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  1. #1
    Rookie Member Spangle's Avatar

    Robots for Binary Options Trading !!!

    Hi
    I'm a newbee who has done a bit of Binary Options Trading in the past but without much success!
    Lately I've been looking at automated trading and one name that keeps coming up is "Binmary Options Robot" but there seem to be two quite different versions of this, with two quite different websites. One is "binaryoptionsrobot.com" and the other is "binary-options-robot.com" [with the two hyphens]
    They are obviously different products because each describes a different looking interface but both use the same style of presentation with the same type of Avatar attached to their product. So they're similar but not the same!
    Can anybody help me to work out which of those two is genuine - or whether neither of them is!
    Thanks.

  2. #2
    Legendry Member Okane's Avatar
    Yes, both are scams. There are no genuine robots.
    Stay here in the community and you will learn how to trade!
    Those robots are all fake, just to get you to deposit with some scam brokers.
    Only ones who make money are the ones selling the crap. Don't ever let an autotrader/robot or
    account manager trade for you. Period!



    http://www.binaryoptionsthatsuck.com/school/

    These types of offers are what we on CommuniTraders call
    "easy money scams".
    We have hundreds of those:
    http://forums.binaryoptionsthatsuck....-Money-Exposed
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  3. #3
    Legendry Member Okane's Avatar
    By the way, you want to learn something useful and real, with actual real traders?
    And it's free too,
    http://forums.binaryoptionsthatsuck....niTraders-Live
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  4. #4
    Veteran Member Ronnel's Avatar
    Hi Spangle,

    If you have read through some post here I'm sure that you will notice that almost all of us stay away from automatic trading. Not because we truly hate them but because none of us have encountered a real profitable automatic trading system that works. Most of us prefer manual trading because if backed up with education and experience our success rate goes higher. Many of us also tried searching for easier ways to trade but in the end we go down to the basic (which is manual trading). I myself have been offered to test several auto-trading system and have beaten them everytime and anytime... and my trading experience and education is still very limited compared to the pros here like willyw, Okane, Milos, Michael, Bogdan, etc. Just imagine that if a newbie like myself can beat their system, the pros here will totally smoke them. My humble suggestion is for you to start learning how to trade for yourself. Follow the pros here and learn from them. They may be tough from time to time but they are well skilled and without BS. Take it slow but study hard and soon you'll be beating all the automated system that you may come across in the future

    Wishing you a good trading 2016.

  5. #5
    Veteran Member randy1953's Avatar
    This is very simple and I can't believe that even new traders keep falling for these scams.
    Here's the simple fact in BO trading you are trading against the broker just like a casino.
    When you win you are taking money from the broker
    So no broker would ever let you use any kind of device that would give you that kind of winrate.
    the broker would be cutting his own throat.
    end of story..almost

    Now because of the above facts which is all true the brokers love the traders to use these robots because it's easy money the brokers know you will lose your whole account with these robots simply because the robots have been designed to lose your account hence you can use them for "free'. Far from being free they are the worst enemy to your account that you will ever have.

  6. #6
    Rookie Member Spangle's Avatar
    Thankyou to all who answered my question.
    I appreciate your advise and would love to be able to go right ahead and follow it with some manual trading.
    Unfortunately, I still have (and need) the day job so I'm in a Catch-22 position: I need the income from my day job so cannot afford the time away to learn how to generate a new income stream from BO trading.
    Hey ho! Life would be boring if it was easy!
    My thanks again.

  7. #7
    Legendry Member Okane's Avatar
    If you don't have the time right now, just stick to your job.
    Trading is a business. You are never going to find some autotrader that
    you can turn on and go have coffee, then come back and collect thousands.
    Maybe start by reading some articles on weekends to first have an understanding
    and then we'll see where it takes you. Sometimes you don't need more than an hour to do a trade.
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  8. #8
    Senior Member DaVychi's Avatar
    Yes Okane,trading is work and that's hard work asking lots experience and patience...

  9. #9
    Moderator Kolyo's Avatar
    Quote Originally Posted by Okane View Post
    If you don't have the time right now, just stick to your job.
    Trading is a business. You are never going to find some autotrader that
    you can turn on and go have coffee, then come back and collect thousands.
    Maybe start by reading some articles on weekends to first have an understanding
    and then we'll see where it takes you. Sometimes you don't need more than an hour to do a trade.
    This is the best advise that can be said here! Thank you Okane
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  10. #10
    Veteran Member randy1953's Avatar
    Quote Originally Posted by DaVychi View Post
    Yes Okane,trading is work and that's hard work asking lots experience and patience...
    Here is the way I trade in case anyone wants to know..I don't know if there is a name for this kind of trading.

    I spend a lot of my time trading and researching but I never found trading to be hard or hard work maybe because I enjoy it.
    I tend to trade different than most traders not better but different. For me trading is just like treasure hunting. I don't do a lot of trades these days maybe 6 trades max in a day where before I would have at least 30 trades going on in short term trading. However I found my niche and so far it has worked out wonderful for me.
    How I trade is this I research the market and I look for certain kinds of extreme price moves that happen now and then but do happen daily.
    When I find these extremes I test them and find the ones that will almost win every time. I then trade only those and with much larger amounts than what I use to trade because of such a high % ITM. So in many ways it's like treasure hunting you find the places where the price is normally not suppose to be nor can the price survive long there and just make my trade in the opposite direction.

    It's really pretty stress free because when I do find these unique set ups I know almost for sure I will win those trades. Now rarely something will happen and I will lose a trade but it happens so rarely that it's really not a issue for me.
    Last edited by randy1953; 03-06-2016 at 11:09 PM.
    “Never tell the truth to people who are not worthy of it.”
    Mark Twain

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