Estimated reading time: 6 minutes
It is not an easy job to start earning with binary options right away. It is truly a challenging endeavor, but you need not worry anymore because now there is a way out. The array of hope is the new trading bot popularly known as the Super Simple Bot.
Well this bot is as good as the name suggests so you should not miss out on it at all. This bot works well for new traders who are not too skilled with binary option trading and need help with the job. If you want to gather more insight on the Super Simple Bot then go through the details in this review.
The following are the key features of Super Simple Bot.
Martingale: The margin of profit is greater with Martingale. With Martingale the trade amount will increase when the trader suffers a loss. However, if the trader wins, the trade amount will be the initial trading amount of the investor.
Fibonacci: Well the most accurate system is the Fibonacci. This trading system follows the rule that the trading amount increases after a loss and decreases after a win.
This trading robot makes use of a number of indicators.
If the investor has to use Super Simple Bot then the process is quite simple. The user will first need to register to get access to the Free Super Simple Bot. For this the trader has to simply visit the website of Super Simple Bot.
Next the trader will have to login to the binary options trading account and deposit to the broker.
Lastly, the trader has to select auto trading option and the trading bot will start trading on behalf of the trader.
The following are the key pros of Super Simple Bot.
Well even for the best trading bot the room for improvement is always there. It could have been better if Super Simple Bot could have offered a live chat support for the non-registered users as well. This gives the opportunity to the trader to ask questions that come to his mind and this way the trader can opt for a trading system with greater confidence.
Secondly, Super Simple Bot could have introduced a demo version on the website so that the trader exactly knows how the system works. This gives more confidence to the trader before signing up for a trading system.
There is a small issue with the website as well when the trader visits the FAQ section. When the trader select the English language from the list of available languages then only one question shows up in English. The rest of the questions show up in a different language so it becomes difficult to find the response to the questions. This issue is trivial, but the issue still needs to be addressed so that the trader can know more about this system.
The trader should also monitor the results of this trading bot so that he can clearly evaluate the performance of this trading system.
Well before signing up with Super Simple Bot, it would be an added advantage if the trader also have an understanding of manual trading. This may be important if the investor wishes to get the best possible results with their account. If the trader already has a basic knowledge about manual trading then he will be able to interpret the functioning of Super Simple Bot in a much better way. However, the trader should remember that manual trading knowledge is not required to get profitable trades with the bot.
Super Simple Bot is definitely worth a chance. However, the trader should first try to develop a strong understanding about the three trading systems offered and the trading indicators. This way the trader will develop a comfort zone while trading using the bot. This trading bot is a great way to give a fresh start to your trading career.
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