Why people keep on trading binary options, dispite the fact, that everybody say, thay its a scam and its impossible to earn on it?
Why are you here to troll BO traders?
It’s simple. Because everybody wanna earn a lot of money without any actions and expectations. That’s why binary options created 60 second trading.
Because they give an ILLUSION that you are either “Right or wrong” and you assume it’s a 50-50 win lose, where you would just need a TINY edge !
You can take a bet without knowing anything and you will be right a portion of the time “Just like proper trading” - instant gratifcation and short attention span - like facebook, twitter and “Google searching instead of reading books” ! - lol
Maybe they don’t think forex is a scam, many people do though. Of course these people don’t know the first thing about it and they don’t want to.
I wonder if its the other way round. People go into binary options trading because they believe all existing forex trading is a scam.
Let’s say there are 10 ways to trade the markets and a new struggling trader believes all of them are scams. Then someone offers an eleventh way to trade. All the firms in the first 10 and their regulators and all their clients say option No.11 is a scam. But why believe them? - they are all involved in one of 10 scams already operating.
From that standpoint, option 11 now doesn’t look like a bad idea. It may turn out to not be a scam, because the existing “scammers” are against it, and why would they be against scamming? If it does turn out to be a scam, then that’s no worse than all the other “scams” and all the other"scammers" and there’s at least a chance of making money. So why not?
I wonder if this unconscious psychological process is part of the explanation for what draws apparently intelligent people into the most stupid scams like binary options?
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