Millionaire Blueprint Review

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Millionaire Blueprint is a new binary option robot, which promises very high and quick returns. I decided to test this automated software and find out whether these promises are realistic or not. In this review I go through the following things:

  • What is Millionaire Blueprint?
  • Main features of the software
  • Can you make money with it?
  • Are promises and testimonials real or fake?
  • How good is this binary robot relative to other robots?

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What Is Millionaire Blueprint

It seems that nowadays new binary robot is launched almost every day, some of them, such as binary hedge fund, are really good, while others are  horrible and you only lose your money if you use them. However, with a few simple tricks, it is very easy to distinguish scammers from honest operators.

When you arrive for the first time on the website, a video starts where a person who is introducing himself as the founder of the program John Hutchinson, tells how he was invited to a elite group which were able to make million by manipulating a secret method of currency exchange online.

This all sounds very promising for sure, who wouldn’t like to make cash as quickly and easily as possible. But the question is, can you do that with Millionaire Blueprint. To find that out, let’s take a little closer look what this binary robot actually is:

millionaire blueprint system
Millionaire Blueprint is advertised as easy money making system. But does it actually work?

Millionaire Blueprint System

Millionaire Blueprint is binary investing program which claims to be designed to make millionaires. It operates on same principle that more popular robots use and have some of the same features. So there is not actually anything unique about it. While some of these features are truly brilliant, not one of them is, better made than its competitors.

John Hutchinson claims that everything the software does is based on currency manipulation. However, he does not mention anything how this manipulation is conducted. Currency market is by far the biggest market on the planet (of 2010, average daily turnover was estimated at $3.98 trillion) so there definitely is room for quick cash if you know what you are doing. But this also goes other way around, if you don’t know anything about it, you can lose your investments extremely fast.

In addition, Hutchinson advertise that free places are left only thirty. The reason why number of spots are limited is that the current members earn so well that they are reluctant to share their secrets more larger group. All this mystery makes me a little suspicious towards the software. Why there is so little information about how currency manipulation is done? Why the developer has decided to limit user group so small? Huge promises requires also some concrete evidence to support the claims. Next,  I will examine how the features of the software fulfill these promises.

Millionaire Blueprint Features

  • 100% Automated. This software is advertised to be 100% automatic. This means that after the first introduction of the software, the investor should not have to do anything actively if he does not want to. This is anyways not entirely true. This robot is actually a signal indicator in the same way, what Mike’s Auto Trader is. A final decision on the use of signals is left to the investor himself, the software will only supply trading signals.
millionaire blueprint signals
Millionaire Blueprint is not actually 100% automated even it is advertised as such. Trader have to manually accept every signal that is provided
  • Alleged 82% average win rate. Software developers claim that it can reach 82% win rate, which would be remarkable high, taking into account that these are the figures that best binary robots barely make. I always have extreme suspicion on such promises, especially when any no comprehensive trading history is available. Without the evidence, promises are just promises should not be taken with great seriousness.
  • It is 100% web based. It is always a good thing if the software does not require you to download anything. you will save computing power of your computer (especially important if you wanna you use the robot with smartphone) and you can always be 100% sure that anything supernumerary is not installed into your computer. I have also noticed that the web-based binary robots are generally more reliable, and work more smoothly.
  • No knowledge, previous skills or experience required. Like all other binary robots, Millionaire Blueprint does not require any previous skills. However, because it is not 100% automated you need to be present when you set the trades. If you choose to use this software, I recommend that you not try to pick the signals, but use  every signal when you are able. That is because if you do not have the necessary skills and experience of making correct interpretations, these kind of decisions should be left out because you are more likely to do yourself harm than good.
  • Compatible mac, windows, android, and mobile devices. This is quite obvious, but decided still to go through this. Since Millionaire Blueprint is web based, it is compatible with every device which able you to go to the internet.
  • Compatible broker sites? I could not find information about compatible broker sites from anywhere on the website. This is always little worrying. Either all the most trusted brokers do not want to cooperate with software developers or compatibility is not been mentioned for some other unknown reason.

