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Unread 19th June 2013, 02:02 PM   #1
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Default Auto Binary Code? Does anybody have info?

Anybody have any info/experience with this product?
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Unread 20th June 2013, 01:09 PM   #2
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by KRut View Post
Anybody have any info/experience with this product?
Yup, saw it, asked my members, some tried, they told me it didnt work.

I saw it in my email, checked it out, did some reading of reviews, nothing good.

So in my mind i classified it under Junk.
In my inbox i classified it under spam.

So i here by tell you, safe your time. Oh and money.
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Unread 21st June 2013, 03:32 AM   #3
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Default Re: Auto Binary Code? Does anybody have info?

There are some comments in threads on youtube promotions about it. They either hard sell with no evidence (affiliates) or they say that it lost them money.

My conclusion was to avoid it.

I am considering the binary options auto trader.

Not an affiliate link as I have not used it yet.

Paul
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Unread 21st June 2013, 11:22 AM   #4
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by Paul Dunstan View Post
There are some comments in threads on youtube promotions about it. They either hard sell with no evidence (affiliates) or they say that it lost them money.

My conclusion was to avoid it.

I am considering the binary options auto trader.

Not an affiliate link as I have not used it yet.

Paul
Hi paul,

I wouldnt go with that either.
I will never want to trust my money with some machine or copy trader, because i never know whether in future they will lose my money.
It may make me money in 1 or 2 weeks.
But in a month it may lose me money.

Or it may suddenly stop its service and your income is gone over night.

So i rather learn and do it myself and then maybe create and develop a bot to integrate my strategy.

That way no one will ever take away my profits.
No one can steal what i have learned.
No one can steal experience.
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Unread 22nd June 2013, 10:13 PM   #5
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Default Re: Auto Binary Code? Does anybody have info?

Its a scam They say you get the software for free and don't have to give them any money for 90 days.

What they dont tell you is that every time you make a trade thru the brokerage they highly recommend, they make a commission off of you. So they are making money every time you trade! it is garbage. You will lose all your money.

Also should there be any money left in your account at the time you want to take any out, they make it very difficult and ask very personal questions such as social security numbers and other confidential information you shouldnt give to any one. This information can and will be usedfor identity theft purposes.
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Unread 22nd June 2013, 11:15 PM   #6
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by cadillac48 View Post

What they dont tell you is that every time you make a trade thru the brokerage they highly recommend, they make a commission off of you. So they are making money every time you trade! it is garbage. You will lose all your money.
What is wrong with that?
In the forex industry that is the case as well.
Does it mean it is a scam?

I too earn a commission each time my member trades, but of cos i do let them know upfront, i dont know if that guy did that, but even if he didnt, that doesnt constitute a scam.

And with everything, test on demo, IF they say the software only can work on real account then its a scam.

Quote:
Originally Posted by cadillac48 View Post
Also should there be any money left in your account at the time you want to take any out, they make it very difficult and ask very personal questions such as social security numbers and other confidential information you shouldnt give to any one. This information can and will be usedfor identity theft purposes.
Again, i dont know how it is in US, im not in US, thus i do not have a security number.
But as with all this financial institute or company like forex brokers, they do have to comply with regulations even if they are not regulated, they need to follow a standard basic legal procedure, but of cos go with reputable brokers.

This is to prevent all sorts of illegal stuff like money laundering and account hacking etc.
They need to verify that you are the one who request the withdrawal and you are the account holder and not someone who hacked into your account.

This is common with all forex broekrs as well.

Now if you have a problem with that, then maybe trading isnt for you.



Another issue i see in most comments about broekrs is that they let you deposit fast and easy but so much hassle to withdraw.
I think that is just a industry tactic.
Again it doesnt constitute a scam.
If you have nothing to hide, if you are not doing anything funny, then you should have no problems with the legal documents they request.
So long as you receive your withdrawal.
The only complain even i make is the duration of withdrawal.
But if you get your withdrawal, there is no scam.

Conclusion: As with all thing online and offline, use abit of common sense, do your research and go with reputable companies to reduce risk. Check to see if other traders in a trading community have any reasonable problem with them or whether they manage to withdraw their money. Or if a software works, if you are buying a software.

PS - Everything has its risk, even reputable/regulated companies can close down or file for bankruptcy. But it is less likely. So do your research, and get a personal review from someone you know or trust or from some established community like trading forums and chatrooms. By doing so you REDUCE the risk of future bad happenings.

PSS - If you have problems with risk then maybe trading isnt for you. Trading is all about managing risk afterall. =)

Disclaimer : Base on my 1st comment in this thread, i stated my stand on the particular product, so i am in no way supporting this product, if anything, im against it. Im just here to facilitate reasonable review. I just feel that too many people use the word "scam" too loosely.
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Unread 23rd June 2013, 07:38 AM   #7
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Default Re: Auto Binary Code? Does anybody have info?

