Protected Profits Review – click http://www.forgetbinary.com to find out the truth about how to really make money online.
If you’re looking at this, odds are you’ve been wondering about Protected Profits and you’ve typed in a search for “Protected Profits scam” or something like that to attempt to see if it’s as great as it’s cracked up to be in the promo video.
Protected Profits is a binary options trading application and the marketers who released it suggest that the signals it provides have such a high success rate that users of the app are guaranteed to earn unbelievable profits virtually overnight, without needing any previous experience whatsoever and without needing to set aside more than a couple of minutes a day on it.
Binary options trading is effectively a type of trading where a predetermined profit is earned by just predicting correctly if the price of a particular asset will go up or down over a defined (short) time period (sometimes as little as 1 minute) – if the prediction is that the price will rise, this is referred to as a “call” option; on the flip side, the opposite is called a “put” option.
The assets in question can take a variety of forms, for example:
– Commodities, like precious metals, oil, corn, wheat, coffee etc
– Forex, in other words the relative values of currencies for example USD, Euros, GBP, AUD, Japanese Yen and so on
– Market Indices like Nasdaq, FTSE, Dow Jones, DAX etc
– Shares in publicly traded firms such as Apple, Nestle, Deutsche Bank etc
Since binary options trading might appear, to the layman at least, to be a simpler trading method than more traditional investments, it has risen in popularity over recent years, attracting more and more people with little or no grasp of the markets, trading or any of the risks involved and who, as a result, generally lose significantly more money than they actually make.
This in its turn has fuelled a steady increase in the number of online marketers looking to take advantage of the fact that there are all these people looking to the web hoping to find rapid, simple ways to earn money with as little work as possible.
By claiming to have discovered a “secret loophole” or “stolen banking secrets” and invented a piece of software that exploits a “glitch in the system”, eliminates any element of risk and can 100% guarantee almost instant riches to everyone who uses it, it’s simple to see how these marketers are able to get so many people to open up trading accounts and deposit their hard-earned cash.
While the app may be given away for free, these marketers still make affiliate commissions (generally around $200-$250) each time they refer a new paying customer to their broker partners, where the minimum deposit required is usually…you guessed it…about $200-$250.
The question you’re no doubt asking is, does the Protected Profits software work? What’s the truth behind the Protected Profits system? When you know there are now well over 260 binary apps currently being sold and new ones being released practically every day, all making identical claims of overnight riches, it seems improbable – when you think about it, if a single one actually did produce the results it promised, there wouldn’t be any demand for more to be made.
But by tapping into 2 powerful human emotions – desperation and greed – these marketers are silently making fortunes off each new product release…making their money from PROMOTING the products like Protected Profits instead of actually using them to trade.
That is where the REAL money is being made – in learning how to make sales online. In my experience, most folks turning to binary options are not actually wanting to make money from trading, simply for an honest way to earn money from home.
By getting a grasp of how to generate targeted internet traffic and turn that into sales, then automate and scale up, internet marketing offers a realistic way to earn an excellent income and build a long-term business that ultimately works for you, even while you sleep, 24/7 for those who are prepared to put the work in.
This can be done through selling other people’s products (affiliate marketing), your own products (product creation), referring prospective customers to other businesses (CPA marketing) or any number of ways.
If you’re tired of losing money on unrealistic programs that promise earth-shattering results but don’t deliver and prefer to take the time to learn the skills required to build a real internet business, go to http://www.forgetbinary.com.