Welcome to my Insured Outcome review.
I have to be honest with you. The stock market confuses me a lot. It’s not something that you can take part in at the drop of a hat. You first have to have some basic knowledge in how it works.
But it’s scary to go head first into something like the stock market. You’re putting the money you’ve earned hard for into something that you feel will earn you more money along the way. Risk is a word that gets used a lot when people talk about the stock market. And it makes sense. You’re risking a lot of time and money hoping it all works out in the end.
Investing and trading involves some skill and some guts in order for it to pay dividends. But there’s so much you have to learn. Where do you even find the time to do all that? And how do you even start?
Fortunately there a lot of websites that go over the basics of investing and trading. But not all websites are created equal. So it is highly recommended that you read up some of the more reliable websites before you go into something like this. Still, there are websites that promise that you can earn a large amount a day by letting an automated trading software do the work for you. But it’s never that easy.
Insured Outcome Review
Here are some quick details about the website:
- Full Name: Insured Outcome
- Creator: Oliver Breitner
- Type: Automatic trading software
- Availability: No longer available
What Is Insured Outcome?
Insured Outcome is a website where you can participate in binary options trading. In this kind of trading, you are basically answering whether or not a certain foreign currency or market will be above a certain price at a certain time. It is different from investing in the market. You are basically placing a bet if that market will be above or below a certain price after some time.
With that website’s patented software though, it takes out all of the guess work and you just let it do all the work for you. In the welcome video that’s on the website’s homepage, you can supposedly earn $18,000.01—yes, that’s the exact figure they keep putting out—a day from using the website’s trading software.
How Insured Outcome Works
Unfortunately, you can no longer find the website for Insured Outcome online. It seems like they have shut down the website. So it’s going to be difficult to explain how it works exactly. It’s hard to review something you can’t even try.
So when you type in the website’s URL on the your browser’s URL bar, you would’ve been welcome by a video like this. It’s usually just on the left side of the website’s sign up sheet. The video features the supposed founder and CEO of Insured Outcome named Oliver Breitner. When I first saw this video, I kind of assumed that the guy was just an actor they hired to read off a teleprompter. It’s not usual to see the founder be at the forefront of promoting their business. Usually, some marketing person would be the one to appear in this welcome video.
When you watch the video, right off the bat, Oliver has already provided two amounts in his first sentence. The specificity of the amount seems super sketchy. The video goes through a lot of numbers. And it’s 30 minutes long. For a welcome video, that’s a long time to sit through. Let’s just skip through all that. You’ve made your account on the website, now what? Do you just start trading?
Once you’ve signed up for an account you can basically start using Insured Outcome’s patented online automated trading software. Well… Almost. You first have to deposit actual money to the site’s broker in order to start using the platform. A lot of legitimate trading sites that binary options trading lets you make a demo account for free. If you’re new to investing and trading, it’s actually pretty handy.
There isn’t really much to the software it seems. Like, the site’s whole pitch is that you don’t have to worry about anything. The software’s algorithm will handle all the work for you. Still, it would’ve been good if they had at least more to it. There should a graph there somewhere showing you how it works.
Is Insured Outcome Legit? Does It Pay?
Since Insured Outcome is no longer available, it’s hard to say whether or not you can actually earn $750 an hour from binary options trading. That’s a lot of money, considering. And I have to say this again: you have to put actual money into the service before you get to use it. That’s how most trading systems work.
Even if you’re not super knowledgeable about the ins and outs of stock market trading, it’s really hard for any of your investments to consistently be going up. Like, there’s a lot of risks in participating in the stock market. You should never put all of your money into it because you can never be too sure how the market will move.
It’s actually really hard to participate in online trading because it’s hard to determine which places are legit and not. Insured Outcome feels like it’s leaning more towards the latter. The U.S. Securities and Exchange Commission put out a notice against fraudulent trading platforms that offer binary option trading.
Pros and Cons
I couldn’t find any positive aspects to Insured Outcome. Here are some of the negative ones:
- Lack of transparency regarding the movement of a certain market
- Software feels incomplete
If you’re planning to get into online trading, you have be aware that there are lot of risks involved. Even though binary options trading is a bit low-risk since you only really have two options to choose from, it’s still risky. Because you can never really tell if the length of time you’ve set for your bet is enough to get into the green. Binary options trading does have similarities with gambling. You’re going to have ups and downs with it. But you have to stick with it. Just don’t put all your money into it.
That’s it for my review of Insured Outcome. I hope you enjoyed it. If you did, please share this review to your friends and family.
If you’re looking for other ways to earn money online, click on the link below.
ALTERNATIVE: A GUIDE TO EARNING PASSIVE INCOME