Decoding the Forex spam email, a guide by Currensee

You know it, and you know it well – the spam email. These get-rich-quick emails offer all sorts of bizarre ideas, from Forex robots to vacation timeshares to [insert useless product here]. Typically, these “investment opportunities” have a few things in common:

  1. No one has ever thought of this idea before. This random guy from Wheresthat, USA is really onto something.
  2. These forward thinkers come from real innovation hubs where new, great ideas are born, like Winner, South Dakota.
  3. The product in development, acre of land for sale, or goat up for adoption is always on the cusp of something - a new feature, giving birth to a new baby calf, whatever. Bottom line is that since it’s a work in progress, they cannot show you a photo of it, not even a blurry one. There’s no tangible proof this product actually exists.
  4. This product-goat-thing is so unique, it is spoken about in hushed tones. Everyone is out to steal this revolutionary idea, so you cannot ask too many questions about it.

Sound familiar?

Photo by Gonçalo Valverde

We recently got an email from someone asking for an investment in his new, shiny Forex robot. Clearly this guy didn’t do his homework, because he doesn’t know where we stand on robots. When we get these kinds of solicitations, we get a good laugh at how cryptic and mysterious they make the Forex market and software development process sound.

For entertainment purposes only, we’ve deciphered this email below. Names have been changed to spare the sender embarrassment, but really – what kind of fools do you take us for?

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

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