Insured Trading is the slimiest offer of 2016!! Don't waste one minute further with this decrepit piece of crap auto trader. Read further for alternatives! If you are tired of the daily grind working for an employer, you have no doubt started looking at binary trading as a way to start building a new income stream. One of the companies out there, Insured Trading, is claiming that it can help you fast. However, you are probably wondering whether or not this is a legitimate offer, unless you already got the hint.
Insured Trading Scam La-la Land
Well, when you compare this to the real world, it seems pretty obvious. But, first of all, let's discuss binary options trading in general. As a source of income and potential for making money, it is legit. However, this does not mean that all of the people and programs out there have your best interests at heart. Hence, you get Insured Trading and similar slimy scammy offers landing on your desktop.
However, you need to realize that what they are selling is not the same thing as what happens in the real world of trading with binary options. In fact, if you look at the small print, you will see that there are no guarantees and that the claims of perfection do not have any true backup for them.
The main claim to fame for Insured Trading is that they say they are able to open a counter trade in the opposite direction of the first mere milliseconds after their super clever software realizes that it made a mistake. Here's exactly what they have to say about it:
Okay, so they say their Insured Trading system enters a trade, and let's say the expiry of that trade is 30 minutes away. Then, according to their story, their software waits until the last “1 millionth of a second before your final auto trade expires” and if it detects a risk, it places another trade in the opposite direction.
So let's think about that for a minute. Your trade has already been active for the last 30 minutes (in this example, any other time frame would result in the same type of outcome anyways) – and if things aren't going your way, it enters another trade. Now that new trade in the opposite direction is also going to run for 30 minutes (or whatever time frame). There is NO guarantee that it will win! There is no instant swap out of trades, it is simply two trades placed one after the other in opposite directions. When you try to enter a trade “1 millionth of a second” before the current expiry, your trade will typically be bumped to the NEXT expiry, which will be another 30 minutes (or whatever) away, or it will be ignored!
How It Actually Works
What this guy from Insured Trading is hinting at here, is a well-known binary options trading strategy to get yourself out of a bad trade. What you do is to open a new trade in the opposite direction of your current trade. However, you ONLY do that when the market moves back to your original entry point, or close to it, and you do it before entries for the current expiry gets locked up. Then you enter the new trade for the same expiry, so that both end at the same time. Even then, because binary options trades typically pay out 85% of your initial investment on top of the money you used to enter the trade, you will never break even on a trade like this. The reason to enter a trade like this is to limit your loss to 15% of your initial trade risk, instead of losing the whole amount.
When the guy from Insured Trading tells you that this is how they can ensure that you will never lose a trade, they're flat-out lying to you!
Binary trading can be a worthwhile investment of your time and money. However, you need to learn how to do it right. There are no ways that you can just blink your eyes and have money sixty seconds later the way their ad claims. That is simply not realistic.
Now, sure, you can have passive streams of income where money rolls in while you are doing other things. However, the message in their video is very misleading. It is not as though their software can just make you a millionaire that fast.
The guy in the video claims to have a half a billion dollars yet is unrecognizable and certainly not on any of the well known lists associated with the richest people in the world. In fact, he looks and sounds like a sleazy $5 actor who got paid to play like a millionaire. Don't you agree?
Listen to the words he says and the pictures presented, it is clearly not a legit offer. Now, that already shows deception that should make any buyer beware. After all, if they chose a guy like this to represent them, what does that say about the product?
The offer uses lots pressure techniques that tell you you have to start now or you might miss out. Seriously? Why would a multi-millionaire give out a time sensitive offer to random strangers regarding a top secret way to make untold amounts of cash? Just think about that for a minute.
This entire Insured Trading program reeks of scam. If you want to trade in binary options, great, but don't start off with this offer, it will get you nowhere and clear out your account fast! Unless you want to throw away your money and never see it again, don't use Insured Trading as your software source.
You will find that there are some very good software programs out there that can help you find success in trading binary options. However, you will need to make sure that you choose a legitimate one. If something seems too good to be true, such as this Insured Outcome system, it probably is.
Although the ads claim that it is right practically all of the time, making your risk much smaller, that is simply not true. This is their “Insured Outcome” part of the deal. Those empty words should not fool you! The free trial and potential for $750 an hour return on your investment is all marketing candy to get you to hand over your credit card information and to be duped by this scam.
Insured Trading should not leave you wondering if it is a scam or not, in fact, you should not waste one minute further with this decrepit piece of crap auto trader. Find legitimate trading options that tells you the truth about what you can expect from using it. Do not allow yourself to be duped by Insured Trading. Let your friends and family know as well.
There is money to be made in the world of binary options. Take advantage of it and get out of your 9-to-5 job. However, do it the smart way! Rather than depending on scams like Insured Trading, find a proven binary options bot alternative that has a great track record for trading in binary options and learn from them!