Penny Millionaire is called a “lottery” by its creators, but it ‘s hardly that. In fact, it has very little to do with anything lottery-like. Those playing the lottery will tell you that the odds of actually winning big are extremely minute there. So much so in fact, that for 99.99% of the people, the money invested into something like the state lottery is lost and gone forever. With Penny Millionaire – which is much better described as a trading system – the odds are infinitely better, and the setup does indeed work. We have already heard from several trusted sources that the Penny Millionaire system works as described in the promotional video featured at Others have said that they weren’t exactly able to amass $1 million in 30 days as advertised, but the system worked for them too. In fact, we are yet to see a negative report of any sort regarding this new auto-trading system.

So, what exactly are we looking at here? Penny Millionaire is an auto trading system, which employs two basic components. One of these components is the actual binary option auto-trader, which is fully automated, meaning that it doesn’t require any sort of outside intervention on its decision-making level. What that translates to is that those using the system don’t actually have to know anything about market analysis and trading. All they really need to do is to click a button here and there to start up the system and that’s that. The other module is where the true magic happens: the interest module is designed to take advantage of the power of compound interest, to turn seemingly meager profits into massive sums further down the line. Making money with binary options has been done before. Successful traders will tell you though that volume is a major issue here: in order to make lots of money, one needs to have lots of money to trade with. The risks have to be considered too. Penny Millionaire seems to have worked around that issue successfully, thanks to their compound interest module.

Why do its creators call Penny Millionaire a “lottery” though?

You will see several people talking about having won the Penny Millionaire lottery. This is really where the catch is with this system. Unlike some of the auto-trading scammers out there, the creators of Penny Millionaire understand the power and the dynamics of letting people access a system capable of sucking large sums of money out of the markets for them. One simply cannot hand such a device out in unlimited numbers, as that way, the value of the whole setup would be ruined extremely quickly. As David Forrester, the brains behind the Penny Millionaire system puts it: if everyone’s a millionaire, money will lose its value and everyone will get back to square one. Other problems would obviously arise from the unlimited circulation of such a system much faster though. To avoid these problems and to protect their system, the creators of Penny Millionaire have decided to only let 100 people actually make use of the setup. With that in mind, it is obviously important that one move quickly to secure a spot. The Penny Millionaire licenses are apparently awarded on a first-come-first-served basis. This is probably what the people featured in the video testimonials refer to as having “won” the lottery.

What is compound interest and how does it work?

We mentioned above that the most important module of the Penny Millionaire system is based on compound interest. Compound interest is by no means a cutting-edge concept. It has long been known to all those looking to accumulate wealth in a safe and legitimate manner, with minimized risks and guaranteed yields. One can take advantage of compound interest by simply opening a savings account in a bank which offers this type of financial product, and depositing money there.

Compound interest is about adding the interest earned to the initial deposit, which then continues to earn still more interest, which too will be added to the deposit. This way, the interest has a snowballing effect on one’s deposit. The power of the compound interest hinges on two factors: The interest rate earned, and the compounding frequency (the frequency with which earned interest is added to one’s deposit). The problem with most actual deposits is that these two factors are kept under such levels that the yield on the scheme is simply not enough. With Penny Millionaire though, they are both turned up to unheard-of levels. The actual interest rate is 100% (one’s initial investment is doubled) and the frequency is daily. This way, starting off a one-penny deposit, one can indeed build up a massive snowball of funds rolling downhill faster and faster and gathering more and more money as it goes.

What exactly does one have to do to achieve this desired effect?

Setting up an account and making an initial deposit with a trusted broker is all there is to do really. From there on out, one has to turn on the auto trader every day, making sure that at least a wining trade is scored daily. In order to do that, one doesn’t have to be a market-analysis expert. The Penny Millionaire software handles the trading bit: it is built upon advanced algorithms, making use of technical indicators as well as fundamental analysis-factors. This way, it can and will score that one winning trade required to keep one’s snowball rolling.

