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Old 01-05-2010, 06:41 AM   #1
jacovsamuel
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Default Alternative For Playing Options Trading

Hi Guys,

I’m a professional trader from 2005 and I’ve been trading so many types of platform, The issues is that I wanted to find the right platform that will help me to gain high return on my money on a short term of time. At start I tried the Forex and others platform, but than I realize all platforms take so much commission on my trading even if I lose money.
So I start to try Binary Option Trading on these 2 platforms:

www.onehouroption.com
http://www.anyoption.com/comb_939.html
which are both major competitors on this niche.

Each one of them has few advantages on each other. Just to make sure I’m not a marketer of any of these brands, I just have an experience with these platforms that I want to share with others.

After exam these 2 platforms I realize there is no much different between Regular Forex trading to Binary Forex Trading, the reason I say this is that if u will take cost effective to your money, there is more chance you will lose your return in regular Forex than Binary option, once you lock your bet on the Forex price, you have 50% to earn 70-75% investment return, it is much less risky and the amount of trading isn’t higher than $3000 for one hour.


If anyone has been experienced with binary option trading, please share you’re though about it.
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Old 01-08-2010, 03:36 PM   #2
Derivatives_Trader
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Default Re: Alternative For Playing Options Trading

Traditional options trading offers a lot more flexibility and liquidity than the binary options market.

I look at the traditional options market as a trading tool that I can use create income, hedge against losses, lock in profits, etc. I look at the binary options market as placing short term bets. I'm not saying that's bad. I dabble in binaries myself, but I would consider it closer to gambling than investing.

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Old 01-11-2010, 10:42 AM   #3
jacovsamuel
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Default Re: Alternative For Playing Options Trading

It can consider as gaming, but there are very Pro Platform like http://www.anyoption.com/comb_939.html that let u invest money also for 30 days and 2 weeks, so it can consider as Gaming
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Old 01-25-2010, 05:17 PM   #4
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Default Re: Alternative For Playing Options Trading

jacof, i don;t have any experience with binary options trading.

Can you explain a bit more for a newby??

Thank you so much in advance!!!!!!

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Old 01-26-2010, 09:25 AM   #5
Derivatives_Trader
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Default Re: Alternative For Playing Options Trading

Quote:
Originally Posted by WolfPickle View Post
jacof, i don;t have any experience with binary options trading.

Can you explain a bit more for a newby??

Thank you so much in advance!!!!!!

Wolf,

Here's some basic info for you: binary options
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Old 01-28-2010, 12:41 PM   #6
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Default Re: Alternative For Playing Options Trading

This is interesting. Would be good for those who like swift trades.

Has anyone got consistent returns? Please share
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Old 02-01-2010, 08:30 AM   #7
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Default Re: Alternative For Playing Options Trading

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Originally Posted by noob View Post
This is interesting. Would be good for those who like swift trades.

Has anyone got consistent returns? Please share
You're correct about binaries being a good trading tool for those who are looking very short term. They're also good for those who just like to buy calls and puts, and those who don't want to have to worry about the Greeks, implied volatility, etc.

I've never kept track of the returns specific to my binaries trading, but from my experience, it's a feast or famine situation. When you're on the right side of a few trades in a row, you can make outstanding gains in a very short period of time. However, like any short-term, high yield trading strategy, it can bite you.

My recommendation to anybody wanting to trade binaries is to start off small on your trade sizing until you get comfortable.
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