Scam Prevention and Legit Tips and Tricks by GCG Asia Forex Malaysia

Welcome back to GCG Asia with the latest news and updates on all things forex trading, investing and finance.

Some of you may know founder and CEO of GCG Richard Alexandre is passionate about anti-Scam education and fraud prevention. GCG as a start-up is heavily invested in forex trading and fraud prevention software development. Hence, the content in our official website skews heavily towards these topics.

This week we talk in layperson terms about how to protect yourself from internet fraud, scams, malware attacks and more. These simple things like protecting your login information, can help prevent major losses. In a world where technology revolves around humans, it has become even more challenging to assist people in portraying good behaviors. In GCG Asia Forex Malaysia, it is stated that most people are drawn into their technology and machine rather than pure human contacts. These help them to cope living in a futuristic era where everything revolves around technology and humanity. On the other hand, GCG Asia Forex Malaysia has reviewed a few comments regarding the relationship between humans and technology.

As everyone is familiar with innovative technologies, more people develop talents in escaping reality with dirt from using technology, as mentioned in the GCG Asia Forex Malaysia forum. For instance, scam ads or websites lure individuals into trapping themselves. As stated by the GCG Asia Forex Malaysia, the identification of scams in today’s environment requires a thorough strategy to correlate pieces of information with anomalous behaviors. Scammers have evolved complex techniques. Therefore it is crucial to keep up with these shifting methods. Moreover, the Internet has been one of the most popular instruments to fight scams and thieves with their more complex attacks. Therefore, GCG Asia Forex Malaysia suggested that every individual knows about identifying scams and ways to prevent them.

GCG Asia Forex Malaysia’s staff working

1. Stay up to date with your mobile and desktop devices. With the newest software and safety, operating systems and web browsers, viruses, adware, and other online dangers are the best defenses. GCG Asia Forex Malaysia prioritizes secured browsers for every software update to avoid phishing or scam tactics to penetrate the new updated system. GCG Asia Forex Malaysia also pushes the public to check the main URL of the selected websites to identify any acts of an attempted scam. Popular social media platforms, internet banking gateways, or IT executives often utilize communications to attract suspicious people. As mentioned by GCG Asia Forex Malaysia, this method is more accessible as people nowadays have limited awareness of the danger of internet scams. The phishing platform’s domain name may nearly be like the genuine page. It may even include the actual site URL but also code to redirect visitors to a fake site. However, not all scam websites are easy to detect as the technology used has also developed through time which helps them replicate better. GCG Asia Forex Malaysia highlighted that the possibilities of getting scams are high as long as you are using the Internet, which means that you have no other choice than to master the reverse art of internet scams.

2. Next is to protect your PC or laptop with spam, anti-virus, and firewalls filters. These applications and programs ought to be kept in updated versions to offer optimum results. GCG Asia Forex Malaysia stated that these additions are justified like vaccination for the human. This is because you can never predict when and what a scam is unless you created it. Therefore, it is better to be safe than sorry.

3. On the other hand, GCG Asia Forex Malaysia also prioritizes securing all your passwords for any applications that involve getting signed in within the Internet. This is because there are always people watching you, clicking on your details. GCG Asia Forex Malaysia highlighted that obtaining passwords are never hard for hackers because of the nature of the business that they are in. Therefore, it is advisable to act right away if you believe you were a victim of an internet scam. If you have supplied an anonymous source with account information, PINs, or passwords, tell businesses that you have credentials immediately. As mentioned by GCG Asia Forex Malaysia, this helps in updating the users following their awareness of identity theft in their surroundings.

4. In GCG Asia Forex Malaysia, the ultimate security measure that will make it easier for you to deal with a scam is to protect your internet connection. This means that passwords and URLs are kept private and for the sake of having friends. Therefore, always secure a password for your home wireless connection. Be careful about what details you transmit while connecting to public Wi-Fi networks as everyone has access to it.

GCG Asia Malaysia’s CEO Richard Alexandre Shares Insights on Forex Trading & How to Profit Legitimately

With all of the preconceptions and biases surrounding the forex business, it may not be easy to get clear answers to the most often asked topics. What much cash should you begin with? Is it necessary to acquire a bachelor’s degree in economics to be successful? Or is forex trading legit money-making or is it just a game of chance? Do you need a broker?

