Australian (ASX) Stock Market Forum

Has anyone here used the Binary Options Robot?

I am thinking of using the Binary Options Robot, has any one here used it?

Rule 1: Never use a trading robot that you haven't programmed and backtested yourself.
Rule 2: If you can't program yourself, apply Rule 1.
 
Hi, i have been trading with binary options now for 7 months. I have used binary option robot when i was complete newbie, but nowadays i don`t need it. So for newbie it is okey to use.
 
I have to admit, after the latest single-post reply, I was sufficiently intrigued to Google the term. And the Search came up with a website that bragged "up to 500% profits".
As comments in many scam warning threads on this Forum will warn: Never ever fall for a sales pitch promising outrageous returns! If I had a program like that, I'd keep it under wraps, mortgage the house to the hilt, and relocate after a couple of years to the Bahamas or Monaco; then I'd only run it as required to finance my lifestyle.

btw, like any good scam, the domain of the website in question is "private". Neither location nor owner's name are provided. Yeah, right!
 
It reminds me of the flood of Forex robots that were about a few years ago. Only these look likely to blow up your account much quicker. :)
 
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