Hows it a scam? I earning from it since more than a year now.Cladi39 wrote: Sat Jul 24, 2021 3:06 am I know you from BOE too, good coder, nice to see you.
The whole forum was adsorbed by that guy who created the Lassy Larry strategy and then it closed.
The binary a scam we all started on.
What broker do you use?shaileshm wrote: Tue Jul 27, 2021 3:07 am Hows it a scam? I earning from it since more than a year now.
Yes many brokers are scam. That I agree.Cladi39 wrote: Tue Jul 27, 2021 5:28 am What broker do you use?
Check this post pls.
viewtopic.php?p=1295439602#p1295439602
I have over half a dozen brokers currently I and keep circulating every month lolThis is what makes BO a bit more challenging than say spot fx. So maybe many people will have issues dealing with it. But lets say if you can get in when there is strong momentum you will usually win.Cladi39 wrote: Wed Jul 21, 2021 3:02 am In binary you have several things against you.
1- The time ( you have a time of expiration)
But you still have enough time. Usually whole of London, Europe , US and a significant amount of Asian session is available with most of the brokers.2- You cant trade at any time of the day.
Thats not so important I guess. I understand people have their favorite pairs. But price action is same in all pairs.3-You cant trade all pairs all the day
Not is US and Europe - London session usually. And those sessions are also good for BO because prices moves the most there.4-Payout is less at certain pairs or hours.
Mine is 100%5-You most have 80% win rate or above ( if you have this you are a guru)
. This is after 7-8 years since I started looking into the game.
Quite on the contrary my 60 sec trades are flawless. I trade it from a 15 sec TF. I can also trade 5 sec expiries with 1sec TF.6-Is suicide trade in 1 minute time frame.
This issue I agree. My method is I have a different broker every month. And I try to stay below the radar. I also have account with NAdex and dukascopy which are more reliable.7-After all if you can win start praying to get paid.
If you can not trade all hours , all pairs and the payout is diffrent you will lost oportunities.shaileshm wrote: Wed Jul 28, 2021 2:41 am This is what makes BO a bit more challenging than say spot fx. So maybe many people will have issues dealing with it. But lets say if you can get in when there is strong momentum you will usually win.
But you still have enough time. Usually whole of London, Europe , US and a significant amount of Asian session is available with most of the brokers.
Thats not so important I guess. I understand people have their favorite pairs. But price action is same in all pairs.
Not is US and Europe - London session usually. And those sessions are also good for BO because prices moves the most there.
Mine is 100%
Quite on the contrary my 60 sec trades are flawless. I trade it from a 15 sec TF. I can also trade 5 sec expiries with 1sec TF.
This issue I agree. My method is I have a different broker every month. And I try to stay below the radar. I also have account with NAdex and dukascopy which are more reliable.
you dont need to trade all hours. 3-4 trades a day is more than enough. I understand professionals dont trade BO. But Thats their problem.Cladi39 wrote: Wed Jul 28, 2021 3:18 am If you can not trade all hours , all pairs and the payout is diffrent you will lost oportunities.
Oher way any proffesional trader will tell you that Binary is scam. ( with not regulated brokers you are not puting the money in real market)
A newbie trader will lost money thats sure.
An a professional trader dont trade on binary thats sure.
I know you since BOE i have more time tradeing I initiate this game on binary too but when i lost my first U$100 I change to Forex.
listen to yourself. The only negative with BO is brokers ( I dont need more problems)shaileshm wrote: Wed Jul 28, 2021 3:55 am you dont need to trade all hours. 3-4 trades a day is more than enough. I understand professionals dont trade BO. But Thats their problem.
The only negative with BO is brokers. As long as you get honest brokers (maybe nadex etc) its fine.
Thats fine. Overall I agree its hard to be successful at BO.Cladi39 wrote: Wed Jul 28, 2021 4:11 am listen to yourself. The only negative with BO is brokers ( I dont need more problems)
I dont want to spam the treath soo lets the people draw their conclusions
Which broker? And what is commission . do we can trade for small points same like binaryCladi39 wrote: Wed Jul 28, 2021 3:18 am If you can not trade all hours , all pairs and the payout is diffrent you will lost oportunities.
Oher way any proffesional trader will tell you that Binary is scam. ( with not regulated brokers you are not puting the money in real market)
A newbie trader will lost money thats sure.
An a professional trader dont trade on binary thats sure.
I know you since BOE i have more time tradeing I initiate this game on binary too but when i lost my first U$100 I change to Forex.