Richard Alexandre, GCG Asia CEO, and co Founder answers many of these questions and more in this article. Speaking from his GCG Asia’s Malaysia office, Richard Alexandre has been trading for a long time and has firsthand knowledge of how his GCG Asia customers in Cambodia, Singapore and Indonesia perform. Therefore he is the best person to ask about forex trading like withdrawal issues, scam alerts and brokers.

GCG Asia CEO Alexandre sat down for about an hour and in a candid conversation covered various topics relevant to GCG Asia’s Malaysia followers relating to forex trading, GCG Asia investing philosophy, brokerages, and an issue of concern to many, forex scams and warning people about fraud. The conversation also touched on subjects like a 2020 review of GCG Asia’s business and how the company wanted to move forward in 2021. GCG Asia’s Richard Alexandre said that in Malaysia, he exclusively trades three products: gold, USDCHF, and silver.

Alexandre did the interview from the GCG Asia Malaysia office after a busy day making some GCG Asia Malaysia official announcements and reading up on the latest news. “It’s always a busy day at the GCG Asia Malaysia office. But the team here is effective and I enjoy my time here. It’s always something new going on. For example, GCG Asia Malaysia got a call from Dato Sri Darren Yaw, who, if some of you don’t know, is a known individual in investing circles. He is very interested in collaborating with GCG Asia. So that is something I’m looking forward to,” said the GCG Asia CEO and co founder before the interview officially started.

Without further delay, let’s get into the Q&A with CEO and co-founder Richard Alexandre.

How did you get started in the business? What were your motivations for getting into forex trading?

When I was a student in Singapore, I began trading. I enrolled in a portfolio management program with a buddy, and we chose to trade in bonds and stocks. I wanted to start forex trading two years later. So, in all, I have been trading for eight years. I enjoy the fact that the Forex market is constantly open and accessible. It is thrilling to think that anything might happen late at night and alter the market position.

What challenges in forex trading did you face?

The beginning is usually difficult: novice traders lose the majority of the time unless they are very fortunate. You only begin to be incredibly successful when you gain knowledge to watch and understand the market. Since you need skills and, yes, the capacity to take a blow–every dealer loses at some time.

The toughest aspect, in my perspective, is risk management. You must determine how much you are willing to risk, honestly evaluate your options, and know when to exit the transaction. It’s sometimes preferable to close your holdings and reconsider the issue.

Do you believe anybody can trade?

It is entirely up to you and your personality type. I would not suggest forex trading to someone who is afraid of taking risks because “if you fear, you fail.” Forex trading requires a level-headed individual who can make choices.

Do you believe that a trader's financial education is vital?

Forex trading is all about observations and psychology, not academics. I learned economics, and I can assure you that dealing, trading, investing, and holding an economics degree is not related. The person who helped establish GCG Asia in Malaysia had no experience in finance or forex trading. So it’s not vital but you do need to keep updated for example, by reading GCG Asia’s latest news or updates. Our GCG Asia Malaysia news updates through the website and email, telegram and twitter are very useful for this.

GCG Asia followers do want to know, how much capital do you need to begin trading?

You can start with as much as you can spare. I started with USD$22,000 and started with 4-5 trades a day before I started to see results. You may begin with as little as $900, but with such a low volume, you would open fewer trades at any one moment.

Who are the types of known individuals that are successful at trading, according to your experience as GCG Asia Malaysia CEO?

Those who understand the marketplace, headlines and acquire the appropriate volume can succeed. It’s a crucial issue that I constantly bring up while speaking with my clients.

Every day, create 5-6 profitable jobs, then shut your device and go out to eat. That concludes our discussion. For forex trading, you needed to maintain a clear mind, sleep properly, and remain concentrated.

Frequently I see my GCG Asia in Cambodia customers get too enthusiastic and create 30-40 trades — it’s insane. You can’t manage that many. GCG Asia Malaysia clients are also similar. I try to tell them to not get carried away.

Lastly, how do you decide which goods to sell? Personal preference or numbers-crunching?

