Most threads start like :
QuoteDislikedThis is my system I'm trading for 4years it looks good blah blah blah. No precise entry/ exist/kiosk management methods. Not even any proper backtests provided. Its all opinions only! nothing factual
I think actually there are 2 types of intentions behind this:
1. the newbies who want others to test their ideas through trial & error, because they are too lazy to test themselves
2. the scammers trying to scam the newbies, trying to sell a new brand of snake-oil
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