18th Feb 2015, 11:23 AM | #1 |
MarkCharles War Room Member Join Date: 2010 Location: London
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Thanks for stopping by to check out my Big Profit Generator review! I've been taking a closer look at this new system to find out whether it can really help you make money and now I'm ready to share all the details with you. First things first - Click here to see my no.1 recommended system for making money So what is the Big Profit Generator system all about? Well it's no surprise that this system is yet another binary options one. I've been writing reviews of products for a while now and over the past 18 months or so literally 90% of the products I review are binary. This system is yet another in a long line of systems that have launched claiming that people can make $1000's at the push of a button from trading binary options but in my time testing various systems I've yet to make a dime with any of them. In case you haven't heard about binaries before let me quickly explain what they are. To trade binary options you first have to sign up at a broker. Once you do this you will be able to trade a number of options. The options are usually well known companies such as Apple and IBM and also big currency pairs like the EUR/USD. When you place a trade you are essentially betting on whether you believe the option will go up or down within a certain time frame. So you could place a CALL trade on EUR/USD with a 60 second expiry time. This means that you are betting the EUR will go up in value over the USD within the next 60 seconds and if you are correct you will win the trade. When you win you'll get back the money you bet plus an additional 70-90% usually. So if you were to place a trade with $100 and you won, you would get back $170-$190. One of the things you must understand about binary options is that you are not actually investing money. When you place trades you never hold any currency or any stock of a company, you are literally betting on the direction. So is Big Profit Generator legit? In my opinion no it is not. And let me share my reasoning why. Firstly this is a binary options system and my experience tells me that they are a waste of time. After reviewing well over 100 in the past year or so I haven't seen a single one make money. I don't like to automatically judge a binary options system just because of the negative experience I've had with them, so I always research new systems to see whether they are different to the last and can be trusted. What I found with Big Profit Generator was clear evidence that you shouldn't trust them. It wasn't hard to see that the Big Profit Generator website was registered just 2 months ago. A quick WHOIS search brought up this information for me. So if the website was registered just 2 months ago why are there testimonials on the sales page from people who claim to have been using this system since June, September and March of 2014? Okay I guess they could have known the creator and got access to the trading system before it was released to the general public however I personally doubt that very much. So what's the truth? In my experience and opinion I believe that this is another binary system created to make money from broker referral commissions. You see, to use this app you need to sign up to the binary broker that they recommend and when this happens the creators of the system will be paid an affiliate commission for referring you. That's why they can let you use the software for "free" because even though you don't have to buy it, they make money anyway once you deposit money at the broker. Now here's the interesting part, the reason brokers can pay these big referral commissions is because similar to online casinos they know that statistically you're very likely to lose your money! When you lose money, the binary broker makes money. Big Profit Generator: My Conclusion I personally won't be recommending this system to you as I don't believe you'll make money with it. If you would like to test it out you are welcome to do so. A couple of tips to safeguard yourself from losing money: 1) Don't accept any deposit bonuses and 2) Ask your account manager for a demo trading account. This means you can test this system out on fake money and not lose your real money. If you want to make money online I personally recommend you learn more about internet marketing. After all the creators of this system are not traders, they are internet marketers making money from binary options referral commissions. Thanks for stopping by, I hope you found this thread useful |
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19th Feb 2015, 05:32 AM | #2 |
MarkCharles War Room Member Join Date: 2010 Location: London
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If you have experience with big profit generator please feel free to share by commenting on this thread. The more comments we can get from real users the more useful this thread will become for people looking at this new system. Thanks! |
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12th Jun 2016, 05:27 AM | #4 |
Warrior Member Join Date: 2016
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No bots or indicators are as good as humans.
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