Every trader must have a portfolio of three to four items that he or she enjoys. And when I say “preferring,” I’m referring to the ability to exchange them. So it boils down to experience — knowing how a product acts, remembering patterns, and anticipating future market moves is simpler. This is what I tell my clients at GCG Asia Malaysia.

Q&A interview with GCG Asia CEO and Founder Richard Alexandre

With all of the preconceptions and biases surrounding the Forex business, it may not be easy to get clear answers to the most often asked topics. What much cash should you begin with? Is it necessary to acquire a bachelor’s degree in economics to be successful? Or is FX just a game of chance?

Richard Alexandre, CEO, and Founder of GCG Asia, has been asked to respond to these concerns. Richard Alexandre has been trading for a long time and has firsthand knowledge of how his customers perform. Therefore he is the best person to question about trading issues.

So, Alexandre, how did you get started in the business? What were your motivations for getting into the Forex market?

When I was a student at an Asian university, I began trading. I enrolled in a portfolio management program with a buddy, and we chose to trade in bonds and stocks. I want to start my hand at Forex two yrs later. So, in all, I have been trading for eight years.

As for the causes, according to GCG Asia Latest News, Alexandre enjoys the fact that the Forex market is constantly open and accessible. It is thrilling to think that anything might happen late at night and alter the market position. He remains awake and concentrated as a result of this dynamic.

Were you initially dissatisfied? What challenges did you face?

GCG Asia Alexandre said, “The beginning is usually difficult: novice traders lose the majority of the time unless they are very fortunate.” “You only begin to be incredibly successful when you gain knowledge to watch and understand the market,” said Richard, CEO of GCG Asia. Since you need skills and, yes, the capacity to take a blow – every dealer loses at some time – he said.

Alexandre, a GCG Asia Forex Trading specialist, said, “The toughest aspect, in my perspective, is risk management.” You must determine how much you are willing to risk, honestly evaluate your options, and know when to exit the transaction. It’s sometimes preferable to close your holdings and reconsider the issue.

Do you believe anybody can trade?

In response, the founder of GCG Asia declared, It is entirely up to you and your personality type. I would not suggest forex trading to someone who is afraid of taking risks because “if you fear, you fail.”

Forex requires a level-headed individual who can make choices. “Dentists, in my experience, generally do well, and it is simple to explain.” GCG Asia Scam Alexandre explains, “They have acquired analytic capabilities, and they don’t hurry into starting situations.”

Do you believe that a trader's financial education is vital?

According to GCG Asia Malaysia CEO Richard, trading is all about observations and psychology, not academics. He said, “I learned economics, and I can assure you that dealing and holding an economics degree is not related.” indeed, some understanding of the fundamentals is beneficial, but knowledge without experience is useless.

Okay, now for the most often asked question. How much capital do you need to begin trading?

In the interview with GCG Asia News, Alexandre stated, “Realistically, I’d think $22 000 is a good amount to start 4-5 trades a day and have an effective campaign.” You may begin with as little as $900, but with such a low volume, you would open fewer trades at any one moment.

Who are the individuals that successful at trading, according to your experience as an account manager?

According to GCG Asia Forex Malaysia’s founder, those who understand the marketplace, headlines and acquire the appropriate volume can succeed. It’s a crucial issue that I constantly bring up while speaking with my clients.

Every day, create 5-6 profitable jobs, then shut your device and go out to eat. That concludes our discussion. “for trading, you needed to maintain a clear mind, sleep properly, and remain concentrated,” said Alexandre of GCG Asia Scam Malaysia.

Frequently I see my GCG Asia Cambodia customers get too enthusiastic and create 30-40 trades — it’s insane. You can’t manage that much works!

Lastly, how do you decide which goods to sell? Personal preference or numbers-crunching?

According to Malaysian GCG Asia Scam Richard, Every trader must have a portfolio of three to four items that he or she enjoys. And when I say “preferring,” I’m referring to the ability to exchange them. So it boils down to experience — knowing how a product acts, remembering patterns, and anticipating future market moves is simpler.

GCG Cambodia Richard Alexandre said that he exclusively trades three products: gold, USDCHF, and silver; however, if there is a big chance in other pairings, such as politics or another election, I may join the pattern.