The title of the video is the title of this article: The video promotes something called the 60 Second Cash System. And not just this system either, but many like it. Firstly, the punctuation and capitalization is by itself a dead giveaway. For another thing, it points toward exaggeration. If it were this easy to become a billionaire , why on earth would anyone work a standard job? At that rate, imagine what would happen to the world markets if everyone who traded using this system were that successful.
The market movers in any given market are usually large companies, governments, and individuals with huge bankrolls—not small retail traders like you and me. Invest time in yourself by learning everything you can about binary options trading. That means not just learning how to physically place a trade on a trading platform, but how to come up with a rationale for placing your trades, one which can generate consistent, reliable profits.
The road to any sort of trading success is a long one and it can be a hard one. As an experienced Options Trader of over 40 years, I know that binary options are no more than a complete gamble.
In conventional Options the investor can take either his winnings or his losses at any moment. He is in complete control. This is exactly what happens in a casino or a horse race. Even a game of poker is slightly more controllable than any so called binary option.
Now the massive publicity being pushed today is because the whole system is no more than a elaborate Ponzi scheme where the very few big winners are created out of the losers money. The hundreds of thousands of people who are being sucked into this fraud know next to nothing about investing and even less about conventional option dealing, which is a highly risky kind of derivative investing and only for the professionals. All the multitude of glitzy publicity videos which you see are simply to push this pyramid scheme to feed the possible winners, just like all the Ponzi schemes before.
Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets.
Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.
The past performance of any trading system or methodology is not necessarily indicative of future results. All content on this website is based on our writers and editors experiences and are not meant to accuse any broker with illegal matters. The words Scam, blacklist, fraud, hoax, sucks, etc are used because all content on this website is written in a fictional, entertainment, satirical and exaggerated format and are therefore sometimes disconnected from reality.
All readers must personally judge all content and brokers on their own merits. Additionally, visitors comments are not moderated other than the obvious link spam. Trading binary options is extremely risky and you can lose your entire investment. Only deposit and trade with money you can afford to lose. Always refer to local laws, jurisdictions and authorities before performing any action on the internet.
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