Binary options? Good/Bad idea?

DO NOT DO IT.

If you have to ask the question, the answer is no.

Everyone here is saying no, but the truth is it's about self-control. If you can set rules for yourself and not get emotionally attached then yes, got for it. Personally, I know I'm the type of guy who's really good at following rules with a little bit of money but I get reckless when I have lots.