I Loss $170 USD in Binary Options Trading

Binary Options should be avoided at all costs. It is the backend of financial trading is about as shady as it gets. You will lose.
 
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don't waste money like that bro, invest in something that has a definite ROI, these things are for people who have spare money
 
Binary trading vendors always traces one idea in common:
Either they keep you in the same place or rob everything.
 
good now try to learn binary trading on demo balance account then trade with your real money .
 
Leave binary options. There's a reason they've banned it in so many countries.

The odds are heavily stacked against you.
 
Sorry but binary is a scam. I knew someone that owned a binary platform and had investors throw money at it by making them think they are winning on the demo, then they win a few times on the real platform, eventually they always lost their money. Just a heads-up
 
You could have tried crypto rather than Binary.. At least you would have some crypto in your wallet at the end...
Frankly speaking, Binary is just a scam and that's why they advertise it in gift wrap everywhere... :anyway: :anyway:
 
zuhrul said:
Anyone here experience in Binary #com trading platform?

First time I try to deposit $35 USD i trade it and loss, make me frustate and say oh hell whats wrong with chart.

Second day deposit $20 usd then profit $6
from second day until next 9 days I got profit about $130 usd. An awesome this is work now.

But wait... its not easy profit as you think, ok my investment is back $130 - $55= Net profit $75 usd.

I think i can get more from this profit. I try to deposit $75 usd again then time by time trade in 3 days i loss this $75 usd. so profit is $0 usd.

Try to deposit again $30, $50, $20, $70
oh my god i loss that money :( :(.

View attachment 149926

My question is, Is my trading strategy not work or any behind system here?. its gambling?

I was try in virtual account 10k usd and get 900K usd, so I believe my strategy is work.

Anyone here have stable income from this trading site?

I must stop or continue to learn trading again? need help for now before I lost my balance again thank you.
Click to expand...

Well, yes, you are wrong with your strategy.
You are good with virtual amount of $10k because that's a big amount and you don't think much before placing a trade but when you do the same with real money, you got afraid.

Now, understand that if you want to earn more, you need to spend more.

The calculations here is not justified.

Always remember below points:

Money management is a vital element of trading.

With small amount you won't make a stable earning.
If you spend $1 with the investment of $5 and place 5 trades. All in loss. You don't have a balance to place more trades and now you feel lost.
Same may happen again if the market is bad.
But see, if you place a trade of $10 with investment of $50, and with 5 trades, 3 positive and 2 negative. You end with profit.
Here if your first 3 trades are positive, you can choose to stop and save earnings to trade on next day or whenever the market is good. It is always okay to skip days of trading if market doesn't look favorable.

Hope it helps.

Always set your daily target. $10, $100 or whatever you choose.

Always take risk that your account balance allow

Don't fight the trend. Either in loss or in profit.
Stop Trading, Once your target is achieved.

Trade based on Rule, when in doubt, stay out

If in doubt or see high fluctuations, do NOT open trade.

Use martingale steps if you have sufficient balance

DISCIPLINE is very important here.
 
ok this is my advise despite the fact im in other industry i will give you good advise.
with binary you can make overall good about 3-4k per month. What you will need.
You will need platform who will be partner with you not to rob you.
Please dont take this as advertisement but there are good platforms there. There is not sense to rob everyone and eventually the bad voice will come out.
Go on bitorex,bitorex not bitrex. Play with small amount and constantly ask help from your account manager or from support,they are heavily trained and can help you make more wins than loose. This will give you confidence to go after with bigger trades. This means not all days are for trades. You need to follow signals. Now when you establish according what parameters you are wining I will suggest from here of Fiverr to hire developer to create you own personalized bot who will help you in mostly about 80% of the cases to be on right track to win the trades.
Hope I help somehow.
Again there is money in this industry but must not be greedy.
I personally knows from South African republic who make fortunes from these kind of platforms and not that they are only present only on one platform but act on 2-3 per day.
 
charmtolucky said:
Well, yes, you are wrong with your strategy.
You are good with virtual amount of $10k because that's a big amount and you don't think much before placing a trade but when you do the same with real money, you got afraid.

Now, understand that if you want to earn more, you need to spend more.

The calculations here is not justified.

Always remember below points:

Money management is a vital element of trading.

