The Pearson Method
The Pearson Method is a binary options trading platform that claims to earn millions of dollars for traders by generating fully automated trading signals and placing trades on autopilot. Tim Pearson is the creator of Pearson Method and claims it has earned him 1.5 million dollars in just under a year. Pearson claims his trading software can earn traders upwards of 100 dollars a minute.
First of all, we need to keep in mind that no binary options system can earn traders a million dollars in just a year, unless of course, they are willing to invest huge amounts of their own money in doing so. This is just not realistic. Based on these grandiose promises alone, we have our doubts about the legitimacy of this automated trading system.
Software: 100% Automated
Max Returns: Up to 85%
Minimum Deposit: $250
Countries: All nations
- Fully automated
- 60 seconds trading
- Unrealistic trading ratio
- Does not produce the profits they initially promise
- No response from customer service
- Too many negative reviews
Not Reliable Service
How does it work?
Pearson Method is a fully automated trading system that analyzes the latest market trends and data and generates signals for traders based on that information. The signals are supposed to be based only on profitable trades so traders are guaranteed to earn a consistent profit with Profit Genius. The Pearson Method works the same as any other binary options trading system.
First, you must create an account by entering your general information, and then you must register with one of their official brokers. Next, you must fund your account with a minimum deposit of at least $250 before you can begin trading. Then you need to set up your trading parameters and then the system will initiate trades on your behalf.
This would be great if the system produced accurate results. As of this writing, we have yet to see the profits that they promise on their sales page. Another red flag is that we cannot verify if their brokers are in fact licensed and registered, so we cannot vouch for the legitimacy of this service.
We could not get a hold of a customer service support team member to ask even a basic question. This left a bad taste in our mouths. Nor could we find any positive feedback online regarding Pearson Method. We did find numerous complaints that traders lost their entire investment and never saw any real profits with the Pearson Method.
According to the opinions I found online, The Pearson Method is not the most reliable trading system on the market. Here are some examples:
At this time, due to lack of unbiased reviews and substantial proof of earnings, we cannot verify the accuracy of the Pearson Method. We feel that the negative complaints to do not justify this system nor are traders seeing any profit returns. We highly recommend that you sign with a more reliable trading software program.
|Min. Invest||Min. Deposit||Max. Returns|
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There have been many issues with binary options scams due to some newly established sites that are not capable of giving the promised services for their traders. As an expert trader, what do you think would be the best way to avoid being scammed? And how to recognize them?
Hey! I find myself in a situation in which I find it difficult to believe that watching price action and using a couple of indicators would make much of a difference. I am on an amazingly uncounted losing streak after I was having positive results just a few weeks ago. My strategy is the same, I look at the charts and the candles, draw trendlines look for resistance and support, watch out for any news and try to make it as possible to justify that when I take that bet my odds are calculated in my favor.
Yet the market seems chaotic with no regards to everything that I tried, so it’s hard to make myself believe that I will be back on track…
Hi all, I’m looking for some of this broker, but I have no success so far.
I have tried many of them by now, but they all make some manipulations. Recommend me some good and reliable brokers that have $1 trades, if you know any.
Thanks in advance!