If you have visiting any trading sites recently I am sure you have seen ads for doublingstocks.com also referred to as stocksoars.com or Marl the Trading Robot. In the ads and on the site they tout "The First Commercially Available Stock Trading "Robot" Which Earns $346.77, Per Week (Managing $1000 Capital).
Hopefully, if you have been watching my trading videos, you can quickly judge for yourself what an advert of this type is but just in case lets take a quick look at the facts.
Firstly $346.77 per week on $1000 in capital is a return of 34.7% a week on your money. If you then multiply 346.77 by 4 to get the approximate monthly earnings on 1000 you would get $1387 which represents an approximate monthly return of 139%. If you then multiply 346.77 times 52 to get the approximate yearly earnings you get $18032.04 which represents an approximate yearly return of 1803%.
As you hopefully understand from my video on
reasonable profit expectations, what doublingstocks.com aka stocksoars.com aka Marl the Trading Robot seems to be saying here smells a bit fishy....no more so than that I will say
it smells like all the water in the ocean was drained, the fish were gathered up and put in one big pile and left to rot for a month.
I have not traded their program as I don't have to to know for myself what this is and I hope you can see it too. If you still need more convincing however then see below:
"DoublingStocks -- The Affiliate Program!" - this is the link for the affiliate program signup which you can find by going to the bottom of the doublingstocks.com or stocksoars.com site and clicking on the affiliates link. For anyone who is not familiar with what an affiliate is it is a program whereby you create a product and then recruit other people to sell it, paying them part of the proceeds from the sale and you keeping part of the proceeds.
Now the great thing about a digital program is that there are no shipping costs or material costs for the product so the revenue earned is often times almost 100% profit. With this in mind think if I created a system said that it make 1000% a year and put ads for it up on my site and then recruited other people to sell it. I could probably sell a lot on my own and probably recruit a lot of other people to sell it so I would make some good money don't you think?
Need more convincing?
Doublingstocks.com a Stock Promotion Scam | One World Income
Comments and Questions welcome as always.