Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Binary trading

Reply
richie_1
New Contributor
Any of you guys doing binary trading?
0 Kudos
Reply
8 REPLIES 8
Impala
Occasional Contributor
0 Kudos
Reply
richie_1
New Contributor
is it safe.... can you loose money.
0 Kudos
Reply
Super Contributor
0 Kudos
Reply
Super Contributor
Garth Mckenzie had a Trader's Corner program on it on BDTV a couple of weeks back. If you go to the BDTV website you can find it and watch it. And yes, you can definitely lose money!
0 Kudos
Reply
Highlighted
BullsnBears
Contributor
If you have money to throw away rather go to a casino. You won't win on binary trading. The odds are always in favor of the house (your broker).
0 Kudos
Reply
Impala
Occasional Contributor
You got to be very careful,can lose all your money,however trading yourself and not by computing or roboting and don't be guided by your broker,be guided by your instincts and the only way to beleive your instincts is to educate yourself on the Binary markets.Remember you got to watch the markets very very closely to determine your position.You are the best broker and as BullsnBears says"The odds are always in favor of the house (your broker).These guys are merciless merciless merciless.Right now i have a CALL on Vodafone UK @222.23 which expires on31 October 2016 the broker wanted me to go on a PUT and i think that at expiry Vodafone UK will be more that 222.23 and it is heading that way and if it stays like that then i walk away with USD3400 in two weeks but it's not easy and choosing the correct Binary company isVERY IMPORTANT.
0 Kudos
Reply
Impala
Occasional Contributor
You got to be very careful,can lose all your money,however trading yourself and not by computing or roboting and don't be guided by your broker,be guided by your instincts and the only way to beleive your instincts is to educate yourself on the Binary markets.Remember you got to watch the markets very very closely to determine your position.You are the best broker and as BullsnBears says"The odds are always in favor of the house (your broker).These guys are merciless merciless merciless.Right now i have a CALL on Vodafone UK @222.23 which expires on31 October 2016 the broker wanted me to go on a PUT and i think that at expiry Vodafone UK will be more that 222.23 and it is heading that way and if it stays like that then i walk away with USD3400 in two weeks but it's not easy and choosing the correct Binary company isVERY IMPORTANT.
0 Kudos
Reply
Super Contributor
ag ffs, its a scam, if you win they just cut your feed for 0.5 hour. That happens 3x , & you a mental mess that cant trade no matter how well yo prepare. just stay away.
0 Kudos
Reply