Quantum Code: Fool's Gold Targeting Newbie Traders
Is Quantum Code a Scam or Everything That You Could Ever Want?
This is the first warning sign of a Quantum Code scam, when you go to their website a video immediately queues and it shows mansions, jewelry, cash, private planes, yachts and sports cars. All of these things are shown to lure you into the idea that this system is credible and that it will make you a lot of money in a short time. Then Michael Crawford shows up in front of his private jet and tells us he is the CEO of the Quantum Code. He calls himself the “nice millionaire” all as an act to build social proof as someone who wants to make us rich. Don’t believe him, Quantum Code scam is awful and will not make you a millionaire.
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Quantum Code Review Summary
Annoying Browser Pop-Ups: Yes
Fake Scarcity Counter: Yes
Paid Actor Testimonials: Yes
Impossible Revenue Gains: Yes
Comes Across As Authentic: No
Convincing Proof of Profits: No
Possibility of Being Bogus: 97%
Price: Free. Have to sign up with one of their brokers.
Auto-trading: Yes, full auto-trading
Available In: Australia, Canada, Ireland, New Zealand, South Africa, United Kingdom, United States
Quantum Code Is Fool’s Gold
Trading with an algorithm is basically the norm these days, and there are a number of companies that have made it possible for almost anyone to develop such algorithmic trading systems for trading. A binary options auto-trading system like Quantum Code also works by using an algorithm to determine if the market is most likely to move up or down in the near future. By automating the trading process, such systems should make it safer for you to trade instead of making emotional based trading decisions. This is why auto-trading binary options systems are so popular.
There is definitely no problem with the basic concept, but the crazy claims made by this particular system is ludicrous! The Quantum Code scam claims to have made its owner, Michael Crawford over $44 million, and that is total bogus! The math and logic of Quantum Core just do not hold up to any analytical or logical criticism. It is the ultimate example of fool’s gold presented as a magic trading system.
The Quantum Code Scam Gives Auto-Traders a Bad Name
There are some great proven auto-trading systems and awesome brokers like Nadex who are exchanged ran, US operated and owned, and regulated by several financial bodies, but Quantum Code is not part of this list of respected companies. There are also numerous regulated binary options brokers for non-US traders and even some non-regulated brokers that are widely trusted and respected. The problem is that often auto-trading systems like the Quantum Code scam promises untold riches and visions of becoming a millionaire overnight.
The Quantum Code scam is an awful system, please do not believe anything that this system or Michael Crawford is telling you, because you cannot trust a system like this with outlandish claims. Binary options is a great way to simplify trading, and the fact that it reduces all of the complex trading decisions down to a simple up or down choice makes it a great way to get into trading. However, do not be fooled, it still takes skill to become a great trader no matter what trading style or instrument you prefer.
Is the Quantum Code Really Free?
We get asked this type of question so often with almost every new system, but I want to make it clear so that everyone understands. Most of these systems are free, in the sense that you do not have to pay a subscription fee to receive trading signals. There are other binary options trading systems and programs that require you to pay a monthly fee, but in all cases, you need to fund your broker account that is synced up to the software in order to trade.
The broker account is created directly with the broker, even though most software systems will make it easier to access the broker's sign-up page by embedding or linking it inside a window for you. The key is to always make sure that your email and password are exactly the same for both the auto-trader and the broker. The automated process most systems guide you through should make this easy all fool-proof and quick.
Most broker accounts require that you invest at least $250 into your trading account, and the key here is to always follow the golden rule of not trading with money that you cannot afford to lose. You should always trade to win, but not out of desperation, since being desperate leads to panicked and fear-stricken decisions that never work out well.
You Still Need Trading Skills To Truly Trade at Your Best
There are lots of products on the market that claim you do not need any skill whatsoever to succeed, from no-skill vegetable gardens (tried that), to do-it-yourself furniture with supposedly no skill required, and then of course trading tools too. All of these allow you to have a degree of success with no skill, but the point is that if you have at least some skill, it just makes you so much more successful!
It doesn’t matter if it is the Stock Market, Futures, Forex or Binary Options, the best traders are the ones who have the most skills. What are the skills that you need? You first need the right psychological skills: Mental discipline, patience, the ability to handle failure and high stress, the ability to stick to your strategy and perseverance. You next need hard skills: you need to know how to read price action, you need to learn technical and fundamental analysis, and the ability to apply these skills to trading binary options or any other market that interests you.
Learn the fundamental skills, put in the necessary work, be patient, become mentally tough but most importantly do not use the Quantum Code scam or any supposedly “magical” systems that claim to be able to make you a millionaire in a month. Take a look at the long list of binary options trading scam systems that we list on our site, it might just save you from making a bad decision.
Quantum Code Scam Conclusion
By now I truly hope that it is abundantly clear that I strongly suggest that you avoid the Quantum Code system, there are much better binary options trading systems available that have been tested. Some of them might still have somewhat exaggerated marketing claims, but the feedback we have received about these top auto-trading systems have been positive, which is not something I can say of the Quantum system.
Also if you mess up and pick a crappy system, or maybe choose a great system that just doesn't get the job done for you, we've got you covered with our “ETS Satisfaction Guarantee”. To find out more, click on the badge underneath.