JMB Profit Machine review
Price: Free Software (Not really)
Is JMB Profit Machine a Scam?
I have reviewed a lot of products especially in the binary options area and they all follow the same pattern that will make them either a rubbish product or a scam.
This one was very entertaining to say the least and I wish I knew where they found their actors from and it sounded like one of those educational science programs that teaches high school kids how to make a volcano with vinegar, baking soda and red colorant.
I do not even think that the 2 guys on the video are the actual owners of the product and to be honest to you, I think they must be actors that were hired from websites such as Fiverr. I think you already know where this review is heading but let me get to the fun stuff.
What is JMB Profit Machine?
I am going to give you 2 versions of this product. The first one is going to be the version from the sales pitch and the second one is going to be the legit one
1) The presented version
The JMB Profit Machine is a kind of cluster that you join that will increase the speed of the main server where all of the data is processed. If you have a very fast processor that runs with your trading platform, you will never be behind because if you are only 2 seconds behind, you can miss out on a profitable trade.
They also say that once your computer is linked to the cluster, you will share some of cpu with it and if you have any knowledge on computer, then you will know that this is not a good thing.
2) What it really is
Let me rather tell you what happened and then I will explain to you what it is all about. First of all you need to check if the area where you are is compatible to the cluster. I clicked on the button and they said that I am located in Kroonstad which is bit far from where I actually live.
After the compatibility check I clicked on the register button which as moving up and down so that you cannot miss it. I was then referred to a page where I need to open an account with a binary options broker. After you have setup your account, you will be asked to deposit an amount ranging from $200 into your account and this may vary between each broker that you join.
So now I am going to tell you exactly what this “product” is. It is a sales page that was designed for the sole purpose of earning a commission from the brokers. Each time you deposit or create and account, the owner of JMB Profit Machine will earn a commission.
Another question is that why do they not give you the program before you deposit money with the broker? Inside the sales video one of the guys will tell you that the main reason why they give this program for free is to make network of nodes bigger which in effect will strengthen the overall speed of their program.
What I liked
- The sales video is kind of slick and you can also see that the owner has put some effort into creating the video, but that does not matter now, does it?
What I did not like
- It is not an actual product. This is only part of a sales funnel designed to make the owner money and leave your wallet empty. Most of these types of programs will work in the same way.
- Too much hype. This is really something that works on my nerves because it takes time and hard work to make money online. These marketing gurus really know which buttons to press for you to pull out tour wallet and deposit the money.
- Fake testimonials. It does not take a private investigator to know that all of those people that gave the testimonials are actors and bad ones too. It was also very funny to say the least.
What is the earning potential of online trading?
Trading has the potential to make you a lot of money or to lose you a lot of money. No one will ever know for certain if a stock price will go up or go down. There are signals that you can look at that will show you what the best probability is for a specific trade to go up or down, but no one will know for sure.
Can you build a full time income from trading? Yes you can, but you are going to lose thousands before you will reach the land of milk and honey. Experience is also a key factor here, because you should know off all the different factors that can influence the value of a stock.
Then you need to watch the market very closely before you can make a choice. Another thing that I also do not like about trading is that you will never succeed in building a passive income for yourself. Another definition for trading is basically “speculation with money” and that is it.
In the end you have spent all of your money and you have nothing to show for it. You have no asset of value or a business of any type. If profit is your only concern, then you have not taken a look at the long term standing of your business.
How can you really build a passive income?
There are 3 things that you need to understand about earning a passive income
1. It is not easy to do
If it was easy, then everyone would have a passive income by now. It takes a lot of work with a little bit of money to start with. Is it possible to make $6000 per month after 2 years? Yes you can, but there are also a lot of factors that will determine your growth.
2. It needs to marinate
To create a passive income takes a lot of time and if you are not prepared to work hard for at least 2 years, then why bother. What you need to realize is that 2 years is nothing in compared to creating an income that will almost last a lifetime.
A period of 2 years is also nothing in compared with if you have to work the rest of your life for someone that have total control over your life.
3. It is very possible
The internet has done this for me because I have a couple of revenue streams already setup. One very effective way to build a passive income is through affiliate marketing.
What is affiliate marketing?
Affiliate marketing is the process where you can sell products that are owned by other companies. You do not have to worry about shipping or administration because all you have to do is to promote the tracking links that will redirect to the product page of the company.
If anyone makes a purchase, you will earn a commission from it. The first thing that you need to do is to build a website which will be the foundation for your business and to learn how to drive visitors to your website. The picture below will explain the whole process for you.
There is only one great program that I do recommend which will teach you how to build websites and to make money off of them which will also give you a passive income as a result.