Thursday, July 7, 2016

Dual Robot automates investing in binary options


Since the arrival of the first personal computers, users have looked for ways to put computing power to work to buy and sell financial instruments including stocks and stock options. Dual Robot is software that can analyze market signals and use that information to automatically invest in options.

According to Investopedia, a binary option is a simple wager on whether a selected market will move up or down. The “binary” part means that investors either get a fixed return or they get nothing.

Dual Robot supports three popular approaches to automated investing: Classic Mode is the simplest and safest generally recommended for beginners; the Martingale Mode allows faster profits but comes with a higher risk level; the Fibonacci Mode is geared for higher accuracy over a longer term.

A basic version of Dual Robot is free to use when investors deposit a minimum of $200 with one of the brokers who work with the software.

For more details, visit the Dual Robot website.


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Follow me on Twitter @ricmanning and read my technology columns at My Well Being.


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