Binary Trading Yes/No

Do you trade binary? If yes, what strategy do you use?
If no, why?

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No, I’m not currently trading binary options. But if I ever decide to give it a shot, I would definitely need to come up with a solid strategy. I’ve heard that traders use different approaches like price action, trend following, and news trading. Of course, everyone’s strategy will depend on their individual preferences and risk tolerance.

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Yes, right.
I guess binary is like a game. Is it better to invest on forex trading than binary?

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many, many countries have banned them now

for good reasons

ultimately, it doesn’t matter if you can make profits from them anyway, because with binaries the odds are so hugely stacked against you that even if you can, you’d make much more trading without them anyway

it’s pretty black and white, really, if you just look at it mathematically

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Yes, you are right. But I love to try it once with a small money.

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do 100 trades on demo with it, and the same 100 trades with a forex broker at the same time and compare the results?

you’ll never touch binaries again! :slight_smile:

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Ohhhhhh. Ok :+1:

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