Cedar Finance Binary Options Trading - Make money online product reviews

[MUSIC]. Hi, my name is Nataniel, and this is one more cup of coffee. Where we talk about online business. Making money on the internet and financial independence. So, a lot of my focus for the website, at this time, is talking about how to make money on the internet and how to start your online business and how to get a website up and going. Products and market through social media and all that good stuff. Now, how I do it is just one way to do it. What I would like to start with this video series, is to look at some products that are available on the internet but, unfortunately when buying these marketing products the thing to keep in mind Is that the people who create them are professional marketers. So they usually have really compelling slogans. They have nice videos. They have things that kind of push your emotional buttons. They rank well in Google and it's really difficult to tell if a product is actually gonna help you make money and if it's actually worth the price that you pay for it. [MUSIC] There are a lot of scams out there on the internet. I would even venture to say that most of what's available out there is going to be a scam. But, I would like to, I'm gonna see what's available in this video series and review some products. So I've got a couple ideas of how to go about this. But today all we are going to do is search in (no period) Google and see what we can come up with. So, if you're like me and you really don't know where to start, you're probably going to type in how to make money online. Let's see what comes up. We're gonna put this on hide personal results so that we get a better scope of what's available. 'Kay, first one, at YouTube, how to make money online from home every 60 seconds. [MUSIC] That is a red flag there. Let's see what Maria Hamblin has to say. 500,000 views, and we're gonna learn how to make money online every 60 seconds. Huh. She only has one video. >> [MUSIC] >> And 2,000 subscribers. I think that looks pretty suspicious as well. So I'm gonna pause this video now. And I'm not gonna actually show you the video because I don't wanna get caught in a sort of, copyright infringement thing. Technically it wouldn't be a problem because it's on YouTube, and you can use anything that's on YouTube. But I'm just gonna avoid a problem here and pause the video. Okay, I'm just gonna show you guys this part of the video. Because it's pretty funny. Not ha ha funny. Funny that. [MUSIC] Unfortunately, marketers use this tactic. Okay, so here's the first warning sign, at Elite Financial System that only an elite. Few know about. From someone named Maria Hamlim who has one video on YouTube. That really doesn't make sense. Okay, here's another interesting part of the video. So apparently you can become a millionare in seconds. I did not realize that. Cause it looks like the system is gonna be something to do with trading. It's talking about calls and puts. A lot of numbers getting thrown around. The video is 12 minutes. I'm pretty bored. I'm gonna skip to the end. So, I'm seeing from this video, basically he's talking about trends in the stock market which He explains as being easy to see, when you see a trend you push your button to buy. You make money when the stock goes up. When you see a trend going down, you push a button and you sell the stock so you don't lose money. It is definely not that easy to invest in stocks, there are people who study this for years and years and years. [MUSIC]. And sometimes it's impossible to see these trends. Okay. So that's basically the gist of his video. You can make a million dollars by pushing a button. It's super secret. And he's only gonna tell you. Because you deserve to make money. Because the government and Wall Street cheated you. [MUSIC] So, that sounds interesting let's click on this link. We go to a website with absolutely no information and to get instant access all I need to type is our email address. [MUSIC]. [SOUND]. And I wanna see this secret. I'm just gonna pause the video, so you don't have to watch the whole thing. Okay. So, the deal with the system is, they have this interface here. [MUSIC] And, you chose different types of currency, maybe different types of stocks, they didn't really make that clear. And you guess which way the stock is going to go. If you think it's going to go up, you push the up button, if you think its going to go down. Then, you push the down button. So, it's a bit like gambling. Now, I'm sure, that in future videos, I haven't pressed this Get Started Now button, they're going to talk about trends so you can see the trend here is going up and the trend here is going down. We'll see if there's any training videos on that. [MUSIC] The thing that makes me worry is he, is you are risking your money. So what you need to do is, you need to bet you nedd to risk at least a certain amount of money. Cuz you have a chioce between five and then it goes all the way up (no period) [MUSIC] At least to $1,000, I know he says at the end, if you want to make some serious money you need to start risking at least $1000 so, that makes me a bit weary. I don't really want to risk $1000 on an up or down call, sounds like Las Vegas to me. But we're gonna click Get Started Now and see what happens. Okay, still now indication of price. I'm gonna watch this video and get back to you. So unfortunately they're still pushing emotional buttons. They are talking about how great it is, how easy it is, you just push a button, it is only 200 dollars. So they did say something about 200 dollars, I have a feeling that's not the only price that is going to come up but, the system is so easy and, and you're guaranteed to win and blah blah blah. So let's sign up and see what happens. Okay, so here we get into some prices. So, for a basic account it's gonna cost you at least $200 and then we are gonna work our way all the way up to $10,000. Now for me, again I'm going into this with a bit of skepticism [MUSIC] But I'm not sure that I want to invest thousands of dollars in a system that I'm not really sure about. So, so far, it doesn't seem like a great system, something that I would actually invest my own money in, but I can't say that there are any indicators that it's a horrible system. Let's see what happens when I push this button. [MUSIC] Hm. Well, before we pay any money into this, let's see what binary options is. Got WikiPedia. Forbes, don't gamble on binary options. Do that okay what if binary options the trust about binary options investopia its a good site I'm a way all these sites one is binary options is probably affiliated with it binary options dot net probably promoting it. [MUSIC] Binary chief, definitely promoting it. Financial