Bots Live trading Room is an online trading community platform that focuses on teaching new traders from experienced traders on how to trade online. It contains new beginners and advanced traders. The master trader in this community has 15 years of experience in the forex trading market.
Cost of purchase: $97 biweekly
Free Trial: YES
Website: CLICK HERE
The purpose of the Bots live trading room existence is to purely teach about trading techniques. The advanced traders share their ideas and experience about the live Forex trading market on their windows such that it is passed down to the newcomers in the community. The new traders get to watch the live trading styles used in the system from the master expert trader as well as from other advanced traders.
The best tips about trading are reviewed by the traders so that it helps new beginners take the best from the MT4 trading platform shared online.
The main idea behind the showing of Bots live trading room is to help traders learn trading ideas better as well as learn trickier methods in the trading systems. This assigns learners with better critical trading ideas they can use for their good use in the future.
The main idea behind the showing of the live trades is to help people learn trading the better and trickier way, so that it gets easier for the learners to take critical trading decisions on their own in the future. That’s because, one of the most important things that helps in earning money through forex is the right timely proper decision making.
If the decision making part is done right most of the time, then rest of the things fall into rhythm and things work the right way. That’s why decision making is the most important thing.
Moreover, there are many traders who would not like to rely on tools and indicators right away immediately on starting trading. They would rather take some time to understand things from the core to manually operate trades for better experiencing. These traders who wants to learn from their failures and hurdles would find the Bots Live Trading Room as the perfect platform to learn trading the best way.
He trades on the most popular currency pairs-USD to JPY, USD to GPB, EUR to USD. He finds the best signals happen at 60 seconds, 2 mins, and 5 min trades. Using these signals are an excellent way to trade Forex, too.
You will find at times he uses 15-minute signals, too. The advantage of the 2- and 5-min signals is that you can open an account with GTOptions, and they sometimes offer a promotion. When I first started, for example, you could get 5 risk-free trades.
Franco makes use of different trading strategies that he executes in accordance with the expiry times. He uses different trading indicators and lines as a way to build and execute trading strategies.
I should also note that he makes use of the Martingale strategy, which is good because it minimizes losses. If you are a newbie to trading, it may be wise to use a different strategy for now.
But don’t fret. there are plenty of other options:
Batman: Once the candle closes, you can place the trade right away. After you use the bat signal, wait for the remaining pink arrow on the 15-minute chart.
Tony D: This rule states that the dollar controls everything, and you should always pay attention to DX. (It will become easier once you see it in action).
Dr. Natalia: You can only place a trade most recent candles on 5/15-minute charts BOTH have pink arrows AND a white arrow on the 1-minute chart.
Humphrey: You may place 7-15 trades at one time.
LSR: You can only do 30 second- or one-min trades with this strategy.
How Is the Support?
I found the support to be amazing. The fact that you can talk to Franco right there on the platform is fantastic.
And, you get to speak and communicate with other traders via email or an open chat window. The trade of ideas is the second coolest thing about this next to the trading of binary options.
Here I will list out the main features of the program and what I really liked about it, and also talk about what was not so great. It can help you decide if this is something you’d like to pursue.
Pros
The win rates are 85%
Over a decade (15 years) in trading
The platform is VERY user-friendly
Trading happens in real-time
A free trial is offered
Support offered from real live experts
Cons
Costs $97 every two weeks
You have to be ready to learn a LOT
It’s all about maximizing your strategy
You may have to devote time to learn this program.
The first thing that I like about Franco’s service is that he offers a free trial. He gives you access to the chatroom for a day to watch his trades and all the members trading commentary.
This is reassuring because you can witness what goes on and how people are doing with their day trades. Is it proof that it will work for you? Well, no. Still, most services won’t even give you a free session!
The free session is just for a single day and you do have to input payment info. I can’t find any complaints about this though and it seems that you can just cancel after the free trial and you won’t be charged. You can do PayPal or credit card.
The biggest benefit that we find this platform provides over others is its large community of expert traders in the binary options space.
This community aspect is something that we find missing in most other binary options trading services, and it is this aspect that usually determines if a beginner is able to keep up or lags behind just to give up in the end.
There is no jealousy or competition in the community as everyone is very open-minded and transparent, willing to share what is working and what’s not with all other members at all times.
