Exposing Binary Options Trading (with DATA)

Does Binary Options Even Work? Here's the data!

What if I said that Binary Options Trading doesn't really work? Will you stop trading it? Let's see if I can make you quit Binary Options by the end of this video. How am I going to do this? By showing you actual data that says it most likely doesn't work and by sharing my own experience with it.

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[Kittygirl]

The main issue I see with binary options in my opinion, is how you might lose a trade in the last millisecond of it closing, particularly in otc markets, but there’s always the real market to trade in. However, you know your risk before entering a trade, you can set your own parameters, even if the profit is 90% of your risk. Also, these trading strategies shown here are based on using indicators…which works for some people, but good price action strategies tend to yield better results no matter what type of trading you do. There’s def cons to binary options, but I wouldn’t say it’s a fraud, but it def has its faults, but it’s not that hard to be aware of

[Rushhhyyyyyy]

you guys are blaming binary options when you are trading otc markets xD

[itskarma]

I started out trading forex and lost alot of money ever since i switch to BO ive been more profitable then i have ever been with forex

[Southeast_Asian_Devil]

Forex Trading is like learning to play football (soccer). You must dribble, pass, cross, head, score, and know the rules about tackling an opponent or the offside. Binary Options Trading is also like football but it's all about a penalty shootout. The only skill you need is to kick the ball and leave the rest to luck.

[digitalsolutions]

Y’all just don’t know how to trade binary options. And that’s fine. But just because you can’t do something, doesn’t mean that it’s a fraud. I’ve been trading binary options for years. Paid taxes. And have made plenty of money.

[PRIMORDIAL-TRADER]

I trade binary options for 3 years and I lost $14, 000. I applied the same strategy in Forex, and now I am a profitable forex trader. Because I learned how to accept losses in binary options.

[EGA-vw]

Binary options is the New York of the trading world. If you can make it here, you can make it anywhere. People who say it's fraud just don't have the right mindset, money management, and amount of emotional control to become profitable.

[MPDTRADES]

saying binary options is a fraud because you dont know how to trade it profitably or failed at it is wild thing my friend lool

[fiercelymillionaire]

Learning technical analysis is the key to all trading platforms and strategies.

[marylenenissi]

That's why I no longer trade binary options. Not only did I lose money, it was always stressful.

[ConfusedKev]

All you gotta check is the price between an asset vs the binary option broker chart

During trading hours, the charts will be nothing alike

[GODFIRST-gsxe]

Binary option is a different type of trading
Only smart people will know this video is trash and the owner of the channel is not thinking deep

[dougkercher]

You're just using a rubbish strategy

[spatease]

Fraud? You using forex strategies betting on binaries, that's your problem.
I can consistently make profit but I don't know how to trade forex. I can profit with a 45% win rate because of my betting strategy. I don't really even care if I win or lose each individual bet, as long as I achieve near 50% over 40 individual bets I can make my 10% and be happy. Now, I get 60 to 65% accuracy so I don't need those 40 bets but I'm just pointing out its possible.
Binaries are not forex, it's betting so you have to treat it as such and the indicators only help push you over the 50% mark.
Now if your talking the binary trading on pocket options, the spread sucks.

[ErikAnthony-xj]

Yes they manipulate the charts mostly at the closing time.i experienced this comparing the charts with trading view opened at the same time

[yosefholmes]

I trade binary options with no problem. I don't trade the otc cause they are not real market conditions.

[sabondage]

It's simply a choice of risk type. Plenty of people are quite profitable in Binaries. Calling it fraud is like saying that the racing platform with more crashes is fraud

[Allen-.K]

I agree. It is literally gambling with bad odds/ returns.

[mikewat]

You could just not trade when the market is bad!! It would seem like common sense to me. Look I am losing, "I will stop for now".

[chrisz]

What about only using price action and no indicators? Just support and resistance and trendlines? Maybe an EMA.