Quick Summary of the Google Trader
The complete review of Google Trader will give you an idea why you have to avoid this software in the first place. Make note of all these points and refrain from opting from Google Trader. The name of the person who initially came up with the concept of Google Trader is Ben Williams. Now let us move to the details about this software.
Well, I am the right person to guide you because I review trading software quite often, so I noticed a stunning resemblance between Trend Trader and Google Trader. If you visit the website, you will notice that both the software have the same video. Now this cannot be a coincidence for sure. This shows that Google Trader is available online with many different names, so if by chance you are saved from this software you may get caught up with another software with another name. Thus, this gives you the most important reason to be beware of this software. Just have a look at the below snapshots to know more. One snapshot is from Google Trader, and one is from Trend Trader. If you notice the two snapshots are exactly the same. Now you can get the idea about this scam.
Now when I explored Google Trader I came across something really funny. As a trader I know quite well that losing a trade is also part and parcel of binary option trading the only thing you can do is that you can reduce the losing trades as time passes by, and you become more experienced with trading. However, Google Trader has some new logic, and it claims that the software only places the trade when it knows that the trade will be a winning trade. Now that sounds surprising. I do not think that a software can make decisions like humans. Neither the software can analyze the risks so if you do not want to waste your money do not be carried away by these claims.
Now as I mentioned earlier there is a very bleak possibility that you can end up winning all the trades even if you are a professional trader. However, when I visited the website, I came across this snapshot that shows a huge balance and only 65 losing trades. It sounds quite unbelievable to me. Look at the snapshot and decide for yourself. However, this can entice those traders who are new to the field. They may get carried away by this deception. Remember there is no shortcut to binary options trading. Learn that before you have to suffer because of running away from reality.
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I am into trading, so it does not matter to me how a software works for someone else. What matters to me is how I can profit. I do not understand the reason to be impressed by 1000 beta testers. Yes, Google Trader claims that already 1000 people have tested this software. Whether they earned is still a question, so I think this aspect is not compelling enough to opt for this software. The reality is that the beta testers are paid actors who are paid to make sales videos.
Now I read that the software indulges in auto trading, and brokers verify it. Well, I will certainly like to know about the brokers who have verified this method. After even 15 years of trading, I did not come across one convincing software so I want to know how Google Trader can make a difference. The logic is not clear, so you just have to say no to it.
Now as per the speaker of the video the logic of the software is based on the analysis of several analysts, but I find regular market updates to be a more authentic source of information and me have been relying on this information for a long time. Even if you have the best trading analysts, onboard they cannot promise a software that can earn you profits at all times.
Now when I was looking at the video, I came to know that the software places the trades by looking at profitable opportunities and then places the trades. The software even has got a manual trading option, and you can place trades with the help of signals. As per the maker of the software, the database updates every 10 seconds. However, what I feel is that if a software can achieve so much then it is pointless for traders to spend years learning the secret of trading. Look at the snapshot below and decide whether this seems true.
The most important question for any trader regards the investment that will be required to use this software, and this information is missing. It is essential for a trader to know how much money he will need to use the software. I wonder why such an important question has been unanswered. When essential questions are not answered, then it creates doubts in the mind of the viewer. The basic trading method is also not listed. Ideally the website should be having a demo of the software so that the trader gets an idea.
Nothing is for free so what will the creators get in return. The accuracy of the software is stated to be above 90 percent, and the profit margin is mentioned to be huge. Do you think that such software can be sold for free? I am not getting convinced. Is making money that easy through a free software? Traders like me would have run out of business if such things had been happening in real. Google Trader just seems to be just like other software that make big claims and offer nothing. I feel that you should stop right here. You can spend your time on better activities like exploring better trading strategies rather than deciphering what this software has to offer to you. Save up on your time and do not look for shortcuts to success.
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