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luckynas
Forums Member
Joined: 8 Sep 2010
Posts: 1
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#1 · Posted: 8 Sep 2010 19:16
Has anyone here ventured into binary options and what has been their experience just saw something on it and considering trying it out but dont know much about the business yet, any pointers?
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talfighel
Joined: 17 Mar 2007
Posts: 1170
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#2 · Posted: 9 Sep 2010 07:46
Maybe you should go into Google and do a search for it. I don't see any replies to your question here yet.
There is so much info in Google that you will probably be overwhelmed with info, both good and bad.
Tal
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winsten
Forums Member
Joined: 15 Jul 2011
Posts: 6
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#3 · Posted: 15 Jul 2011 09:32
Binary options results from two condition that is dependent upon the target. Either you hit the target or you miss the target. Example, whether DJ will end up in the red or not. An options basically limit the amount of losses that you can possibly incur by rendering your bets to zero upon expiry without the need to top up to maintain margin.
I have traded forex, stocks and futures for a couple of years using my own savings. To be honest, I have lost at least a few hundred thousands. It is not easy to make money from these trading unless you happen to be a very discipline person and have vast understanding of basic economics, marco econs, company financial statement, GDP, CPI, commodities pricing and more.
When we discuss about forex currency pairs, are you aware that when commodities prices falls, Aussie dollars drop? Why is that so? Because Australia is one of the major exporter of commodities, when prices of commodities drop it affects the Aussie dollar negatively. How about when Company reports better than expected results, why does it drop in share price? This is because the expectation of beating estimate has already been factor into the pricing and when the actual news is out, the big boys exit their position to take profit.
The above are just some of the simple example which you need to know to even begin to learn about binary option trading. Please take note that binary option trading can be regarded as gambling as it is a zero sum game. For you to make a 0.95 cents, someone have to lose a dollar. The broker house will profit the difference in spread for their profits.
If you intend to use this as a single source of home based income, my advice is to reconsider your choice. Maybe you can diversify your income stream. If you need more help, let me know again via this forum. I will try my best to reply you soonest. But I believe there are also other forum members who are experience enough to give you some guidance on this.
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jonabrown77
Forums Member
Joined: 16 Jan 2012
Posts: 2
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#4 · Posted: 24 Jan 2012 00:13
Do you guys know/use any site that has a minimal deposit that is lower than 50$.
Thanks!
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jonabrown77
Forums Member
Joined: 16 Jan 2012
Posts: 2
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#5 · Posted: 30 Jan 2012 23:30
jonabrown77
Forex software?
I was thinking about using some trading software such as Forex Megadroid or Fap Turbo software. Has anyone used any of this software at all? I did find this PDF on the Forex Megadroid which is helpful (http://www.thepdfportal.com/forex_megadorid_3.pdf). Unfortunately all of the "reviews" on the web look like affiliates..
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Jim Profit
Forums Member
Joined: 18 Feb 2012
Posts: 1
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#6 · Posted: 18 Feb 2012 06:13
Hi, guys! 
Anyone tried marketsworld.com for binary options yet? They say they pay out 95% profit on winning trades which is substantially more than all other binary websites (I have used any option before which pays about 71%) and marketsworld are licensed in Great Britain??
Are they a new site?
I had not heard of them until recently.
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No risk, no fun. Play the game!
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mmartinez
Forums Member
Joined: 29 Feb 2012
Posts: 1
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#7 · Posted: 29 Feb 2012 18:48
Hey guys, I was wondering if anyone knows good travel insurance to buy? I came across travel insurance clubs to join, as a mobile phone application, on myTravelSOS? My wife and I are going to Spain for a couple of weeks this spring, and need to join one of these insurance clubs. Each one offers a great deal on travel medical and legal insurance, but I'm not sure which one to join. The cheapest one costs about 15 dollars. I googled other travel insurance, and couldn't find any that offer legal insurance as well as a virtual personal assistant. If anyone has information on cheaper travel insurance that has the same features, or if you have experience with myTravelSOS insurance and have advice for me, I would greatly appreciate it.
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dean123
Forums Member
Joined: 9 Mar 2012
Posts: 1
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#8 · Posted: 9 Mar 2012 13:12
I like marketsworld too. I wish stock markets stayed open over the weekend. Gone are the days when stores shut on Sundays. Stock exchanges should get with the times.
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Kyle_K
Forums Member
Joined: 14 Feb 2012
Posts: 47
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#9 · Posted: 19 Mar 2012 19:15
From what I have heard about binary, it is not something for me. The program I am with the compensation is clear and straight forward. There are not break aways, no balancing acts and no tricks. I get paid as much as 21% on my customers and 7% on theres. That's clear to me.
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FreeCashMan
Forums Member
Joined: 31 Dec 2007
Posts: 1113
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#10 · Posted: 25 Mar 2012 12:00
People make money at trading binary options, options, stocks, forex etc. And people lose money at it. Just like any venture. Finding a good reliable source to help you get trained and do good trading transactions is the key.
Search around for sources with a good track record and training and that should help you succeed.
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