What should i learn to trade Binary Options?

[puremage111]

Hello, as this recent years, binary options became more and more famous due to its easy and fast closing deals


Compare to Forex, which we need to understand the fundamental and uses technical analysis to trade


How about Binary options? As lets say to trade for 1 minute time frame.

1) What should i look at? The support and resistance in the past 5 min? past 30 minute?

2) If B.options consist of luck + skills, for the scale of 100%, how much would you leverage it on options trading?
80% luck , 20% Skill?


Thanks, need to understand it before i started the journey 

[piloder]

1. Looking at trading patterns may help but for small time frame like 1 minute, this may not make any difference and your winning will purely depend on your luck.

2.  I would say binary trading is 95% luck and only 5% skill, i love normal and margin trading rather than gambling with binary options.

[klf]

1. Looking at trading patterns may help but for small time frame like 1 minute, this may not make any difference and your winning will purely depend on your luck.

2.  I would say binary trading is 95% luck and only 5% skill, i love normal and margin trading rather than gambling with binary options.

That is correct. If you want to try your luck then better go and play some nice gambling games and check your luck. No need to waste money in short term binary trading without any knowledge. For beginners, it is always good to start with normal trading with small amounts until you familiar with the process and how it works. In this type of trading one can lose a lot of money in very short time.

[digaran]

Seriously, you don't know binary option is the same as betting on the future prices? if you could find any legit service not manipulating the graphs let me know, then I could run an average price graph at the same time to verify their legitimacy.

I'd suggest not to risk too much on short time options because they are volatile and even a few cents change in price can potentially result in loss.

I more like 5 minutes options with 1% change or 0.5%-0.25% either up or down.

[NorrisK]

Seriously, you don't know binary option is the same as betting on the future prices? if you could find any legit service not manipulating the graphs let me know, then I could run an average price graph at the same time to verify their legitimacy.

I'd suggest not to risk too much on short time options because they are volatile and even a few cents change in price can potentially result in loss.

I more like 5 minutes options with 1% change or 0.5%-0.25% either up or down.

So basically if they manipulate they will always show the result which they have the most gains off.

All you need to do then is figure out which side (up or down) is bet most on and bet the oposite to win often.

[poplolnman]

Seriously, you don't know binary option is the same as betting on the future prices? if you could find any legit service not manipulating the graphs let me know, then I could run an average price graph at the same time to verify their legitimacy.

I'd suggest not to risk too much on short time options because they are volatile and even a few cents change in price can potentially result in loss.

I more like 5 minutes options with 1% change or 0.5%-0.25% either up or down.

in other words , the binary trading game has house edge that's why they manipulating the graphs to avoid loss . don't need to looking for a reliable tips , as it's completely random made right? at least it's more fun rather than when you have to play dice. in binary option you can still see the graphs move . always stake the amount you can afford to lose.

[michkima]

I agree with that they said. The whole thing is just in a super small time frame and no matter what skill or technique in trading you use, you can't really influence it. It's just a matter of luck because it will go up or down is too micro and it will not be predictable. Trading really looks at a bigger picture than binary trading.

[icecube45]

I agree with that they said. The whole thing is just in a super small time frame and no matter what skill or technique in trading you use, you can't really influence it. It's just a matter of luck because it will go up or down is too micro and it will not be predictable. Trading really looks at a bigger picture than binary trading.

Yes it is true, skill or technique in the binary option I think also does not apply, it will be useless. Moreover, many binary options that manipulate the market, so this depends entirely on the luck of each person. Many call the binary option is gambling, and that maybe true. So essentially nothing needs to be learned in the binary option.

[BisonPoint]

Trading is about probabilities, and finding the edge.

As I understand binary option brokers have 10.0% edge.

That said, compare that with the hose edge of some casino games:
- American Roulette 5.26%
- European Roulette 2.70%
- Craps 1.41%
- Baccarat 1.06%
- Blackjack 0.28%   

So, you have significantly better chances to make money gambling.

Best advice is:
Start your own binary options business!

[Winner]

I wouldn't try to do any Binary Trading with Bitcoin or with Fiat because those type of things are just a scam to milk money from the people that play it. There's plenty methods of making money and I am pretty sure that you will find that out somehow, since you are interested in trading I would suggest that you learn how to read charts if you need to do Binary Trading for some reason.

[izanagi narukami]

I think binary option far more riskier especially when you trade on bitcoin/altcoin value so it's difficult to predict compare if you predict dollar value ( quite stable )

So , IMO although you're asking someone experience doesn't mean they can be true 100% since most of binary option 99,99% based on luck

[maydna]

trading binary is more risky like trading forex and i will stay away from binary because we need more fund to do trade and if we are loss, we can loss all of the money without any mercy. although i don't know how to trade binary but what i've heard from my friends, they telling me that its better to do trading stock traditional than doing binary. maybe its really difficult to learn and only few people which can success with binary trading. as the market is moving fast, you need to set for 1 minute time frame so you don't have to be late for the update price and you can follow the market to make profit.

[irsykes]

at first you must learn that you will lose all your bet when play on it. second, this is what my friend said he always look at news because it is like forex. but maybe the first one is the most important to learn before trade in binary

[BillyTalent]

When I started working on binary options, I first learned the traffic patterns for the last few weeks, read reviews, learned from the demo account. And only then he began to put real money. Basically a couple bitcoin dollar.

[shintosai]

When I started working on binary options, I first learned the traffic patterns for the last few weeks, read reviews, learned from the demo account. And only then he began to put real money. Basically a couple bitcoin dollar.

influence is really acting big part of your trading as we are betting against the time so knowing or intercepting changes from the value is really
needed to assess properly if you think timing is quite good accordingly that's the chance of entering your bet.

[biskitop]

If it is still a beginner, it is better not to learn binary options. It's very difficult, I've tried and lost a lot of money. At that time I was contacted by the admin, I was told to buy dollars. I buy and keep buying. But finally my money can not come back. Admin said: "inflation happens". I dont know about the science of economics, can only surrender it. For those of you who want to try, better don't.

[kotajikikox]

Hello, as this recent years, binary options became more and more famous due to its easy and fast closing deals


Compare to Forex, which we need to understand the fundamental and uses technical analysis to trade


How about Binary options? As lets say to trade for 1 minute time frame.

1) What should i look at? The support and resistance in the past 5 min? past 30 minute?

2) If B.options consist of luck + skills, for the scale of 100%, how much would you leverage it on options trading?
80% luck , 20% Skill?


Thanks, need to understand it before i started the journey 

binary option as I know good starting to learn how to trade and make money in proper step guide especially you can get good knowledge strategy in trading, and again always remember trading is like gambling if have lack of knowledge and skills the risk of money are there.