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Author Topic: Is Binary Options The Same as Trade?  (Read 4565 times)
Zadicar
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December 22, 2016, 09:52:55 AM
 #21

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

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December 22, 2016, 10:46:31 AM
 #22

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Forex trading and Binary option have some similarities but they also have differences.  Among the similarities are being able to trade online and both users can start trading with a small amount. They are also profit from the movement of the market where users are guessing for the direction of market. 
The difference is that binary option have fix risk and fixed rewards and traders are shown upront their earnings if their prediction is right unlike the forex trading where you never know your profit until your stocks were all sold.

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December 22, 2016, 09:01:20 PM
 #23

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Agree with you, basically binary option action is based on yes or no decision, which it's like gambling the price also at a certain time, which it could be not happens instead.
According to this: https://en.wikipedia.org/wiki/Binary_option this form is exposed as scam with the scheme use trading structure, so people just see it's just a trading system with different form.
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December 26, 2016, 01:17:35 PM
 #24

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

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December 26, 2016, 04:52:45 PM
 #25

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

I agree, both relies on the same price forecast of the stocks.  Both are affected by outside factors, and both is predicted in the same manner like using charts, news, etc.  The  difference of this two is that, they have different pay out, fees, risk and entirely different liquidity structure and investment process.
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December 26, 2016, 07:19:13 PM
 #26

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

I agree, both relies on the same price forecast of the stocks.  Both are affected by outside factors, and both is predicted in the same manner like using charts, news, etc.  The  difference of this two is that, they have different pay out, fees, risk and entirely different liquidity structure and investment process.
These differences are making to consider binay option similar to gambling because it also has huge risks same as gambling and instead of using predictions, we are just trying to make use of the fluctuations in very quick time. Even binary options are based on trading, it simply sounds as gambling.
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December 26, 2016, 10:19:22 PM
 #27

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

I agree, both relies on the same price forecast of the stocks.  Both are affected by outside factors, and both is predicted in the same manner like using charts, news, etc.  The  difference of this two is that, they have different pay out, fees, risk and entirely different liquidity structure and investment process.
These differences are making to consider binay option similar to gambling because it also has huge risks same as gambling and instead of using predictions, we are just trying to make use of the fluctuations in very quick time. Even binary options are based on trading, it simply sounds as gambling.

There are similarities between gambling and binary option and that is fix risk and fix reward. Meaning you know how much you will earn same way as gambling.  Binary Option  may be compared to sports betting in terms of prediction and outside factors that may affect the result.  I wonder why Binary Option is not considered as gambling while Sports Betting is considered as one.

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Skarner21
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December 26, 2016, 10:46:54 PM
 #28

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

I agree, both relies on the same price forecast of the stocks.  Both are affected by outside factors, and both is predicted in the same manner like using charts, news, etc.  The  difference of this two is that, they have different pay out, fees, risk and entirely different liquidity structure and investment process.
These differences are making to consider binay option similar to gambling because it also has huge risks same as gambling and instead of using predictions, we are just trying to make use of the fluctuations in very quick time. Even binary options are based on trading, it simply sounds as gambling.

There are similarities between gambling and binary option and that is fix risk and fix reward. Meaning you know how much you will earn same way as gambling.  Binary Option  may be compared to sports betting in terms of prediction and outside factors that may affect the result.  I wonder why Binary Option is not considered as gambling while Sports Betting is considered as one.
I never tried binary option honestly i just saw this type of game in second trade choosing up and down. it is just like hi and low in dice game but they are relaying in movement of the price..
For me we can still consider it as gambling since if you lose you can not recover your loses unlike in trading..

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December 27, 2016, 05:36:33 AM
 #29

Most people are arguing about binary options which they do have some correct points but I would really tell my experience about binary options since im a binary trader and I could say that binary option is relying fully on forex market movements and other commodities but as zadicar said it doesn't affect the price when you are trading on binary because you are just guessing on what would be the outcome of a price movement.50% chance its either SELL or BUY nothing less even It moves 1 pip away on your entry point only 2 things are the possible results which is win or lose trade unlike on trading forex on mt4 platform you are part of the trader which moves the price of a particular currency or stocks.
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December 27, 2016, 05:39:58 AM
 #30

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.
Obviously you are not talking out of experience and in a public forum as this, it helps if we do not pass on false information, because you can never tell who may want to use it someday.

What is fact is that, prediction of the direction of currencies is possible with binary options as it is with forex trade, they only differ in the conditions that needs to be fulfilled before profit is made. With binary options, a single tick might be all that is needed to end in the money and in case of a lose, only the amount that is wagered is lost.

I agree, both relies on the same price forecast of the stocks.  Both are affected by outside factors, and both is predicted in the same manner like using charts, news, etc.  The  difference of this two is that, they have different pay out, fees, risk and entirely different liquidity structure and investment process.
These differences are making to consider binay option similar to gambling because it also has huge risks same as gambling and instead of using predictions, we are just trying to make use of the fluctuations in very quick time. Even binary options are based on trading, it simply sounds as gambling.

