Review: The Golden Goose Method Binary Options Scam
The Golden Goose Method is the new name for the Binary Pilot trading software (Original Review)
The developers of this software have changed its name to avoid the bad press you would see from this site and many more if you searched for a review…
In this review I will outline the main problems with this software… if you require more information please visit Binary Pilots original review
The golden goose method claims to trade Binary Options for profits but I seriously doubt this
First Of all never trust free software …..Even software that can produce tiny percentage gains on any trading platform would, and does command a high fee…So ask your self why is it free ?
99% of the time it is because the developers are working with the trading broker….
Trading brokerages struggle to attract enough traders and will offer anyone commission for the new “sign-ups” they create…. in many cases that commission is a cut from new traders losses..
This means the software developers can profit from your trades without you needing to buy the golden goose …. but they will make more if your trade’s lose.
The Second reason for my doubt is…….. binary options are extremely difficult to profit with ….I have read a few success story’s…..but they are definitely in the minority….
While researching binary option trading my self I reviewed over ten different approaches to trading. Although some were more successfully that others there was no approach i would ever recommend….
Dodgy Binary Brokerages
It also sad to report that there is a rising trend of sham brokers popping up around the globe in places you’ve couldn’t even find with a map…
They do this to avoid international law. It has also been well documented that some sham brokers do this to avoid returning deposits and in some cases so they can manipulate the option prices for there own gain ..
The Most Worrying Fact
I discovered with this software was that to use it with a selected brokerage. You are required to enter all the log in and password details for your trading account..
Handing out the usernames and password for account that contains personal details ….Not to mention card or payment details is never a wise decision…
You are not only giving this software full control of your trading but you are also giving them access to your money…
Once you know that the developers will profit from your losses and want your personal and payment details to trade for you ….It is quite easy to see that this is not a good idea !!!!
If you are set on starting out binary options trading my advice would be to invest in the best training you will find……But Unfortunately i don’t have a recommendation for you ….
So if your still keen its best to do some research ….
If you are interested in other ways to make money including some other types of trading please visit my Top Systems Page … I can explain exactly how different systems can and do make money …With all the good and bad points ….that way you can decide for yourself….
You can also join my mail list for news and updates on anything I find in the future
Thanks For Reading