Trading Binary Options

Is Binary Options a good way to make money?

  • Total voters
    10
  • Poll closed .
Of course it's gambling, it's the same scheme as a betting house. You take your affiliate link and promote it to earn revenue share from the users' losses within the binary options exchange.
 
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rapha.sousa455 said:
Of course it's gambling, it's the same scheme as a betting house. You take your affiliate link and promote it to earn revenue share from the users' losses within the binary options exchange.
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Its not even Gambling, if you know how a call center of a Binary Options Firm is working you know that gambling is when you actually have a chance to win. Here there is 0% Chance.
 
Stay away from it...pure waste of time and money
 
I get where you guys are coming from, but I gotta say, it all comes down to how you approach it. Yeah, there are shady brokers out there, and if you’re not careful, you’ll get burned. But not every platform is out to scam you. I’ve been using Pocket Option for a while, and it’s been pretty transparent for me so far—profits, withdrawals, the whole deal.

Calling it pure gambling? Nah, not really. If you dive in without any plan, sure, it feels like a bet. But if you’ve got a strategy, manage your risk, and stay disciplined, it’s more like any other form of trading. You can't win every time, but with a good setup, you can definitely tip the odds in your favor.

But yeah, I get the frustration. Not every experience is the same, and I’ve seen people lose big because they jumped in without understanding the risks. Just gotta be smart about it and know the game before you play.
 
dmytroloza76 said:
I get where you guys are coming from, but I gotta say, it all comes down to how you approach it. Yeah, there are shady brokers out there, and if you’re not careful, you’ll get burned. But not every platform is out to scam you. I’ve been using Pocket Option for a while, and it’s been pretty transparent for me so far—profits, withdrawals, the whole deal.

Calling it pure gambling? Nah, not really. If you dive in without any plan, sure, it feels like a bet. But if you’ve got a strategy, manage your risk, and stay disciplined, it’s more like any other form of trading. You can't win every time, but with a good setup, you can definitely tip the odds in your favor.

But yeah, I get the frustration. Not every experience is the same, and I’ve seen people lose big because they jumped in without understanding the risks. Just gotta be smart about it and know the game before you play.
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Just go to this ''Pocket Option'' trustpilot page and you guys will see how trustworthy is this ""business""
 
billythebilly said:
Just go to this ''Pocket Option'' trustpilot page and you guys will see how trustworthy is this ""business""
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I get what you're saying, but let’s be real—every broker has its critics, especially in the binary options space. Trustpilot is a mixed bag; people mostly leave reviews when they’ve had a bad experience, not when things go smoothly. I’ve had no issues with Pocket Option so far, but I always recommend doing your own research and testing with small amounts first.

At the end of the day, it’s about managing your own risk and knowing when to walk away if it’s not working for you. There’s no perfect broker, just the one that works for you.
 
I’ve had my share of wins and losses, but what I've found is that sticking to a solid plan helps me stay in the game longer. Sure, there’s risk involved, but if you treat it like a business instead of a lottery ticket, you might just come out ahead. Just remember, it’s all about managing your risk and not throwing your cash around like it’s confetti. Keep grinding, and you might just find your groove

Care to prove it???
 
not gonna lie, i used to think BOs were a total scam after my first blowup. but lately been testing short expiry trades again — 1 to 5 mins, EMA crossovers + stochastic. feels more manageable when you size down.
 
OliverTw said:
not gonna lie, i used to think BOs were a total scam after my first blowup. but lately been testing short expiry trades again — 1 to 5 mins, EMA crossovers + stochastic. feels more manageable when you size down.
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I’ve been experimenting with momentum setups on 15m charts — mostly trend-following entries after confirmed breakouts. Been switching between a few brokers too. Tradeup caught my attention recently because they offer flexible expiry timing and show third-party price feeds, which is a big plus for transparency.
 
Erivkksd said:
I’ve been experimenting with momentum setups on 15m charts — mostly trend-following entries after confirmed breakouts. Been switching between a few brokers too. Tradeup caught my attention recently because they offer flexible expiry timing and show third-party price feeds, which is a big plus for transparency.
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yeah i heard of tradeup in another thread, someone said they got decent execution even during news. might give it a try once i’m done testing my setup on demo.
 
OliverTw said:
yeah i heard of tradeup in another thread, someone said they got decent execution even during news. might give it a try once i’m done testing my setup on demo.
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Solid idea. Honestly, I’ve had better consistency ever since I focused on setups with clear risk parameters — using ATR to filter volatility, and setting hard limits on drawdown. Doesn’t matter what platform if your risk management is trash.
 
Erivkksd said:
using ATR to filter volatility
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Same casino. Only there the roulette wheel is spun by a croupier, and here it's a croupier. No indicator can show what the next candle will be and of what size. It can only show which one has already been there.
 
WAndreas said:
Same casino. Only there the roulette wheel is spun by a croupier, and here it's a croupier. No indicator can show what the next candle will be and of what size. It can only show which one has already been there.
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Totally get what you mean — no magic indicator is gonna predict the next candle with precision. But that’s kind of the beauty of it, right? Once I stopped chasing perfect signals and focused more on solid setups and risk control, things started to feel way more consistent. It's not about guessing — it's about staying in the game long enough for your edge to play out.
 
bankzzz said:
Hello to all who read this!


First of all... My main language is not English and I am very sorry if there are any spelling mistakes.

However, I was wondering if anyone on this forum would like to share their experience on Binary Options with me. Is it possible to make money permanently or is it just gambling?

Thanks for all the answers! :)
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Yeah, binary options really got a bad rep. That's why hardly anyone talks about them anymore.
 
bankzzz said:
Hello to all who read this!


First of all... My main language is not English and I am very sorry if there are any spelling mistakes.

However, I was wondering if anyone on this forum would like to share their experience on Binary Options with me. Is it possible to make money permanently or is it just gambling?

Thanks for all the answers! :)
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It's a casino, just on the charts.
 
It's a good way to make money if you promote their affiliate offers or if you create your own Binary Options platforms, otherwise, it's waste of time
 
WAndreas said:
I can't say it's directly all good. Maybe you mean martingale?
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No, I’m not using martingale. I just focus on strict risk management rules and pick setups with clear risk parameters. That helps avoid relying on luck and keeps things consistent in the long run.
 
dmytroloza76 said:
I get what you're saying, but let’s be real—every broker has its critics, especially in the binary options space. Trustpilot is a mixed bag; people mostly leave reviews when they’ve had a bad experience, not when things go smoothly. I’ve had no issues with Pocket Option so far, but I always recommend doing your own research and testing with small amounts first.

At the end of the day, it’s about managing your own risk and knowing when to walk away if it’s not working for you. There’s no perfect broker, just the one that works for you.
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Is this an AI generated answer?

You seem not to want to understand what 100% of the people here say. Its designed for the punter to have NO change from the start.
 
Erivkksd said:
No, I’m not using martingale. I just focus on strict risk management rules and pick setups with clear risk parameters. That helps avoid relying on luck and keeps things consistent in the long run.
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Strategies with clearly defined risk parameters? That’s actually pretty solid. What type of option are you using?
 
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