- This topic has 0 odgovorov, 1 glas, and was last updated 5 months nazaj by Anonimnež.
2022-01-30 ob 16:36 #1793AnonimnežNedejavno
Pro Signal Robot Review : Prosignal software is allegedly the most profitable binary options robot .This software was allegedly developed by experienced traders. The prosignal robot is a Binary Options trading software that promises users to be the latest and greatest.
If you take a look, on the surface, at trading binary options through an OTC (over-the-counter) binary options broker, it would appear that you may be gambling. This is because, on the other side of each of your trades, is the broker.
They include the following: Currency pairs (EUR/USD, JPY/USD, AUD/USD, etc.). Cryptocurrencies (Bitcoin, ETH, Ripple, etc.). Commodities (Gold, Silver, Oil, etc.). Underlying assets are assets in the financial market. Or stocks listed on the stock market. Often, traders will choose the assets with a high profit rate.
The odds are in the broker’s favor. This means that you will have to risk $100 to make $80 and if you are right 50% of the time, you will have a negative expectancy. For example, in the language of most binary options brokers, you can make 80% return if you are right. This is because you can only be the buyer of the binary options. The broker, on the other hand, will have a positive expectancy. You can either buy a put or a call. If you win you will always profit less than what you risked.
As mentioned above, there is still no easy shortcut to binary options trading success – you will still need to learn the basics of this trading form and do lots of market research to make real money. That said, some new developments have appeared in the industry which might make it easier for you to make a living through binary options trading.
So, this is the truth behind the binary option business. There isn’t anything inherently wrong with this form of online trading (or, better said, betting), except that brokers are artificially hyped up and are dishonestly presented as something they’re not.
According to the information on their webpage, ‘ProSignalRobot is a very easy trading software. It is based on an advanced and very sophisticated algorithm that allows automated trading experience’.
What this means is that, Pro Signal Bot algorithm is constantly scanning for the market, and looking for good trading opportunities. Traders can sit and relax and watch the trades role, as long as they are online.
The casino always wins. Trading options with a system that has a positive expectancy. Playing the slot machines in a casino. This is clearly trading and not gambling as you will make money over time even though the outcome of any one trade is unknown. Trading stocks without a system that has a positive expectancy. So in this example, you can see that even though you are “trading” a financial instrument, what you are doing is still considered gambling. This is clearly gambling as the odds are in the favor of the slot machines over time. This is clearly gambling according to our 2 prong test above, as it is uncertain whether you will make money over time. If you play long enough you will always lose.
Candlestick charts are very important in trading because they not only serve as a means of price action representation, but they also give a visual representation of what traders are doing in the market.
At the same time, the patience factor is almost a requirement if you trade on financial markets. But if you don’t have enough patience, you won’t last long enough to see it. Opportunities will always come. Market routines always repeat.
We now have binary options robots as well, which purport to automate winning trades for users. Unfortunately, many of these bots are scams, which is why you would be better off avoiding them altogether (unless in cases where your broker is offering their own auto trading services).
Though the people behind this platform went all miles to make it appear legit, from our investigations we discovered things that don’t settle well with us about this Robot. Secondly, the information on their webpage is quite vague, not even a proof of trade performance to solidify their bogus claim. Firstly, the claim that the robot has a win rate of between 80 to 94% is quite outrageous because believe that there are no trading robots out there with this kind of win rate. Below are other reasons why we think Pro Signal Robot is a Scam;
The only way that you can make money over time when your reward is less than your risk is ONLY if you are able to develop a system of trading that increases the percentage of winning trades to a point at which you will have a positive expectancy.
If on the other hand, you can develop a system of trading that has a positive expectancy, then you are trading and what you are trading is a viable financial instrument. If there does not exist a system of trading that has a positive expectancy, then you are gambling and what you are trading is not a financial instrument. To address the issue as to whether binary options are gambling or trading, you have systematically look at each category of binary options and decide whether you can develop a system that has a positive expectancy or not.
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