These firms are outside the U.S , mostly in CYprus for gods sakes! Wake up and smell the roses! They setup shop there for a good reason!

They cannot be trusted with a persons confidential information that can easily be used for purposes of identity fraud and theft.

These are not reputable firms. None of them! They are run by criminals.

You need to go read all the horror stories that are posted online about them!

They say that a fool and his money are soon parted. Just kiss your money godbye before you send it to them!
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Unread 23rd June 2013, 07:42 AM   #8
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by cadillac48 View Post
These firms are outside the U.S , mostly in CYprus for gods sakes! Wake up and smell the roses! They setup shop there for a good reason!

They cannot be trusted with a persons confidential information that can easily be used for purposes of identity fraud and theft.

These are not reputable firms. None of them! They are run by criminals.

You need to go read all the horror stories that are posted online about them!

They say that a fool and his money are soon parted. Just kiss your money godbye before you send it to them!
Moste of them are based in cyprus because cyprus is the only country in EU for now which recognize binary options as a financial service like forex. Furthermore cyprus is regulating these brokers (CySEC).

OnTopic: This Auto Binary Code is shit
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Unread 23rd June 2013, 10:52 AM   #9
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Default Re: Auto Binary Code? Does anybody have info?

I'm not interested in investing in binary options. The whole premise is ridiculous. It is just gambling. Predicting whether the price of an option will be higher or lower at the end of an hour of trading is not a form of investing, it is GAMBLING! You might as well be playing roulette!

Besides, it is not even a 50/50 proposition. When you win, you win just 70% of the bet, when you lose, you lose 100%. It is for suckers! No software can predict this with any degree of reasonable accuracy! Long term or intermediate term yes, but not what will happen in one hour!

Also, I do not place any trust in any regulatory commission run by a small foreign government such as Cyprus! Also, many of these firms may claim they are under govt regulation but they are lying.

Getting back to Auto Binary Code, these people want to give you the impression their software works and have confidence in it that they are willing to let you try it out for 90 days. When the real reason they want you to use it is not because they expect you to see how good it is and expect you to pay for it later on. Again,they make their money off of you when you place trades with the broker they urge you to open the account with because of their deal with brokerage house to get a cut of the action!

In other words, they are deceiving people by making them think they have found the holy grail of investing!. If you can't see that, i feel sorry for you! You are obviously a very naive person!
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Unread 24th June 2013, 12:43 AM   #10
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by cadillac48 View Post
I'm not interested in investing in binary options. The whole premise is ridiculous. It is just gambling. Predicting whether the price of an option will be higher or lower at the end of an hour of trading is not a form of investing, it is GAMBLING! You might as well be playing roulette!
I have posted elsewhere in the forum regarding this debate.
It was a long post.

But just to summarize.
Roulette is 50/50, but add in the house edge, you are left with 47+%.
Thus in the long run, with a 100% return on wins and 100% loss on losses will make you an overall loser.

With financial markets, if you know what you are doing, you can be in profits if you have a 55% win rate which is possible.
I have an 84.9% win rate on avg.
So even with an 85% payout when you win and 100% loss when u lose, if you calculate, you need just below 55% and you are in profits!
Meaning, if you have just 55% win rate, you already make money.


So im sorry, you cant compare roulette with financial markets.
Roulette has no meaning, it is base on randomness.
Financial markets has meaning, there are reasons behind every market movement.

By comparing roulette with financial markets, you just showed the whole world you know nothing about financial markets.

And with that, i myself would advice you NOT to invest in it.
As Warren Buffet says DONT INVEST IN SOMETHING YOU DONT UNDERSTAND. [not exact words though]


Quote:
Originally Posted by cadillac48 View Post
Besides, it is not even a 50/50 proposition. When you win, you win just 70% of the bet, when you lose, you lose 100%. It is for suckers!
You know what, this analogy came right to my mind when i read your statement.

I imagine Tom, Tom found a gold mine (by no means am i saying BO is a gold mine, but it can definitely earn you some decent money), and Jack is his friend, who is also mining for gold. Tom said to Jack, i found it ! i found it! Its here..
Jack then argued with all theoretical reasoning base on his on understand of Gold that it couldnt be there, and that it was only for suckers! "only suckers like you waste your time digging here, there is no Gold, i dont care if the Gold regulator says this is a site where there are high gold concentration! Only suckers believe them!"

And the Gold mine was right there.
So moral of the story, guess who is the sucker. ? :p
JACK! the JACK @ss. lol..

