Option bot 2 – some things to consider

[Spin4Fun]

Im not a promotor of, or have any kind of relation with this product.
I just have some thoughts to consider if you plan to use this product.

Option bot, is a Binary Option signal service, and since 1st july there second version is released. Im looking into Binary Options for some time and had some successes. About 1 year a came across option bot and if you combine the signals with your own analyzes it can help you.

Now if you look on youtube for option bot 2, you will see 101 of review videos.  So its clear new they gone push the product via affiliate sales. (not that is a problem on it self).

But the thing to consider in my opinion..  I have tested the free beta preview and now it becomes a webservice instead of a standalone application (again that’s not a problem)

But if you study there instructions video, you see that they stress..
1.   To make it work correctly â€" receive accurate signals, you need to open a new account from the brokers they work with… sounds like, Option bot will receive some affiliate commission it self from the brokers for every new signup/deposit…
2.   To make sure your orders are processed correctly, you need to place the orders within option bot… sounds like, they will receive also some commission on the volume of trade…
3.   To make your trades successful we recommend that you place your trades over 5 brokers.. to make sure you have more successful trades..

On it self, it are not all bad things and maybe even a good business model…

Option Bot is 97$, and you can get 200$ upsell for support and training videos…

BUT… this solution … if you think about it, option bot probably will receive money for new sign ups and trades. But how does an Binary Option broker  work, its not difference as a casino, for every winner there need to be a loser… or they go bankrupt…  so tell me why would a Broker pay an signal service commission on trades, as the signal server would make sure they have more losses…

Also to consider, all Brokers provides charts on the sites, but I will never use them, because they are not so accurate, also some brokers tend to alter the expiry value just a bit, if there would to many wins…  (control their losses) so I wonder what will happen for people how just relay on the graphs and place their orders within option bot…

I had an account with a broker, but they removed them… they did not want to share their signal any more… (strange because it the beta preview videos you do see they use the broker…)  I just was now testing the final release… glad I did not follow it… would have like 10 loses in a row… mm, maybe its because I did not open an Broker account via Opion bot.

So for me something is not really  correct in this picture… what do you think?

[Chrisbis]

Something on the subject.....

link:://binaryoptions101.blog.com/

[Chrisbis]

Free webinar tonight (for American viewers on this subject.

Hey,
Shawn just walked into his office to open up the webinar room.
The presentation will kick off at 11:00 am ET (GMT-4).
You can go ahead and log in now >>
I haven't been told all of the details about the special tips he will be covering in the webinar (he tends to be very secretive about that stuff so he doesn't spoil the surprise), but he did say to make sure that you are ready to chime in during the presentation.
You should also bring a way to take notes. The webinar will cover a lot of Forex information that you won't want to forget!
Enjoy your webinar and don't forget to click here to log in now >>
link:://rsvp.markettraders.com/acton/ct/1547/s-1cb4-1307/Bct/q-3084/l-sf-rpt-00O600000038lJ3-2cc8:b96f/ct0_0/1
Cheers,
Jenny