[cuttshot]

I know there was a little discussion of binary options a while back but that thread seems to have died out. I keep getting more and more info on these products every week. Is anyone trading binary options at this point? I have looked into them in the past but never done anything with them.

There are so many products out there today that it's difficult to keep up with everything. At the same time I'm always open to new ideas. If anyone has had good success with these products let me know. Brokers, products, times of day to trade, etc.

[what a trader]

I do, just started a week ago, it's pretty legit. I bought a system called BO30S and I already earned around $300 this week. Maybe you wanna try it. I got it for free tho.
I think this is the website extrasignals.com

hope that helps!

[Obsidian]

Originally Posted by cuttshot »

I know there was a little discussion of binary options a while back but that thread seems to have died out. I keep getting more and more info on these products every week. Is anyone trading binary options at this point? I have looked into them in the past but never done anything with them.

There are so many products out there today that it's difficult to keep up with everything. At the same time I'm always open to new ideas. If anyone has had good success with these products let me know. Brokers, products, times of day to trade, etc.

From what I've seen so far, binary options trading web sites look not different than gambling sites...then it makes you think "the house always wins"

[NeoTrader]

Forgive my ignorance, because I am certainly not well versed in the matter, but isn't simply buying a put or call already binary in nature? You either collect a profit or give up your premium. Profit or nothing.

Right?

[Obsidian]

Originally Posted by NeoTrader »

Forgive my ignorance, because I am certainly not well versed in the matter, but isn't simply buying a put or call already binary in nature? You either collect a profit or give up your premium. Profit or nothing.

Right?

yes, you are right...

[Trader1]

maybe Im missing something? but the binary options outfits seem to be nothing more than a scam, why do I believe that? you can only win 70-90%, you might say thats good, allmost 100%?? yea but hold on a sec, it's up to 90% of the amount you invested, that will give you a risk to reward ratio under 1:1, if you know something about that you might know that 1:1 is brake even, and 90% is UNDER that! so how is it possible to beat that I wonder? first you must have a very good win ratio, not even 50 % is enough here, probably something over 60% will set you at brakeven and any winratio above that would make you a tiny winner, to make anything substantial you are going to need a incredible win ratio. I would guess close to 80%, most pro traders don't even have that kind of win ratios, I could be wrong but this just doesn't look possible, better to trade real options in my opinion.