Now coming back to reality.
I've just withdrew $4000 from 2 brokers, 1 from cyprus 1 from UK.
Ive already received it in my bank.

So who is the sucker ? hmmmm... :rolleyes:




Quote:
Originally Posted by cadillac48 View Post
Also, I do not place any trust in any regulatory commission run by a small foreign government such as Cyprus! Also, many of these firms may claim they are under govt regulation but they are lying.
lol.. just lol..
Obviously there are scam brokers, with all industry there are scammers.
Does that make the whole industry a scam?

There are some companies who are advertising for job openings that are bogus.
Does that mean the whole work force is bogus?
Why not say " HEY i dont trust companies that are hiring, they are scams! I dont care if the man power ministry regulates them, i dont believe! Therefore i am not getting a job. " hahahah

Why not do nothing, because everything in this world have their black sheeps.

Quote:
Originally Posted by cadillac48 View Post
Getting back to Auto Binary Code, these people want to give you the impression their software works and have confidence in it that they are willing to let you try it out for 90 days. When the real reason they want you to use it is not because they expect you to see how good it is and expect you to pay for it later on. Again,they make their money off of you when you place trades with the broker they urge you to open the account with because of their deal with brokerage house to get a cut of the action!

In other words, they are deceiving people by making them think they have found the holy grail of investing!. If you can't see that, i feel sorry for you! You are obviously a very naive person!
Now there are 2 opinions here.
1 is targeting the whole industry, one is about the product.

I do not support the product. So i am with everyone else here.
But when you target the whole industry.
You are the naive one.
And i feel sorry for you for that.
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Unread 24th June 2013, 12:45 AM   #11
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Default Re: Auto Binary Code? Does anybody have info?

Rather try it yourself because everyone always has an opinion and sometimes will mislead you.
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Unread 24th June 2013, 12:53 PM   #12
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Default Re: Auto Binary Code? Does anybody have info?

There is a video on youtube that explains why binary bots and traders choice strategies like Auto Binary Bot will not work:

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Unread 24th June 2013, 01:06 PM   #13
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by TrafficBot View Post
There is a video on youtube that explains why binary bots and traders choice strategies like Auto Binary Bot will not work:

TradeRush And Binary Options Trading Signals Winning Binary Options Strategy - YouTube
Hey trafficBot,

hi there.. its been some time.

Now you believe me?
You understand why the last time i "bashed" you..?

The last time you posted 1 video which promotes using the traders choice and double up everytime it loses.

At least now you come to your senses.

Cheers man.
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Unread 25th June 2013, 03:55 PM   #14
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Default Re: Auto Binary Code? Does anybody have info?

COMPLETE WASTE OF MONEY.

Followed autobinary code signals - 56 trades won 64 trades lost - this is a losing proposition esp given the payout.

CEDAR FINANCE is a FRAUD.

PLEASE READ THE FINE PRINT BEFORE GIVING THEM ANY MONEY.

This is from the terms and conditions:

"If you choose to accept a bonus, you will be required to execute trades to the value of 40 times your initial bonus and deposit funds. Therefore, in order to withdraw any funds, the preceding stipulation must be fully met."

So I deposited $500, took a $400 bonus, traded $3500, lost almost all of it, and was told THAT I COULD NOT WITHDRAW ANY MONEY AT ALL UNTIL I TRADED $36,000. Are you kidding me?
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Unread 25th June 2013, 07:20 PM   #15
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Default Re: Auto Binary Code? Does anybody have info?

Yea, no one should mess with "it's easy" when it comes to trading.

The only trading method I have never ever seen with negative comments is the Star Forex Trading System. I've stalked this site and forum's about it for years and it seems to be super legit with lots of club members willing to help.

I'm not currently a member but in a couple of months I will free up time to. I currently work over 10 hours a day and if I get into something like this I want to devote time and effort.

The SuperTradeSystem for Forex is the best method I'd mess with over any trading method. Period.
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Unread 25th June 2013, 11:14 PM   #16
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by jimmtech View Post
PLEASE READ THE FINE PRINT BEFORE GIVING THEM ANY MONEY.

This is from the terms and conditions:

"If you choose to accept a bonus, you will be required to execute trades to the value of 40 times your initial bonus and deposit funds. Therefore, in order to withdraw any funds, the preceding stipulation must be fully met."

So I deposited $500, took a $400 bonus, traded $3500, lost almost all of it, and was told THAT I COULD NOT WITHDRAW ANY MONEY AT ALL UNTIL I TRADED $36,000. Are you kidding me?
Haha, no their not kidding you.

This is norm.

But i understand where you are coming from.
And i agree that they should change the practice, they should verbally inform you when you are depositing. (Account manager's duty)

Of all the brokers i come across only 1 AM told me about it upfront.
But thats when i already know.

