Binary Options software is everywhere in 2014. Absolutely everywhere. As of yet, after a dozen reviews, I’ve not come across a single one that does what it claims to. Is this Daily Results review going to be the first one where I’m pleasantly surprised? You’ll find out soon enough.
For those of you who aren’t familiar with the concept, Binary Options are a way of trading the stock market by betting on which way a particular stock is going to go (up or down). It’s similar to what’s known as Spread Betting.
There are new programs coming out every week which claim to have created a software that automates this betting process and have a very high accuracy.
In other words, you get rich on autopilot.
Daily Results In A Nutshell
Daily Results Syndicated Software is one such piece of software. It has supposedly made 74 millionaires in the last 3 months. Right now, the owner/creator/guy-on-the-video is giving it away for free, before it is released to Wall Street for thousands of dollars.
All you have to do is sign up, get the software, and the first $12,000 is waiting for you inside! Sounds too good to be true right?
What’s Strange About Daily Results
Right from the get go I started to suspect that this was just another BS product. I think the fact that it used the same voice-over guy as at least 2 or 3 other products was a good hint.
There are loads of things I spotted about the whole thing that left a foul taste in my mouth, and even before I entered my email address I knew that I was stumbling across another Binary Options product designed to take your money (despite claiming to be free).
Here’s a quick list of what was suspicious:
1. The fake sense of scarcity
It’s a classic sales tactic, making you think the product is going to run out soon, or that it won’t be available any longer if you leave the page.
The thing is, they’ve said they’re giving this product away for free until Christmas. That’s 3 months from now, so why pretend there are only 10 copies left? After 2 minutes, there was supposedly only 1 left.
Shortly after that, I was told that I could only see this video once, and if I left, the opportunity would be gone. This is also a lie, because I’ve watched it many times now.
Does this spammy sales tactic mean the product is going to fail though? Not necessarily, but it should at least start the gears in your brain whirring to the possibility that everything is not as it seems.
2. It claims the other software products are real
Most of the time people claim all the other programs are indeed scams, and that their one is legit. The idea is that people have been bitten before, but are will to trust you because you agree that there are lots of scams.
In this video though, he claims that all the other products are REAL. It’s been proven here and on dozens of other websites that they’re scams, so why lie about it? Unless your product is also…no..I won’t say it yet.
3. Wall Street is willing to wait for 3 months
Supposedly Wall Street knows about this product but is willing to let the owner give it away for three months, before buying it themselves later.
Right, because that makes sense.
You’re a Wall Street trader. Your job is to make as much money as possible. You find out there is a software being given away for free that will make you and your bosses millions in 3 months. Instead of getting that free software, you say “It’s fine, I’ll wait 3 months, not make the profits, then buy it from you for thousands of dollars instead”.
We’re only a few minutes into the video at this point, and there are so many questions. We don’t even know how the software works yet, so let’s just keep watching and see. Maybe we’ve jumped the gun a little and are just being naive.
Wall Street traders could just be being selfless here…stranger things have happened.
It goes on…
As the story continues, we learn that this software has been going for 12 months, and they’ve been dragging as many members into the site as possible. Some have been around for 12 months, some have been around for just 3, but they’re all very successful now.
Wall Street is coming, and this is our last chance to win big before they shut down the good margins and stuff.
This is also kind of strange, because the domain name was only registered on August 28th 2014. Maybe they didn’t use a website before…
The rest of the video is centered around repeating the words “$12,165,” “Millionaire” and “Your turn now” to get you to sign up for free and be exposed to the next part of the sales funnel.
You do find out a little more about the “software” though. Essentially Daily Results is a syndicate of experts who review what works and what doesn’t work, look at a whole bunch of data, and update their algorithm to get excellent results.
If only an algorithm could predict something as random as Binary Options trades though. It is after all, akin to tossing a coin.
What Happens When You Sign Up?
Let’s suspend belief for the time being and assume that you still went ahead and signed up. What would you see inside?
Not a lot! You see some “live updated accounts” which just look ridiculously faked. You also see a clock start ticking to sign up. Here comes the high pressure sales.
Now that you’ve made the commitment and told Steve Foley (we finally find out his name), that you’re interested in Daily Results, it’s time for him to get paid. Yeah, not you..him.
Unfortunately here is where Daily Results shows its true colors. The exact reason why I don’t recommend it is because it’s exactly the same as all other programs.
Steve tells you that in order to get the software to work, you have to sign up with their “trusted broker”, open a new account, and credit it with funds so the software can start trading.
This broker, “OptiTrade”, has apparently been their trusted broker for years. The whole software is catered around their platform, and get this, the software only works with new accounts!
This is where Steve gets his money. You see, the broker has a minimum deposit requirement of $250 USD (which is crazy), and when you deposit funds, Steve gets a huge commission from the broker.
So yes, he’s given you software for free, but you’ve earned him mega bucks in the process. That’s why you need to open a new account. The commission is only paid for new signups.
The whole Daily Results charade is designed to get you to this very point.
The “trusted broker” is just one that other Binary Options programs haven’t used yet. Remember Steve wants you to open a new account or he doesn’t get paid, so he’s relying on the fact that people might have accounts with other brokers (after being bitten by a similar program).
It’s not been around for years at all. Not even months.
Wait..If This Is All Complete BS, Why Are There So Many Other Good Reviews?
That’s a great question to ask, and you shouldn’t rely on just one review. You’ve probably noticed that there are dozens of positive reviews littered around the Internet, in Google, maybe even on Reddit.
This is because Daily Results has a commission platform of its own. If you get people to sign up to Daily Results, which gets them paid by the broker, then you in turn will get a share of that commission. That’s why you see so many fakes reviews with this kind of program.
You can see all the details below:
Always do your research when checking out online programs. When it comes to Daily Results, and Binary Options programs in general though, stay as far away as possible.
This is just another “No” in the long line of “No’s” I’ve given.
How Does Daily Results Compare?
Binary Options trading programs all come down to essentially one thing: You’re betting your hard earned money on a coin flip. Successful businesses are not built this way! You can’t expect to make money this way.
I’ve Tried That has been reviewing ways to make money from home since 2007. In that time, there’s one program that stands above the rest. It’s free to get started, has no ridiculous hidden charges, and will help you build a sustainable income from home.
Let’s see how Daily Results compares…