Option Robot Review - Trading Live Demo Binary Options for Money without your own Money

Hey guys, today we're going to be doing a review of the Option Robot trading platform or robot. And what we want to do here is I'm going to leave a link in the description how you sign up for free and get a demo account with the optionrobot.com, but I'm going to be doing it and I'm also going to be showing you how to use it, use a technique in conjunction with our Trade Binary Options Without Your Own Money video so that you're able to take advantage of this software and get your trading signals or calls so you know what to trade. So first, what you wanna do, it's a very easy registration. Just needs your name and email, and it can be a made-up name. It doesn't have to be your actual real name. And you just go into demo mode, and you're gonna come to this screen that you're looking at right now. And if you go to your left-hand side of your screen here, we want to go down to Settings. And when you hit Settings, you're gonna see it takes you here to Basically this page here where you can select what currencies you want to trade, how long you want to trade them, and what technique you want to use, whether it's the classic martingale or Fibonacci. But in this case, we're going to use— we're going to select martingale here, which is already selected. And, uh, if you look up here at the expiration time, we're going to select 2 minutes. And if you come over here to the trading amount, I'm just going to leave it at $10. And where it says the maximum amount of simultaneous trades, I'm going to select 1 because we only want 1 trade happening at 1 time. you know, in order that we are able to, uh, use our martingale strategy, um, that we're, you know, using in conjunction with our other, um, uh, trading system. And, uh, as well as that, I'm gonna talk about the software and how it works and if it works, so it will be a review as well. And, uh, you know, what, how we need to use it, and, and, or if it's even worth using, and what we need to look out for. So after I've selected that, I'm going to go back to the overview. And then you see here where it says push AutoTrade to start. I have a demo amount of $1,000. So as I hit the button, trading has begun. And you can see in the corner, um, It's up at the euro and it's set for 2 minutes and it's gonna run and I'm just gonna let it run and we're gonna see if, you know, if we're gonna win the trade and I'm gonna make comparisons on how to use this with the Markets World platform. Now, just a few things. I'm in the demo mode, um, and the problem with optionrobot.com— one problem is the Marcus Rural platform is not compatible with this, so it won't select trades automatically for you. So, um, in one system I use, uh, basically as I'm running it, um, one trade at a time under 2 minutes as I've demonstrated, uh, you, you need a second computer so that you're manually calling your trades at the same time. Because it's a few re— it's a few reasons why I, I think that's a good idea. Number one is the obvious reason, you know, we can't use the optionrobot.com automatic trading, uh, system with Markets World. And, uh, uh, we need Markets World for the platform to work because we can wager a minimum bet of $1, which we can't do with any of these systems here. So that's a, you know, that's a huge, a huge issue. So we will have to call the trees annually. Now, as I let the system run here, we're gonna just see how well it does, but I have already demonstrated the OptionRobot.com system and a few things, and it looks like I lost on that trade, which I did. I lost it. So now it's running a— it's running the next trade, and we're gonna see how we do on that. But Basically, what we need to do is call the trades manually for right now. And, you know, as I was saying, as I ran this software over a course of about a month or so, I found out that a few things— it does seem to worked to a certain degree, but I noticed over time that my account got a slow drain. And each time I tried it, it ended up doing the same thing, which, uh, and it, it kind of became the stalemate where I didn't really lose a lot of money, but I didn't make any money. And because of that, uh, I'm gonna have to say that the, the Option Bot or the Option Robot here, for me, it didn't get me the results. It didn't ultimately get me the results that I wanted. And part of that is because when you selected on auto trade, um, and you walk away from the system, it's still trading continually. So, um, if you set it to manual or if you just shut it down and you monitor it, you know, like what we have to do in our trading system anyway, you probably would get better results. But, you know, basically what I saw was over time it did basically slow drain the account, and I ended up not winning anything. So I don't think I would invest in this system, and I did win the second trade. So this works good. As you can see, as soon as it jumps right to the next trade automatically, but if you look at my balance here, yeah, I did, you know, I did win on that, on that, you know, on that next trade. And so that would work good with our system over, you know, or our video strategy trade binary options, you know, without your own money, or trade binary options for money without your own money. So this would work great with that because it'll give you the signals free, what order you need to place. So the problem again is you got to be fast a little bit because, you know, you got to try to put your order in. So it's a bit inconvenient, but again, this system Uh, if you use the optionrobot.com system with the, uh, brokers that it integrates with, they got a much higher minimum trade, and that throws off our entire system because then you're going to run out of money. You're not going to be able to go 8, you know, up to 8 positions, uh, or, you know, you're not going to be able to, to, to miss 8 in a row in order to lose because um, you know, you're just, you're just, you're going to be risking astronomical amounts of money by the time in a martingale strategy you get to position 8. So, um, with ours, with being able to place, uh, trades at $1, we can get the 8 positions, uh, at, um, at only $825. Um, and, uh, with that system, that would mean we would have to we would have to lose 8 consecutive trades in a row, you know, which as I underlined in the last video, it just seems almost impossible for me, you know, for that to happen. And then I, you know, as you can see, I won the— well, actually they are— it's execute the next trade and it is the euro. But let me take you back over here to settings and let me show you some advantages of the system, how