trading discussion

[ufq922]

do you think a trader have chance to win in binary options?

[whirlcoin]

do you think a trader have chance to win in binary options?

reading will be like the chances of getting the success only so anything is possible in trading if you had the chances and opportunity will be useful for you.

[CryptopreneurBrainboss]

The possibilities of succeeding are present since both markets has to do with speculations of price and if a trader is good at speculating the price of (in this case) a coin he/she might succeed too at binary options although there are some disadvantage that might alter the rate of success or lead to losses as binary options have to do with fixed speculation (up or down) movement at a particular time therefore the trader won't the option to extend his exit entry spot on that trade since everything is automated in binary.

[monalia]

do you think a trader have chance to win in binary options?

You may go to the indicators and signal groups to learn the profit options on trading field. Binary option also a good strategy for some people so we need to careful about the what strategy we are using and what coin we are investing.

RSI incators are matter if you wanna be day trader, be closely watch the candles going green or red and then do your investment.

[Awesomus Maximus]

Yes, a trader can win at binary trading. But, if you decide to trade binary options, you should really really really know what you are doing. If you don't, you will lose all your money very quickly. I don't trade binary options. There is a good place to learn Forex binary trading. Check out this channel(Trusted spots): https://www.youtube.com/watch?v=8LdEpOoAJO8 The guy behind Trusted spots is phenomenal. You can watch his live trading. It's worth watching.

[vit05]

Again another topic on this subject. Binary is not trading is gambling. It is a very short space of time to have real analysis. If you really want to work with indicators and with some financial logic, make short or long at Bitmex.

[ufq922]

thanks for your reply's guys but foe me binary is not gambling. because the chart moves same as the forex chart which is trusted. maybe some untrusted company's try to move it as they like but trusted one,s can't do it. what do you think?

[dunfida]

do you think a trader have chance to win in binary options?

High chance to win if you do know on what you are doing but i would say that this would be applicable on binary options with having long durations

rather than on shorter ones which i do believe that its hard when you are pertaining with 1min to 3 mins  price predictions.There are brokers that offer those short duration which is most likely with binary options trading
and some do have that 30 secs.

[Bitinity]

Again another topic on this subject. Binary is not trading is gambling. It is a very short space of time to have real analysis. If you really want to work with indicators and with some financial logic, make short or long at Bitmex.

For me it is a combination between trading and gambling because a user needs to guess the price movement for next specified time frame, but it is not purely guessing without any analysis. Indeed the available time to analyze the prize movement is too short so user should have the skill and knowledge to make quick analysis. It will be a gambling if a user guess it without any analysis or just based on their feeling.

[needtor22]

I think it depends on someone who trades at krypto, if I think they can choose a good altcoin and also an altcoin that has a good community in the future, I am also sure that it will also get a good profit.

[feryjhie]

thanks for your reply's guys but foe me binary is not gambling. because the chart moves same as the forex chart which is trusted. maybe some untrusted company's try to move it as they like but trusted one,s can't do it. what do you think?

for me, it depends on the person who does that.
because if you think about gambling there are like a casino, roulette, and other things. which is gambling is based on chance and not skill.
While with the binary option there are many events cause the price movements and you need a good analysis

[Genemind]

For me both has a chance since both has it's risk and requires speculation and risk. Instead of comparing both, it's best to utilize both of them to maximize your options and earning potential. Both will require you a great deal of work for looking up events that might affect the market, doing your research and analysis.

[CryptopreneurBrainboss]

In addition to what I have said above, just have to add this reply on another thread instead of editing my previous reply so you and others interested in the topic can see, since trading doesn't just have to do with speculations of price movement but how far it can go and traders have control over their entry and exit price meanwhile binary options trading only involves speculations on just the price movement and not including how far it can go and individual engaging in binary options doesn't have control over price entry or exit point, unless the trader is a fast learning the chances of succeeding is limited. You should also know binary options are more of gambling then actually a skill, and in gambling luck is always a factor so your past success can't guarantee your future therefore, I won't advice engaging in binary options.

[maxreish]

do you think a trader have chance to win in binary options?

No doubt about that. There is a high possibilities of winning in binary options trading if we can just use some strategies and methods. Risk is always given. Therefore, we have to be aware of the consequences when we enter such trades especially in binary options that the guarantee would be unsure if you are not familiar and expert with price speculations.
The profit can be easily earned, hence can also be easily vanished. You should also be careful in picking up a broker as there are many scam brokers in binary options.

[Idrisu]

do you think a trader have chance to win in binary options?

I have tried binary options before and I lose over $2000 and since then I have stopped binary options trading.  It is been called trading but you should understand that it is gambling.  There is no much different between the two and instead of going into binary options I think gambling is better.

[_Django05_]

do you think a trader have chance to win in binary options?

A trader or not, everyone has a chance. A Trader of course, has a higher chance of sort. We are talking about analyzing markets here and it'll take time to learn and understand that kind of thing. Traders do know what exactly what they're putting themselves in and understand what risks are involved. On the other hand, one has to rely purely on their luck and that's what a Gambler is.

[BitFinnese]

It seems there is some argument here about Binary option whether it is trading or gambling.  I would like to quote here the definition about binary option

A binary option is a financial product where the buyer receives a payout or loses their investment, based on if the option expires in the money. Binary options depend on the outcome of a "yes or no" proposition, hence the name "binary." Binary options have an expiry date and/or time. At the time of expiry, the price of the underlying asset must be on the correct side of the strike price (based on the trade taken) for the trader to make a profit.

you can read more info here : https://www.investopedia.com/terms/b/binary-option.asp

It seems that it is like a hi/low game in dice wherein the player(trader for binary option) have to choose a side before the time expires.  Once the decision is made you cannot alter it hence like gambling wherein if you choose to bet on low and start rolling, you cannot alter it unless you stopped and change your bet.  This is like gambling riding on a trading platform, IMO.


Since it was like gambling specifically like dice, yes you have a chance to win, it is like a 50/50 chance of winning.

[Haunebu]

On the other hand, one has to rely purely on their luck and that's what a Gambler is.

Purely on luck? I don't think so. Luck plays a big role as a trader or gambler, but there are other factors like experience, emotion control etc which matter too which is why I disagree with your statement that luck is everything.

[crairezx20]

Too risky if you do binary option its not as good as you think you may lose a large amount of investment if you trade in binary.
Much better to find some project which you know has a future and investment then the important thing in trading is HODL.
If you don't have weak hand it is always best to do HODL in trading and make a big profit in the future.

Just like what other traders do also check some trading bot like this one https://gekko.wizb.it/ which is free open source no need to pay for premium and you can all list of strategy how you can make a profit in trading.

[sarmrakib]

I think it will be better to trade on crypto or forex .If you are a good trader and understand the market well you can win trade binary more easily ,but Binary is look like a gambling .I wanna suggest you to learn Crypto trading you can earn much from that with minimum of risk.