With small amount you won't make a stable earning.
If you spend $1 with the investment of $5 and place 5 trades. All in loss. You don't have a balance to place more trades and now you feel lost.
Same may happen again if the market is bad.
But see, if you place a trade of $10 with investment of $50, and with 5 trades, 3 positive and 2 negative. You end with profit.
Here if your first 3 trades are positive, you can choose to stop and save earnings to trade on next day or whenever the market is good. It is always okay to skip days of trading if market doesn't look favorable.

Hope it helps.

Always set your daily target. $10, $100 or whatever you choose.

Always take risk that your account balance allow

Don't fight the trend. Either in loss or in profit.
Stop Trading, Once your target is achieved.

Trade based on Rule, when in doubt, stay out

If in doubt or see high fluctuations, do NOT open trade.

Use martingale steps if you have sufficient balance

DISCIPLINE is very important here.
Click to expand...

Hi, already using money management but chart say no they always manipulate chart. Try again trade with small amount and martiangle if loss.

Same here I lost $56 USD again, So proof this platform is big scam. Whatever strategy we will lost money if trade in Binary options.

Trying demo we will winn
Trade in real we will lose
 
Well, this is what trading is, you can't win all the time
you've got some experience now :)
 
Lets Make it said:
Well, this is what trading is, you can't win all the time
you've got some experience now :)
Click to expand...
I will move another investment now, focus in real job, there is no easy money we must hard work . Thanks for reply I will stop this activity now. I have of lost $170 + $56 USD
STOP Trade Binary Options
 
You should be Happy.

Because you just lost $170.

One of my friend who was doing SEO for a living started Options Trading and first he took some money as a loan from other people and rest was leveraged margin calls. 6 months later he sold his house and moved with his parents.

3 months later I heard he sold his car and purchased a new moped.

Last month I heard he is still driving that moped but now he has to pay 80,000 USD to people who have loaned him money.

He met me 15 days ago and wanted me to invest 20,000 USD and said he can give me 50,000 in a month. LOL.

I think you should be happy you just lost $170.
 
specialseo said:
You should be Happy.

Because you just lost $170.

One of my friend who was doing SEO for a living started Options Trading and first he took some money as a loan from other people and rest was leveraged margin calls. 6 months later he sold his house and moved with his parents.

3 months later I heard he sold his car and purchased a new moped.

Last month I heard he is still driving that moped but now he has to pay 80,000 USD to people who have loaned him money.

He met me 15 days ago and wanted me to invest 20,000 USD and said he can give me 50,000 in a month. LOL.

I think you should be happy you just lost $170.
Click to expand...

LOL exact scenario, this happened to me also

I know one of my friend was doing this kind of trading and asked me to invest as it is gonna be my best investment

He asked me to invest 10k in return for 50k and guaranteed a certain amount on upcoming profits. I was more tempted about his offers but come to know he already lost around 50k previously so I politely neglected his offers as he was my best friend.

That free amount on DEMO account is totally dummy that everyone could earn, but when comes to real money they always loot money in every way. Those fancy offers like 50% more on your first investment and sign up bonus are total :poop:.
 
There are few things in life which I will never advise anybody to do
1. Binary Option

2. Forex Trading

3. Football betting

Because there's no way on earth you are making money from these people but you will only lose your money. Shalom
 
zuhrul said:
Hi, already using money management but chart say no they always manipulate chart. Try again trade with small amount and martiangle if loss.

Same here I lost $56 USD again, So proof this platform is big scam. Whatever strategy we will lost money if trade in Binary options.

Trying demo we will winn
Trade in real we will lose
Click to expand...
You may be right.
I use different platform and after a lot of loss, i started to make winning trades in live account. I tested various platforms earlier and now stick with the only one.
 
zuhrul said:
I will move another investment now, focus in real job, there is no easy money we must hard work . Thanks for reply I will stop this activity now. I have of lost $170 + $56 USD
STOP Trade Binary Options
Click to expand...
trading was never a full losing,
that's from experience come, from failing,
you failed today and you learn something new, it's a small price to pay if you gonna build some good experience
if you really want to be successful at trading, you have to keep going, once profiting and another learning
however, it's not an obligation and in the other hand, you should do what you feel comfortable for you
feel free budd, don't worry about anything
 
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