Estimated reading time: 6 minutes
Are you adamant to know about the latest automated scam systems?
Are you yearning to figure out the truth?
If yes then we are out there to help you out. The biggest and most bitter truth about binary options trading is that most of the systems are a scam. Thus, it becomes a challenge to discriminate between the scam systems and the genuine systems. Now there has been another addition to the scam systems list.
Note: There’s a perfect alternative to this Profits Today Scam which is the binary options robot.
Well, the name that adds up to the list is Profits today. This scam has one goal, and that is to extract your money. Thus, you need to be aware of this scam to save your interests. For more details go through the complete product review. The man behind this scam is Matt Baker and has a lot of positive things to say about his system.
The first impression Of Profits Today is bad
Now when the investor opens up the website he draws a negative impression. There are a validity date and time. Now if the system is genuine, these gimmicks will not be needed in the first place.
The interesting part is that the investor will see the same message even if he decides to open up the website the other day as well. Now by pressurizing the trader it becomes much easier to overpower the decision-making skills of the trader, and this is what the maker is trying to do.
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Now the maker tries to convince the potential investor by the example of other people. It does not make a difference what others are earning. What is important is what the investor earns. Now Profits Today wants the user to start up with a balance of $250. For a new investor, even this is a fairly big amount that just cannot be put on the line at all. The sales video is just trying to show the balances of different people that does not lead the trader to reach any positive conclusion.
The Profits Today website is not organized
A professional looking website has a professional look. There are well-organized widgets on the home page, but Profits Today lacks all these elements and makes this website less desirable for the trader.
There is no proper about us page that will give a proper insight to the user about the person who created Profits Today. There is no proper help page or support page. When the user clicks on the support section, he can only send an email through outlook, and that is truly not enough. Therefore, if a trader has any questions, then he will not be able to get the answers to those questions on time.
When the trader does not have proper insight into a system, then it becomes pretty troublesome to trust such a system. Now if a demo is available, this also inculcates trust in the mind of the traders that they are not opting for a scam, and the system is real. However, Profits Today fails to live up to the expectations of the trader and turns out to be a big disappointment.
The live profit counter displayed on Profits Today website is fake
Now there is a counter on the website that increases in number with every split second. This live counter shows the profits that the users are earning. The real profit ratio can only be ascertained when the trader tries the system on his own. The Profits Today live profit counter fails to prove any point at all.
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What an investor looks for?
Now when a real investor explores auto trading systems, he wants to find out how the system will benefit him eventually. He is more interested in the algorithm that is used by the system. The investor is keen to learn about the features of the system.
Well, the Profits Today system fails to put an impression in this regard because it fails to offer useful information to the trader that is a dire need. When the investor’s requirements are met only then, he wants to take the next step with the system. The Profits Today system leaves the trader clueless with a lot of questions in the mind of the investor.
How to identify the scam?
Well, the minute the trader will set his eyes on Profits Today, the scam indicators will be quite evident. The Profits Today system does not offer any useful information in the sales video. The proper walkthrough of the system is also missing, so it becomes difficult for the trader to make up his mind about the system.
The trader cannot just give in his email address and jump blindly into the situation without knowing a thing about this Profits Today system. This makes Profits Today a very bad choice for new investors who do not have a lot of knowledge about binary options trading.
Is earning that easy with auto-pilot?
Profits Today work on auto-pilot. Now the big question is that can a system make money using auto-pilot. Well, the answer is that this is only possible when the system is highly sophisticated, and that is a rare happening.
Usually, these free systems are just a product scam. Now why most traders opt for auto trading is that they live in the perception that earning money through auto trading is easy by that is not the truth.
There is only one sure shot formula to trading success, and that is manual trading. When an investor starts his career with manual trading, then he gets the opportunity to know the truth about trading. Manual trading gives an opportunity to the trader to develop his strategies and polish the core concepts.
A bot can never work better than a human mind, and this is something that most traders fail to understand, and that is why they end up losing money while trading binary options.
Does education matter in binary options trading?
Yes, it does and if systems like Profits Today are trying to deceive the trader should not fall into this trap. Now the real truth is that investors that lack knowledge about binary options trading are more vulnerable to losses, and they can end up losing their money easily. Well, a trader needs to watch out.
Usually, the experienced traders evaluate all pros and cons before signing up with a system so the scam systems never want the qualified traders to be their potential clientele because they know that fooling such experienced people will not be an easy task.
The final verdict about Profits Today is that it is just waste of time and money. It is just another trap set up to lure the new traders to investing money in scam systems. If you are want a better solution, there’s a several types of binary options signal services.
Just think realistically that if auto trading can bring in so much success it will become useless for traders to strive for years together and learn manual trading.
It is always better to invest time in learning trading then to opt for shortcuts. These automated systems can have a negative impact on the psyche of the trader as well. When the trader loses money, they will just get the feel that their effort did not pay them off, and that is not a good feeling for any potential trader.
Hope this product review has been able to give valuable insight to the traders. The prime objective of this review is to open up the truth so that the trader can make his mind about opting for the system in the light of facts.