There are similarities between gambling and binary option and that is fix risk and fix reward. Meaning you know how much you will earn same way as gambling.  Binary Option  may be compared to sports betting in terms of prediction and outside factors that may affect the result.  I wonder why Binary Option is not considered as gambling while Sports Betting is considered as one.
I never tried binary option honestly i just saw this type of game in second trade choosing up and down. it is just like hi and low in dice game but they are relaying in movement of the price..
For me we can still consider it as gambling since if you lose you can not recover your loses unlike in trading..
Its really like gambling since you will definitely predict the price movements on a certain currency and if you dont have enough knowledge on trading forex you wouldnt know on when to enter and you might just wasting your money on doing random guesses. Binary options could be profitable if you know how to use indicators which are being used on forex since you are basing yourself on forex movements.

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December 27, 2016, 07:11:38 AM
 #31

Some of the reasons why binary options including gambling.
1. The regulations in the category of gambling.
2. Each trading we have the possibility of winning or losing 50:50.
3. The losers pay the winner.
4. The more we trade, the more we lose.
5. No backup when they lose.

In my opinion the Binary Option included into gambling because we only speculate about the price, whether going up or down. So the possibility of winning or losing is 50:50. So even though binary option is trading but the system like gambling.
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December 28, 2016, 06:15:03 AM
 #32

i think its like gambleing cuz there is up and low  Grin

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January 01, 2017, 11:38:19 PM
 #33

Binary Option in my opinion is a trade that has a gambling system. Binary option "bet" on whether the asset price will be above or below a certain amount at a certain time. Trade is also trying to predict price direction, but profits and loss depending on factors such as the entry price, exit price, the size of the trade, and money management techniques. So although equally included in trade but the system Binary Option more to gambling.
From this information, it is possible to know that both are business in which you work with odds, but I think that in binary options everything depends on events that occur in the economic scenario, and such events allow you to have a vision of what are the chances of something happening. On the other hand, gambling is a means through which the individual seeks to have fun, with possibilities of very high rewards, but also with very high risks, because most of the success depends on luck, in that case.
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January 02, 2017, 01:30:30 AM
 #34

Is Binary Options the same as trade for you?

What are the differences?


I think you are likely trading and gambling at the same time. Been trying demo mode on binary trading @ iq_options and i find it really addicting though im not into live yet. I am using indicator which my friend gave me. I'm not really familiar with binary since im new to this but i think practice will make you more profit with binary options.

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January 13, 2017, 10:08:27 PM
 #35

As the name says, it is a form of investment in which you have two options in a given period of time, being these options to buy or sell. Since the user has a short period of time to make decisions, the risk is very high, in my opinion. There are people who say they have good results with this, but I do not know exactly the techniques used, and in which situations can be applied.
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January 14, 2017, 10:22:58 PM
 #36

They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Forex trading and Binary option have some similarities but they also have differences.  Among the similarities are being able to trade online and both users can start trading with a small amount. They are also profit from the movement of the market where users are guessing for the direction of market. 
The difference is that binary option have fix risk and fixed rewards and traders are shown upront their earnings if their prediction is right unlike the forex trading where you never know your profit until your stocks were all sold.
With respect to binary options, the problem is primarily the high risk that is involved in the operations, in which the investor has a fifty percent chance of winning and a fifty percent chance of losing. The good side is that in both, trading and binary options, it is possible to apply knowledge of economics and it is also possible to reduce the risks of losses having a good technical analysis and, of course, a good study of the fundamentals.
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January 14, 2017, 11:47:11 PM
 #37

Some consider binary trading as a form of gambling because you don't have many of the characteristics of a trade, however if you know how to trade the same techniques can be used to try to predict the movement of the market.
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January 17, 2017, 03:04:32 AM
 #38

Is Binary Options the same as trade for you?

What are the differences?

For me binary trade same as playing head and tail or high-low dice, i will not recomend you to trade binary
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January 17, 2017, 03:19:00 AM
 #39

If you consider forex, binary options and trades like that a gamble then all the wall street people are just gamblers with some huge balls Smiley.
Yes they are both the same only with different tactics and methods required to succeed and they are both time sensitive while gambling is not.
In gambling you have all the time in the world and in need of pure luck without any method to study or charts to check for tips, unless using martingale which casinos deploy fail safe against if used.

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January 17, 2017, 04:45:19 AM
 #40

Is Binary Options the same as trade for you?

What are the differences?

For me binary trade same as playing head and tail or high-low dice, i will not recomend you to trade binary

binary options is still gambling and risky but it is not at all like dice or coin flip. because in those twoyou can't possibly know anything about the result unless you are cheating.
but in binary option, since it is working with the price it can be predicted to some extent but still i don't recommend it.

Buying the dip...
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