3 Week Millionaire Short Overview.
3 Week Millionaire system is claimed to give you the significant earnings in three weeks only. A very tempting offer, who of us hasn’t at least once in life dreamed of becoming a millionaire? However, the more incredible the commercial statements sound, the harder is to believe in them. Just think it over for a moment: if making so much money would be so simple, we’d all probably had been millionaires already. So, what is the system actually is and how it works exactly?
The Nuts And Bolts.
Basically, 3 Week Millionaire is the binary options trading software that you download on your computer. First you open an account and invest some amount of money into indices, stock, assets, etc and then your profit or loss depends on their changing value on the market. The program is designed for people who would like to try their hand in binary options trading but are no experts in the field or can’t afford top brokers for qualified advice. At the same time the minimal fund to start off with the system is $250, so it meets the expenses of middle class that makes the system very affordable and, therefore, potentially popular.
However, keep in mind the programs operates your money on autopilot, so on one hand you can enjoy your life while all the necessary operations are held by the system, but on the other one you don’t really control the process much. The software scans the market and automatically chooses 5 top leading trades that makes you earn $10K every time according to the creator of the system. The only thing that truly depends on you here is the amount you invest. The more you fund, the more you can profit or lose accordingly. The system is claimed to have 100% success rate and help your income rise up to 50K per day. Thus, you should become a millionaire after three weeks of your enrollment into the scheme. But are these claims anyhow supported by solid proofs?
The Simple Math Calculations.
Even if the system is trustworthy, the promise of a million dollars made less than in one full month still sounds suspicious. We can use simple math to check whether the software can live up to its claims.
According to the video commercial, people investing the minimum possible amount of money with the program that is $250-$300 would be able to make $800-$1000 on daily basis. Let’s count. Three weeks are 21 days multiplied by $1000 equals $21000, not even close to a million. Let’s imagine you started off with $1000 initially, in this case the video promises your daily income of $2.500. Multiplying 21 by that number we get $52.500. Again, this sum is twice lower than the one in the video commercial. So, how much should a person invest to obtain the promised million? If we divide $1.000.000 by 21 (the three weeks term) we’ll see that the initial amount invested should have been more than $47.000! Obviously, the commercial overestimates the real numbers in a great measure that is not a proper way for an honest, trustworthy business. Anyhow, if you do invest your money into the program, can you still hope to get your profit even if it’s going to be way more modest than promised?
Effective Strategy Or Taking Chances?
In order to understand whether the system is effective or not, one should firstly get to know with the main operating principles of binary options trading.
Generally, a person trading binary options has to predict whether the price of their stock, asset, etc is going up or down. For that matter one has to choose between two options that are “call” and “put”. If an investor thinks that the value is going to rise they go with a “call”. And other way around, if they think the price is going down, they choose the “put” option. Thus, when one sells the stock, asset, etc back to the market at increased price, they obtain profit, and when they sell at lowering value their money is lost. The process seems easy at a glance, but a person has to have at least minimum understanding in the field they invest in otherwise it’s just gambling money that will eventually lead to money loss, soon or later.
It’s necessary to realize that binary options just as other types of trading are always a 50/50 swing. Even the most experienced brokers can’t boast the 100% successful rate in their careers, it’s simply impossible, since the market is too unpredictable and volatile. People who make their money on trading do it for years, and still they lose money from time to time. That’s why when you are promised a foolproof strategy that guarantees no losses; you’re most likely dealing with a scam. If the market was fail-safe, it would simply stop existing, as these ups and downs are the core it stands on, and all the brokers would become unemployed.
The Red Flags.
When you open the 3 Week Millionaire’s website, the video commercial will start running automatically but you won’t be able to watch it through at once, as there subscription window will pop up almost instantly. After being closed it keeps appearing over and over again every single time when your mouse gets close to the upper edge of the page. Such “don’t leave the page” windows are the first red flag you should pay attention to whenever you hesitate whether you’re dealing with a scam or legit thing.
In the bottom left corner of the page there’s another message in attractive red color that gives you an impression that subscription to the system is limited. Every few seconds you can see the number of available spots decreasing; however if you just wait a moment you’ll see that the countdown will stop on the last spot that’s not going anywhere. That’s a catch to make people lose their sense of time, and thus, another alarm bell.
According to the commercial, the program is absolutely free and anyone can try it out first to understand whether it’s going to work out or not. Nevertheless, it appears that it’s impossible to try it without opening an account the minimal investing sum in which is $250. So, just keep that in mind before you decide to proceed with the program.
As for the commercial video itself, it’s a bit cheesy with one and the same sentence repeated continuously if it concerns the claims of potential earnings, and not a single word about the risks of losing money in the binary options trading. And the promise of the video’s creator to pay you $21.000 per every day of your time in case you won’t make 1 million in three weeks is simply ridiculous, especially considering the fact that there is no contact information on the website, no phone numbers, no address, nothing. How can someone guarantee you this money if they didn’t even leave any info where to request it from? Moreover, there is no option to fast the video forward or rewind if you missed anything or you want to listen to some particular part of it again. It creates a feeling that it was done intentionally so that a person listening wouldn’t have a chance to go thoroughly into details without watching the whole piece all over again.
The last but not the least is the program’s table actually showing the leads from internet of the English brokerage company called BinaryBook. So much for the special smart algorithm choosing the best patterns on the market, as it had been described in the video.
Despite the program’s relatively new, there are already lots of reviews available about it. It’s interesting that the reports and testimonials on 3 Week Millionaire’s website are all 100% positive. They are all alike, telling the success stories and emphasizing how much they earned using the software that makes us hesitate whether they’re real after all. We also found a few totally identical positive reviews in the internet signed by different names that is even more suspicious.
Anyhow, there have been some reviews from people complaining they couldn’t withdraw money they made with the program although the sums mentioned were way more humble than the promised ones in commercial. In addition to that you can see similar complaints about the BinaryBook as well, and according to the ScamBroker their company doesn’t even own a broker license.
You should be aware that 3 Week Millionaire is not the only binary options strategy available. There are similar companies mostly providing same or alike commercial claims and offering simple sales funnels. Cash Code, Quick Cash System, and Millionaire’s Blueprint are some of the most wide-spread names in this category. Just remember it’s highly recommended to address the well-established firms and avoid the ones giving you promises of incredible wellness obtained in no time.
If you’re looking for a binary options broker, 3 Week Millionaire is the example of the one it’s highly unrecommended to deal with. Everything starting from the video commercial, numerous claims, the design of the webpage down to the customers’ reviews tells you to think twice before addressing them. If you would like to try your hand in binary options trading, first arm yourself with knowledge; ask advice from your friends or qualified professionals, and maybe one day you will become a millionaire, anything is possible.