Binary options robot Ubot
Utrader Company provides automated Ubot trading service for more than a few years already, and probably every trader who was interested in automated trading ran into advertising of this service on the Internet. At the same time, some say that ubot is the robot that brings money while the others say that it is a losing mechanism or that ubot is a fake.
Let's make it clear where the truth is and where the lie is. Especially having the automated binary options trading service gained its right to be a part of exchange trading.
Ubot 2.0. Reviews are pretty random.
Some traders have this robot trade for a long enough period of time, earning a lot of money and it is an indisputable fact. Others after connecting their trading terminal to the ubot 2.0 service, are scratching their heads today thinking where to get the money to fund their blown deposit. Ubot robot received completely opposite reviews.
Ubot 2.0 robot algorithm
The operation algorithm of automated trading mechanism appears to be a conventional replicating of trade executions. It means that there is nothing fundamentally new in the ubot robot operation. It operates on a system that is used to trade profitably in the financial markets for a long enough period of time. To be precise, the Utrader Company is constantly gathering statistics and evaluating client trading. Those traders whose trade statistics excess 70% for a sufficiently long period of time (i.e. for 70 winning trades there are only 30 losers) are identified as a separate group, which is the generator of trade orders for the ubot robot.
If the trades of one trader are replicated, then you will depend on the way of thinking, experience and professionalism of one man. In this case, if a trader does not trade today for some reason, then and the system of trades replicating will not trade as well. At the same time imagine that the system of profitable trades of thousands of traders is taken into account. At the same time, one of them is trend trading, the second one is a long term trader, the third is scalping, the fourth is following the trend. That is, in the Ubot 2.0 robot “brain” a huge amount of trading signals on different trading systems are generated, which are summed up using the particular algorithm and the signals to be replicated are extracted from them. That is, all traders’ risks are very high quality diversified due to using the signals of different trading systems. Thanks to this approach, the profitability of trading signals, which are sent by the ubot robot to your trading terminal for execution, is sometimes more than 70%.
Of course, losses in such case are also possible, as we need not to forget about the 30% that remain in the system in the form of losses. What does a robot do? Ubot takes you to the overall profit by increasing the size of the next trade. That is, similar Martingale approach methods are applied, only more forgiving. In fact, the ubot is a very profitable algorithm.
What is its secret?
Utrader Company cannot prohibit traders with small deposits to connect to the U-bot automated trading system. Since, if the client wants to trade, in accordance with the terms of trading, Brokerage Company should provide all the necessary conditions, and more than that, because it is under control of financial regulatory authorities.
This rule also applies to automated trading, in which the company has no right to limit its client.
Let us now think it over. In case the size of the minimum deposit at the Utrader Company is 200 USD, and the minimum trade amount is 20 USD, and there are clients that connect to the “binary options ubot” service with a minimum deposit, the robot will trade the minimum allowed trade size precisely. Thus, in case of loss, the robot will double the size of the subsequent trade, the amount will already be 40USD, and in the case of a second loss in a row, the trade amount will account for 80 USD. It is not difficult to guess what might happen next.
After all, trading in the financial market, especially during the flat period, easily brings 3-4 losing trades in a row. Thus, any trading system will generate a certain amount of losses that you just have to "survive". Money management exists for this very purpose. Namely, the use of not more than 2%-5% of deposit size in one trade. At the same time, in the case of trade approach of multiplying size of trades to exit the drawdown, the size of trades should be minimal if the deposit is not less than 2000 USD. To provide sufficient “deposit” overload strength it is recommended to trade even with a deposit of not less than 5000 USD.
Traders who operate under these conditions at automated trading give the most positive reviews for ubot as with the help of a profitable algorithm which allows the use of the positive experience of thousands of traders they earn very large sums of money for several years in a row. At the same time, those traders who start trading with ubot robot with a minimum deposit, constantly blow their deposit, making the most negative advertising for U-bot.
You decide what the U-BOT is, an obedient and highly profitable robot or two-faced monster. And while you are thinking, at this very moment someone continues to make profit with this robot. Especially, with the fact that the manual mode trading is also possible with this robot, this makes trading even more predictable.