The Pearson Method

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7 Binary Options

The Pearson Method is a binary options trading platform that claims to earn millions of dollars for traders by generating fully automated trading signals and placing trades on autopilot. Tim Pearson is the creator of Pearson Method and claims it has earned him 1.5 million dollars in just under a year. Pearson claims his trading software can earn traders upwards of 100 dollars a minute.

First of all, we need to keep in mind that no binary options system can earn traders a million dollars in just a year, unless of course, they are willing to invest huge amounts of their own money in doing so. This is just not realistic. Based on these grandiose promises alone, we have our doubts about the legitimacy of this automated trading system.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 85%
Minimum Deposit: $250
Countries: All nations

  • Fully automated
  • 60 seconds trading
  • Unrealistic trading ratio
  • Does not produce the profits they initially promise
  • No response from customer service
  • Too many negative reviews

7BO Verdict:

Not Reliable Service

How does it work?

Pearson Method is a fully automated trading system that analyzes the latest market trends and data and generates signals for traders based on that information. The signals are supposed to be based only on profitable trades so traders are guaranteed to earn a consistent profit with Profit Genius. The Pearson Method works the same as any other binary options trading system.

First, you must create an account by entering your general information, and then you must register with one of their official brokers. Next, you must fund your account with a minimum deposit of at least $250 before you can begin trading. Then you need to set up your trading parameters and then the system will initiate trades on your behalf.

This would be great if the system produced accurate results. As of this writing, we have yet to see the profits that they promise on their sales page. Another red flag is that we cannot verify if their brokers are in fact licensed and registered, so we cannot vouch for the legitimacy of this service.

We could not get a hold of a customer service support team member to ask even a basic question. This left a bad taste in our mouths. Nor could we find any positive feedback online regarding Pearson Method. We did find numerous complaints that traders lost their entire investment and never saw any real profits with the Pearson Method.

User Opinions

According to the opinions I found online, The Pearson Method is not the most reliable trading system on the market. Here are some examples:

Final Conclusion

At this time, due to lack of unbiased reviews and substantial proof of earnings, we cannot verify the accuracy of the Pearson Method. We feel that the negative complaints to do not justify this system nor are traders seeing any profit returns. We highly recommend that you sign with a more reliable trading software program.

Pearson’s Correlation Coefficient

Pearson’s correlation coefficient is the test statistics that measures the statistical relationship, or association, between two continuous variables. It is known as the best method of measuring the association between variables of interest because it is based on the method of covariance. It gives information about the magnitude of the association, or correlation, as well as the direction of the relationship.

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Do test scores and hours spent studying have a statistically significant relationship>

Is there a statistical association between IQ scores and depression?

  1. Independent of case: Cases should be independent to each other.
  2. Linear relationship: Two variables should be linearly related to each other. This can be assessed with a scatterplot: plot the value of variables on a scatter diagram, and check if the plot yields a relatively straight line.
  3. Homoscedasticity: the residuals scatterplot should be roughly rectangular-shaped.
  1. Limit: Coefficient values can range from +1 to -1, where +1 indicates a perfect positive relationship, -1 indicates a perfect negative relationship, and a 0 indicates no relationship exists..
  2. Pure number: It is independent of the unit of measurement. For example, if one variable’s unit of measurement is in inches and the second variable is in quintals, even then, Pearson’s correlation coefficient value does not change.
  3. Symmetric: Correlation of the coefficient between two variables is symmetric. This means between X and Y or Y and X, the coefficient value of will remain the same.

Degree of correlation:

  1. Perfect: If the value is near ± 1, then it said to be a perfect correlation: as one variable increases, the other variable tends to also increase (if positive) or decrease (if negative).
  2. High degree: If the coefficient value lies between ± 0.50 and ± 1, then it is said to be a strong correlation.
  3. Moderate degree: If the value lies between ± 0.30 and ± 0.49, then it is said to be a medium correlation.
  4. Low degree: When the value lies below + .29, then it is said to be a small correlation.
  5. No correlation: When the value is zero.

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    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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