Recently the internet has been flooded with binary options make money schemes promising you riches beyond your wildest dreams. One of the latest potential scams is referred to as the Nighthawk System, and if you are subscribed to various offers you need to make sure you understand what you are getting into.
It is true that every now and then a new trading system or software comes out which actually makes you money. Now, don't be doped into thinking you will make millions because that's just not going to happen. If you are able to make a few thousand dollars and get away with it you are a pretty lucky person.
Now, I have seen about 67 trading systems during the last two years. Some of them include the famous Optionbot, AutoBinaryEA, and even the iconic FapTurbo which is more Forex oriented. Now, I know what I was getting into so I decided to take a risk anyway knowing what's at stake. For some of you $200 is a lot, so you need to really understand what's going on here.
In this life, not the next no one gives you anything for free. So if you are getting something at no cost, you are probably required to invest through a certain broker. Now this is fine if you like what you see, but you need to understand that binary options is in reality a form of gambling. Up or down, or above/below any way you look at it you will always come to the same outcomes.
If the system offers you an edge or an advantage, its OK to test it but don't be tempted to try it more than once. When I invested through the Nighthawk System I traded through a recommended broker, and I barely broke even and was able to cash out $300. On an initial investment of $250 that pretty much amounts to a good time but not much riches.
With all honesty, I do have to give these guys credit because that in their disclaimers they don't promise you total success every time. So at least they are fair about that, but at the end of the day I wasn't able to produce much cash with it, although I know a friend of mine was more successful.
To sum up, the system is nice and very functional, I didn't lose money but I wasn't able to withdraw too many winnings. I'm still looking for good trading systems so if you have any recommendations please leave a comment below.