Product Name: Binary Informer
Product Owner: Sean Walker
Advertised Price: Free
Real Price: $200 Deposit
What Is It?
A binary options app that makes trades for you with 96% accuracy.
There is absolutely no reason to believe that Sean Walker is real or that there's a software that can reduce the amount of risk in trading binary options.
If this is your firs time to the pony show, you might be surprised that Sean Walker is not a real person, but a made up name played by a voice actor. You can see here that these guys come up with all kinds of interesting names and stories to explain just how they came across this “one of a kind” software
Well, I guess it's not one of a kind, and yes, I've heard of it before. So there's the first lie (albeit a small one).
There's also no reason to believe that the accounts he shows as proof are real, or that he has many any money trading. Creating fake screenshots is easy, or taking screenshots from an account doesn't mean that he made the money in the way he says he did.
In fact, searching for Sean Walker in Google turns up nothing about this guy. If he was in fact trying to sell a special kind of software to trade like this, wouldn't there be some kind of press release? Don't you think the Wall Street pundits, Yahoo! Finance, Business Insider, and all these other finance journals would be writing about it?
Risk, Reward, and Forex
One tactic this guy uses to sell you this junk is to spit a bunch trading jargon at you. His ‘legal spying software' that connects to bank servers is an absolutely ridiculous concept.
What's even more silly is that he expects us to believe that his tactic has somehow evaded traders for years, and now that he's discovered it, he's giving it away for free.
He further tries to make binary options seem less risky than Forex. Forex is old news these days because of all the guides and scams that went around a few years ago. He's assuming that someone who's still watching the video at this point tried and failed at Forex. It's a marketing ploy, don't fall for it.
This product is nothing new, and is not just a poor product, it's an outright scam. Trading stocks inherently involves risk, and as soon as you start believing that there's a way to eliminate risk, you are opening yourself up to getting taken advantage of.
Making money online is possible, but it takes time and the right training. I don't do day trading because I don't want to take on that much risk (I do long term investing). A few years back I learned how to create simple websites that earn money, and I've now built an entire online business based on that. You can learn how to do what I do at Wealthy Affiliate.