Sometimes i just keep quiet to see who tells me.

So looking from a newbiee point of view (ie you) where you have no prior knowledge of bonus conditions, then yes, it may feel like they are cheating you.

But coming from a season trader (ie me) where i already know there are such things as bonus conditions, then it isnt really a big deal.

I mean think about it, if there were no conditions, it wouldnt make sense.

I deposit $2000, i get 100%, so i have $4000, i might as well withdraw straight away and earn $2000 and do it again or with another broker.

Doesnt make sense right?
So if you stop and think logically, you will know surely there will be some terms and condition to this "free money".

Now if you can meet their conditions, it is really literally "free money".

So its no scam, just a bad practice by brokers IF they do not tell you verbally upfront and hide it in fine prints.



Quote:
Originally Posted by oMaverick View Post
Yea, no one should mess with "it's easy" when it comes to trading.

The only trading method I have never ever seen with negative comments is the Star Forex Trading System. I've stalked this site and forum's about it for years and it seems to be super legit with lots of club members willing to help.

I'm not currently a member but in a couple of months I will free up time to. I currently work over 10 hours a day and if I get into something like this I want to devote time and effort.

The SuperTradeSystem for Forex is the best method I'd mess with over any trading method. Period.
There are many good courses out there..
And many bad ones too.
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Unread 26th June 2013, 12:33 PM   #17
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Default Re: Auto Binary Code? Does anybody have info?

hey Newbiiee:

I hope there are no hard feelings between you and me. i have enuff enemies!lol


Since you are a seasoned pro at binary options,

what is your opinion of http://www.binaryoptionstradingsignals.com/

is this legit?


Also in regards to binary options brokerage firms, i would trust the ones in UK much more than those in Cyprus!

I know the regulatory commissions are on the up and up in the UK and would feel a lot safer having my money in England!

Tell us please, what is the name ohe broker you use in the UK?

And you are right about the bonus conditions.

All the sports and gaming betting sites make you rollover your money lots of times before you can withdraw. They know that for most bettors if they bet long enough, they will lose their money and they won't be giving back anything in the long run.

I know to refuse to accept bonus money from them!
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Unread 26th June 2013, 01:03 PM   #18
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
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hey Newbiiee:

I hope there are no hard feelings between you and me. i have enuff enemies!lol


Since you are a seasoned pro at binary options,

what is your opinion of http://www.binaryoptionstradingsignals.com/

is this legit?


Also in regards to binary options brokerage firms, i would trust the ones in UK much more than those in Cyprus!

I know the regulatory commissions are on the up and up in the UK and would feel a lot safer having my money in England!

Tell us please, what is the name ohe broker you use in the UK?

And you are right about the bonus conditions.

All the sports and gaming betting sites make you rollover your money lots of times before you can withdraw. They know that for most bettors if they bet long enough, they will lose their money and they won't be giving back anything in the long run.

I know to refuse to accept bonus money from them!
Hey,

No worries mate, im just merely answering you base on your post, so i take the Cue from you in terms of tone.

So if you say no hard feelings, then no hard feelings from me either.

Regarding the website, its from franco, and i dont want to say much because
1. i did not use his service.
2. i cant think of another reason but number 1.

You can try it out though. Im not an affiliate of his product.

But if you ask my opinion, if im a newbiee i would not mind trying out as it seems interesting.

But since im already doing well myself, all i can say is, my style is to use all the same trade size unless i decide to increase then all my trades will increase, if you see his results page, the trades are all different sizes, so i dont know what method is he using. ANd how he justify the price of a trade.
To me i like to keep things simple and as many constant as possible.

Some times i put more than usual, but its not a norm thing, his results show that he does it as a norm. Not saying that its not good, but its just not my style and i cant comment whether its bad because i havent tried it and i dont know the logic behind his trades.
So if its working for him, then good.
And if you try out, and it works for you too then good for you too.


THere is nothing wrong with bonuses, if you have a proven strategy and you can win in the long run, bonus is free money for you, it also acts as a buffer and to boost your equity.
Equity is power.
The bigger your equity the faster your account grows.

And if you look at it in the bigger picture, if you can succeed in this BO game, just be patient and withdraw your money at a later time, until you meet their volume requirement.

If you are in short term trading means you may be winning but you dont know how long you can last, or whether you will not sustain and lose your profits back to the market and want to cash out then dont take the bonus.

So you need to know from the start which group you belong to.
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Unread 26th June 2013, 01:35 PM   #19
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Default Re: Auto Binary Code? Does anybody have info?

Most of the Binary codes offers are a "scam" but it's not more of a scam then the forex offers out there...

