In this review we are going to have a look at a binary options scam called “Sarah’s Confession”, it is presented by Sarah Tilly.
Sarah says that she used to work on Wall Street where she was fortunate enough to get access to a piece of software that was designed by a certain Jason Strauss. This software is called the SLX system and it is what Sarah is using for trading binary options.
Sarah says the SLX system can make you up to $60,000 per day. How is that possible? Because the system was designed to get money that was “clogged” in the markets during the financial crisis. Here we had a really good laugh. Money clogged in the markets that can be retrieved? Have you ever heard a bigger nonsense? But let’s go on.
Sarah’s Confession is about trading binary options on auto pilot. You supposedly have to just to push the button and let the software make you money. As you probably know, with binary options you speculate whether the price of a certain asset will go up or down within a certain time period. It is normal investing and trading, you are just trying to predict price movements. So where is the clogged money?
Sarah’s Confession is of course a binary options scam. It starts with fake testimonials with paid actors, even Sarah Tilly does not exist, she just got paid for making this video. It goes on with fake account statements.
Just look at the trades on the image, she is speaking about recovering $15,000 that she spent in Vegas in one day, but there are only some $20 of profit per trade. But not even that, because the whole statement is faked, returns are changing several times during the day… and have you ever seen the price of gold with 5 decimal digits?
And believe us, we have been trading for more than 10 years, the 99,8 % winning ratio that Sarah is showing is impossible.
Sarah’s confession is a typical binary options scam. Sarah is an affiliate that gets paid for every new client that she refers to her broker. So she made up this story full of lies just to make you open a trading account and deposit money into it. Because this will earn her money. If you then trade with the SLX system, you will lose your deposit.
You can make money on binary options, but not with these free systems that have absolutely no edge. You have to test on a demo account, learn trading and build your own strategy, it is the only way to succeed.