Social media trading bots accuracy

Trading bots on social media make people rich fast

CFTC data shows roughly two-thirds of retail forex traders lose money every quarter, and other industry estimates put the loss rate at 70-89% of accounts. Most "AI trading bot" posts are either survivorship bias (only winners post screenshots) or outright scams — fake bots that either don't trade at all or run Ponzi-style schemes paying early users with later users' deposits until withdrawals exceed deposits and the platform vanishes. The CFTC has flagged a sharp rise in these scams in recent years.

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