to use it in conjunction with our system, and then, um, make some, uh, calls on if this platform or is— or if this bot can be useful to us in the future. Um, now as you can see here under currencies, we have several different currencies highlighted. Now you can do this, you can uncheck currencies, uh, here that you don't want to, uh, use. Like, say for instance, if you just wanted to, uh, use the Euro/Pound, you just leave a check mark there and it would only trade, uh, that currency. So that's, that's actually really good because then, uh, you'd only get signals for that. Um, and, uh, it can be, you know, uh, very advantageous to you, especially if there's a certain situation going on with a particular currency and you just want to trade in that particular currency. But the reason that we check every, um, currency when we trade is because, um, because our wages are so low, only $1 per trade, we need to make up with that in, um, and faster trades and make up with that on time. So we need signals on all currencies because what will happen if you just check, say, one currency You know, you would have to wait, you know, in some cases a long period of time in order to, you know, get your trade executed. And because our wages are so low, we want a system where we can just keep knocking them out trade after trade after trade. As you can see, if we go back to the overview, it's constantly pushing trades up there. Now we got the Japanese yen and we've won our last trade. As you can see, the balance is going up. So the system is working right now. But again, after, you know, studying this system for a while— and I said a month earlier, but it's been a lot longer than a month, it's been several months— and, you know, just putting some hours into researching and seeing, you know, what it's gonna do. You know, but what— where this can be good, I don't know if I touched on it in the, in the, the video trading binary options for me without your own money. I don't know if I touched on it, but there is a limit with the Markets World platform, and the limit is you can— or the maximum wager is $1,000. So, um, you know, that's a, that's a problem when we start to get into the future progression of binary options because, because we have that limit, we won't be able to go past that wager. But with this platform, you will. So that's why I think this platform could be handy in the future, provided that, you know, a proper system could come, can be figured out how to use it and how to stop that slow drain on the account, you know, what to do about that. And if we were to go out 8 positions, you know, with, you know, this system, I think $10 being the lowest trade to get the 8 positions, your, your last trade would have to be $5,000. So you're talking about $5,000 on one trade. So you brokers that will allow you to make a maximum trade of $5,000. Now, the brokers in this network, I doubt highly that they allow that. I think the maximum might be $2,000, and, uh, so that could, uh, you know, prevent that, you know, from, from, from working properly. But you could reduce it down and, uh, still get out to 8 positions where you would be able to— oh, I'm sorry, you couldn't. You couldn't. So it couldn't be done unless they increase the maximum amounts you can wager. So I would have to look into that a little bit further and see if each one of these brokers has a max trade that high, because each broker is several dozen in the network. This is quite a bit. It may be 20 or 30 or so. So, you know, you know, they're— I'm not sure if they're, they're all different or if they're all part of the same broker. See, my, my issue with this type of integration is that all of these brokers that are in the network, because I haven't investigated them and don't know much about them, don't know if they're owned by the same entity, it could be that they're all owned by the same people. So, you know, the problem with binary options trading is you never know A lot of these brokers aren't regulated, and, uh, um, you know, um, uh, you have to be mindful of that and careful of that. So I will proceed with caution, uh, and I do notice that Marcus World is not a part of this network, and I, I noticed that Marcus World doesn't have a, a trading robot that I'm aware of that integrates with their system. So all that is, um you know, raising a lot of flags and, you know, making me very fearful of using this system the way they have it designed for us to use it. Again, the only way I could see it really being effective and useful is if late, you know, if later on you've had a lot of success under our system or some similar system and now you find that you, you know, want to wager more, you want to make more money because the dollar wagers that we're using is just not enough for for you, which it won't be for some people with the amount of time that, you know, has to be invested in it. Um, you know, so it could become, um, you know, um, uh, um, you know, something you might want to consider or do. You know, another thing with these dual trading accounts, if you've probably noticed, a lot of people say this, so I have to believe it's true to a certain extent. When you're trading in demo account mode, you're always winning, you know, you're just winning all this money. And then when you go live or you go to real account, uh, you notice you're not winning as much, that you're not having the same success that you had trading in demo account. So what's kind of the reason I want to try to use this demo account in conjunction with Marcus World to a degree is that, uh, if that's true And if people do win more in demo trading mode, maybe we can integrate that and use that on the Marcus World platform, and it can work to a degree, which I've done. And I've had, uh, you know, quite a bit of success using it with this, uh, and using it with, uh, over at investing.com site, which is shown on the, uh, the other video, which I'll post in the link. But if you see right here, back to our balance, we are winning, you know, we're from when we started. So you can see that, uh, it, you know, it is working. It is working. And these trades that are being called are, uh, winners. You know, they're winning to the point and we're not losing as of yet. But like I said, as you let the system run on and on, uh, it does slow, slow drain. So it's possible that what we see here on our balance here, it can easily go back to where we started or well below. And I've had that happen on several occasions. Definitely want to, uh, uh, understand that could happen, and it has happened to me many, many times. So, um, it's not like, um, the example I give for using that martingale going out 8 