Binary options strategy anyone?

I am seriously in need of a working price action strategy for binary options. Although I already have one strategy that seems to work quite well, I just thought it would be smart to have a backup strategy. Thanks in anticipation

Sidex said:

I am seriously in need of a working price action strategy for binary options. Although I already have one strategy that seems to work quite well, I just thought it would be smart to have a backup strategy. Thanks in anticipation

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Dude, binary options are scam AF, you always play against the house, even if you somehow make profit, you can only dream about getting that money...

JayDee1984 said:

Dude, binary options are scam AF, you always play against the house, even if you somehow make profit, you can only dream about getting that money...

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well not in my case, i make consistent $60 daily and the proofs are there

rodgermetty said:

well not in my case, i make consistent $60 daily and the proofs are there

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Yeah bullshit. There is this little thing called math. And math says that you lie.

Also do not try to shill your "strategy", gonna get banned.

AngelSeo said:

Yeah bullshit. There is this little thing called math. And math says that you lie.

Also do not try to shill your "strategy", gonna get banned.

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but my withdrawals dont lie.. i am not in for the big buck.. 60usd daily is enough for a man like myself and wait who is banning who

Sidex said:

I am seriously in need of a working price action strategy for binary options. Although I already have one strategy that seems to work quite well, I just thought it would be smart to have a backup strategy. Thanks in anticipation

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I recommend you to trade real options, binary options are no different than betting on an online casino, your are not trading on a real exchange but betting against the house, so the risk of losing your money due to manipulations by the "broker" is high, the whole thing is a scam.

If you have a serious strategy, open a real brokerage account to trade actual options in the stock market, back-test your strategy and stay safe in terms of position sizing etc. I recommend you use something like Thinkorswim or Tastyworks (not affiliated with any of them) which are great for options.

Note: Trading actual options is a little more complicated than the made up concept of binary options so make sure you have a good understanding of how these instruments work and a good command of the mechanics involved in placing, adjusting and closing positions.

Best of luck!

rodgermetty said:

but my withdrawals dont lie.. i am not in for the big buck.. 60usd daily is enough for a man like myself and wait who is banning who

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Could you share your strategy with me?

Avoiding them is the best strategy. It's a ponzi scheme, literally worse than actual sports betting.

Never seen someone making steady money, those who claim eventually try to sell you their method or trick you into signing up under their referral link, which is indeed profitable since binary affiliate payouts are sometimes as high as 200$ CPA and beyond or lifetime %. So if you're gonna bank find some people who are desperate for money just like you and you're done lmao

@Sidex how long you are earning with your broker? is that consistently year per year basis? i mean with all those reviews about these binary option brokers you have to think about that in the long run...

What is your opinion about trading with MA and EMA ?

Tozzy said:

Avoiding them is the best strategy. It's a ponzi scheme, literally worse than actual sports betting.

Never seen someone making steady money, those who claim eventually try to sell you their method or trick you into signing up under their referral link, which is indeed profitable since binary affiliate payouts are sometimes as high as 200$ CPA and beyond or lifetime %. So if you're gonna bank find some people who are desperate for money just like you and you're done lmao

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I kept getting spammed with youtube ads for a free ebook with this guy walking around his jet and his house talking about how much money he makes trading options. After a while I figured it was free so why not. I downloaded it and it was a 50-100 page pdf. Let me sum up his strategy:

• Use a directional market analysis using an 11/30 SMA on a 1H chart to enter trades.
  
  
• Buy an otm long call or put once the signal is triggered.
  
  
• Have a stop loss order at 50% of the option price.
  
  
• He often takes profits at 100%, but not always..
  

Well that's about it. I saved you hours of reading.

I was expecting something advanced but it seems like a really basic noob strategy to me. I'm guessing the end game is really to get you to subscribe to their mailing list or twitter and follow their trades.

what's a strategy you are using?
whats your bet amount expire time?

Sidex said:

I am seriously in need of a working price action strategy for binary options. Although I already have one strategy that seems to work quite well, I just thought it would be smart to have a backup strategy. Thanks in anticipation

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rodgermetty said:

well not in my case, i make consistent $60 daily and the proofs are there

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Why does everyone call binary options a bet?..... You are simply trading currency pairs on live market which your broker has no control over, the only downside is the spread offered by your broker (which is why I chose a broker that offers better spread) . Now it's left for you to be able to do proper technical analysis that will put you in a safe zone beyond your broker's spread

Sidex said:

Why does everyone call binary options a bet?..... You are simply trading currency pairs on live market which your broker has no control over, the only downside is the spread offered by your broker (which is why I chose a broker that offers better spread) . Now it's left for you to be able to do proper technical analysis that will put you in a safe zone beyond your broker's spread

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the bold one is not accurate.. its true binary option broker is a market maker.. they can manipulate the chart/price & they can make excuses not to pay you.

Hi found this software which can help you trade automatically based on your strategy
mt2iqoption dot com

Good strategy could you tell me more

Sidex said:

Why does everyone call binary options a bet?..... You are simply trading currency pairs on live market which your broker has no control over, the only downside is the spread offered by your broker (which is why I chose a broker that offers better spread) . Now it's left for you to be able to do proper technical analysis that will put you in a safe zone beyond your broker's spread

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You got it all wrong, you have mistaken FOREX with BINARY OPTION, the horror...

Listen, when you lose your money, and you will, could you please update us all in this thread, so I could enjoy my coffee even more?

Mods, I smell a scam around this thread, someone is trying to pull over here this method...

JayDee1984 said:

You got it all wrong, you have mistaken FOREX with BINARY OPTION, the horror...

Listen, when you lose your money, and you will, could you please update us all in this thread, so I could enjoy my coffee even more?

Mods, I smell a scam around this thread, someone is trying to pull over here this method...

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Well, I don't know perhaps I am mistaking them, what I do is to trade that a particular currency pair will either be bullish or bearish for (10 minutes, 30minutes, or hours) based on my analysis.

Sidex said:

Why does everyone call binary options a bet?..... You are simply trading currency pairs on live market which your broker has no control over, the only downside is the spread offered by your broker (which is why I chose a broker that offers better spread) . Now it's left for you to be able to do proper technical analysis that will put you in a safe zone beyond your broker's spread

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Because your broker is in full control, you ain't operating on a real market, you're literally playing casino. And it is a known fact casino always wins on the long run.
And the nature of binary options "trading" is indeed more like betting than actual forex.

Only strategy that works for binary options is DON'T.