Mike’s Auto Trader Review
This software does not require downloading, it is entirely web based. This means you can easily access it from almost anywhere. Mike’s Auto Trader actually only offers partially automated trading; a range of signals are produced every day from a series of complex algorithms.
The software has been created by Michael Freeman who is a well known within the Binary scene. He is an established investor who has offered coaching to binary traders for many years. The application Mike’s auto trader is not new; although it is regularly updated to ensure it makes the most of all the opportunities available in the market.
There are many people who will attest to the genuineness of Mike’s auto trader system, but, as with anything, there are those who have lost their funds rapidly by following his advice. Alongside Mike’s auto trader software he has happily shared much of his knowledge and potential strategies for free. In fact he has an online following in excess of fifteen thousand people! All of these people were provided free access to Mike’s auto trader software when it went live; without the need to make additional deposits or create new broker accounts.
The system initially required new traders to donate $50 to charity. The receipts were necessary to ensure a running total could be kept; the amount raised so far is over one hundred thousand.
Getting Started with Mike’s Auto Trader
The starting point is the creation of an account with Mike’s Auto Trader. This can be done via an online form on the website. You will also need to set-up an account with an approved broker. The form requires a few basic details and you will need to deposit the minimum funds with your new broker. Although most accept $250 Mike’s Auto Trader software recommends a deposit of $500; this allows you to operate on a basis of five percent per trade.
It is possible to allow Mike’s Auto Trader software to choose a broker for you; although you may prefer to choose your own. There is a good selection to choose from.
Once you have created the account you will be able to benefit from the signals created or simply gain knowledge of trading from the other users on the site and the array of strategic information provided by Mike.
Mike s Auto Trader also has a Facebook group which receives approximately twenty signals each day. This is also an excellent way of accessing the wealth of professional experience and a range of learning facilities.
Features of Mike’s Auto Trader
The true test of any automated system is the number of features available and the ability for you to adjust these settings.
Mike’s Auto trader software already has an enviable link to the most respected binary brokers in the business; this confirms it is a reputable option.
It is a completely free service and you are welcome to use it regardless of your location. This is actually surprisingly rare in the world of binary options!
Getting started is, as described, extremely easy. Even someone with no experience in this type of investing can be up and running in no time. The large quantity of educational resources is also very beneficial. An additional feature, the fact that Mike’s Auto Trader does not need to be downloaded will save you valuable time and computer resources.
It is important to note that Mike’s Auto Trader is not a completely autonomous system. It will produce high quality signals which you can trade with. However, you must complete the trade yourself. Mike’s Auto Trader software will not do it for you.
Alongside this there are not an abundance of signals provided every day. Only the best quality signals are confirmed and provided to customers; this will ensure you have the best possible chance of success. If you prefer to trade more then you may either use a different signal provider or use more than one.
An impressive feature is the ability to see the success rate of trades. The average rate is displayed and updated all the time; whilst this currently says an impressive seventy percent of trades are successful the rate given by Mike’s Auto Trader can change according to how well the trades do.
SummaryRegarding Mike's Auto Trader Software
It is possible to generate a good level of funds using Mike’s Auto Trader software. However, you must develop your knowledge of binary options, be prepared to invest a reasonable amount of funds and have patience. Many traders will find that they start using Mike’s Auto Trader and lose their capital. However, after learning a few key facts the rate of earnings can start to climb.
It is essential to see Mike’s Auto Trader software as a tool to assist you with a long term strategy. This will ensure you gradually improve your knowledge and skill level to become the best possible trader and generate consistent profits.