The broker that Penny Millionaire is associated with is a licensed and regulated broker, operating under the guidelines of CySEC, and complying with all the MiFID directives. While scammers work exclusively with unlicensed brokers, whose operations cannot really be traced and controlled by any central authority, Penny Millionaire have opted for Binary Online, one of the well-trusted industry mainstays. Binary Online have their own proprietary trading platform, but again, one doesn’t really have to understand how this part of the process works. It doesn’t hurt if one understands binary options of course, but it is not a requirement. The software provided by Penny Millionaire handles this part of the equation, and judging by the feedback we’ve been receiving, it handles it well.

Many websites and forums recommend this system, along with credible day-traders who show-case their results online and on social medias such as YouTube. We also spotted two endorsements on leading sites, such as the Watchdog Penny Millionaire Review, as well as the BO Sheriff Penny Millionaire Review and we encourage you to get their take as well on the software if you’re considering to get started.

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The conclusion of this review is that Penny Millionaire is a legitimate operation that actually works. It knows how to take advantage of compound interest, and having more or less figured out the trading of binary options, it has the means to switch the compound interest setup into an altogether different dimension. The only problem, or rather, necessary evil, is the fact that it’s a very limited deal in terms of availability. The sign-up process on the other hand is extremely simple, straightforward and fast. We’ve already registered too.

Please provide us with your feedback below the review or email us

directly at with any questions.

The Lexington Code, developed by Michael Lexington and Barry Storyk, is one of the newest binary option auto traders, which is looking like it’s ready to join the likes of Wiki Trader and Swarm Intelligence, among the handful of legitimate and successful auto traders offered to the public. The way to get early free access to the Lexington code is to just join their beta testing group, which currently offers limited spots. Apparently, there’s not much hype about the Lexington Code out there. Very few people seem to know about it, and still fewer have actually put it all to the test. The time to join is therefore right now. Let’s not cut ahead of the chase though. Let’s take a closer look at what the has to offer and how it’s promoted.

The face of the Lexington Code operation is Michael Lexington, who is apparently a multi millionaire. One would surely not be able to tell that by just looking at him, or at the presentation video he’s made for his trading software. Sure, he has a fancy ride, but other than that, he looks like your average go-getter, exactly the sort of person who would come up with a revolutionary idea like this. How exactly did the Lexington Code software come to be though?

Michael Lexington has apparently met his future partner, MIT aerospace wonder-kid, Barry Storyk at Boston University, where the latter earned a bachelor’s degree in computer science. Inspired by Michael’s idea, Storyk joined him, choosing to be the lead programmer behind the Lexington Code, instead of taking a job offer from SpaceX. When – in the beginning of his video presentation – Lexington says that his software has actually been created by rocket scientists, he’s not kidding. Storyk apparently IS a rocket scientist by trade. It took the two partners nine months to develop the software, and to actually make it tick. This is where we believe the presentation video falls into a bit of exaggeration. Storyk and Lexington claim that it is capable of winning 100% of the trades it launches, which is quite frankly impossible. Through the tests we’ve done, we have found that the Lexington Code will in fact lose a trade every now and then, but its ITM percentages are still in the 85-90% range, which is still very impressive, and indeed well capable of making money over the long-run.

Unlike other auto traders, the Lexington Code does not have a massive team working on it behind the scenes. In fact, the operation only has a small office with a handful of employees (which might explain why they have thus far not been picked up by the online hype-machine), and the software itself still carries the marks of Storyk’s touches through and though. Nonetheless, it does indeed seem to be working.

How exactly does the accomplish its astonishing winning percentages though? The auto-trader is most likely using an intricate combination of various technical indicators and analysis methods. This is probably the reason why the two founders aren’t keen on delivering too many details on its inner workings. They did mention that the Lexington Code is not about quantity as much as it’s about quality, though it does mitigate risk by completing several smaller trades instead of a big one. What we can tell is that its capital-management module is indeed very sturdy. By spreading the risk over several smaller trades, the software is looking to overcome variance. It gradually increases the traded mounts though, as one’s balance increases, so eventually, these small trades will become rather large ones in their own right. Whatever the software does, seems to be working, at least under normal market conditions. In the beginning however, it requires quite a bit of patience. As recommended by the creators, we too advise you to keep it in auto-trading mode.

