This autonomous product was created by John Lucrosa in August 2016. It focuses on providing an automated trading solution for those who are new to the binary industry. This review looks at whether there is any real potential in the Lucrosa system or whether this is simply a Lucrosa scam.
Introduction to the Potential Lucrosa Scam
Mr. Lucrosa makes it very clear that he would like to have several people volunteer to test the Lucrosa system and prove just how effective it can be. Lucrosa should be able to generate a profit in the region of $7,250 every day! They have a well put together film promoting the Lucrosa system. However, it does appear to be completed with the aid of actors and makes exaggerated claims which are very difficult to achieve.
It is also worth noting that despite being introduced as a new robot; it appears to have been on the binary scene in one form or another for several years.
Using the Lucrosa System
Lucrosa suggests it can generate in excess of seven thousand dollars for you on a daily basis. To achieve this it would need to place many trades and you would need a significant amount of funds. By monitoring the system you will see it is theoretically possible; the Lucrosa system has been reported to place as many as seventy five trades in a twenty four hour period.
However, this is not necessarily a positive. With this many trades it is highly likely that you will simply lose all your funds in one day. The smallest a miscalculations is all it takes to move from profit to loss. In addition; this number of trades is excessive if it is supposed to locate just profitable trades.
Conclusion – The Lucrosa Scam
It is highly like that this is simple a Lucrosa scam. However, it is not possible to say this definitively. You would be advised to use a different system if you are looking to trade in binary options. The Lucrosa scam will simply relieve you of your money.