Discussion in 'Making Money' started by Borislav, Mar 21, 2017.
Simple question, did any of you guys tried this IQ Option bot, for binary options trading?
Bots don't increase your odds of winning in Binary Options, ever. Find a forum where there are players who have used every Bot out there who will verify this. Here's why: Bots are designed to give you a false sense of security. Their purpose is to increase volume, so you'll trade more frequently, and when you trade more frequently, you'll lose more often! Brokers make money from your losses and from large volume, which insures more losses. There hasn't been a Bot yet in Binary Options that does better than a 50% win ratio, and you need at least 51% to stay in the game. That's why they call Binary Options gambling, and in most foreign countries, the laws that regulate them are gambling laws, if they are regulated at all. Many are not! Do yourself a favor & learn the right way to trade. Read, take courses and practice. Find a strategy that's proven to work and practice it. Paper trade minimum 3 months before using hard cash. Stay far away from Binaries. If you see an ad telling you you'll be making thousand$, showing beautiful men and women in expensive cars, yachts, million dollar homes, and Lear jets...RUN! It's great marketing, but has empty promises!
Thanks given to a man of few, yet well thought out words!
Don't do it.
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