Binary Options Trading Beginner Basics

This post will cover the very basics of Binary Options trading, and it will do so with a short presentation video, linked below.

Full disclosure: We get paid a commission fee if you sign up using any of the links on this site.

We will help you understand the basics of Binary Options trading such as:

  • How does Binary Options work?
  • How do you enter a trade?
  • Where can you go to get trading support?
  • What about signal services and trading support groups?
  • Is Binary Options a scam?
  • How can you really make a lot of money with Binary Options?

Learn how you can join over 2,000 Traders just like you as part of an exclusive trading group and find out how you can:

  • Register for Free
  • Avoid paying any monthly membership fees to a group that consistently delivers over 80% accurate signals
  • Get over 30 signals per day from expert traders and top admins that get paid to deliver good signals every day (except weekends, of course)
  • Learn how you can participate in live webinars and take live trades during webinars with step-by-step explanations and trading support
  • Trade market news such as the monthly NFP (Non-Farm Payroll) that can rake in thousands of dollars
  • Get the support of a group of traders that feel like family

Join the group and read the posts on this site to find answers to all the following common questions:

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  • Binary Options Results

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  • Binary Options Scam Or Not?
  • Binary Options Worth It?
    • Yes, without a doubt. It also protects you against the more recent market volatility.
  • Can You Make A Living With Binary Options
    • If you have a win rate of 80% or better, or follow traders that spot winning trades 80% of the time, you will definitely be able to live off trading Binary Options
  • Can You Really Make Money Trading Binary Options
    • Yes, you surely can really make a lot of money trading Binary Options
  • Forex Binary Options
    • Trading Forex Binary Options is one of the most popular trading assets
  • How To Always Win At Binary Options
    • You cannot always win at trading, no matter what the scammers tell you. As long as you get at least 65% or better, you should be fine.
  • How To Trade Binary Options
    • So glad you asked! That’s what this post is for.
  • Is Binary Trading Legal
    • Yes
  • Most Reliable Binary Option Broker
    • In the USA, the most reliable way to trade binary options is through the Nadex exchange since they are fully CFTC regulated.
  • Risks Of Binary Options
    • The risk in trading Binary Options is getting the market direction wrong more than 60% of the time, get that right, and you’re golden.
  • Tips For Option Trading
  • US Binary Trading
  • What Time Do Options Start Trading
    • Below there is a handy world clock widget that shows you the current GMT time, follow the link to see the market opening times that matches your timezone

World Clock

Moneta Method – SCAM SKUNK!!!

UPDATE: YAY!! We put MonetaMethod out of business!! Their site has been shut down!

Full disclosure: We get paid a commission fee if you sign up using any of the links on this site.

Moneta Method scam shut down

We’re so glad that we have saved a lot of people a ton of money by warning them to not invest in the MonetaMethod scam. Looks like all the hard work has paid off and we shut them down!

For better alternatives, see these reviews: http://easytradingsignals.com/top-signal-services/

 

 

Moneta Method binary options trading system from Stanley Williams reeks of scammy skunk! In my previous post I said I would check them out, and I did, and I’m not happy with what I’ve found.

At first there were some problems to get my account linked up and approved, so since they have such a nice big inviting sign to tell you to contact them at support@monetamethod.com if you need them, any time of the day or night, any day of the week, I did that – see, look below:

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So that’s what I did, fully expecting the guys from Moneta Method, or maybe even Stanley Williams himself, to reply and help me out to get things started. But, wow, was I WRONG!! This is what I got:

My email got blocked by the Moneta Method support, and you’re welcome to test it out yourself. Just send an email to support@monetamethod.com and you’ll see that it bounces like a rubber ball! I sent Stanley Williams three emails, from different accounts and spread out over the whole weekend, just to see if the error was on my part, but it’s clear – THEY ONLY WANT YOUR MONEY!

Do you know why I say that? Because although all my emails to them bounced, I have received a total of 7 emails (SEVEN!) over the same period, and all they keep on asking me is to deposit my money. The people from Moneta Method are apparently only interested in taking your money from you, since that is all I can deduce from them not responding to multiple support requests.

