Date:Sat Nov 23 2024Tokyo:21:20Sydney:23:20New York:7:20London:12:20CET:13:20
BinaryOptions.net Forums› Complaints
The Binary Lab By Julian Wong is a FAKE!
ninja_bodotnet
Posts: 232 admin
Posts: 232 admin
This discussion was created from comments split from: Mike's Binary Options Signals Facebook Group.
Comments
You were almost right. He doesn't make any money trading, but he's also useless at trading demo. I've watched him drop $250,000 during one of his training webinars on his GOPTIONS Demo account (he claims it's real) ... then mysteriously pick it up again, off camera, the next day, once again sporting a balance near the $1 million mark.
There really is no need to challenge him. He doesn't need your approval and he doesn't need to trade. He needs his members to trade in order to lose their funds so he can gain volume commission while they lose it. He claims his ITM is around 55% and makes up for it by Martingaling.
http://www.theatlantic.com/business/archive/2015/05/lotteries-americas-70-billion-shame/392870/
In fact he highly recommends it and promotes it in all his strategies. It is not true Martingale as that is impossible with turbo (short term) options on Spotoptions broker accounts. The progression is $5 > $10 > $25 > $50 > $100 > $250 > $500
He recommends up to about (he's not very specific) 6 Martingales to assure consistent wins.
When he uses Martingale (which is nearly always) in live trading, during his Binary Lab webinars he progresses thus: $100 > $250 > $500 > $1000 (2 quick trades) > $2000 (4 quick trades) > $4000 (8 trades). That's as far as I've seen him go, starting at $100. I've seen him lose a lot of money (actually demo money) trading like this.
He also uses stoning, but he cut back on that after he lost around 250k during one webinar. He was doing 5k trades that day, up to about 40k (5k x 8) on one currency pair.
Now here's a treat for you all. This is a Julian Wong quote taken directly from one of his Ouroboros (Advanced Masterclass Group) promotional webinars back in June. This is a group which will cost you $5000 to join and you have to sign a NDA (non-disclosure agreement). (Yeah, sue me LOL)
Julian Wong:
Quote:
"Martigaling is very easy for for beginners, I mean as long as you have a deep account... you more or less can win within like 6 or 7 martingales, and it's a fairly easy strategy, it's kind of risky but fairly easy strategy that most people can do.... the reason why I still teach martingaling is because it is easy and sometimes it allows you to take more entries and you don't have to wait and camp out for a very good snipe...
(NOTE: Ouroboros, aka Advanced Masterclass Group is run by what I like to call the "3 Musketeers": Julian Wong (Singapore), David Nocitra (USA) and Yuri Anischenko (Ukraine). They don't have an office, business address, telephone number or even an email address so therefore cannot be contacted or located. The only way to "talk" to them is through a Facebook page, or if you're lucky, in a Skype Group. Sending money to these scammers is like sending money to (cyber) ghosts)
Julian Wong's quote above is astounding, but this one gets first prize:
Yuri Anischenko (from the same promotional webinar as above):
Quote:
"we have an exact money management system that you should follow everyday that should get you to just over a million dollars in a year if you follow it precisely and actually are diligent and disciplined in your money management system it should happen."
So there you go folk. The deal of the century. Get your $5000 membership and make an easy million dollars in a year.
Ironic I guess 5k is the new starting level for douchebags to sell out it seems. All untalented roaches...
I doubt anyone can make as much money as these guys do by actually trading binary options. How much money can you make trading them? I estimate they have made around $2 million on affiliate commissions and joining fees - could be more - in about a year.
BTW I didn't mean to indicate that Yuri is actually in Ukraine, he's from there. I have no idea where he is living and I doubt anyone does. As I said, these guys don't have an address.
You also totally missed my point that these guys are extremely good at scamming and sucking people in and people who fall for it are not necessarily stupid. There's no need to insult the people who are being scammed. You should be trying to help them instead of blowing your own horn while putting them down. In essence you're calling everyone who has joined Julian Wong's group mind-numbingly stupid, so I guess I am too. How is anyone from Julian Wong's Group going to be interested in contributing here if you're insulting them all.
You claim to be an expert at Binary Options trading, but you won't post about how much money you can make? You're claiming you can make more than the scammers by trading alone, so why not prove it? Julian Wong makes a lot of money. Perhaps you are envious of that? Yes, he does make it by scamming, but he still makes it nonetheless.
I haven't seen any of your videos. Why would you assume that people are paying such close attention to your forum that they would know about some videos you claim to have made. If you have videos on Julian Wong, wouldn't this thread be a perfect place to introduce them?
(I wonder how offensive your next offering will be? A moderator cursing in his own forum is a classic fail)
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Your real problem Is that you are lazy(or simply busy with surviving real life). You are not willing to do the hard work. You just expect some random stranger online to hand you over the solution to EVERYTHING (including common sense).
Life just doesn't work like that. No one is just going to hand you over anything.Let alone something it took [or didn't-I don't really know(IT'S THE INTERNET)] him years to perfect or learn.
You questions/comments are anything but new or original. If you really wanted to learn you could have actually spent some time going over this forum (HINT-During US trading hours... http://www.binaryoptions.net/chat/)
Looking for free stuff to get ahead in life is just no good.
If anyone is being lazy, it's you as you haven't bothered to read the thread before replying.
I didn't come here to learn anything. I came here at the invitation of another person to give my perspective on Julian Wong and his trading strategies.
As that has gone by the wayside courtesy of the blowhard moderator using profane language and turning this into a pissing contest, I certainly won't be wasting my time searching this forum or looking for any lame videos the moderator claims to have made. You're not going to learn much from fools, are you?
There are far better places to find decent information on binary options trading. Don't waste your time here.
(LOL. Now we can rip into Julian Wong, Michael Freeman and the idiot who moderates this forum, all in one place)
I never lost a cent of my own money as I only traded a demo account, so my money was always 100% safe. I chose the safest broker out of selection available. That's where I did my homework, as you suggest.
Now the $5000 Advanced MasterClass Group aka Ouroboros is a different affair and I'm not in that group.
It's really not a good idea to be insulting or bad-mouthing people who were scammed. A lot of these people have money to spend and can be turned around and educated. The moderator here should know better. He claims he wants to help people, but insults them instead. It's pretty obvious he's a prize moron. In my estimation, judging on discourse here in only one thread, he's a bigger blowhard than Michael Freeman, and that's saying something.