The Marvins Secrets scam system by not-the-actor Tom Cruz, claims to be able to help you if you have lost money trading Binary Options. Is that true? We're told by Tom Cruz that he is making money by applying a simple 5 minute magic trick. This simple solution to all his trading troubles was revealed to him by a guy named Marvin. That's where the curious Marvins Secrets name came from. I could actually just stop right there and tell you to not sign up for the Marvins Secrets scam, but that would be boring, so let's look at this a bit deeper.
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Marvins Secrets Review Summary
- Annoying Browser Pop-Ups: No
- Fake Scarcity Counter: No
- Paid Actor Testimonials: Yes
- Impossible Revenue Gains: Yes
- Comes Across As Authentic: No
- Convincing Proof of Profits: No
- Possibility of Being a Scam: 90%
- Price: Free. Have to sign up with one of their brokers.
- Available In: Australia, Canada, Ireland, New Zealand, South Africa, United Kingdom, United States
So one of the big claims they make in Marvins Secrets method is that you can make a ton of money, even if they win rate is only 60%. How accurate is that? Well, I can tell you that you can definitely make money with Binary Options, even if your ITM rate is only 60%. You won't be making a lot of money at that rate though, and this is where the Marvins Secrets scam is misleading you.
If you start off with a $250 account at your Binary Options broker, and you do 4 trades per day, and you stick to accepted money managing rules by only using 5% of your account, you would likely end up with a grand profit of $88 the first month. It's clear that Marvins Secrets scam was dishonest, their video claimed you could make a whole lot more than that.
I want to encourage you to download this Excel file, it will allow you to easily calculate how much money you can make with Marvins Secrets scam system. Try to get to the figures they mention in the video by using their own parameters of doing 1 to 3 trades per day, averaging a win rate of 60-65% and starting with only $250.
Consider this as my gift to you: http://easytradingsignals.com/freebies/Binary-Options-Win-Ratio-Results.xlsx
You can open it up in Excel, and then follow along. Alright, so I hope you got the spreadsheet? You might need to select the option to allow editing, you'll see what I mean when you open the file. It's just saying that because you downloaded it from the internet, but it's safe, promise.
Edit the values to look like this:
That way we've got exactly what they said in the Marvins Secrets scam video, $250 account size with an average win ratio of 60-65% and doing 1-3 trades a day. You'll see I took the maximum values here. OK, so now that you've got all that set up, your spreadsheet should look like this:
That might be a little fuzzy, but you should see it fine in your own sheet. What it's telling you is that you will have a monthly profit of $122 in the first month. Granted, if you keep at it, eventually you will see a profit of $3,000 per month, but that's only once you start trading with $250 per trade. In other words, what the Marvins Secrets scam is telling you about how much money you can make with a 65% win rate is simply not true.
Marvins Secrets Scam Conclusion
Maybe the title of the conclusion gave it away? I'm not saying that Marvins system will not be able to produce a 60-65% win rate, there's a good chance that it will be able to achieve that. I'm calling Marvins Secrets a scam because of how they are misleading you with regards to how much money you can make with such a win rate.
Now, do yourself a favor and plug in these values into that spreadsheet:
Why am I saying you should put in an 80% win ratio? Well, because of this:
Those are the win rates of the top admin traders in a private group, and it's not just a once-off occurrence either. You can read the full review here: Mike's Facebook Group
Here are a couple of additional screen captures I took today, and if you read my review you will see there are many more like this:
and another one:
By following the trading signals provided by these top traders, your spreadsheet will look like this:
Compare these results to what Marvins Secrets are offering and you can see why I do not recommend that you fund your account through the Marvins Secrets scam site. Think about it. You really owe it to yourself to check out some better alternatives.