Can You Make Money With The Software?

I could not find any confirmation of someone that had earned large sums of money by using this robot. Therefore, I can not say 100% sure if this software is even able to make profit in binary option trading. If you want to use reliable binary trading software, which is for sure profitable, I recommend you to use one or more of the robots below:

  • Best Binary Option Robots ( Best free automated trading software, thousands of investors have earned huge sums of money with these robots)
  • Binary Option Robot Review (Complete review and scam investigation)
  • Copyop ( New revolutionary way to make money, earn simply by copying the best traders. And if you are a good trader and get someone to copy you, you can also earn cash in that way)
  • IQ Option ( This great broker site have its own free signal indicator)

Millionaire Blueprint Scam or Not?

This software is not a scam as its actual meaning. This program really makes trades and provide signals. Whether these signals are profitable in the long run or not, I can not say for sure, but certainly you will not earn nearly $ two million in three months what John Hutchinson advertise at the beginning. But the following text what I found from the website made me really question honesty of this software:

“The Millionaires Blueprint sales video is fictitious and was produced to portray the potential of the Millionaires Blueprint 3rd party signals software.”

This means in practice that the claims and testimonials presented on this website are fictitious. That is, the people in the demonstration video are actors and they have not really earned anything with this software. Because of this sentence, I recommend everyone to stay far away from this software and to invest in only using trusted binary robots.

millionaire blueprint review
One of the fictitious testimonials that can be found from the website.

How to spot a Signal Service scam?

The binary trading is flooded with several ancillary service providers that include automated software developers. The huge choices in the market make it very difficult for the traders to select the right partner.

Today, we will provide you some pointers which can be used to differentiate the bad ones from the market.

Ambiguous Promoters

This is one of the most common techniques used by the scam artists wherein the real promoters or the developers of the robot hide behind the fake names and fake identity. Generally, they use the services of actors to showcase the effectiveness of their software. Also, they use a very famous name and inform visitors that they have been in the wall street for several years to grasp the knowledge of markets, in this way they hide behind a series of lies to weave a trap for you.

So, as an informed trader, you must conduct an online research about the promoters on the social media sites, and other platforms to assess the identity of the promoters.

Unprecedented success rate

This is an another technique deployed by the scam artists wherein these artists make extravagant claims about the software and claims to make you a millionaire in a month. Though this sounds very attractive and most of the traders fall for it, you should put such claims under lenses.

Exaggerated claims are used to lure the visitors, but actually, it may be a ploy by a scam artist to take all your hard earned money.

No mention of the principles

You would agree that there is no magic wand to provide successful trading signals. The services of the trading signal services must be based on some established principles. These principles are then converted through mathematical modeling to develop the algorithm to provide signal services. No mention of the principles behind the software development is one of the biggest indicators that it might be a scam.

Generally, the scam artist camouflages their principles behind the “Secret formula” tag. Such service providers should be scanned thoroughly, and if in any doubt, must be avoided.

Hidden Association

Another technique used by the scam service provider is that they hide their associated brokerage houses. If a signal service provider is associated with an established player then we can trust them, but if the signal service provider is hiding the information regarding the associated brokers then it is a warning flag.

If the information about the affiliated brokerage services is hidden from the public eye, then you must start searching for another service provider.

Finally, it is very difficult to identify the bad ones from the abundance service providers, but the above are some of the pointers which can help you identify the bad ones easily.

Compelling Reasons to Join Option Robot

The rise of the binary market has also provided impetus to the ancillary services like Signals. There are several signal service providers in the market but there are few who stands out because of their consistent performance and robust customer support system. One such robot who is the front runner for the top slot is the Option Robot. The Option Robot system is designed to provide effective signals and has the most user-friendly interface for the customers.

