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Software binary profit machine

Published on April 24th, 2014 | by John Kane

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Binary Profit Machine

binary profit machineBinary profit machine is a new binary options trading method by Dan Weaver, a 60-year-old scalper who claims to provide a 93% win rate with zero indicators. In a six-year period of development and research this system aims to generate thousands of a single trade.

Today I’ll be providing a review on the system and letting the binary today readers understand ins and outs of this new trading method.

Binary Profit Machine Review

The binary profit machine method uses a signal software that provides traders with entries and exits for trades. The system is based on price action techniques which have been around for years and years.

Despite looking like a product or software for sale after spending more time on the binary profit machine website you will find that it takes you to a free members area. In this members area the goal of the developer is to have you sign up with the market options binary brokerage. After this you are walked through a strategy where you are told to trade with the trend using short-term signals.

The strategy for the binary profit machine is to open a put trade and if you when you repeat that step, if not you go to step three and select another put trade but this time for double the amount of the first trade. This is basically an extremely simple martingale method of trading that can really burn you and I don’t recommended at all. 60 second signals are basically luck and this strategy is like making multiple double or nothing bets when you lose. The entire premise of the strategy is to play the odds. Eventually if you make enough trades and continually raise the amount when you lose you will eventually hit a win. This is all well and good until you go on a large losing streak, this is not trading this is gambling.

Conclusion

I do not recommend the binary profit machine. The strategy is very simple and the entire premise of the system has nothing to do with price action or any of their claims on the sales page. It is a simple martingale manual strategy that in this case is a roll of the dice.

If you something you would like to contribute to this review please leave your comments below. I appreciate hearing what you have to say about the binary profit machine.

 

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


3 Responses to Binary Profit Machine

  1. Agada Ade Friday says:

    How can someone pay the deposit or claim his gains?

  2. Amos says:

    how do i make money?

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