positions like in the other video where I've tested it time and time and time again and just haven't been able to do it. Well, with this, it's happened so many times, I'm convinced that you start trading with this robot, eventually it's gonna slow drain your account unless you have a very good exit strategy. And so far with this, I haven't found a, you know, a very good exit strategy as of yet because I don't know when the slow drain is going to start and when I'm going to start losing trades consecutively. And if I can't go out to, you know, several positions, um, you know, I'm gonna end up losing. So overall, you know, my idea about optionrobot.com, you know, is that for right now, use it in demo mode, use it in conjunction with our other system, um, and, um, you know, if you find that your account is you know, not being profitable the way you like, I suggest discontinuing this at least for a while. You know, maybe discontinue using this for about a week, go back to Investing.com, see how Investing.com goes, and then, you know, you know, maybe after you build back up or you're doing a little better with that, you know, alternate, switch back to the OptionRobot.com. And as I'm recording this screen, I can't really show you and jump over to another computer. But what I will, you know, say is that as the trades come up, like how you look up here, you got the Australian dollar trading and you got the expiration time running here, which it seems to have frozen or something. Go over, let me see if I can refresh it. Okay, and I think the other thing you might have to look out for, but, um, you know, but again, you know, as you can see, the Australian dollar, when the, when the, when the call come up. Um, basically you want to be putting that order— so you will need 2 computers. You want to be placing that order in with, um, uh, with Mark on the Marcus World platform simultaneously. So you basically are just using it like a signal, uh, that's all you're doing. That's your signal, that's your call. And what you want to do, uh, if the If the trade's been running, uh, like say, um, you're trying to place your order in at Marcus Rural and the 2 minutes it has ticking down, um, to like a minute below, a minute and a half or 90 seconds, just wait for the next trade. Don't trade if it falls below 90 seconds, and you'll see it up here under the expiration time. If it falls below that, just wait 'til it calls the next trade. Try to make sure you're catching it when it's at about 90% or above, because then that way you can execute your trade. You know, as we— and there it is, it's moved over now. We had got a little bit of freeze in there, but you know, as I mentioned earlier, you know, what can happen is over a market's roll, you could have a system freeze, or it may not execute the trade in time. So you want enough time for that trade to be executed and for, you know, the market to have time to move in your direction. And again, because, you know, initially you'll be going out at least 4 positions, you have to miss 4 consecutively in a row or miss 4 trades in a row. So that's probably, you know, it happened, but your chances are less likely of that happening. And another thing that's great about this is that it's, you know, we have all the currencies checked, so it's calling all the various currencies. So you got a great amount of diversification, and that's making it a little bit harder or you're basically trading over the market overall through that. And it's making it a lot harder for, you know, you to lose consecutively in a row. But you start off at 4 positions, and hopefully the goal is to get up to 8. But you can use our other videos to either first grow your account to about $325 or to grow your account to $825. And that's being the goal. You really want to get up to the $825 in order to really have, you know, success in this. And again, I'm gonna, you know, leave all the information in the description. I would recommend if you've come to this video before watching my video on trade binary options without— for money without your own money. If you've come here before watching that video, I would recommend watching that video first so you're not lost. You know, although this is a review on the optionrobot.com trading software, you know, it's also, you know, you know, we're also using it in conjunction with uh, the Markets World trading platform. And, uh, um, uh, because of that, you know, you need to understand, you know, how we're doing that. You know, you know, if you, you know, like to know more information about, uh, how we trade without using our own money, uh, that way if we do lose a trade, uh, the, the, uh, the technique behind how we do it is by using passive income streams in order to finance our trades, and we compound it in a way, uh, you know, in which, uh, you know, it basically ends up like our trades are for free. So coming from that position, we're almost in the state of, okay, uh, you know, we're, um, you know, we're not really losing the money. And what's also very good about that is some people may ask, well, if I'm getting the passive income into a certain level Why, you know, why not just keep the passive income stream? Well, you can keep the passive income stream, but just like any investment vehicle, you take money that you make and you invest it in order so you can grow more. So using this system in conjunction with the passive income stream basically is going to allow you to, you know, maximize your profit potential. So that's all I want to say really about the option robot, you know, trading system here. Um, you know, that to be careful, that, um, I don't think, um, you know, it works long term. Uh, short term it works, or if you use a system where you got to lose 8 consecutive trades in a row like the one, uh, you know, I just explained over at our other video, uh, then I think it can work. But, um, just going in and using it as is, I, I can tell you from experience that I've done that. And even though you see the profits up $44 in just the time I've, you know, spoken during this video, that can easily change and has with me several dozen times. And I've actually went below the amount of my balance. So you definitely want to be mindful of that. And if you have any questions, please feel free to place them in the comments. You know, if you like information like this, please continue to watch our channel. Please subscribe because we're gonna be continually bringing you, you know, information on how to trade binary options, how to trade them smart and wise, and how to trade them without risking your own capital, you know, so to speak. So again, take care and Uh, happy trading.