Covert Millionaire League Review — Is It Worth Buying?
Covert Millionaire League Review — is it really working? This article has been dedicated to reveal the secrete of Covert Millionaire League.
Covert millionaire is about to be launched and it is already been touted as the best binary options robot there will be. Of course, not the first time we have heard that so, just like you, I am taking it with huge pinch of salt. The price, at which the software will sell, is yet to be quoted. The only thing I know is that it will sell for a ‘huge price’ once the limited open spaces are filled up. Presently, the Covert Millionaire league is being offered for free, yes FREE! Wait, even if you get it for free, you are guaranteed free future unrest of your life! Well, enough of these sales copy stuff, its time we get down to what matters.
The website does not detail the exact strategy that Covert Millionaire League uses. The only thing said is that it is a complete autopilot system. For starters, this means that once you buy it and set it up, nothing more is expected on your part. You just have to sit and watch it do its thing, and hopefully collect your profits afterward.
The product author, Connor, says that Covert Millionaire league was developed by some of the best programming minds in the world, who were contracted by former floor traders, Mike and Pete. Mike and Pete were among the best in their job when they were floor traders and they wanted to automate their strategy because they were tired of ‘shouting and hustling’ with other floor traders. We can therefore safely assume the best strategies have been incorporated into the Covert Millionaire league.
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The major point of contention I have with software is its money management strategy. In his presentation, Connor says that he deposited $200 in his account and within six months, his available balance was $993,881! Well, I actually have my doubts but he backed this up with ‘pictorial evidence’ of account statements. So, let me give him the benefit of doubt. However, from personal experience, I know that for a system to post such super abnormal profits within a short period of time, then, a major part of successful trading (money management) has to be sacrificed. Here is what I mean, for a system to post such phenomenal growth, huge bets have to be made each time, probably, more than half the capital value. If this is done, you only need one single trade for you to significantly dent your account. A single trade can nullify an exemplary profit record obtained earlier. This is one area that Covert Millionaire League takes for granted based on the values presented on their website.
Connor also goes on to illustrate how the software has changed his life- he now lives a good life and his parents are also enjoying the best services (medication and social services) life has to offer. This cannot be verified though. What immediately raises my eyebrows is how he advises the potential buyer to open an account with some broker. The broker, as he says, is of international repute, certified, and one of the most trusted in the world. You all know what that means. It is most likely an invitation to trade the binary options market, and to do so with a particular broker. Most probably, the software has been developed by the broker, or the broker has significant interests in it. Maybe, it’s a marketing gimmick- and a good one for that matter. Whether it can give you the returns posted on the website remains to be seen.
Verdict
This is just one of those self proclaimed ‘holy grails’ designed to lure you to the binary options market. To back this up is the fact that a good part of the end of Connor’s video involves waxing lyrical about how a good broker, and not those ‘gurus and scammers’, is necessary for your success. This of course is true, and we do not need Connor to remind us. There is no mention of the broker- at least not until you enter your personal primary email, where you will be sent more marketing rhetorical before being prompted to open an account with the particular broker. Your money is better off under your mattress!
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