Last update 2020.10.19
I would like to challenge you. Use your Netflix budget to invest in learning how to trade forex with a Wiseinvest subscription. Even if you don’t pay for streaming services like Netflix, for this article, let’s imagine that you did.
According to one study, the ordinary American watches on average 8 hours and 54 minutes of Netflix each month. So, in total, you will spend 106 hours and 48 minutes watching series and movies in one year.
While you can say such entertainment increases your happiness and is part of the culture, it is also one more way you spend money.
Now, going back to the challenge in 2020, instead of watching series, how about using your money towards something that can be productive?
The challenge to become a successful forex trader
Wiseinvest financial content and signals are available semiannually for $49,99, or annually for $99.98. Compared to Netflix, our signal service is cheaper, and you can save up to $91.9 if you have the Netflix premium package.
Premium content from Wiseinvest can help you proactively take charge of your financial knowledge and access quality market research in the form of real-time forex trading signals. You can use the forex broker of your choice to execute your Wise-Signals as real trades in your brokerage account. We suggest FXCM.com because it has the same time reference.
Example trading performance of Wiseinvest forex signals
Wiseinvest Signals are powered by Artificial Intelligence (AI) and have produced an average annual return of 38.21% over the past four years.
If you invest $600 to trade forex in 2020 and use a Wise-Signal subscription, you could earn $229.26 if the average performance is maintained by our AI-powered trading system. Of course, past performance is not indicative of future results.
Nonetheless, generating passive income from investing in forex can help you take greater control over your finances while learning how to manage risk while making financial decisions. If you’re successful, you can even use that profit to pay for your Netflix subscription and still have money to buy popcorn.
A meaningful change in your life
Ready for our challenge? It doesn’t mean you must cancel Netflix, but instead of binge-watching or using it to pass time, you can instead read the financial content of Wiseinvest, and subscribe to our trading system via WiseSignals. You will also learn about investing in forex, which is the largest market globally.
In the example I gave, you only need to save $1.64 per day to be able to put this strategy with Wise-Signals for operation.
You do not need to become an expert in forex trading. This is because our trading system identifies the entry and exit signals. You just need to be aware of your email inbox notifications when we send out each signal, in order to replicate the information as a live trade at your broker.
The best way to trade forex
There are two ways to invest with our AI in forex:
1. Automated with AI-Trading. Check out the 3 steps to trade automated with our AI.
By trading forex automated with AI, you will save time and improve your performance without monitoring the market and managing trading platforms.
With Automated AI trading you do not need MT4 / MT5 and other trading platforms to invest in forex. All forex trades are automatically placed into your broker account every time that our AI system identifies a new worthy trading opportunity. You can monitor the AI trading performance in real-time directly on our dashboard.
Automated AI trading benefits
- Setup in 3 minutes.
- Totally hands-off, from anywhere.
- Invest from just $1.
- APY of 40% over the past 13 years*.
- Lightning-fast execution & no slippage.
- No commissions, no management fees.
- Portfolio with 40 different automatic strategies.
- No MT4/MT5 or other platforms required.
- Test with a risk-free practice account.
- Trading results directly on our dashboard.
Don’t you have a broker account yet? Our AI is integrated to trade automated with the broker Oanda. Click here to open an account.
2. Manually with AI forex signals.
Wiseinvest also provides AI forex signals that perfectly fit into MT4, MT5, and any trading platform. To trade with our AI forex signals, you must simply copy the data you receive from each real-time signal into any forex brokerage account of your choice.
There are five unique variables for each AI signal, and each must be copied exactly, to match the performance of the signal as close as possible.
Each AI forex signal alert consists of the following five data points:
- Symbol (forex pair)
- Direction (long or short)
- Position size (number of units or lots)
- Take profit (price level to exit with maximum gain)
- Stop loss (price level to exit with maximum loss)
Check out how to trade with our AI forex signals.
- Subscribe to a Wise-Plan.
- Open a Brokerage account. Check this article about the best forex Brokers.
- Set an amount and a position size on our Wiseinvest dashboard.
- Our AI will send you real-time trading alerts by email and Telegram.
- Copy the signals and paste into your Brokerage account.
All forex signals are sent every time that our AI trading system identifies a new trading opportunity. Our trading strategies are developed on a variety of time frames such as 4 and 8 hours.
Wiseinvest AI forex signals are Market Orders and you do not need the entry price. You can copy each signal while it is available on our dashboard. We do this way to assure that traders will just place signals while they are good to be traded.
You can trade forex with our free forex signals clicking here, or with our Premium subscription that provides you unlimited AI signals and automated AI trading in partner brokers. Whether you are a beginner or a professional forex trader, our AI trading system can help you save time and improve your trading performance. Get started with free AI.
When investing through Wiseinvest automated AI trading or AI forex signals, you do not need to calculate pips and change the leverage in your forex broker account. Learn more about leverage in forex trading by clicking here.
What is the performance of the AI in forex trading?
The Win Rate of our AI varies and can reach up to 95%. Our performance is based on an efficient frontier, which means that our model is profitable whenever the Win Rate is greater than 60%. Our strategies seek stable returns and sufficient results to achieve an average return of 40% per year (APY), without the application of high leverage.
We know that what matters in forex trading is the final result. Therefore, the investor needs to note that Win Rate is not always the best metric, as other signal providers disclose. For example, out of 100 trades, only 1 trade may be enough loss to make the 99 trades not profitable. In this case, the Win Rate would be 99%, but the final result would be unfeasible (negative). Therefore, we focus on the return of 40% of APY and not just on Win Rate.
It is essential to observe that forex brokers may charge spreads, commissions, and overnight fees. These factors can affect the AI performance. You can check our forex trading track record by clicking here.
How much do I need to trade forex with AI?
You can start in forex trading with free AI signals or an AI trading account and deposit just $1 in the broker. You can also test using a risk-free practice account with our AI trading system. However, to do efficient risk management in real accounts, we suggest you start from at least $100. Notice that some forex brokers require different initial deposits to trade forex.
What is the trading strategy of our AI?
Our AI analyzes those fundamental, technical, and sentiment factors that affect forex trading, and all criteria are evaluated in real-time using different weights. After completing the analysis, the choice of the signal emission strategy is made considering the increased likelihood of short-term profit and the amount available for investment.
Using technical analysis, our algorithm considers not only the patterns of various trends, including support and resistance levels and cross-indicators, but our AI is also able to create its own real-time index for each currency pair, that is used to identify what is the best direction and target.
In relation to fundamental analysis in forex, the AI makes a correlation within the economic calendar to find news data that can affect specific currency pairs.
- The lesson here is to convert a pure spend into an investment opportunity. You can think about other good examples in your daily life.
- You can change a habit by postponing gratification, learning something new; becoming a forex investor.
- If you want to get inspired, I suggest watching the amazing Netflix series Billions.
Instead of using Artificial Intelligence to pick up your favorite TV series, allow us to truly unleash the power of AI-driven Wise Signals and help you improve your chances of successful results.
Disclaimer: Forex and Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money due to leverage. Forex trading is not suitable for everyone. You should consider whether you understand how forex and CFDs work and whether you can afford to take the high risk of losing your money.
The forex brokerages displayed shall disclaim the overall performance of traders in their platforms. Oanda warns that 76.8% of retail forex traders lose money trading CFDs. XTB warns that 80% of retail forex traders lose money trading CFDs. FXCM warns that 74.74% of retail forex traders lose money trading CFDs.
The performances aforementioned are not related to Wiseinvest AI forex trading and AI forex signals system. You can check the performance of our AI forex system on our dashboard.