There are several compelling reasons for using the signal services of the Option Robot and some of them are enlisted hereunder:

Multi-broker compatibility

The main reason for selecting the Option Robot is that it is compatible with several reputed brokers. This means that the big guys in the binary arena trust the services provided by the Option Robot, and hence there is no reason why we should not. This also provides an array of brokerage choices for the customers. The list of the brokerage houses associated with the Option Robot is StockPair, BinaryTilt, Tropical Trade, amongst several others. Also, the list of associated brokers includes some of the licensed brokers giving a solid boost to their reputation.

Free to use

Even though the Option Robot utilizes the solid trading principles to generate signals and execute trades, the software is available at no extra cost. All you have to do is to enroll in your preferred broker through them to utilize their services. You can deposit the funds in the broker account through them and use automatic trading services absolutely at no cost.

Comprehensive Asset list

The robot works equally well with all the categories of assets, and hence you can trade in as many assets as provided by your preferred brokerage house. This makes it a unique proposition in the market, as many of its competitors work only on currency pairs.

Winning rate of 83%

The Option Robot algorithm is developed on the sound technical principles to provide accurate signals. The software claims a success ratio on an average of 83 percent, however, our testing suggests a winning ratio of over 70 percent almost all the time. This is one of the main reason why we have been recommending the Robot for quite some time.

Finally, it is clear from the above discussion that the Option Robot has some of the most compelling reasons to get selected as a preferred choice of signal service or automated trading.

Tips to Improve Signal Service Efficiency

Though the signal service providers try to provide consistent accuracy, there are some minor fine tuning which can be used to improve the efficacy of the signal services.

Avoid events

This is one of the biggest advice, as any upcoming event can increase the volatility of an underlying and makes it impossible for the signal service to predict the movement, which might increase the inaccuracy of the service providers. Hence, it is best to avoid an underlying which is expected to be affected because of some upcoming event or a report.

Do not trade in the dead zone

There are basically three defined trends in the market: uptrend, downtrend, and a neutral trend. The neutral zone is the ones which are considered as the dead zone, as the movement of an asset which us undergoing through such trend is unpredictable. Generally, the upward and the downward trends can easily be identified by the signal service providers and hence it is best to avoid trading in the dead zone with the signal service providers.

 Do not trade highly volatile assets

Highly volatile underlying fluctuate heavily even with the slightest of market movement. This makes it difficult for the traders to effectively gauge the movement, and hence one should avoid such assets and invest into lower volatility assets with the automated software.

Do not overinvest

This is perhaps the biggest mistake made by the naïve traders, who has got attracted to binary broking because his or her friend has made handsome profits in it. They overinvest in a single trade, and if god forbids the outcome of the trade is unfavorable than he ends making huge losses. We recommend our readers who are just starting out with the binary trading through automated software should only invest a maximum of 5 percent of the total account balance in a single trade.

Avoid overtrading

You don’t need to make 100s of trade every day to become a successful trader in a long-run. The binary options trading is like a business and should be considered for the long term. Avoid overtrading as one wrong trade in an overtrading environment can lead to multiple wrong trades and huge losses by the end of the day. The average number of trades per day should be limited to 5. This will give you sufficient time and energy to effectively strategize and predict the movement on an underlying.

Finally, there is no full proof method to have 100 percent accuracy in the binary trading market, but above are some of the techniques which can be deployed in an everyday trading while trading with the automated software to make it as accurate as possible. By following the above-mentioned tips, you less likely to make mistakes and hence it will improve your overall profitability over a period of time.

Conclusion

There is no reason to use this binary robot for your investments, especially when they even admit that the success stories are made purely entertaining purposes, and thus completely fictitious. There are several functional robots which developers do not need resort such means. I recommend you to try  the most reliable and the most advanced robot on the market for completely free of charge by clicking on the button below:

Don’t get Scammed! Continue to trusted Binary Option Robot site by clicking on the button below!

Michael Allen Gives Overall Rating:

Author: Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

michael-allen

Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

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