Binary options if it scam or real, need help reviews and complaints

TheLastBear

Banned
Jul 11, 2012
192
0
0
Options are just a different market structure as TheLastBear simply stated. You can use money managment and obviously strategies range from incredibly accurate to incredibly stupid. The way binary options are pitched is really to collect all of the desperate 'dead money' that comes along which is sickening. If you don't have a extremely tried-and-true method of trading the currency exchange or futures markets you WILL loose all of your money in the long run and most likely the short run toying with options. Forex and futures in some ways have room for abit of a learning curve (you may enter the market in a bad spot but with the right analysis you can ride it out etc.) Options markets are simple the wolves know where and when to slauter the lambs.

Exactly. I think it is funny how people compare options to gambling or a computer system which you can't beat. In my opinion there is nothing to beat and it comes to strategy and knowledge. Of course you will never get 100% of you trades right, but nevertheless I started to use binary options and I am happy with it.
 
I don't know what Binary some are trading but it doesn't match what I'm doing. I don't simply join and start trading. I sit and watch movements all day for a week or two. You begin to notice "nuances" that others fail to notice, ticks that give you clues, advance notices and such.

And if you've not a personally tested method to attack Binary, you're up the proverbial creek. Trouble is, no one wants to take the time. It took me a little over a month to set and adjust my Binary method and I'm delighted with the results. Sure, I lose ocassionally but the win column makes the loss column almost non-existent. We need to go back for another look because it's evident many have missed something.
 

Easy Trader

Master Trader
Sep 17, 2011
240
5
59
We need to go back for another look because it's evident many have missed something.

I think quite simply you just noticed something:), You noticed basic price behavior and tick behavior which purposfully or inadverently places you in the wolves column. Many other traders try to employ indicator strategies etc. instead of support/resistance and simple price behavior. Not to mention over leveraged orders or martingale money managment. This is why for them it seems impossible and for you almost effortless:D
 
Honestly, I pay no attention to support/resistance levels. Probably should but it hasn't mattered so far. A Wolf? LOL Is that good or bad? ;) I've never approached martingale and heard enough not to want to. However the "stepped method," particularly with 60 Sec., works so I stick to it. I'm finding that there are many "micro indicators" built into the Forex signal. One only has to observe and learn. My buddy claims "You have too much fun doing Forex." To me, that's key. The joy of the chase, the strategy of the engagement. That's my joy. I don't even think about the money. I know that if I'm correct, I earn. When I'm wrong, I learn. So, I "profit" either way.
 
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eyeball

Master Trader
Sep 25, 2011
164
12
49
The real advantage in binary option trading is that it minimizes risk to a known quantity--the price of the option. Most traders are prone,at one time or another, to let their losses run while cutting short their profits short. a recipe for disaster. Option trading, by its nature, has set quantities for each thus eliminating the basic error that many traders , including myself are subject to. If I can be right better than 50% of the time, and I can , than my profits are assured. Certainly profits as well as losses are limited but it seems an equitable tradeoff to me
 

Garry Evans

Banned
Oct 29, 2012
3
0
0
Hi,

Regarding the brokers you will always find multiple review from about all brokers, good or bad either way, now i trade with VIP Binary, and the reasons are clear, good customer service, on time withdrawals and most important in VIP binary you will get their brokers support to help you in your trades. that why i recommend VIPBinary.
 
I have switched to using Option Bot for my Binary leads and decisions. It's a good platform. It also actively nests 5 accounts at the same time. Binary is really a 50/50 choice, as we all well know. It's my position that OB changes that to 80/20. As with all trading, Forex or Binaries, there's risk involved. Just like going out of the house to get gas. It's how you minimize all risks that life works best. There's no book, no list of details, only experience and tools. Make the best use of both. And remember, the world is full of "naysayers." Let no one detract from your inner vision.
 

TheLastBear

Banned
Jul 11, 2012
192
0
0
I have switched to using Option Bot for my Binary leads and decisions. It's a good platform. It also actively nests 5 accounts at the same time. Binary is really a 50/50 choice, as we all well know. It's my position that OB changes that to 80/20. As with all trading, Forex or Binaries, there's risk involved. Just like going out of the house to get gas. It's how you minimize all risks that life works best. There's no book, no list of details, only experience and tools. Make the best use of both. And remember, the world is full of "naysayers." Let no one detract from your inner vision.

I would disagree that it is 50/50 because that would be gambling and binary options have nothing to do with gambling (despite the very easy market bitches by plenty of platforms who claim you do not need any knowledge just select and click and wait.). There are strategies like with every other financial product and if you understand the trade you will be able to profit day in and day out.
 

tradersam

Trader
Nov 25, 2012
6
0
12
I was reading a thread on another forum and came to a topic "How binary option brokers work?" According to him, he filled contact us form of one of the best binary option service provider. He got a call from them next day. They told him to give 20000$ or 30000$ for all charges including website, softwares, support, ect... (i am unable to recall exact price but it was something near to this). When he asked "How does it work" and thought that it will take at least few min. to them to explain everything but as strange they told him that "DON'T WORRY. YOU WILL CONTROL EVERYTHING." :D
So these broker give so much bonus because they can make you win or lose. They first make you to win and oooooo you are on sky :) and make big deposit and now you get a loss sure a big one. So choose a good binary option broker and play with less deposit. Believe me you will win good. :cool:
 