We have taken the Lexington Code for a test-spin and this is more or less the number we got too. Granted, we set the software to a very conservative trading approach. We set it to trade the smallest possible amount, and also, to take as few trades as possible. This way, one can make sure that the strength of the trading signals on which the software acts, is quite outstanding indeed. Another thing that one might want to do, is to turn the Lexington Code off, whenever the market’s about to be roiled by some big/unexpected events and announcements. Auto-traders in general tend to fare poorly under such high-volatility conditions. The results generated by the Lexington Code are apparently certified by a third party auditor, an accounting and legal firm, which was granted full access to the data registered by the company testers of the software as well as its beta testers. It would really be interesting to take a look at the said certificate, to see exactly what sort of ITM percentages the testers have achieved with the auto-trader.

Based on our Lexington Review we highly recommend it!

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In order to be able to put the software to work, traders will have to make a $250 deposit with one of the binary option brokers supported by the Lexington Code. This is of curse a minimum. One can make a larger deposit too, to get those profits flowing faster. One should bear in mind that with a $250 minimum deposit, the auto-trader should be used with the most conservative settings only. To top it all off, Michael Lexington has an extra offer for those not trusting their own abilities to make the software work: he will offer them one-one assistance and business education, despite the fact that the Lexington Code – when in auto-trading mode – does not require any special skills or knowledge whatsoever.

The way Swarm Intelligence software should be a blueprint on how to create promotional videos of legitimate auto trading systems , without looking and sounding like a big old scam. Indeed, everything the Swarm Intelligence creators do in the video differs radically from scam videos which are used to push shady products. These guys are focused on one thing mostly: the technology behind the trading system they’ve developed. They’re not keen on sweeping such information under the rug, to then shower us with images of wealth and luxury. They barely even mention that part. What’s more, they serve up actual numbers in regards to the results that their system can produce, without employing a slew of poor actors who fake bewilderment and joy at the sight of the winning trades flowing in. Let’s take this one step at a time though. Let’s analyze the technology that makes Swarm Tech tick, as well as the various claims made about the product and the showcased results.

First of all, we learn that Swarm Tech is based on a legitimate concept, long known in tech circles as Swarm Intelligence. What exactly is Swarm Intelligence (SI) though? SI is defined as the collective behavior of large numbers of decentralized, self-organized systems. Perhaps the most important part of the definition of SI states that it can be natural or artificial. Indeed, in nature, instances of SI abound. Flocks of birds and schools of fish are prime examples in this sense. The top attribute of SI is that the agents which make up the swarm, act based on very simple rules and there’s a certain degree of interaction among them. While there is no centralized control over the behavior of the agents, the combination of their interactions and the above said simple rules, leads to the emergence of seemingly intelligent global behavior, in ways unknown to individual agents.


The most important application of SI – in this current context of course – is its use for problem forecasting and prediction. SI is by no means a cutting-edge concept. It has been around for quite a while, and it has been experimented with. Despite that, several of its application are indeed cutting-edge. The US military has been experimenting with SI-based systems to steer unmanned vehicles and NASA has been entertaining the idea of using SI for planetary mapping. To these lofty applications, we can now add Swarm Tech too, which uses a simpler variation of the model, to revolutionize automated market analysis, and thus, by extension, the trading of binary options .

The brain behind the operation is that of Dr. Steven Francis, who has been involved with various projects focused on SI, for years. Having first-hand proof of how SI can be used to enhance the predictive capabilities of various human groups, he thought it worthwhile to adapt the concept to trading, and more precisely, to binary options .

The examples that Dr. Steven Francis provides of his research into human SI, cover horse racing and the Academy Awards. In both cases, the groups of people that took part in the testing, proved capable of much better predictions than any one person on his/her own. The reasons behind these results are clear: different people bring different sets of skills, knowledge and abilities to the table. That means that they complete each other’s knowledge on one hand, and cross-check the results through a number of different filters, on the other.

This is exactly what Steven Francis’ Swarm set out to accomplish, using computers and trading systems instead of human beings. Thomas Porter is the other member of the brain-trust behind the Swarm. He was the one who actually turned Dr. Francis’ theories into software, and who eventually created the Swarm system in the form in which it’s currently presented.

How exactly does Swarm Intelligence  by Swarm Tech work though?

