Binary Option Brokers

They are capable of determining outcomes because they can figure in large amounts of data that has been gathered over time to reach conclusions.Unfortunately the software is not capable of doing all the work itself. Anyone who uses the program must possess at least a basic knowledge of binary options trading and how it works to be able to successfully use any auto trading software. This valuable type of knowledge can be easily obtained on websites such as ours.Well when it came time to put Mikes Auto Trader to the test we were not disappointed at all. It was as good as advertised and we have come to expect those types of things from Mike it is one of the reasons he has such a big following when it comes to binary options trading.We decided to set up an account on GOptions so we could use the software that Mike freeman designed. Once we downloaded the software (again it was free) we were very much impressed by the fact it was its own design and not a copy of other binary robot software. We found that the download and setup was very easy to do with the software.We set the parameters in the software to make 30 trades when the proper signals came in that conditions were favorable for a profitable trade. The software was also placed in a mode that made it select the trades on its own. Mikes Auto Trader started to recognize some winning trades right of the bat and all we could do was smile the program really does work. We guess that the 12,000 followers that he has on you tube were there for a reason.First it is important to note that Mikes Auto Trader is not a true 100 auto trading program. It is better to call it a signals analysis system. Mike has proven over time to his many followers that he is very good at picking winning signals and he has somehow managed to capture a bit of that magic in his auto trading software too. The program will actually analyze how you want to trade an asset, compare the signals on that asset and then suggest the type of trade to be made. Mikes Auto Trader will always give you the final choice on whether to place the trade or not. There were a few suggested trades that we chose not go with and we will explain that in a little more detail later.There were a total of 16 trades that we placed originally and of those we had 11 trades that were winners. That was not a bad start at all almost 75 winners and we averaged over a 60 return on investment in those trades. We used a lot of matched currency pairs that included the USD/CHF pairing because that is what the software gave the strongest signals on while we were placing trades.It also must be mentioned that we did not accept every trade that the Mikes Auto Trader software suggested to us. So our results are skewed a little bit in that regard, but it was only two or three trades we did not accept during the testing time period and these might have been winners but we did not track them. We are not so trusting with our money when first using auto trading software, so we double checked the Mikes Auto Trader signals against some other signals charts that we like. This confirmed Mikes signals a large majority of the time. The Mikes Auto Trader software does not have any signal charts of its own to compare to.As with all auto trading bots there is no such thing as a stand-alone auto trader. They all are required for use with one of the brokerage sites they are compatible with. Mikes Auto Trader also claims to be a 100 auto trading software, but we did not find that to be the case as it does not place trades automatically as we mentioned before. It always gives you a choice to make the suggested trade or not.What does qualify it as being an auto trader is it does spot some very strong signals for you and then suggest some trades that are more often than not profitable. So other than the final choice and placing the option, it does the rest of the work until you make the final choice after it makes the trading suggestion.Mikes Auto Trader might not be ideal for everybody to use, especially those who are looking for 100 fully auto trading software to place actual trades for them (even though this is riskier than having the software offer a trading suggestion like Mikes Auto Trader). The software does not claim that it will make those that use it rich, but from our test and what we have seen from other reviews, it all points to the software program being able to produce consistent winners.I dont know about you, but anytime I am making even a little money on my binary options trading I am adding to my investment account and that is much better than subtracting from it. We certainly are recommending that it is an auto trading program that is very worth taking a look at by anyone.As you have already realized from our discussion on broker complaints, it is not smart to use a robot that only works with unlicensed brokers, or brokers with a bad reputation. Also, never deposit money into a brokerage account until you see the robots settings page.The terms high frequency trading, algorithms, and automated trading are thrown around Wall Street like they are no big deal. When a Wall Street firm builds a trading system, it is designed by stock market analysts and then back tested to near perfection before it goes live.As you have already realized from our discussion on broker complaints, it is not smart to use a robot that only works with unlicensed brokers, or brokers with a bad reputation. Also, never deposit money into a brokerage account until you see the robots settings page.The terms high frequency trading, algorithms, and automated trading are thrown around Wall Street like they are no big deal. When a Wall Street firm builds a trading system, it is designed by stock market analysts and then back tested to near perfection before it goes live.Binary Options Robots offer an amazing opportunity to tradethe binary options market.