Trading with binary options, is it possible to earn this way? - Page 2
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  1. #11
    Join Date
    Nov 2016
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    9
    Quote Originally Posted by ZombieTrader View Post
    Of course, as you can in other types of trading.

    But, i think that having forex knowledge and experience is a must, if you want to fully exploit binary options and be profitable on a consistent level.
    very true. Binary options is just the same as Forex trading but you are using a different instrument to profit from price changes

  2. #12
    Join Date
    Mar 2016
    Posts
    389
    Quote Originally Posted by JoJo23 View Post
    very true. Binary options is just the same as Forex trading but you are using a different instrument to profit from price changes

    Sorry but its not just the same as forex, its more like roulette pure gambling

    To be avoided at all costs imho

  3. #13
    Join Date
    Jul 2013
    Posts
    2,540
    Quote Originally Posted by JoJo23 View Post
    very true. Binary options is just the same as Forex trading

    I'm afraid it just isn't.

    Trading forex binaries has some similarities to forex trading, certainly, but the reality is that it also has an additional disadvantage to aspiring traders in that in addition to all the normal problems and difficulties and requirements of trading forex successfully, there's also a significant, extra, built-in house edge to overcome as well.

    A long, slow, careful read through this thread may assist you: http://forums.babypips.com/binary-op...ns-beware.html

  4. #14
    Join Date
    Feb 2017
    Location
    London
    Posts
    3
    Been down this path before. Beating the 3-1 win loss ratio, sharp spikes, spread manipulation. Oh and on the line close counts as a loss. What is it? Its BETTING whether price is going up or down. Its not an asset and the trader DOESNT own the underlying asset.

  5. #15
    Join Date
    Mar 2017
    Posts
    58
    Do some of you forum posters actually trade binary options? It seems as if every post has a guy that says don't trade binary options. You can make money using binary options just as people make money trading forex, or stocks. As long as you choose a reputable and regulated broker. Also have a stratgey.

  6. #16
    Join Date
    Mar 2017
    Posts
    58
    Quote Originally Posted by Glennmaru View Post
    Binary options is a losing game just like gambling. Drop the idea dude
    Isnt all markets a losing game that's why most traders don't make it? Especially forex.

  7. #17
    Join Date
    Mar 2017
    Posts
    58
    Quote Originally Posted by TheLastBear View Post
    That really depends on the trader. I think most blow their accounts faster than in forex as the ad campaigns are much worse claiming no knowledge needed etc. Can you make money? Yes, it is possible but as always you need to know what you are doing. It has little to do with gambling unless you for those ultra-short expiry times.
    I can agree with you on this. Short expiries as in 30 secs, 60 seconds and 5 mins are gambling but 1 hour and 1 week expiries? Its different.

  8. #18
    Join Date
    Mar 2016
    Posts
    389
    Quote Originally Posted by LvlOneTwenty View Post
    Isnt all markets a losing game that's why most traders don't make it? Especially forex.
    You're determined to keep promoting binary options, aren't you.
    Not a B.O. broker by chance? (Just kidding)

    http://forums.babypips.com/binary-op...tml#post806559
    Last edited by CarlosRay; 03-19-2017 at 04:44 AM.

  9. #19
    Join Date
    Mar 2017
    Posts
    58
    Quote Originally Posted by Carlos Ray View Post
    You're determined to keep promoting binary options, aren't you.
    Not a B.O. broker by chance? (Just kidding)

    http://forums.babypips.com/binary-op...tml#post806559
    No I'm just here to defend another kind of financial instrument that is highly speculative. At the end of the day, I have put money in and completed a withdrawl with no hassle. But for anyone results may very. Do you even trade binarys? Have you ever traded binarys with a regulated broker?

  10. #20
    Join Date
    Mar 2016
    Posts
    389
    Quote Originally Posted by LvlOneTwenty View Post
    No I'm just here to defend another kind of financial instrument
    Defending the indefensible, in my opinion. But i can understand why you would, having seen your youtube channel
    Last edited by CarlosRay; 03-19-2017 at 11:34 AM.

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