Porter and Francis aren’t at all stingy with the details. The system is made up of ten different trading systems , all of which use three approaches to the analysis they perform: a Mechanical aspect, a Technical aspect and a Fundamental one. The Mechanical aspect is essentially the attempted prediction of likely future market-moves, based on historical data. The Technical aspect is about chart analysis and various mathematical models implemented on the backs of a number of indicators, which are mostly based on the momentum of price-movement, or on the overbought/oversold status of the traded underlying asset . The Fundamentals are about calculating the impacts of various real-world events into the predicted movements of the asset-price.

As said above, every one of the ten trading systems used in the Swarm system makes full use of all of these aspects of analysis. To make things more interesting, they use different indicators and different analysis factors to come up with their trading signals . Making heads and tails of the data generated by the 10 trading systems is a master program, which applies various filters to come up with its own signals. These signals only surface when an overwhelming majority of the 10 trading systems used point to the same conclusion. The trading module then acts upon these trading signals, based on the capital-management parameters set by the user. In the US, the Swarm Intelligence auto-trader does not work. Instead, the system spits out trading signals, & thus it’s a signal service, giving traders the actual trigger to pull.

The claims made by the people behind the Swarm are perfectly plausible as well. The winning rates they claim are in the 83% area, which is indeed absolutely possible. There are in fact other legitimate and verified auto-traders out there which are capable of just such results. Furthermore, the Swarm’s owners acknowledge that their system trades quality for volume and it will therefore not generate scores of trading signals every day. They also say that they predict profits of about $1,000 per week – again, a very plausible claim.


Recommended: WikiTrader Review by BO Anonymous

The bottom line: Swarm works. It sets plausible goals, and provided traders use the money-management system Swarm’s makers have put together, it accomplishes those goals too. Despite the fact that Swarm is an auto-trader, traders can set their investment amount between $25 and $500, and they can tweak the strength of the trading signals generated by the system, by increasing or decreasing the number of trading systems needed for consensus.

Conclusion – Swarm Intelligence is not a SCAM!

verified owner of the software: Dr. Steven Francis

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Share your feedback below our Swarm Intelligence Review and help us determine the continued credibility of the software. Register free at: Swarm-intelligence.coFor any other questions you may email us at and we’ll be glad to assist you with all matters involving day-trading.

WikiTrader is an extremely peculiar kind of software, but not another pointless scam based on the industry’s consensus. Its captivating video doesn’t generate a lot of trust in those who have an eye for various auto trading-based scams, but the bottom line is, the software actually works. There are several instances of real-money testing confirming this, and some of these tests are available online. The tests were done by actual users and some of them by representatives of various binary option portals. These sites were given the software so they could have a first-hand look at what they would promote.

So what exactly do we have on our hands with Wiki Trader?

The person behind the innovation is Kelly Wallace, a businesswoman involved in a  myriad of various ventures apparently, who has built a team around the concept of an open source auto trader. This auto trader was developed by accident, by Wallace and Tom Kingston, her partner. They apparently wanted a software which could handle their trading for them, and thus avoid having to pay broker fees and other such expenses. The software was designed to improve itself by re-analyzing the data generated by its users. Over time, after countless such feedback-loops, it got so good at it, it had essentially developed a “mind” of its own. Now then, this is where the promotional video of the product goes a little haywire. Tom claims at one point that the software is able to see far into the future of the market and that it can place trades with 100% accuracy. This is just not true though. The real money tests of the software show that while it is indeed capable of racking up profits, it will in fact lose some trades. Its actual success rate is in the neighborhood of 80%, depending on the aggressiveness of the trading and the money management method used by the individual trader.

Watch Kelly Wallace go over the innovative concept behind


Another claim that seems to be off the hook in the video, is the one according to which, thousands of dollars can be generated with WikiTrader every day. While this may be true for someone who can afford to invest upward of $500 per trade, for the rank-and-file trader, the numbers are much more down to earth.

While in the presentation, there are two programmers invited to provide information on WikiTrader, we never really learn much in this respect, other than the fact that the system is really complicated. Still though, it works, even if not quite at the level advertised in the said video.

One of the people who got the chance to give WikiTrader a first-hand go, was Judge Binary Options Kyle, who made a video of his little, 2-week long experiment. He started out with a $250 deposit, which he made with TradeXtra, one of the brokers associated with the WikiTrader project. He specifically went for the auto-trading mode, because that’s where the true power of the software resides. Without auto-trading, WikiTrader is little more than a fancy signal-service, still useful, but vulnerable to the mistakes that inexperienced traders commit when they have to actually act on the received signals.