TheLastBear

Banned
Jul 11, 2012
192
0
0
When you have one question (one coin) and only two possible outcomes (2 sides), you're facing a 50/50 decision. No matter how you look at it. I use a strategy which I believe, and numbers show it, gives me an 80/20 edge. Better? :)

Yes, we can go with that :)
 
Nov 27, 2012
5
0
12
Actually with respect to the above video, it seems that the 'losing on average' is if there is no strategy involved at all, i.e., it is completely random.
 

okitoki

Trader
Dec 9, 2012
3
0
12
Hi,

Regarding the brokers you will always find multiple review from about all brokers, good or bad either way, now i trade with VIP Binary, and the reasons are clear, good customer service, on time withdrawals and most important in VIP binary you will get their brokers support to help you in your trades. that why i recommend VIPBinary.

You must be paid to type this ;)
 

okitoki

Trader
Dec 9, 2012
3
0
12
Binary options are amazing and come right in the category of "get rich quick" you can win money with good strategy but YOU CANT MAKE MONEY LONGTERM with binary options not because you will eventually lose but Because the brokers(broker in binary options is not really a broker its actually bookie or its own market maker) doesnt want you to win, let me explain how they are actually working most of you guys already know,

The broker(actually bookie) takes 100% of your money if you lose, if you win they pay you 70-85%, They take the money from losers and pay the winners(taking 15% as their profit). Under normal conditions there are about 50 winners and 50 losers for example

IN "GROUP A" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE HIGHER THAN 1.3678 AFTER 5 MINUTES AND THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
IN "GROUP B" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE LOWER THAN 1.3678 AFTER 5 MINUTES THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
EURUSD CLOSES ABOVE 1.3678 so GROUP A WINS AND BROKER PAYS 9000$ TO GROUP A BUT HAS A TOTAL OF 10,000$(5000 FROM GROUP A AND 5000 FROM GROUP B) SO 10,000-9000=1000$(BROKER'S PROFIT)
________________________________________________________________________
 

Livermore

Trader
Dec 18, 2011
17
0
17
57
Italy
www.myfxbook.com
Binary options are amazing and come right in the category of "get rich quick" you can win money with good strategy but YOU CANT MAKE MONEY LONGTERM with binary options not because you will eventually lose but Because the brokers(broker in binary options is not really a broker its actually bookie or its own market maker) doesnt want you to win, let me explain how they are actually working most of you guys already know,

The broker(actually bookie) takes 100% of your money if you lose, if you win they pay you 70-85%, They take the money from losers and pay the winners(taking 15% as their profit). Under normal conditions there are about 50 winners and 50 losers for example

IN "GROUP A" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE HIGHER THAN 1.3678 AFTER 5 MINUTES AND THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
IN "GROUP B" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE LOWER THAN 1.3678 AFTER 5 MINUTES THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
EURUSD CLOSES ABOVE 1.3678 so GROUP A WINS AND BROKER PAYS 9000$ TO GROUP A BUT HAS A TOTAL OF 10,000$(5000 FROM GROUP A AND 5000 FROM GROUP B) SO 10,000-9000=1000$(BROKER'S PROFIT)
________________________________________________________________________
 

boitm

Trader
Dec 9, 2012
1
0
12
binaryoptionsitm.com
Hi guys, I trade Binary Options for a living! Make money daily!

Its a great way to profit!
I run a website that gives free signals with some great broker reviews.

Happy Trading
BinaryOptionsITM

PS. Always practice before risking real money
 

joshhart

Active Trader
Aug 12, 2011
28
0
32
Binary options are amazing and come right in the category of "get rich quick" you can win money with good strategy but YOU CANT MAKE MONEY LONGTERM with binary options not because you will eventually lose but Because the brokers(broker in binary options is not really a broker its actually bookie or its own market maker) doesnt want you to win, let me explain how they are actually working most of you guys already know,

The broker(actually bookie) takes 100% of your money if you lose, if you win they pay you 70-85%, They take the money from losers and pay the winners(taking 15% as their profit). Under normal conditions there are about 50 winners and 50 losers for example

IN "GROUP A" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE HIGHER THAN 1.3678 AFTER 5 MINUTES AND THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
IN "GROUP B" 50 PEOPLE BET 100$ THAT EUR/USD WILL BE LOWER THAN 1.3678 AFTER 5 MINUTES THEY GET 180$(INCLUDING THE PREMIUM) IF THEY ARE RIGHT AND LOSE 100$ IF THEY ARE WRONG
__________________________________________________________________________
EURUSD CLOSES ABOVE 1.3678 so GROUP A WINS AND BROKER PAYS 9000$ TO GROUP A BUT HAS A TOTAL OF 10,000$(5000 FROM GROUP A AND 5000 FROM GROUP B) SO 10,000-9000=1000$(BROKER'S PROFIT)
________________________________________________________________________