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Most of us are on the lookout for a consistent source of money. The bad news is that earning a consistent amount of money is not so easy. However, in these dark hours, binary option trading has emerged to be an array of hope. This is just one side of the story and every profession has its ups and down. The setback about binary option trading is the scam trading bots that are actually playing with the career of the traders. Thus the scammers need to be identified.
Note: A good alternative to this Wisdom of the Crow scam is the Super Simple Bot.
Every now and then there is a new scam trading bot available online. Now the latest on the list is the Wisdom Of The Crowds. Well you will lose your money so fast with this trading bot that you will lose all your wisdom as well. To know more just keep reading.
The investor is kept in the dark by the very moment that he starts to watch the sales video. Well it starts with the fact that the trader can make hundreds of dollars every day. Now this can appear to be something quite exciting for someone who does not really understand binary option trading. A new trader can be an easy bait for this scam because he just does not know what binary option trading is all about and is in search of quick money and that is the fatal mistake.
Next the video of Wisdom Of The Crowds quickly moves on to what people earned. Their earning details are displayed with their pictures. Well the investor needs to face the reality and understand the fact that if trading bots could make money so instantly then everyone would have given up on manual trading. The real truth is that there are genuine trading bots available as well. However, they need to be searched. The scammers are more easily available and this is where the problem starts.
Note: Identify the scam trading robots and choose the honest trading bots.
The most hilarious claim is that the Wisdom Of The Crowds claims that the trading can earn a lot without spending an extra hour. It truly appears to be too simple. The truth is that Wisdom Of The Crowds is just a clever trap. The trader should understand this fact if he does not want to lose his money.
Here are the advantages of using tested and trusted forex trading robots used by experts and the trading community at large
With forex trading robots, users can trade without confining themselves to time zones or limits which increases the chances of winning.
These robots continuously work with no breaks and watch the market and take advantage of any breaks.
Humans will likely fall into the problem of having emotions play a role in their speculative movements.
With forex trading robots, that’s not the case. These robots use raw data to properly line up the best trading positions for users.
With a friendly user interface, traders with any skill levels can easily utilize these robots and take advantage of the volatile crypto market.
You won’t need to take long to learn how to use these robots as they come with easy to understand guidelines and tutorials.
One of the greatest aspects of trading with these robots is connectivity. You want a robot that easily automates trades.
The listed robots are automatic and trade steadily without any pitfalls. You certainly don’t want a robot that shits the bed during live trading sessions.
Forex trading robots are faster and effective than conventional manual trading techniques which take longer to process data.
Robots ensure they don’t miss any opportunities and thrive in ensuring the user takes full advantage of the forex market.
Traders get a chance to test these robots before using them during live trading sessions, demo accounts are available.
With the demo platform, you get to see the platform in action which ensures traders know the best parameters to use.
The video of The Wisdom Of The Crowds has the strangest things to say. It says that crowds can predict stocks in a better way and according to the data collected this increased the winning rate to 83.3 percent. It sounds more like a joke. How can they challenge the experts of the field who have years of experience behind them? No sane person will like to give into this claim because it just does not sound real at all.
It seems that the trading bot deviates from the main topic and lacks the information that is needed by the trader to be successful in trading. Wisdom Of The Crowds is a perfectly designed scam. The video tries to distract the trader with weird theories. Any smart trader will identify the loopholes in the video. However, the new traders become victimized.
Now most investors expect a lot from the website of a trading bot. Well they are not completely wrong to expect so much, but when any investor will look at the website of Wisdom Of The Crowds then he is bound to be disappointed. The reason is that the professional layout is missing. The website lacks that magical touch. It does not have properly defined tabs so the trader cannot navigate easily.
There is no proper about us page as well that will give an insight to the trader about the people who actually created Wisdom Of The Crowds. Infact when the trader will look at the website he will realize that the layout of this website is quite similar to other scam websites. Usually the scam websites are randomly designed and seems that the developer was in quite a hurry to develop this website.
The website of Wisdom Of The Crowds states that the trader can start make $14,000 from home right away. Now this seems like a dream. Well if they are right then they should give the facts to the trader so that he gets to know the truth. They do not have a proper strategy and the website or the sales video does not magnify the exact operation of this trading bot. This is where the doubt starts. An investor cannot just put his investment on the line for nothing. He needs to know the truth so that he can invest his confidence in the Wisdom Of The Crowds.
Note: Keep an eye on the scammers and choose credible trading robots.
Now the website of The Wisdom Of The Crowds defines trading to be so simple. They have just laid out three different steps. The first is the registration. This means that the trader needs to give all his information to this scam trading bot that is the Wisdom Of The Crowds. Next the trader will obviously have to make a deposit to activate the account. This is where the disaster starts and yes this trading bot claims that the trader can start earning right away.
Now most traders have expectations from the Frequently asked Question section as well. Well the investor should not be hopeful because they have cleverly designed the FAQ section. The FAQ section of Wisdom Of The Crowds only focuses on the general questions. This means if the trader has any personalized or tricky question then it will definitely not get an answer easily. The truth is that The FAQ section is not offering any help to the trader and he will remain clueless even if he goes through the entire section.
Now no trading bot or trading expert can deny the significance of a demo account because it is the core essence of a trading bot. When the demo account is there then a professional trader can identify the flaws of a trading system at a glimpse, but Wisdom Of The Crowds has deprived the trader of this opportunity.
When the trader will visit the website of Wisdom Of The Crowds then he is in for another shock. There is no customer support offered. There is no contact us page so the investor cannot send an email to the system to put up his queries. There are some investors who are keener to try the live chat facility. However, this facility is also not offered by the Wisdom Of The Crowds so it is truly a wrong move to opt in for this bot.
The final word is that the investor should never invest in Wisdom Of The Crowds trading bot or else he should get ready to lose his money. The smarter move is to invest time and efforts in exploring trading bots that offer genuine profits to the investor. Every time the trader signs up with a trading bot, he should explore and investigate it first. He should ensure that there is a legality in the procedures. A reliable trading bot will have a well-defined roadmap and will not conceal the facts from the trader. Invest only after knowing the truth.
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