But as I stated numerous times already, some SSPs are bad for your wallet, either because they are straight up scams or because they are not as experienced as they would want you to believe. There are a lot of different types of signal service providers.

Things like newsletters, blogs and forums are great. These are a basic form of SSP, usually free and offer a wealth of knowledge and experience for traders to take advantage of. I read several different newsletters each week as part of my routine. A step up from newsletters is the dedicated signal providers. These guys, some free some not but all with a cost, in the end, provide signals you are intended to follow. Some make it easy with auto-trading, others force you to keep up with them on your own.

Still, others install software on your computer that tracks the markets and can even make trading decisions for you. If you sign to a manual signal service, make sure you are in front of your computer, ready to put on trades when you receive a signal. When a service asks you for money, a credit card number or even just your basic personal information you need to take a step back and decide if it is really worth it. Free Signal services are one thing. You can take it or leave it as you want with no worries … almost no worries, but more on that later.

When you pay for a service there is a higher expectation of profits. If you choose to use a paid service be sure to pick a trusted source. There are a lot of chances to get scammed on the internet, especially with binary options.

Getting scammed sucks. You need to know what the motives are that drive the website. And you need to be aware of another thing too: some paid signal services offer you a free trial.

Being free, it costs 0. So the advice is: if you subscribe to a free trial for signal service, make sure you cancel the subscription once the trial period is over. Auto trading is an attractive feature of some Signal Providers and robots Auto trading is an attractive feature of some Signal Providers and robots are an extension of this.

The scary thing is that you have to download software onto your computer. The software will take control of your trading account and enter trades based on signals provided by the parent company. This is completely nuts to me. Robots and auto-traders only increase your risk in my opinion. You have all the risk of trading plus you are letting someone else make your trading decisions.

At least not one that I know of. Learn to trade for yourself. Binary options are a speculative instrument, if you want to get involved you need to do it yourself. Take the time to learn about trading, the markets, and the economy and you will also learn something about yourself.

Ultimately you are your best signal provider but to become that, you need to learn first. Overall, Binary Options Signal service providers are not all bad. Some are truly in the business of helping traders.

Signals are generated for forex binary options and 60 second trading. The forex sessions are all equal to the daily session for the Japanese market, Australian market, U. market and so forth. The 60 Second trading sessions are all 30 minutes long and are tailored to suit each market.

com trades on only 6 currency pairs. Signals are issued in a format telling you to buy a call or a put and at what price to target. There are some good points to this SSP that I would like to point out. The Skype interface is pretty cool. This is a great use of the service and provides a valid source of real time signals, provided there are no connection issues. You can test this out by signing up for the free 3-day trial. This however is when the good points begin to fade away and I have to call BS on the whole thing.

You know what that means? A big fat affiliate marketing scheme. As for bad, I do not think very highly of 60 second trading. The time frame is just to short to be truly predictable. The reason binary options brokers like to promote this form of trading is because they make a lot of money off of it.

Adding to that is the lag time involved with accepting someone else signals. Sounds a bit like a mob boss…. not a great start…. You can be a completely new trader to join and succeed with the service!

There is a free trial option at the bottom of that sales page. The vast majority are extremely positive. Binary options are weird. Barely anyone that I know trades them. The concept of a binary option is relatively simple: If you win then you get a fixed amount of money and if you lose you get ZERO!

Like a coin toss. There are advanced strategies that you can use to make sure that you are consistently profitable. This is where BOTS live trading room comes in.

A Binary option is a very short-term option contracts, like minutes or hours. Basically, you are trying to predict how the market will go above or below the current level.

If you are right you win. If not then you lose. So, it is basically trend guessing. The problem is that house has the edge — very similar to gambling. This makes Binary options trading extremely difficult to trade profitably over the longer-term. You need every edge than you can get! This is where an expert, like Franco, can help you. Basically, the BOTs service allows you to listen and watch an expert trader Franco in real-time.

When he makes trades, you make the same trades. Binary options are notoriously difficult to master, but the profits can be worth it. If you try to make money as a new binary trader, you will most likely lose your entire account.

Having a mentor is essential. However, the binary options trading world is notorious for being riddled with scam brokers and gurus that promise to show you how to make millions of dollars. The BOTs chatroom is professionally run and has become a hub for Forex traders traders as well as options traders. The chatroom is packed with traders that have been trading for decades! He gives you access to the chatroom for a day to watch his trades and all the members trading commentary.

This is reassuring because you can witness what goes on and how people are doing with their day trades. Is it proof that it will work for you?

Well, no. The free session is just for a single day and you do have to input payment info. You can do PayPal or credit card. I can show you how to do this in less than 90 seconds! His favorite time frames are 60 secs, 2 mins and 5 mins. Franco trades between AM to AM Eastern Standard Time from Monday to Friday. So, you need to be available to be in the BOTS live trading room during those times.

All the charting in the live trading room is done with professional software.

Posted by: Wesley Nolan on December 30, Under: Millionaire Stock Traders. Options trading is hard. It can be so lucrative, but it is hard to learn and hard to become profitable.

If you are new to options trading, having someone hold your hand through the learning curve is a game changer. Disclosure: There are some affiliate links below, but these are all products I highly recommend. Affiliate links mean that I might receive commission for anything that you purchase after clicking through any of my links.