From this service, we have made many friends in this industry and learned from their many years of trading insights to make sure that we maximise our profits generated from the signals. There are constantly professionals participating at all times, so there is no need to worry that you may be left alone at certain times of the trading day.
The room shows a great number of charts on a daily basis along with news and major financial events.
Live chatting between members is also available...
Live Trading with chatting (Forex and Binary Options)
Develop trading strategies based on proprietary charts
Community Room offering in-depth discussions regarding any aspect of trading success including Risk Management and the required mentality to achieve long-term success
Trading education regarding all different types of financial markets
The option for live trading along with professionals creates a good opportunity for beginners to understand how things work. BOTS is a signaling service covering intraday traders (Forex and Binary Options).
• Focuses on Forex Majors (especially EURUSD, GBPUSD, and USDJPY)
• Timeframes from 1 minute to 15 minutes
• According to the BOTS website, traders need to dedicate 2 hours on a daily basis
New addition to the system, Forex trading signals
Also works with Forex
As mentioned earlier Franco’s trading signals can now also be used in Forex trading. This is a very interesting and a useful addition because as most traders agree Forex is where the real money is. With a big trend and a considerable price movements you can make a lot more than 75% of your trade amount, at times you can make as much as 300% and more!
In addition to huge earning potential in Forex you have the ability to place stop losses on your trades. In binary options if you lose you trade, you lose 100% of your trade amount, in most cases, unless your broker offers 5% return on losses (you still lose 95%).
In Forex, where you can place stop losses, you can set them to 20% of your traded amount and when the price action moves against your trade you will only lose 20% of your traded amount. You don’t have to be a genius in Maths to understand how setting stop-losses can improve your overall chances of earning money with trading.
The use of Martingale strategy
To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. Martingale strategy is basically taking another trade soon after the first one with double the trading amount. The idea is that your winnings will outset the losses of your first trade. Needless to say a Martingale strategy can be very risky if used recklessly and we don’t recommend it for novice traders.
Francos trading charts and screen
There is a slight learning curve in the beginning but after three trading sessions or so even a complete beginner should be able to follow Franco’s signals and be successful in trading binary options or Forex.
On request Franco can also help you set up the professional charting software on your computer and with the same technical indicators that he uses on his screen except his ‘top secret’ buy/sell entry indicators which supposedly took Franco and his team years to test and develop.
Running the same software on your computer (additional monitor should be used) can really help with your entry timing, especially if you’re experiencing any lags in your Internet connection.
Many traders who have signed up for his system go only by what they see on his monitor claiming that it is enough for them to trade on and that they don’t actually require to install any additional software on their computer. To be fair, the trading room and Franco’s screencast is shared in HD resolution via MeetingBurner, a dedicated professional online software for screencasts and meetings.
Traders, you don’t need to put a lot of information to join Franco’s binary signal. You can either choose Monday free trial or open an account by providing billing information.
To open an account, simply go to their website and signup with your name, email address, and password.
After providing the personal information, you have to go to the next page to fill a form with billing information. because you can only get immediate access to this trading product or service once payment is approved.
Customer will find two payment methods; one is Credit card and another is PayPal.
If you want to pay through Credit card then need to fill the signup form with cardholder name, card number, and all the usual requiremnents.
For customer who wants to pay through PayPal, just enter your country name and zip code. The country list will be there for you.
Getting the binary options trading signal app and being a member of this platform would cost you $97.00 in every two weeks.
Finally, agree to the payment terms to complete the checkout process.
The team will not get any benefits if you lose money in your trading. As their main goal is to educate people so, they try to help traders by providing trading tips and tricks.
For that reason, the platform recommends traders to follow the commentary and not to trade by yourself.
It is a transparent trading system operated by many experienced traders. On the other hand, you will not find any scam activities because the trading app is operated by a human.
The trading signal app is legitimate and more than two thousand people use it. So, you have nothing to worry about.
If you're thinking to open an account with binary options trading signal by Franco, then we will strongly recommend it for you. You should grab the opportunity. Being a member of Franco’s investment team, you can earn profits.
It will also help you to earn extra money with a little investment. So, you can set your mind to purchase Franco’s app without any fear to lose money.
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