Search results

  1. W

    Binary options - how to improve

    I just realized that yes it is closing the position if you get the exact price (which you can) but you likely will not get the exact expiry time. If they are seconds apart one side will remain open and unprotected....but it also leaves room to potentially still profit from both sides which has...
  2. W

    Binary options - how to improve

    I will take profits every week so can't lose that much. If they pissoff not much I can do...I guarantee I have/will lose more to fees trading options.
  3. W

    Binary options - how to improve

    well I'm three for three...the last one was a slip of the mouse. How are they going to manipulate it if they have hundreds of trades on either side? One side has to win.
  4. W

    Binary options - how to improve

    Aren't binary options path independent?
  5. W

    Binary options - how to improve

    I checked and not available in Canada...same with most like quotex, IKBR. I would have to set up a VPN but it makes funding difficult etc. I'm tired of all the bs restrictions. Like wtf?
  6. W

    Binary options - how to improve

    Yes. You aren't actually buying anything with the binaries ..no margin...no risk other than capital.
  7. W

    Binary options - how to improve

    They have been around since 2017 and everything looks legit ..they have incentive because they are getting a portion of every payout. You don't have to sell me on the viability of 0-5 dtes as that is my sweet spot and imo are the only options with a decent chance to profit in...but for a pure...
  8. W

    Binary options - how to improve

    I think D is saying that they are side bets...the transactions do not have any direct affect on the sentiment of the actual market. You basically trade against a counter-party which eliminates the need for a market maker. That's my take on it.
  9. W

    Binary options - how to improve

    You can do as low as 5 seconds. if you go to pending trades on the right you can do conditional orders based on time or price. You can also select the minimum payout to trigger the trade
  10. W

    Binary options - how to improve

    Well they will have their place as far as "Insurance" on an underlying...but as a trading mechanism they are not optimal. If you are just buying options or verticals and hoping to flip for a higher price then you are better off trading binary options imo Compare : Options (old school) -pick...
  11. W

    Binary options - how to improve

    Yes I will still sell spreads...but I would really like to see no fees for starters...even .60 per contract is highway robbery. It should be .05 cents per contract at the most and no closing costs. Or just a flat rate. the market makers make their money on the spread...just do away with brokers...
  12. W

    Binary options - how to improve

    Yes but the next generation of traders is not interested in the old ways of trading so we are creating new ways...ever since the GameStop fiasco retail has woken up.
  13. W

    Binary options - how to improve

    With binary options it doesn't close your positions it just means you are playing both directions.
  14. W

    Binary options - how to improve

    Binary are better than futures....no conracts..interest hold over fees whatever...no comparison...binary is more like your personal atm open 24 7 :) I agree insurance was the original concept of options...but they are so over priced when compared to home insurance. I just started a topic about...
  15. W

    Binary options - how to improve

    not anymore especially with crypto pairs and payouts in crypto. Old school options are a dinasaur.... unsustainable imo if they do not adapt ..look how long they took to get rid of floor trading? What was that last year ? :) Binary options today can do to institutional options what Bitcoin did...
  16. W

    Binary options - how to improve

    The difference is with binary you get a 92% payout by being .01 ITM. How much would you get from regular options for being .01 ITM? The bottom line is if you are correct directionally the you should get paid. If I say APPL is going to be above the current price in 30M then I get paid. With...
  17. W

    Binary options - how to improve

    I am referring to them as "bets" but they are anything but. I have only had experience with one broker (Pocket options), and some of the trading features are: You are able to do conditional orders based on price or time. You can also box positions meaning you can take a short position against...
  18. W

    0DTE options craze

    Ok so 30 trades in I am at a 71% win rate...would have been higher without the mishaps. I am also usually at a reward:risk of about 50:8 or 100:16. I can box in trades which is a million times better than stopping out. The best part is there are no fees, no spread, no time decay, all I have to...
  19. W

    0DTE options craze

    Ok a little end of the night mishaps. I put a trade a 10 minute trade on for $50 but didn't realize it was set to 1 minute so I lost that one...would have been a winner. Then the revenge trading kicked in and I placed a 4 minute $100 trade and won that one BUT didn't realize I had actually...
  20. W

    Why are options so expensive compared to home insurance?

    Oh that's whats going on...I only deal with indexes so they skew towards the put side whereas stocks tend to skew towards the call side.
Back
Top