Night Owl Signals is a product that allows you to watch over the shoulder of a professional trader and copy their trades in real time.
What does the product offer?
Running Monday to Thursday between 8.30 and 10.00pm (EST), Night Owl Signals allows you to copy the same trades that an allegedly professional carries out (it is worth noting that there is also a morning option of Night Owl Signals that offers the same service but between 9.30 and 11.00am). This is held in a private member’s area where you can listen to the trader discuss what trades to make and why. All trades are 5 minute Forex Binary Options and the trader that you are watching will typically generate between 2 and 5 signals per session. Through a downloadable app, Night Owl Signals is also fully compatible with smart phones and tablets allowing you to monitor.
How does the product work?
Obviously because you are following the live trades of a professional trader, you should be following only the best advice on what to bet on with your own binary options trading. This insight into the markets is really what you are paying for.
What is the initial investment?
Night Owl Signals is definitely on the expensive side costing “just” $87 bi-weekly. This means $176 per month for the trading advice that is on offer. Luckily there is a 60 day money back guarantee in place should you be unhappy with Night Owl Signals.
What is the rate of return?
There are no claims made in terms of how much you can make using Night Owl Signals. If you look at the trade of the day however, this shows a profit of $300 on a single trade. This is using a $500 “bet” though.
Conclusion
I am personally very wary of anything related to binary options. As a method of training it seems rather questionable and there are a huge number of very mixed results depending on where you look. The format of Night Owl Signals is probably one of the better ways of getting advice for binary options trading. One of the big problems war the costs involved which is a lot of money to pay each month. The other big problem is that there is very little evidence that the traders will be successful and this combined with the somewhat shady nature of binary options means for me personally, Night Owl Signals is a no go.
