Name: Auto Binary Signals
Owner: Roger Pierce
Overall Rating: 1/5 stars
Are you ready to make weekly profits of $59,177.10? Just that figure alone will automatically turn on the skeptical switch, which is why you are on this review.
So, let me give you a quick run down on how binary systems work, then we’ll get started. Are you seated comfortably? Good. Okay, here it is.
Okay, so that is not entirely true, some systems do in fact work and could potentially bring you extra cash. That being said, should you trust 90% of them?
The Truth Hidden In Lies
So, let’s start out with what, exactly, binary trades are. Well, in a sense, it is the buying, selling, trading of online stocks. Think of it like a market that exist only online.
Instead of having to get into your car and drive down town and stand in a crowded room full of screaming people all wanting the same thing, all you have to do is stay in the comfort of your own home and with the click of a button you are on your way to buying, selling, and trading with the best of them.
So, what is the downside of this?
Well, the main downside of Binary Trading is that all too often, you have little to no control of your accounts and money. You will pay $200 just for a deposit, only to have someone else handle your funds while you sit back and hope and pray that you will get a nice return.
And it doesn’t always work out that way.
Sadly, more often than not, you are giving your money over to a young kid in a suit who doesn’t really know much more about stocks and trading than you do. He was just smart enough to get your cash.
Who Are We Dealing With?
Now, with Roger Pierce, there does seem to be an exception. He claims to have the experience you would look for in a mentor and has gone through not only extensive training, but has experienced both sides of the market for himself.
If you actually follow his story, he went from rags to riches to rags again and back. This man has seen the war of binary trading from the front lines and if anyone knows how to dodge a bullet, it’s him.
But who is he, exactly?
Well, it is hard to say, with not much information online, you just have to take the man’s word for it, which is all well and good, but we are talking about your hard-earned cash here. I, personally wouldn’t mind a picture at least.
What Are We Dealing With?
Like most online trading, you will receive mountains of extensive training manuals and videos to help you along you way.
There is nothing to download, so there is no need to worry about any spyware or viruses. Everything is continently located in your browser at the point of purchase.
You will get 24/7 signals on all major stocks and trades and will always have the latest information. It prides itself on having no complex charts or codes or secrets that can take years to master.
There is a risk/reward system attached that promises to find the best deal for your investment even going so far as to offer a 60-day money back guarantee.
But, is it worth it?
Name: Auto Binary Signals
Owner: Roger Pierce
Overall Rating: Not recommended
There are hundreds upon hundreds of these programs out there that all target the binary options market.
I have done my share of trading and have tried many bots, mentors, and live trading groups. I have come to the conclusion that these programs are nothing but hype and in the end, it is nothing but a big gamble.
They’ll give you every excuse in the book as to why you lost a trade, but in reality, it’s all in the flip of a coin. Not to mention that these shady brokers will pull the rug right from under you.
The key To Trading
The real secret is, don’t expect someone else to know what is best for you. A mentor is one thing, and, if trusted is worth the investment, but an online and frankly unknown source does not seem like it would be exactly the safest way to spend your cash.
Doing a bit of research, you may find quit a few testimonies and reviews on how great this system is.
That is all fine and good until you start to realize how easily testimonies can be faked.
Roger Pierce seems to be a nice enough fellow with a rocky backstory that has lead him to where he is today (a mansion, in case you were wondering where it was exactly that he is), but, personally, giving my money over to someone whom I do not know or trust just seems a bit risky.
Absolutely anyone can give a convincing story with a fine British accent and explain how they were once on top of their game until they fell and learned the hard way how to make money. And, on the same note, absolutely anyone can claim that for a small fee, they wish to pass that knowledge on to you.
But ask yourself why?
Getting into stocks and trades and binary options is fine. Hiring a mentor is fine.
But, please, do some research.
Do not take the owner of the site and blind testimonies at face value. All too often, people will fall for this scam and be lost is a world of online money that they know little to nothing about.
By all means, take the time to get to really know someone established in the industry, but by no means should you choose so blindly. Take your time before you take a chance.
In the world we live in, a man like Roger Pierce could easily take advantage of someone without experience. And, with little information on the man, perhaps you should consider a safer bet.
Sites like Wealthy Affiliate which offers not just a way to work from home, but valuable information, regardless of your interest, are definitely worth a second look. No matter how many money back promises are made, it’s always easier to keep your money than to spend it and hope that you get it back.
There is no better judge of your income than you. No matter how golden the road, there are always pot holes. You are the key to your own success. Do not be so eager to hand that key to someone else only to have them unlock dangerous doorways.
Thank you, and happy trading!