Automatic trading is nothing new to the investment world, just something new to Binary Options.In order to fully explore how robot trading works I started with a simple Google search for binary options robots. I chose the best looking result from the SERP and this is what I found. BinaryAutoTrader is an automated signal service provider and binary options robot. This website is a service for binary traders that places trades automatically into their accounts, similar but not quite the same as copy trading. When you copy you choose a person to follow and copy their trades. A binary options robot is a program that literally takes over your account, can you believe thatIt may sound crazy, but its true. One type of robot is a third party program that you download onto your computer. In order for it work you must log into the robot AND have your Binary Options account open as well. The robot program detects compatible trading platforms and takes control. Any signals generated by the service are picked up by your robot and then traded in your account. The robot enters trade information like asset, amount, direction and expiration. It then clicks the enter button and your trade is set. Hopefully its a good one.Another type of robot is much more useful to todays social copy trader. These are also known as EAs, expert advisers. These programs can be used with MT4 and other types of charting software to generate signals based indicators and strategies commonly used today. This type of robot can be used for copy trading, you can follow the signals as they appear if you want too, but you can also use them as a basis for learning. Choosing a good metatrader expert adviser is the key, one that you know is good and one that you can use as the starting point for a strategy. Add to it a set of rules and money management and you are halfway to becoming a binary options high roller.Robots might no suck because they can take the hassle out of trading. The robots are a signal service at heart so if you choose a really good one it stands to reason that profits will soon follow. Anything that can legitimately enhance my trading and provide sustainable profits doesnt suck in my opinion. The caveat here is that robot providers as a group are just as likely to have a losing streak as anyone else. The best ones and only ones that I use are the ones that generate signals based on standard and accepted technical analysis techniques.Some robots definitely suck no matter why they might not suck. Are you kidding me First, you have to know my opinion, and the general opinion of BinaryOptionsthatSuck, about signal service providers we dont like them, unless they provide a legitimate learning experience. At not time is it a good idea to let someone else trade your money for you, especially some robot you find on the internet.The worst robots are the ones that take over your computer. Its like downloading a virus on purpose Why would you want to do that Even though you can still use your computer while the robot is working you never know what kind of hokey pokey nonsense is going on.I dont want to be too harsh against the businesses and people involved, especially those who are really trying to do a good job but come on people, learn to trade for yourself. If you are using Binary Options you really need to do it yourself, this is not investing its trading. If you want someone to take your money and lead you to profits, invest in a real retirement plan.One more thing. Binary Options auto trading robots cost money. You have to subscribe to the service and pay a fee, and for what So you can let someone else lose your money. If all you want to do is lose you might as well save the dough you would spend on a automated robot and have some fun yourself. There are too many free sources of tips, strategies and signals not to mention social trading platforms like CommuniTraders to waste any money paying someone for it. Check out this famous AutoTrader for Binary Options review (link above) and see for yourself.To the creators and operators of robots my hat is off to you. You have created a really remarkable and amazing way to trade the binary options markets. To the potential users of a robot, dont trust them too closely. In many cases they are nothing more than the same old thing with a new twist. You should never let someone trade for you like that. If you need a place to get started an EA is a good place to do it, just remember to build it into a real trading system. Do the work, put in the time and the rewards will follow. Seeking the easy path often leads to failure. If you need help with something visit the forums at BinaryOptionsThatSuck and CommuniTraders. You will find all the help you need from our team of professionals and the hundreds of other binary traders you will find thereZenith Options is a Scam. You will not get your money back. Horrible Customer Service.This binary options provider is corruptn in the other direction there are plenty of Binary options providers that offer great service and fast withdrawals.BAD IDEAI signed up with Binary Robot after this spiel about a guy giving you 1000. Ti was also called Big Money Giveaway. It was just a come on that you could get a bonus of 1000 from the brokerage. But I signed up, saw no bad review: So heres oneBINARY ROBOT IS A RIPOFF. I think they are working with the brokerage to take your money. Almost every auto trade they did for you without your consent was a loser. In less that 8 hours I LOST HALF MY MONEY So I shut it down. Stay away.please everyone out there who looking for an binary option robot platform BEWARE stay away from OPTION FM do not ever listen to their sweet talk for you to deposit money and they will match 100 bonus of your deposit amount. They will on phone in all means talk you into depositing they will promise all kind thing e.g 100 bonus, make 500-1000 dollars a day. There way of talking to you are very pushy always asking for more money. I tell what happen to me 3 weeks ago I deposit 5oo I never saw my 500 bonus in my account at all. All I saw was the robot put 9 losing orders out 10. So I ask them about my bonus where is it and also stop the robot placing orders. they email me back not enough documents to make a withdrawl.