95% loss money, and 5% make all the money.
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Unread 26th June 2013, 02:10 PM   #20
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Default Re: Auto Binary Code? Does anybody have info?

Hello warriors.
I'm writing here for the first time, and I'm sorry if my english is not so good. I'm portuguese and I live in Portugal. I've started trading binary options yesterday and so far so good.
Two major things: I've been contacted by phone shortly after I registered an account in Banc de Swiss and they gave me all the information about bonus and stuff like that. Same happened with Optek; they were very professional. The other thing I'd like to point is that in fact there are strategies to minimize the risks.
I'm using one in particular, and I'll let you know the results in the next couple of days.
About bots: humm... I don't really trust any bot playing with my money. I've used a bot in another "business", things worked out fine, but the problem is that you don't have the control...
Thank you all for the excelent threads you post here!
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Unread 26th June 2013, 05:14 PM   #21
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Default Re: Auto Binary Code? Does anybody have info?

newbiiee

What is the broker you use in UK?
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Unread 26th June 2013, 11:20 PM   #22
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by cadillac48 View Post
newbiiee

What is the broker you use in UK?
You can see the brokers i use the most on my website.
There are 2.

1 of which is 24option, they are in the UK.
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Unread 24th July 2013, 12:56 PM   #23
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Default Re: Auto Binary Code? Does anybody have info?

I tried it. First you get a bonus of $500 to test it not real money. You have to join cedar finance then you use the program witch trades automatically for you. Very simple. With the make believe money you earn quickly. Once you've earned $100 a window pops up and tells you that you will earn the next $100 JUST as easy if you deposit real money. I deposited $200 and I;m down to $108 in less than a few hours. Lucky I got a 80% bonus so I'm hoping to get out without loosing any money. But that's typical they tell you this magical program makes you money easy and it does with the test money but with the real money you loose more trades than you can count. Why does it always have to be this way I'm sick up to my gut with all this crap on the net. Stay away. Its been programmed for you to loose.
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Unread 24th July 2013, 02:52 PM   #24
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Default Re: Auto Binary Code? Does anybody have info?

Don't buy it. I lost $250 in trades. It does not perform at 70%-80% There is now a Auto Binary 2 software that is supposed to auto trade ad offers you a free trial with to test with ''play'' money.
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Unread 26th July 2013, 11:06 AM   #25
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Default Re: Auto Binary Code? Does anybody have info?

Just for anyones info, I have traded the forex market for over 10 years and it is not an easy game for anyone more or less an auto trading account. I have never paid a direct commission to an agent, because you don't have one. You may have a person who may help or assist your questions, but you control all of your forex trading when you setup a forex account. You do have to watch out for the bad companies, but its easy to find or google the companies who are legit to open your own account. I move money in and out of my accounts, without any agent. I do all my trades on my own through my forex account, so when someone tells you its automated for profit, I have yet to see or hear of one yet.
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Unread 27th July 2013, 10:20 AM   #26
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Arrow Re: Auto Binary Code? Does anybody have info? Version 2

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Originally Posted by mdpag View Post
Don't buy it. I lost $250 in trades. It does not perform at 70%-80% There is now a Auto Binary 2 software that is supposed to auto trade ad offers you a free trial with to test with ''play'' money.
When I investigated this about 6 weeks ago, I concluded it would not work. The "pitch" on Auto Binary Code 2 is a little different. I tried it on the test/practice mode with the "fake" $500 account provided. It did pretty good in that mode. 55%one day and 70% another. My $500 went to about $900 -- but, of course, it was fake money. If I were to fund it with real money, do you think it will change the way it operates in "real" mode as compared to "demo" mode and I will start loosing the money?
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Unread 27th July 2013, 10:56 AM   #27
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Default Re: Auto Binary Code? Does anybody have info?

Don't be victims of that BS guys...

Trading Binary Options works and it works well if you know what your doing.

First things first whatever you do make sure that you "DO NOT TAKE THE BONUS" or you will have a very very very hard time getting your money out.

Second of all you have to ask yourself where is this robot getting its data from to make these decisions.

Third you have to ask yourself if this robot was right 80% of the time would you sell it? Heck no!

So just don't fall for these scams guys. They are preying upon people who don't know any better and preying upon the most sensitive human emotion which is the desire for easy money and doing nothing for it.

Here are some tips for you though...

If you are in the US you need to be trading on Nadex!

Period!

At Nadex you can make 2:1 or 3:1 on your money.

Which means you can risk 100 and make 200 net or 300 net. Which is something these other platforms don't offer. So if you are in the US get over to Nadex.

