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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.

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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!

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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"

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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? :confused:

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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? :confused:

 

yes, you are right...

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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.

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Traditonal Options are just as risky as Binary options. As long as you do your research and pick your spots then binary options has some advantages.. You get to choose when your option expires.. Just be ahead of where you started and u win.. Easy enough for me. Ive been on optionmint for the last year and have def had success trading binary options.. i wait for news breaks on one of the assets and pull the trigger. Everythings a risk in this world.. anybody who knows of a sure thing in the finance world please let me know

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Hello,

Looking for a trading platform, that runs locally off the computer via a software package. Everything we have come across is web-based and runs via java and flash. The site locks up constantly, and we lose trades. We are trying to trade large amounts of cash in 1 minute on binary options. Anyone know of a trading platform similar to a Forfex?

Thanks for your valuable posts

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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.

 

i trade binary options. im loving it. most of the time. i can give you a buy and/or a sell that will make you smile at the close of the day. on monday 10/15, buy the 13265, sell the 13225.

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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"
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?

Ohh Yea.!!!!!!....

Tired of quoting all similar threads. So this post is for all who think binary options or any trading market (except spread betting or others where government says it is gambling) is gambling. Do you think anything falling in the category of "Put/Call" or "Profit/Loss" is gambling??? I agree with all of u at one point that binary options trading websites look similar to gambling websites. I am strongly against the claims made by those websites. Does it make binary options gambling?

 

All business have their profit/loss accounts. I cannot think of any third thing between profit and loss (dun joke with zero now. plz). Even Gambling business have Profits and Losses and nothing else.

 

So what makes Gambling different from other businesses? Put/Call is not a definition of gambling.

 

There can be a very long debate of gambling vs non-gambling businesses and sometimes the line between them is very thin. But there is a way, for us at least, to be sure about what is gambling and what is not.

 

Our expertise in this field is not to a level where Government and other big economic institutions are. If they do not consider it gambling then why u?

Another thing. Trading is based on analysis. If u r trading without analyzing then U r gambling in this business.

Edited by M.A

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I am stock market trader but thinking to try binary options trading. I taking knowledge on internet I found OptionsAgent provide information on binary options and forex binary options. I am from India. I don't know much about binary options. but will try definitely.

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Definitely check out this video before going further with Binary Options. It discusses a Forbes.com article which equates Binary Option trading to gambling.

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thanks for sharing video

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I'm sorry to be the witch in church here but binary options trading IS gambling. And I don't mean gambling in the way that many people accuse all trading of being gambling (me not being one of these people). Binary options trading is gambling for the following reasons.

 

1. The broker you trade with, regulated or not, IS the house. They do not have liquidity providers, they do not forward your trade onto the real markets or onto an exchange or anything like that. Which basically means that if you win, they lose. Simple as that. That's pretty much how a casino works right? And with such a glaring conflict of interest do you really think that the rest of their practices are completely above board?

 

2. They say you only have to correctly forecast an up or down movement, right? Well this is wrong. You have to correctly predict whether the price will rise or fall, yes, but also the window of time that this will take place in. Thismakes it much much harder to win. In Forex you choose when to close the trade, in binary options you have to agree to close the trade at a preset time. (Don't argue with this, I know they offer you other options too, but these are pretty inflexible and never seem to be available when you need them.)

 

3. Their focus on bonuses makes them much more like online gambling venues than anything else. The idea being to get you hooked on the bonus and then to not permit you to withdraw your funds with all sorts of unfair trading volume requirements that need to be met before you can make any withdrawals.

 

This is just the tip of the iceberg people. Do your research. Last weekend while browsing for evidence I can across this series of articles:

 

The Great Binary Options Scam Part One: Full Disclosure

 

...which I found pretty interesting. Have a look for yourselves and keep an open mind.

 

There are transparent, safe and fair trading options out there people, but binary options isn't one of them.

Edited by elliot wave

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hi there,

 

while I do agree with the general lines there that binary options are somehow missleading, it is worth noting that they have a big advantage: gets the trader to be disciplined.......you cannot exit after you bought a call or a put, except at the expiration date.....and this makes you take the time element into consideration and this is one of the most difficult things to do when trading.........and if you fail on binaries, then you most likely are going to fail on your trading too as binaries, through their expiries dates, basically gets you out of a possible loosing position (that is the stop loss) and you are not tempted to keep the losses run as the trade is automatically done.

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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.

 

Yessir. I trade with nadex. Best place for binary options. And like you, I wish there were more people discussing binary options here. Are you still trading?

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