With the auto-trader though, there is no such vulnerability, and people with zero trading experience can in fact make it work and churn out profits. Back to Kyle and his experiment though: at the end of his first week of auto-trading, Kyle had a little over $1,500 in his account. That was not a bad leap at all, from $250, but still a far cry from the sensational numbers claimed in the WikiTrader promotional video. It is also true though that Kyle adopted the most conservative approach allowed by the auto-trading function. He set his investment amount to $25, and his trades to 1 (meaning that he didn’t allow the software to have multiple trades rolling on at the same time). Over the first test-week, WikiTrader took some 15-20 trades per day…indeed a rather cautious approach, as that translates to fewer than one trade per hour. It took a total of 93 trades, of which it ended 74 in the money. While that is still very impressive, it is indeed far off the 100% mark that Tom floats in the video.

At the end of the second week of trading, WikiTrader was showing an account balance of $2,852. Obviously, it took the trader two whole weeks to generate $2,600 in profits, and not a few hours, as said in the video. Again, this was accomplished with the most conservative settings, but it was indeed a lot more plausible than the numbers floated in the video. Our guess is that if you too register an account with this trader, you’ll probably see similar results to these. At the same time, it has to be said that it is well within the realm of possibility that these numbers can be improved vastly, through the use of a much more aggressive investment approach. That will however also entail more variance and bigger risks. At the end of Kyle’s two-week trading spree, WikiTrader had registered a total of 172 winning trades,  for an ITM-rate of 80%. That isn’t shabby at all, especially considering that it offers a much more realistic peak into what this auto trader is really capable of. offers traders access to an unusually high number of trusted brokers. The minimum deposits at all these brokers are set to $250. One of these brokers is the aforementioned TradeXtra, while another one is GToption, a broker well-known from its partnerships with other working auto-traders.

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Apparently, those in the mood for more action, and with another $250 to invest, can grab an upgrade to the WikiTrader software, together with a massive cash bonus. This upgrade introduces another broker to the fold, and it delivers some copy-trading capabilities, which can further improve one’s results.

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The bottom line is that with all the massive positive hype from its promotional video, or perhaps in spite of it, WikiTrader does work. It produces realistic results and viewed through the non-rose-tinted lens of reality, its profits are actually quite impressive. Definitely worth more than just a second look. Please share your experiences and feedback below our Wiki Trader Review! If you have any questions, please contact us at Thank you for taking a moment to read our view on this online opportunity.

This SnapCash Binary review as inspired by one of the newest binary option traders/auto-traders launched this year, one that takes an entirely different approach to getting its users into the money, so to speak. We here at Anonymous, never endorse or promote any of the systems that we review, and because we have no affiliations, we can afford to serve up the raw truth, the way we see it. has been getting some great press lately, and its user-feedback has been stellar as well. That piqued our curiosity, prompting us to take an actual peek behind the scenes and to give this software a real money try. Make sure you read this review all the way to the end, as it is a very accurate reflection of how our opinion fluctuated in regards to this operation, and how we eventually made heads and tails of the often conflicting impressions we experienced.

What are SnapCash Binary’s claims? The person behind the SnapCash Binary software is a programmer called Austin Ford, who – also being an avid trader – combined his two passions into an effort which – at first by accident – allowed him to consistently generate profits off markets, through binary options trading. The claim made at regarding the daily profits one can achieve through the system, is bold to say the least and thus not exactly trust-inspiring. Ford says that his software allows retail traders to circumvent brokers and to gain access to more trading opportunities. The software itself, which is apparently at its best as a mobile app, pops such trading opportunities onto the user’s screen, giving him/her the choice to accept or to reject the trades. In this respect, SnapCash Binary works a bit like SnapChat, the messaging app, which is indeed referenced in its name. Like SnapChat, which purges messages after they’re read, SnapCash Binary does away with the denied trading opportunities for good.


  • Note that while the SnapCash system does have an Auto-Trading Function too, the fact that it gives its users a say on which trades to be executed, makes it quite unique.

