This lad says he’s trading binary options.
If you watch for a while, you’ll see him make trades and take profits on tiny movements.
This does not appear to be the same as we are doing. He is not mentioning, nor apparently suffering from spreads.
Does this mean he has Direct Market Access ? Is this possible on these “Binary Options” as opposed to trading brokers accounts ?
As an aside - does anyone recognise the platform he is using ?
oops perhaps I should add the link ;
Well I’ve found the platform - it’s Eu.Iqoption.com There is a difference between bid/ask but I’m not sure how it works and it is quite small when the markets are active.
The thing is he takes bets on teh 1 minute chart, [Edit - The bet finishes in one minute and you win or lose !] real time, explaining the candles as he goes. There is no Risk reward ratio. You set the bet size and if you lose, you lose that amount. If you win, the % win is displayed top right [Edit - bfore you enter] - varies between 90=% and around 72% is the lowest I’ve seen so far.
The % puts / calls are displayed left of screen. SO it’s just win /lose - excellent for sharpening “Waiting skills” and “Timing s” imo.
Have opened a demo a/c (you get a $10,000 a/c and I’m unsure what position size to start with 1% or 1/2% ? - that would be $50 trades every time. 