Binary Options

Chris Paciello · Jan 27, 2015

Hello,

Has anyone tried trading Binary Options? Seen a commercial and some YouTube videos that caught my eye and was looking for more info if its something worth getting into?

Any money to be made or not really? Looks interesting but don't know too much about it.

Anyone here successfully trade Binary Options? Or has tried trading them? What was your experience like?

Any info would be greatly appreciated.

southall · Jan 27, 2015

No money in it unless they (the market maker) mess up pricing, which is rare.
The bid/ask spreads are normally huge.
Really its like buying a 50 dollar stock with a bid ask of $45/$55.
You get a rubbish price compared to what you can sell it back for, this wouldnt matter if you always won, but in reality after 10 trades you will have paid a huge amount in spread. Wiping out any profits made. After 20 trades your account will probably be all gone.

Chris Paciello · Jan 27, 2015

Thanks!

Good enough for me to pass on...

Turveyd · Jan 27, 2015

Worth doing for a few days using William Hill as they give better odds till your profitable, to sucker you in tyen reduce the odds to a level of losing slowly, in the hope you will get frustrated blame yourself and keep throwing money at them.

2 accounts, both different odds at the same time, which used to line up, mate was £400 up at the time, took it and ran

Scam, dont bother, trying to work out, market higher or lower next 5mins in damn tricky aswell.

hyperscalper · Apr 21, 2015

Turveyd said:
Worth doing for a few days using William Hill as they give better odds till your profitable, to sucker you in tyen reduce the odds to a level of losing slowly, in the hope you will get frustrated blame yourself and keep throwing money at them.

2 accounts, both different odds at the same time, which used to line up, mate was £400 up at the time, took it and ran

Scam, dont bother, trying to work out, market higher or lower next 5mins in damn tricky aswell.

Seems like you guys have executed Binary Options "with extreme prejudice" !

It all comes down to Analytics first, and Technique secondly.

I am willing to say that the normal 60%-90% payout "flip a coin" binaries are not for everyone, and can certainly be "scammy".

However, NADEX is a completely different animal for the advanced trader.

Yes, NADEX spreads are a little wider than I would like, but NADEX gives you Price Control through limit orders, and it permits Scalping of contracts prior to Expiration.

So...... although NADEX requires some knowledge and Analytic precision to master, it should not be discounted as a very efficient means of gaining a 2:1 or 3:1 "edge" Reward:Risk.

I hear most anybody in the world can get a NADEX account. It's not for totally underfunded traders, and it's not for anyone who hasn't test-driven it on DEMO just for Order Entry practice to avoid newbie mistakes.

HyperScalper

marketsurfer · Apr 21, 2015

nadex has been good to me

xyannix · Apr 23, 2015

Chris Paciello said:
Hello,
Any money to be made or not really? Looks interesting but don't know too much about it.
Anyone here successfully trade Binary Options? Or has tried trading them? What was your experience like?
Any info would be greatly appreciated.

Rule #1 - Trade with a CySEC licensed broker.

There are many websites that are scams! (see ScamBroker.com)

Based on data from Japan regulators, only 15% of traders make money with Binary Options. This is an issue with trader psychology, not the actually binary option.

There are many robots advertised which are fake. The only real one is the BinaryOptionRobot.com

gkishot · Apr 23, 2015

xyannix said:
Rule #1 - Trade with a CySEC licensed broker.

There are many websites that are scams! (see ScamBroker.com)

Based on data from Japan regulators, only 15% of traders make money with Binary Options. This is an issue with trader psychology, not the actually binary option.

There are many robots advertised which are fake. The only real one is the BinaryOptionRobot.com

Is it profitable?

hyperscalper · Apr 23, 2015

gkishot said:
Is it profitable?

NADEX (North American Derivatives Exchange) is not a Broker, but a real
regulated Exchange. **Reward** to Risk ratios range from typical 2:1 up to
an achievable 8:1 or 9:1 ratio with LIMIT orders and the ability to SCALP
prior to Expiration on Binary Options with FIXED Risk.

Yes, 800% return on Risk, instead of 70% return on Risk at "scammy"
Binary Options brokers. THINK ABOUT IT.

NADEX is now available to most countries in the world through the IGmarkets.com
and IG parent company. Exchange membership minimum funding
is ridiculously low, maybe in the $100 - $500 range, so why doesn't
everyone know about this? Because Binary Options are currently
scamming the Internet almost as much as Porn Sites !!! Use the
Real Deal... professionals go to NADEX.

There is NO REASON to use Binary Options from SCAM brokers which offer
0.7 : 1 Reward to Risk ratios and MARKET orders. NADEX uses LIMIT orders
and offers truly Professional features.

Now you know the truth, and you should aggressively move to NADEX
which is CFTC regulated, mandated by law to be "fair and transparent"
and available to ALL serious traders throughout the world.

I'm putting my money where my mouth is....

HyperScalper

gkishot · Apr 23, 2015

hyperscalper said:
NADEX (North American Derivatives Exchange) is not a Broker, but a real
regulated Exchange. **Reward** to Risk ratios range from typical 2:1 up to
an achievable 8:1 or 9:1 ratio with LIMIT orders and the ability to SCALP
prior to Expiration on Binary Options with FIXED Risk.

Yes, 800% return on Risk, instead of 70% return on Risk at "scammy"
Binary Options brokers. THINK ABOUT IT.

NADEX is now available to most countries in the world through the IGmarkets.com
and IG parent company. Exchange membership minimum funding
is ridiculously low, maybe in the $100 - $500 range, so why doesn't
everyone know about this? Because Binary Options are currently
scamming the Internet almost as much as Porn Sites !!! Use the
Real Deal... professionals go to NADEX.

There is NO REASON to use Binary Options from SCAM brokers which offer
0.7 : 1 Reward to Risk ratios and MARKET orders. NADEX uses LIMIT orders
and offers truly Professional features.

Now you know the truth, and you should aggressively move to NADEX
which is CFTC regulated, mandated by law to be "fair and transparent"
and available to ALL serious traders throughout the world.

I'm putting my money where my mouth is....

HyperScalper

Is the robot BinaryOptionRobot profitable? The don't seem to provide any proof of profitability.