In the intro video on, Austin Ford takes his software to the streets, handing it over to two random strangers, to give it try. He also gives them $250 each, to begin trading. Nowhere along the SnapCash Binary promotional chain is the claim made that users won’t have to make a real money deposit. While indeed it is common sense that such an initial investment is needed to make money, most scammers out there simply flout it, looking to make their propositions more attractive. In this respect, SnapCash scored a trust-point with us: you do have to make a deposit with the system and you do have to put your own money onto the line. The said promotional video insisted a little too much on the affluent lifestyle of the creator of the software though. Whether or not he’s made his fortune through SnapCash, it struck as “trying too hard”, when the camera insisted on the Aston Martin logo of Ford’s car and on the lavishly decorated pool/water fountain in his back yard.

How easy is it to set up and to operate SnapCash Binary? Registering for the software and setting it up works the same way it has for every binary options Auto Trader since the beginning of time. One gives his/her information through a registration form, even as Austin Ford offers direct guidance through a second video on the registration page. Once set up, one can set SnapCash Binary to Auto-Trading mode, in which case it will go about its trading (and profit-generating) activities without further human intervention. To say that no special skills and knowledge is needed to operate the software is therefore an understatement. The aggressiveness of the trading can be set through the interface (and we recommend keeping things conservative in this respect – at least in the beginning). Outside auto-trading mode, the trader will actually sign off on every trade, so risk-management takes on an entirely new meaning/dimension.

What can SnapCash Binary truly deliver profits-wise? At one point during the members introduction video, Ford mentions something about a 90%+ success rate with SnapCash Binary. From personal experience, we can say that he exaggerated there. We used the software conservatively and we didn’t really hit above 70%. Results-wise though, we were still impressed and our numbers seemed largely confirmed by the available user-feedback. Because we do have quite a bit of trading experience and a sort of natural apprehension regarding auto-traders, we opted for the “manual” mode, coupled with the most conservative money-management mode. For a complete beginner however, auto-trading is probably the recommended way, though money management caution should still apply.

What makes us certain that SnapCash binary is not a scam? Simple. While the promotional efforts of the SnapCash Binary team do seem to go overboard here and there, we just made a deposit and gave it all a try, convinced by the feedback we found out there, rather than by the video itself – which is well put-together by the way, featuring quite outstanding production values. We do not have any kind of a horn to toot here, therefore going for the jugular by making a deposit and actually taking the software for a spin, always makes sense for us. The $250 minimum deposit is indeed reasonable enough to allow for this kind of review-approach.

According to Ford, the SnapCash Binary code is continuously updated and optimized, to keep up with the changing market conditions. This is one of the reasons why users should make sure they provide a good email address, because they will receive all the updates trough this email. The power of SnapCash Binary is in the trading algorithms it uses and as such, it requires constant tinkering and fine-tuning. The manual mode of the software does give traders control over what happens, potentially alleviating the problems caused by unexpected major events with high economic impacts.

The conclusion regarding SnapCash binary can only be one: the trader works, although we don’t really understand the inner workings of the algorithms it allegedly uses. SnapCash Binary is definitely not a scam. One should not expect success-rates in excess of 70-72% however, as that seems to be the current limit of what it can accomplish. That’s impressive as it is though and given how it’s always updated and tuned, it may yet improve further in this respect.

Benefits of using the software: 

  • Easy and fast set-up.
  • Unique way to approve or reject trades suggested by the system.
  • Automated Trading available.
  • Impressive and very real success-rates.
  • Superb compatibility.
  • No experience needed on the part of the user.
  • Attractive minimum deposit.

Have you given SnapCash binary a try yet? If so, what are your impressions of it? We strongly encourage you to share your feedback below this SnapCash binary review, as there’s no better way – short of actually making a deposit and trading with real money – to assess the nature and quality of an auto-trader than through the community buzz it generates. Lend us your thoughts and help us paint a better picture of this deal for those who can’t afford to risk money in order to learn whether or not they’re dealing with a scam. Approved Software!


Our main goal at is to expose fraud sites, but every now and then we encounter a successful and honest offer such as If you need any help fighting scams or brokers that misled you and caused you to lose money, please contact us at Here is a complete list of Binary Options Scams. We also hope that members will share their results with us below this review. Good luck with any direction you take and to all new day-traders.