Check out our Facebook group full of customers to various stock alerts services — get REAL opinions on services from REAL people! Click here to learn more! You can choose to learn options trading by joining an alerts service I highly recommend this options alerts service or by teaching yourself.

What you get with Binary Options Trading Signals is a live chatroom. All you have to do is login and copy the trades! The guy that runs the Binary Options Trading Signals service is called Franco. Sounds a bit like a mob boss…. not a great start…. You can be a completely new trader to join and succeed with the service! There is a free trial option at the bottom of that sales page. The vast majority are extremely positive. Binary options are weird. Barely anyone that I know trades them.

The concept of a binary option is relatively simple: If you win then you get a fixed amount of money and if you lose you get ZERO! Like a coin toss. There are advanced strategies that you can use to make sure that you are consistently profitable. This is where BOTS live trading room comes in. A Binary option is a very short-term option contracts, like minutes or hours.

Basically, you are trying to predict how the market will go above or below the current level. If you are right you win. If not then you lose. So, it is basically trend guessing. The problem is that house has the edge — very similar to gambling. This makes Binary options trading extremely difficult to trade profitably over the longer-term. You need every edge than you can get! This is where an expert, like Franco, can help you.

Basically, the BOTs service allows you to listen and watch an expert trader Franco in real-time. When he makes trades, you make the same trades. Binary options are notoriously difficult to master, but the profits can be worth it. If you try to make money as a new binary trader, you will most likely lose your entire account.

Having a mentor is essential. However, the binary options trading world is notorious for being riddled with scam brokers and gurus that promise to show you how to make millions of dollars. The BOTs chatroom is professionally run and has become a hub for Forex traders traders as well as options traders. The chatroom is packed with traders that have been trading for decades! He gives you access to the chatroom for a day to watch his trades and all the members trading commentary.

This is reassuring because you can witness what goes on and how people are doing with their day trades. Is it proof that it will work for you? Well, no. The free session is just for a single day and you do have to input payment info.

You can do PayPal or credit card. I can show you how to do this in less than 90 seconds! His favorite time frames are 60 secs, 2 mins and 5 mins. Franco trades between AM to AM Eastern Standard Time from Monday to Friday. So, you need to be available to be in the BOTS live trading room during those times. All the charting in the live trading room is done with professional software.

Franco uses some very common technical indicators like moving averages, price action and volume. He uses the US dollar momentum indicator as an indicator of market conditions. This helps him to time entries and exits. Franco sets up charts that are on 1min, 5min and 15min time frames. I would recommend that if you have a slow internet connection that you only take the trades that have expiration times of 2 minutes or longer. You can test shorter time frames without risking real money to see if it will work for you.

Most new traders can start to accurately replicate the Binary Option Trading signals that Franco alerts. This includes installing the same software that he uses on your computer so that you can get better entries into his trade alerts. Franco makes a couple of trades every day. That means that the vast majority of the trades that Franco makes are profitable. He makes a few hundred dollars per day with his strategy.

Some of the subscribers make a lot more because they trade with much larger position sizes. Many people are reporting that they are able to reach wins to losses on good days! Apparently, it is a way to minimize your losses by executing the next trade after you have had a loss, with DOUBLE the position size. The idea is that if that trade wins it will offset the previous loss. As a stock trader, this is something that goes against everything that I have ever been taught!

Perhaps it works well for binary options though. Franco apparently uses the Martingale Strategy successfully. I would be very wary of copying this until you are sure you know what you are doing! I wanted to give you an overview of my opinion on the BOTS live trading room to help you figure out if it might be for you.

Below you can see the pros and cons of the service. I believe that Franco runs a legit service. But, many people believe that the entire binary options trading signals and brokers are scams!

Here is a good video that gives the negative side of the binary options argument. I think that there are good people and bad people in this industry. I suspect that Franco is one of the good ones. It is sad that the bad apples can give an entire industry a bad name! Trading binary options is a very niche way to make money in the markets.

I hope that my BOTS live trading room review has helped give you an insight into what programs like this can do for you. I would highly recommend checking out the FREE TRIAL to the BOTS live trading room if you want to test the waters with binary options trading.

Sometimes, you pay for what you get! I hope that you found this Binary Options Trading Signals by Franco — Full Review useful! Have you read any other BOTS live trading room review? Let us know in the comments! The Opportunistic Trader Review. Kiana Danial Course Review. Kiana Danial Make Your Money Work for You Review.

Invest Diva Reddit Reviews. BULLSEYE TRADES: Check out my FAVORITE options alerts and education service review HERE! Disclaimer: StockMillionaires. com provides information about the stock market, investments, and recommendations to stock services. We not provide investment advice and should not be used as a replacement for investment advice from a qualified professional.

Invest and trade at your own risk. CLICK HERE t o learn more! Binary Options Trading Signals Review SCAM? Posted by: Wesley Nolan on December 30, Under: Millionaire Stock Traders Welcome to my Binary Options Trading Signals review! What is it? Is it a scam?

If the answer is NO, go back to school and learn more about it. All rights reserved. Before we go any further, I would like to make it clear: This is not a scam in any way. So, a Binary Option is a trade option in which you must be skilled at predicting how assets will move in the future to win with this type of trade. One of these factors is time.

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