If you guys have any questions let me know...
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Unread 28th July 2013, 12:10 AM   #28
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Default Re: Auto Binary Code? Does anybody have info? Version 2

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If I were to fund it with real money, do you think it will change the way it operates in "real" mode as compared to "demo" mode and I will start loosing the money?
Many people dont realize robots or systems work in a fix way.

It is not that the system or robot is made or program in a way to change after a while and lose your money.

Its about testing period.


I dont care if u put $1 and the robot makes for you $1000 at the end of 1 day or 2 days. Its all about how it can sustain.

So to answer your question, NO ONE WOULD KNOW.
2 days testing is not for discussion.


Come back after a month or at least 1 week.

Then at least ttheres something worth talking.

PS - u need to see how many trades it makes too, if u come back after 1 month and it made profits but only made 10 trades then its still not worthy of a discussion in my opinion.
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Unread 28th July 2013, 09:59 PM   #29
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Default Re: Auto Binary Code? Does anybody have info?

Hey guys!

I downloaded this software recently and am currently running it with the demo $500 account that it came with. So far, it has made me a profit, but I mean it hasn't been running for more than 2 or 3 hours and has only done like 11 trades. So far it has got me a profit of $58.

I was just wondering, if it continues to profit while in the demo account, does that mean it will act relatively the same with a real account? I know that it might not work exactly the same, and it most likely won't. But with these results, would it be worth it to invest real money in?

Thanks!
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Unread 29th July 2013, 12:10 AM   #30
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Default Re: Auto Binary Code? Does anybody have info?

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Originally Posted by backlinkmasters View Post

I was just wondering, if it continues to profit while in the demo account, does that mean it will act relatively the same with a real account? I know that it might not work exactly the same, and it most likely won't. But with these results, would it be worth it to invest real money in?

Thanks!

Again im gonna say. 2-3 hours is nothing worth discussing.
Leave it for a week or a month before even thinking of putting real money.

The other thing is whether your account is set to market rate or "safety rate".

The difference is this.

Market rate will execute your trade the 1st time you click buy.
Whether the market moved during your trade set up, it will just buy according to the current price.
That means, if you were setting up your trade and Gold was at 1300, by the time you click buy it would have moved to 1301, but the broker will still execute the trade. Thus making your order for gold at 1301.

Safety mode which is the default for new accounts with the broker i use basically means if you were setting up your trade at 1300 and it moved to 1301 by the time you click buy, the trade will not execute. They will prompt you that the market has moved thus they did not "approve" your trade.

So the question is this. Ask your broker what kind of execution system is ur demo account and your real account set up with.

Other than that, if both are the same kind of execution system, if it works with demo it shld work in real account.

But u have to test it with long and significant data, meaning test on demo for a month or so with at least 100 trades.
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Unread 29th July 2013, 07:01 AM   #31
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Default Re: Auto Binary Code? Does anybody have info?

Hi Warrior Members
Can some one out there tell me how this Back page Software operates and whether there is any one who has ever used it to get money?
I have tried tens of times using the video tutorials provided but I have not succeeded.
Please if thee is any one out there who has ever used it, just advise me how to..
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Unread 29th July 2013, 09:10 AM   #32
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Default Re: Auto Binary Code? Does anybody have info?

Auto Binary Code Big time scam!

The practice account will give you a return of $18.00 to $25. Per winning trade on a $10, investment however, the real money is only $7.60 per win on a $10.00 investment. This is fraud (I made a video of live trades vs. demo trade). Time to get *CFTC up to speed about this deception.

*Commodity Future Trading Commission
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Unread 29th July 2013, 12:15 PM   #33
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Default Re: Auto Binary Code? Does anybody have info?

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Auto Binary Code Big time scam!

The practice account will give you a return of $18.00 to $25. Per winning trade on a $10, investment however, the real money is only $7.60 per win on a $10.00 investment. This is fraud (I made a video of live trades vs. demo trade). Time to get *CFTC up to speed about this deception.

*Commodity Future Trading Commission
[shake head]

Let me state this for the record, im not supporting this product again.

I have not bought it and i dont believe in robot trading in binary option.

But your reason makes no sense.

I dont blame you though, its just lack of understanding.

Demo account is for u to practice your trading.
But it follows the real live price rates.
The payouts may not be the same.
Because payout is base on volume.

The brokers platform is programmed to alter the payouts base on volumes.

So in demo they may not use that feature.

In demo it doesnt matter the payout, its for u to see how many times u can win, and your overall win rate. Not the profits exactly.

So dont be too quick to cry scam over everything.
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Unread 29th July 2013, 01:47 PM   #34
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Default Re: Auto Binary Code? Does anybody have info?

Just got off the line with Ceder Financial and they are getting many complaints about this platform.
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Unread 29th July 2013, 08:57 PM   #35
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Default Re: Auto Binary Code? Does anybody have info?