This really got me mad, so I dug a little deeper, I was actually trying to find out if I could contract them some other way, and then I spotted the office address in the email they sent me:

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That made me feel better, they at least have a valid address and maybe I could contact them somehow, get my sign-up sorted out and start testing! So I quickly looked up that address on Google Maps, and this is what I found at the offices of Moneta Method:

Moneta Method is located at an empty lot!

I believe I have found what the Moneta Method is that its creator Stanley Williams constantly refers to, it’s taking people’s money, and then hiding! Now, if you don’t believe me, by all means go ahead, but don’t say I didn’t warn you.

Now, I know how online businesses work, not all of them have fancy offices, because they’re online, I get that. However, giving out an empty lot as your business address does not instill a lot of confidence, and when you then also bounce back all emails to your support email address, then things just start to go downhill very fast.

If anyone from Moneta Method gets to read this somehow, you’re welcome to contact me and set me straight if all of this was simply one big misunderstanding. Maybe your email server blew up, and the empty lot is where you’re going to build your offices. If I’m wrong, I promise to update this post and create a new one to set things right. Somehow I doubt I will be hearing from anyone at Moneta Method.

If you want something real, with a real person behind it, that will actually answer your emails, go for Mike’s AutoTrader (plus free access to his Facebook Group), or even Keith from OptionXE. They’re real, they care and your emails won’t just bounce back!

 

Moneta Method Binary Options Auto Trader – SCAM SKUNK or SLAM DUNK?

The Moneta Method auto trading software is currently in Beta testing, so if you like getting in early on a deal, this might be for you.

Full disclosure: We get paid a commission fee if you sign up using any of the links on this site.

I’ve looked at their presentation video and there are a couple of things that stand out, they aren’t claiming you will make a million in a month, so that is good. They claim to have been involved in creating multiple types of trading software over the last 12 years, so that also counts in their favor. They also state that it is not a get rich quick scheme, but that they deliver steady profits – all good.

Things started to get a little weird when the guy, Stanley Williams, started talking about how the Roman Empire used “Moneta methods” to control the finances of the people. The Moneta Method auto trading software claims to use the same tricks the ancients used to control finances, but this time it works in your favor. The Moneta Method algorithm was created some years ago, but could never be implemented successfully due to computers not being fast enough, or so the author claims. Now that computers have become much faster – totally agree there – they claim that their software is now capable of running their Moneta Method algorithm fast enough that it is profitable in actual trading.

They claim that some big bankers were interested in purchasing the Moneta Method auto trading software from them in 2014, but that they decided to keep it for themselves, and officially launch it somewhere during the 4th quarter of 2015 to a group of bankers at a fee of $125,000 per month.

In return for getting in on the Beta testing phase of the Moneta Method auto trading software, they ask that you write a review or do a short video testimonial of your results – fair enough I guess.

From their video it seems that it is possible to run their trading software in either auto mode, or in manual mode. I like that you have the option to switch between the two modes, and I will be testing that out.

I followed their registration process, and got assigned to the BeeOptions Broker, I’ve had an account with them before and I trust them. Once you’re done with the sign-up process of the Moneta Method, you get a short video that steps you through how to deposit money with the broker that was chosen for you. This is a fairly standard procedure that you will find with almost all auto traders.

Here’s what their trading board looks like, I checked a couple of the trades that were in “Open” status and it looked like only two of them ended up losing, but you’re welcome to check for yourself. I honestly think that the $1,8 million profit figure does not reflect someone’s live account though.

Moneta Method Trades

They claim that an investment of $250 dollars in your initial trading account, will give you profit of $200 per trading day, trading $25 per instance, which means that you would need about 10 successful trades and no losses. If there are losses, you would obviously need more trades. In theory this is all possible, but it remains to be seen if the Moneta Method auto trading software will deliver.

I will be posting updates on how this goes, but from past experience, I can tell you that I’m not convinced you will get $200 per day from this auto trader with only a $250 account.

So is Moneta Method auto trading software a Scam Skunk or a Slam Dunk? It’s too early to say with definitive proof, and I like to be fair, so I will reserve my final judgement until after I have seen some results. Their beta testers are at least not simply paid actors as far as I can tell, and they’re not promising you to become an instant millionaire, but whether they can deliver on their promises remains to be seen.

If you are interested in testing this out for yourself before I post my update, follow this link: Moneta Method

Moneta Method