Anyone else fuck around with forex or binary options?

pewep

pewep

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I've just been messing around with some stuff while figuring out how to get bigger watermelons (heh). I was fortunate to get a website going at around $20/day so far. Decided to mess around with binary options and looked around for a legit platform. Check it :D

WpQsjSG

9 wins in a row isn't too shabby :), but I need to work on my precision.
 
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Dushii026 said:
No only in Crypto..
Which site do you use?
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marketsworld - I'd use iqoptions but my stupid bank isn't letting me deposit any money there. These guys have a pretty good platform though.
 
Binary options are like crack. Not even once.
 
Let me put it this way - At poker about 5% of the traders are NOT losing money - they are either break even or winning players. At Forex 3% or less of the players are not losing money. At Binary Options its even worse. Stay the fuck away mate.
 
Binary options are fraud and I don't know people making money here, so if you had luck I recommend you to stop trading it before blowing up whole account o_O. If they will withdraw your money..
Forex is also hard, only 1% of people can earn in long-term.
 
Forex is a gamble on itself, but at least there is a way to get out of nasty situations, when you know what you're doing. Binaries are pure gamble, win or lose, so once you get addicted to it, I think you'll start risking too much. I'd stay away if I were you. I haven't heard of a single millionaire who made a fortune from binaries. There are, however a few successful Forex traders, but then again, it's about 3% of all traders ;)
 
bartosimpsonio said:
Binary options are like crack. Not even once.
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Yea, when you keep winning it's hella addictive. I try to keep it at no more than 3-4% profit per day and only when I see that everyone is saying a currency is dropping like a stone.

Just popped off another $6
i2AhFlk

Iknowsomethings said:
Let me put it this way - At poker about 5% of the traders are NOT losing money - they are either break even or winning players. At Forex 3% or less of the players are not losing money. At Binary Options its even worse. Stay the fuck away mate.
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Yeah, I saw that the very BEST binary options traders average break even across their career. I figure I'll probably cash out soon (like today lol).
 
pewep said:
Hahah, I love the gif man, how have you been?
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Thanks for the Love :)
If I tell you I'm good, probably you will say I'm boasting.
But if I tell you I'm not good, you'll know I'm lying :p
 
back2form said:
Thanks for the Love :)
If I tell you I'm good, probably you will say I'm boasting.
But if I tell you I'm not good, you'll know I'm lying :p
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LOL I love that, I'm gonna jack that if you don't mind :D
 
pewep said:
LOL I love that, I'm gonna jack that if you don't mind :D
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Oh well, I Never mind - Master pewep :D

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Binaries are kind of dead right now. Used to do great in Germany and Austria back in 2016. Miss the days when I got to rake in truckloads of mon.
 
Forex - you have to know what you're doing, and still you need to get a bit lucky.
Binary - you'll fail in the long run. Forex requires knowledge. Binary is pure gamble.

Better option than binary is sports betting, focusing just on statistical probability, regardless of who's playing. However, you would need several betting accounts on different online providers. And after a month or so of winning, they will either block you or limit your stakes to 0.5eur max
 
Binary options are garbage. however, trading actual options might be good to play with for a beginner. You don't need a lot of funds and it actually requires brains not dumb luck. Find a broker who offers good leverage. But be careful, you can lose your money fast :)
 
invictum777 said:
The only winner in binary options is the broker.
Click to expand...
11 trades in a row locked in ("dumb luck ™")-

D4zbx8Vg


Javicuse said:
Forex - you have to know what you're doing, and still you need to get a bit lucky.
Binary - you'll fail in the long run. Forex requires knowledge. Binary is pure gamble.

Better option than binary is sports betting, focusing just on statistical probability, regardless of who's playing. However, you would need several betting accounts on different online providers. And after a month or so of winning, they will either block you or limit your stakes to 0.5eur max
Click to expand...

Fuck. That. Sports betting really is bogus on a fundamental level. Do people make money? Sure. Not worth it imo.

Anyway, that's it for today. Yes, I'll admit I got lucky a lot, but if you notice, some of them have 70+ pip spreads, meaning I was correct and not just guessing.
 
Crypto, Forex, ... most of these investments work in a similar fashion.
They are being pumped through mass media (social, TV, radio, newspapers, gurus), tricking a wide audience into buying -- as a result the price goes up by some % in the coming days/weeks/months.
But the most lucrative part we miss, it's these big institutions that are behind the pump that profit, "we", regular folk are just a tool used by them. They buy low before the pump starts, and sell (exit) when they are pleased, so the price suddenly plummets. So normal people who aren't into deep analysis are just gambling.

Instead of being depressed about this reality, simply turn it to your advantage ;)
 
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