Forums Trading Systems Discussion Trading system, Binary Options!

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  • #12042
    Joakim
    Participant

      Hi dear traders! First of all sorry for my English.

      I want to discuss and find help from you for my trading in binary options. I know that all of you, or most of you spot forex traders, someone of you will tell me that binary options it’s gambling, don’t trust your money to such kind of brokers and so on, I heard it many times, but I trust that you can help me, I really want to learn something new from you. Can you give me any advices for creating some profitable system? as you know for earning money in this game, you should predict next bar (if you work on 1M TF = next candle expiration, 5m TF = 5 min expiration, 15m TF = …. , 3om TF = …. , etc.) or (work on 1m TF = 5 min expiration = 15 min exp., etc….) I learned a lot of threads, and it was my problem, too many information in my mind now  :dumb_smile:  hope you will help to new, young penguin  :-)

      #12055
      MTH2014
      Participant

        This reply has been reported for inappropriate content.

        Hi Brother, too bad there’s no response here..lol,  Yeah maybe because you are in the different league, but I know binary option, just like spot forex you could make it as your gambling arena, or your business arena, still both has common aspect ‘risk to handle’. Professional Poker Player do math analysis very intensively and the advantage of Poker game is that the probability is well measured from the beginning of the game and keep reducing during the match. In the other hand, forex or binary option in this case is look more easier, there’s no 52 deck of cards probability but basically only 2, Rise or Fall but still difficult to handle ..lol.

        This is because beside that very simple probability of Rise or Fall, there’s another dimension of time and location and that make it become ‘infinitive’ probabilities.

        That’s why, they dare to open such binary option brokerage companies, they know exactly that this is not ‘as easy as they look’ only up or down.. lol and the contract winning rate ratio that always give them an edge.

        Btw, if you never learn it before I just suggest you to learn divergence, this is one of the ‘sure thing’ about next direction, and because binary option don’t need minimum range to profit just ‘correct’ direction then learning divergence will help you more than their common use in spot forex.

        Hope it help and best regards

        MTH

         

        Intuition, Experiences and Common sense..
        http://www.binaryoptionsedge.com/

        #12058
        gg53
        Participant

          This reply has been reported for inappropriate content.

          Why NOT to trade Binaries?

          1. It’s not just the price direction that you have to “guess”, but the exact direction within certain time limit.

          2. Why risk $100 to gain just ~$75 (if your “guess” is right, and the broker is honest…)?

          Fools game….

           

          G.

           

          #12078
          simplex
          Moderator

            This reply has been reported for inappropriate content.

            Agree to disagree:

            Why NOT to trade Binaries? 1. It’s not just the price direction that you have to “guess”, but the exact direction within certain time limit. 2. Why risk $100 to gain just ~$75 (if your “guess” is right, and the broker is honest…)? Fools game…. G.

            Poor R:R ratio combined with rigid trade duration prohibits trading BO’s for me personally.

            s.

            A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

            #12089
            Joakim
            Participant

              This reply has been reported for inappropriate content.

              Hi Brother, too bad there’s no response here..lol, Yeah maybe because you are in the different league, but I know binary option, just like spot forex you could make it as your gambling arena, or your business arena, still both has common aspect ‘risk to handle’. Professional Poker Player do math analysis very intensively and the advantage of Poker game is that the probability is well measured from the beginning of the game and keep reducing during the match. In the other hand, forex or binary option in this case is look more easier, there’s no 52 deck of cards probability but basically only 2, Rise or Fall but still difficult to handle ..lol. This is because beside that very simple probability of Rise or Fall, there’s another dimension of time and location and that make it become ‘infinitive’ probabilities. That’s why, they dare to open such binary option brokerage companies, they know exactly that this is not ‘as easy as they look’ only up or down.. lol and the contract winning rate ratio that always give them an edge. Btw, if you never learn it before I just suggest you to learn divergence, this is one of the ‘sure thing’ about next direction, and because binary option don’t need minimum range to profit just ‘correct’ direction then learning divergence will help you more than their common use in spot forex. Hope it help and best regards MTH

              Thank you brother Kiads for your help.

              #12090
              Joakim
              Participant

                This reply has been reported for inappropriate content.

                Why NOT to trade Binaries? 1. It’s not just the price direction that you have to “guess”, but the exact direction within certain time limit. 2. Why risk $100 to gain just ~$75 (if your “guess” is right, and the broker is honest…)? Fools game…. G.

                Thank you brother gg53 for you thoughts

                #12841
                simplex
                Moderator

                  This reply has been reported for inappropriate content.

                  Though I’m not a fan of binary options, here’s a blog post dealing with the topic I stumbled upon this morning and consider worth reading.

                  BTW: I think that most posts of that blog are well written and mathematically sound.

                  A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

                  #12843
                  Anti
                  Participant

                    This reply has been reported for inappropriate content.

                    You could follow @MTH2014 on Binary Options Edge. He seems to be able to trade BOs successfully.

                    • This reply was modified 9 years, 10 months ago by Anti.
                    #12846
                    Joakim
                    Participant

                      This reply has been reported for inappropriate content.

                      Thank you guys for your replies. But I’m quit from this business. I sit and thought, for exapmle I invest 1 dollar, and if I win, I’ll take just .85 in the best way. POOR R:R, you’re right brother @simplex. Also in spot forex I can control my trade after I took an enter, so now all my attention in spot forex.

                      P.S. Sorry for my English

                       

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