Trading in binary options seems like a very simple proposition, doesn’t it? You take a currency pair such as the US dollar and the British pound, and then you try to guess whether the value of the dollar will go up or down, against the value of the pound after a certain time. The whole concept does look quite straightforward and this is the reason why many people go into binary options trading.
But underneath this seemingly simple setup are a whole lot of complicated calculations, strategies, and techniques necessary to get a winning percentage that enables you to make real money. This is something that newbies realize just as soon as they start trading. Sometimes to get overwhelmed by the information they need to learn that they eventually give up. And that leads us to Binary Options Bullet – a program that, in my own experience, actually makes binary options simple.
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Features of Binary Options Bullet
Binary Option Bullet is a binary robot that offers suggestions on the trades you need to make. It tells you the currency pair you need to look at, and when to make your trade – you don’t have to do anything else. It’s like taking a test, and then being fed the answers by a much smarter classmate. Only this time it’s not cheating at all.
It costs $67.99 and with this one-time fee you get lifetime access to updates and customer support. The installation may be not be that simple for some people, but you can just email customer support if you have questions and they will guide you every step of the way. And that makes it easier.
The signals are provided for EUR/JPY USD/JPY and XAU/USD (gold). The program requires the use of the MetaTrader 4 trading platform. Once it is installed and running, the program then displays any signals for the hour or day.
The short term signals can have a 15-minute, 30-minute, or one-hour expiration time. Your best bet is to stick to the one-hour expiration time, as it has proven to be the most accurate.
You get a popup sound alert when a signal arrives, and you get it through email as well.
Binary Options Bullet comes with a lot of advantages. For one, it is very accessible and affordable, which is not always the case with binary robots. Many of them cost more than a hundred dollars, and a few are reputed to cost more than a thousand dollars. Second, it is also very easy to install and use. Because the new version of the program also sends the signals through email, you can be on the go and still receive the signals on your smartphone. But the most notable advantage of Binary Options Bullet is that it really does give quality signals, and it’s correct about 75% of the time. That’s the average over a long period, and some months are even better than others. So is there a downside? There is one actually—it only gives very few signals each day. About 1 to 3 signals are sent to you each day, and some days you won’t get any signals at all. The program has specific filters that help make each prediction more accurate, but these filters also cut down on the number of opportunities you can have. You can turn off some of the filters to get more signals, but that will decrease the quality of the signals. They won’t be as certain as they were before.
Conclusion
So if you value the quality of the signals over quantity, then Binary Options Bullet is suitable for you. It’s actually ideal for beginners in binary options, as the few deals help newcomers get their feet wet in the trade.
With newcomers who have day jobs, the average of two signals a day can help supplement your income nicely. With a 75% accuracy, on some days you can get two correct calls and earn some money. On other days you just get 1 correct call, so at least you minimize your losses.
For example, a beginner can place 2 trades a day for $100 each with an $80 payout. When the two calls are right, that is a daily payout of $160. But on alternate days when there is only one correct trade, the loss is just $20 (you win $80 but you lose $100). Since on average, 3 out of 4 calls are right each time, then every two days you average $140. Not bad for doing nothing except follow what a computer program tells you!
With Binary Option Bullet, trading in binary option is really simple, and winning money is made easy. No wonder more and more people are using it!
This review was written upon the request of Bujiboy
