BitGPTApp Review – Scam or Legitimate Trading Software
This BitGPTApp reviews looks into the different offerings of this AI crypto trading platform and its claimed toolset including algorithmic trading.
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I use Auction market theory and Volume profile within Bookmap to trade S &P 500 futures. The daily streams are used by me to re-watch and train my brain to see specific set ups. In addition, re-watching reversals, breakouts, etc all increase recognition and help create reflexive action.
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Immediate Connect Review 2023 – Scam or Legitimate Trading Software?
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
Immediate Connect is a trading platform for forex, stocks, CFDs, and Bitcoin. The platform claims to offer automated trading capabilities that can enable traders to profit with little to no trade research of their own. It’s also completely free to use.
Immediate Connect makes a lot of noteworthy claims, so we wanted to find out if this platform is legit. In our Immediate Connect review, we’ll take a look at everything this platform can do and help traders decide if it’s right for them.
Immediate Connect Summary.
We’ll start off our Immediate Connect review with an overview of the main facts traders need to know about this trading platform.
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Immediate Connect?.
Immediate Connect is a trading platform that supports multiple assets, including stocks, forex, CFDs, and Bitcoin. According to the Immediate Connect website, traders can use the platform to trade any of these assets on their own or with the help of an automated algorithm.
Immediate Connect doesn’t provide many details about its algorithm, but says that it enables traders to profit from the market with little oversight and no manual intervention. In other words, traders may be able to activate the algorithm and walk away while it trades on their behalf.
The quality and performance of this trading algorithm is not known. The Immediate Connect website does not offer traders any information about its historical win rate and Immediate Connect reviews from current users are slim on details.
According to the Immediate Connect website, this trading platform is completely free to use. There are no account fees, trading fees, or hidden fees to worry about. Traders can also test out the platform for themselves using an included demo account.
Immediate Connect Pros & Cons.
Supports stocks, forex, CFDs, and Bitcoin tradingMay be able to trade fully automaticallyAccessible to beginnersCompletely free to useDemo account available
Few details about algorithm or past performance$250 minimum deposit required
How Does Immediate Connect Work?.
The Immediate Connect website doesn’t provide much information about how its algorithm works or even whether it’s powered by AI. However, we can make a few assumptions about how this trading platform operates based on how crypto signals services and other automated trading platforms work.
It’s likely that Immediate Connect uses an algorithm that has been trained on a large amount of market data. Machine learning and AI algorithms can spot price setups that lead repeatedly to the same outcome, such as a significant jump in price.
If this outcome occurs over and over again, the algorithm can predict that it will happen again in the future. So, when the price setup is spotted, the algorithm can place a trade based on the outcome it has observed in the past.
This system isn’t infallible, but it is effectively the basis for all technical analysis in the stock, forex, and crypto markets. So, Immediate Connect would not be alone in using this approach to automated trading. Note that we could not confirm that this is how the platform works during our Immediate Connect review.
In any case, Immediate Connect does not…
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