trading school. Alright, I'm gonna go look through these articles and report back to you in just a [INAUDIBLE] Okay, so I finished reading all these articles, and I'm gonna give you a summary of what each of them says. So this is Forbes. [MUSIC] Sort of respectable magazine. The name of the article is Don't Gamble on Binary Options. So basically, binary options is an actual, legitimate way to play the stock market. I won't say invest, because you're not actually investing money But you are using the stock market to make money. What Forbes says is that, basically, professional traders, people who have been studying the stock market their entire life, have gone to school to do it, and do it for a living, cannot predict which way the market's going to go. When you trade binary options that's exactly what you're doing, you're guessing which way a Stock or an option or a certain company. Basically anything currency. There is types of funds, and what not. Whatever's traded on the stock market, you can wager a bet on which way it's going to go. But Forbes makes the point, I'll show you the part in the article here, they get into [INAUDIBLE] [MUSIC] Statistics and numbers are not my forte, but Forbes says, in other words, you must win 54.5% of the time just to break even. So, if you only have up and down, that means you have a 50-50 chance of winning. Now that means, if you meet that 50/50 chance, and you make 50% right calls and 50% wrong calls, that means you're going to lose money. You need to beat the statistics to actually make money. In fact, you need to beat the statistics just to break even. So Forbes says to stay away from it. >> [MUSIC] >> That it's essentially gambling. Okay, any option is an option trading site. Now this guy actually gave some legitimacy to binary options. He didn't write much about it. But he didn't have anything negative to say about it. Because like I said, it's an exciting new way to invest. Investopedia, also a respectable site. Lots about investing. They had more of a unbiased view of it. They weren't, they didn't really call it real stock investing. In a nutshell, they basically said it's a very speculative way to play the stock market. And I did go into some advantages and disadvantages. The advantages they cover, and then they go down >> [MUSIC] >> So the major advantage they, they came up with was that the risk and reward are known. So you know how much money you're risking. You know how much money you have the possibility of getting back. And there is a limit. So if you wager $100, you lose $100, you won't lose more. If you make a certain amount of money, you know how much money you are going to. [MUSIC] To make on that bet. The disadvantage they stated, which is a little bit more complicated, and I know just a little bit about stocks, but the, the term they used was that the risk outweighs the reward. So, when you are investing, the, the basic concept, the, the thing that you need to look for with investing and stocks Is looking at what a dollar is worth to you. So, if you buy one share of that company for twenty dollars, it's looking at how much that share is gonna be worth in the future. That's what they mean when they are talking about risk. And so what they're, they point that they're making is that the amount of money you risk to play these binary options in the stock market [MUSIC]. Is not worth the amount of money that you, you risk to actually get in there. That your money would be better invested using traditional investing. The other thing they said is that it's not regulated by the FCC, which is the Securities Exchange Commission. So if anything goes wrong. If you lose money, or these companies run away with your money. >> [MUSIC] >> You know, it's not a, legitimate stock investing company. It's not like, if you invest money in Charles Schwab or Vanguard or, or Merrill Lynch. It's basically like, playing poker online. and then this guy he, actually, I think he knows how to trade binary options very well. And, he did a decent job, being very honest. And, he actually has some training videos. Another thing I though interesting is He actually has almost 30 training videos on this series. Now, this place we're looking at, Cedar Finance, they seem to make it look like you can start trading immediately and you can win. [MUSIC]. All the time. Now, that's a bit confusing. Where a professional binary option trader has training videos on how to use binary options. And then Cedar Finance goes and says. You can, with no experience, learn how to push an up button and a down button. And make money doing it. [MUSIC] So my conclusion is binary options trading, regardless of whatever company you are trading with, can be a way to. [MUSIC] Make money with experience in the stock market. Some money to play with, and an appetite for risk. You could potentially start making some money doing this. But I think it's going to be hard to make a career out of it. Because the risks outweigh the rewards. It's definitely not as easy as they make it out to be, it is not guaranteed, and if you're going to gamble you might as well learn to play poker or play blackjack on the internet. [MUSIC] So this is not something that I would invest my money in. But if you think that this is something that you could possibly be interested or start doing, then I will provide you with a link in the description box below. If you're thinking along the same lines as me and. [MUSIC] And you would rather get involved in something that is more of a long term strategy on how to start a real business, and you would be interesting in starting an online business. Then I can direct you to a couple different places right now. [MUSIC] One you can visit my website it'll be a link at the end of the video and in the description box. Two, I'll provide you with a link to the online business community I'm part of where you can actually learn how to build the website. And learn how to make money online for an actual career. Promoting real products and real services. And then also in the description box below you'll see links to all my social media accounts. So you're welcome to contact me on any of these accounts or in YouTube. And ask me any questions, either about this service, or about the business community. Or about my website. Or anything you have about making, any questions you have about making money on the internet. So if you like the video, please like it. If you have experience with Cedar Finance, and Binary Options trading, you can go ahead and tell us about it at the talk box below. If you want to see further reviews in this video series, then you can go ahead and subscribe. And I hope to see you come back and watch some more videos in the future. Thanks for watching. Bye. [MUSIC].