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Just got off the line with Ceder Financial and they are getting many complaints about this platform.
well doesnt concern me, i dont use them.
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Unread 30th July 2013, 04:17 AM   #36
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Default Re: Auto Binary Code? Does anybody have info?

Warriors please note:
I am not crying scam “crying because was scammed”.

Scammed by the “AutoBinaryCode” system.

The topic here is Auto Binary Code? Does anybody have info?

Yes, I have first hand info that the Auto Binary Code system does not work in a live account.

The demo account is rigged, it gives fake information.

Some of us warriors have put up real money to test the Auto Binary Code system and now have blood in our accounts.

The Auto Binary Code system is an advertising ploy; used to get newbies as well as seasoned investors to sign up to trading companies (who have affiliate programs) like Cedar Financial.

Warriors beware of the trading platform “AutoBinaryCode” system!


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Unread 30th July 2013, 04:36 AM   #37
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Default Re: Auto Binary Code? Does anybody have info?

Auto binary code is a scam, I tried it yesterday with $100 and lost everything withing 2hrs. it is just a way of making you to signup with cedar finance.STAY AWAY.
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Unread 30th July 2013, 01:55 PM   #38
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Default Re: Auto Binary Code? Does anybody have info?

I have traded options before.
Consider the advertising questionable.
Other brokerage firms will "give you all the pretend money you want" to practice trading.
Took up the "Beta Test" software offer.
Deposited minimum $200.
Day one 51 trades lost $32.40. Max account value $235
Day two 72 trades downhill all the way to $5.00. Never above opening balance.

Opinion - you are virtually certain to loose all your money in present format.

May be possible to gain if better wining reward as mentioned by Keifersfl.
Watched many trades in real time. Many loosing trades not out by much but this is all or nothing trading. Wishful thinking that software could be refined.
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Unread 2nd August 2013, 12:07 PM   #39
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Default Re: Auto Binary Code? Does anybody have info?

First it was binary code, than comes recoded now auto so how many $$$ make from software equal to it isbetter to learn real trading and money management forget the hype skype tommmi88
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Unread 5th August 2013, 07:52 AM   #40
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Default Re: Auto Binary Code? Does anybody have info?

This thread is a real prove about the "Why" I always recommend my friends (and other people that may be concerned), to ALWAYS visit this Warrior Forum and look for warrior's reviews before purchasing any product.
Reading the posts of different warriors you can get to conclussions that strongly reduce chances of losing money.
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Unread 7th August 2013, 07:20 AM   #41
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Default Re: Auto Binary Code? Does anybody have info?

Thank you warrior's Iwas about to put money into this cedar finance but now I don't think i will.I have just had to give up work due to ill health and have found out that the self employed stamp I have paid for 27 years will not cover me for benefits.I have been told as my wife works we have to live on whar she earns. I have spent over 2500 on work from home scams and have earned nothing.So if anyone on the warrior forum can help me earn about 250 a week working from home that would be great. I just want to earn enought to get buy.
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Unread 7th August 2013, 08:56 AM   #42
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by KRut View Post
Anybody have any info/experience with this product?
Absolute rip off!! Took my money and didn't even thank me. You have better odds of going broke with this BS than making a dime. AVOID!!! AVOID!!!! AVOID!!!!!
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Unread 7th August 2013, 09:01 AM   #43
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Default Re: Auto Binary Code? Does anybody have info?

I think I will contact CFTC also. I'd like to find the SOB that's behind this and let him have it.....
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Unread 8th August 2013, 10:49 AM   #44
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Default Re: Auto Binary Code? Does anybody have info?

Today I filed a fraud complaint with American Express
(Under thier fraud protect policy) against Cedar

Finance..... Hopefully that may work...

Also here is the CFTC Info.

Foreign CurrenCy Trading Fraud?

The CFTC has witnessed a sharp rise in Forex trading scams in recent years. and wants to advise you on how to identify potential fraud.

If you have questions, are aware of suspicious
activities, or believe you have been defrauded,
please let the CFTC know immediately.

Call the CFTC or visit www.cftc.gov/TiporComplaint.
CommodiTy FuTures Trading Commission 1155 21st
Street, NW Washington, DC 20581866.366.2382

(Consumer Hotline) 866-366-2382
consumers@cftc.govwww.cftc.gov/consumerprotection
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Unread 8th August 2013, 02:42 PM   #45
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Default Re: Auto Binary Code? Does anybody have info?

Quote:
Originally Posted by keifersfl View Post
Today I filed a fraud complaint with American Express
(Under thier fraud protect policy) against Cedar

Finance..... Hopefully that may work...

Also here is the CFTC Info.

Foreign CurrenCy Trading Fraud?

The CFTC has witnessed a sharp rise in Forex trading scams in recent years. and wants to advise you on how to identify potential fraud.

If you have questions, are aware of suspicious
activities, or believe you have been defrauded,
please let the CFTC know immediately.

Call the CFTC or visit www.cftc.gov/TiporComplaint.
CommodiTy FuTures Trading Commission 1155 21st
Street, NW Washington, DC 20581866.366.2382

(Consumer Hotline) 866-366-2382
consumers@cftc.govwww.cftc.gov/consumerprotection
Wow, thanks for sharing with everyone.

Now this will scare those fraudsters who visit this forum. hahhaa
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Unread 8th August 2013, 11:16 PM   #46
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Default Re: Auto Binary Code? Does anybody have info?

Thanx for the responses guys..

I've been procrastinating lately with building a list etc and I did like the idea of the binary code.

I put $280 into the account and won some and lost some money. (500$ demo money dissapeared)

I got the same gambling feeling that I hate and before i knew it ive lost $100.

I got a pop up saying that I'm more likely to win if I have $280 in my account again so I topped up my account.

So I've invested 300$ so far

I'm on 310$ and I'm just about ready to shut it down, it's horrible.

This thread has made me sign up to warrior forum and that I need to do more research before I buy.

Thanx everyone , I won't be investing anymore money, I'm so naive. Lesson learnt.
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Unread 15th August 2013, 11:54 AM   #47
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Default Re: Auto Binary Code? Does anybody have info?

I trade at OptionBit and in 2 weeks time I made $1900,I can prove it,just ask me and I will show you pictures or real time video.I didn't have a luck with a software,it didn't work for me.Optionbit is a good firm,never made any problem when withdrawing money. I am doing well with them and it is not that hard unless you're emotional person who clicks buttons 67 times per second. System I use is common sense! At Traders Insight table I chose what I am going to trade that day and then I use Turbo option 5 minutes. Just watch your chart,it's going up and down.If you watch 10 minutes to see how chart is moving,you can trade 5 minutes and make a lot of money. It takes patience and focus but it is not a scam. Some firms out there are scam but not all of them. Support they have is amazing. When I first enrolled, guy called me and staid on the phone with me until I made money. He also sent me some good videos and pdf's.
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Unread 15th August 2013, 02:21 PM   #48
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Default Re: Auto Binary Code? Does anybody have info?

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Originally Posted by katarina1 View Post
I trade at OptionBit and in 2 weeks time I made $1900,I can prove it,just ask me and I will show you pictures or real time video.I didn't have a luck with a software,it didn't work for me.Optionbit is a good firm,never made any problem when withdrawing money. I am doing well with them and it is not that hard unless you're emotional person who clicks buttons 67 times per second. System I use is common sense! At Traders Insight table I chose what I am going to trade that day and then I use Turbo option 5 minutes. Just watch your chart,it's going up and down.If you watch 10 minutes to see how chart is moving,you can trade 5 minutes and make a lot of money. It takes patience and focus but it is not a scam. Some firms out there are scam but not all of them. Support they have is amazing. When I first enrolled, guy called me and staid on the phone with me until I made money. He also sent me some good videos and pdf's.
yup, glad for you.
Definitely BO is not a scam.

And your experience haev been good with them, then carry on.

I have nv used them though, so i might review them soon.

Thanks for sharing
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Unread 19th August 2013, 02:28 AM   #49
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Default Re: Auto Binary Code? Does anybody have info?

i have also tried the software and i had money in there i couldn't get out b.c i have no experience with binary trading so the little bit of money i did have which was 76 dollars or so i decided to give it a chances 4 hours later im down to 9.95 blah so i been reading around online and came across that people are using the signals to manual trade with so sre the trade signals legit or are they just as bad as the program is just curious b/c if there good signals i can use the program to manual trade and not auto trade

btw im new to the forums
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Unread 19th August 2013, 03:09 AM   #50
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Default Re: Auto Binary Code? Does anybody have info?

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Originally Posted by Tomlintm View Post
i have also tried the software and i had money in there i couldn't get out b.c i have no experience with binary trading so the little bit of money i did have which was 76 dollars or so i decided to give it a chances 4 hours later im down to 9.95 blah so i been reading around online and came across that people are using the signals to manual trade with so sre the trade signals legit or are they just as bad as the program is just curious b/c if there good signals i can use the program to manual trade and not auto trade

btw im new to the forums
With all due respect.

What were you expecting?

A magic system that can turn your $76 into $76,000??

I would use that money to have dinner with frens or family man.

Honestly if you only have that amount to spare, dont trade.
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