Hello everybody! I've got quite a experience in arbing, so i was thinking about expanding to other businesses. My choice was Binary Options, so i'm gonna post here now what I discovered and I encourage everybody to apport whatever you know about the topic, so maybe among everybody here we can make it a sucessful business.
Binary Options look like a financial instrument, because you trade foreign exchange, gold, silver and so on, but i've seen brokers who exploid it work just like bookmakers do: you place a trade, which can be sucessful or not (there are no other results), and the payback is 70/80% of the invetsment if you win. If you lose you lose the money, obviously. So the benefit of the broker comes from the spread taken from those who win, that 10/15%, just like regular bookies.
The point in BO, by the way, is 'betting' on if the price of a certain currency is gonna be above or under the price is actually in the moment of the bet, after a certain period of time. So the odds, initially, are 50/50.
But here comes the business opportunity: In a 70/80% payback bet, you need to have an 60% succesful rate. Many people who knows a little about finance can predict if a currencie is gonna go up or down with much more precision. I fact, there are multiple services and robots that promise a 80% rate of success, although i fear many of them are scams.
I would like to know the opinion of the forum about all this, and as BO brokers don't limit, don't care about having multiple accounts (i've got three Stockpairs under my id.) and there are no odds which can fall, i hope will anybody keep his secrets or tell half the truth.
Finally, i want to apologise for my horrible english hahaha
BinaryOptions
- makarid
- To become a Pro
- Karma: 29
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Re: BinaryOptions
Will you bet in a coin toss that had the following odds: tails 1.8, heads 1.8?
It is the same thing!The short term market movement is totally random,no way to predict it with accuracy.
It is the same thing!The short term market movement is totally random,no way to predict it with accuracy.
- dealer wins
- Totally Pro
- Karma: 43
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Re: BinaryOptions
OP roulette betting on red or black returns 97%, and you only need to be right 52% of the time. Much better odds.
The only way your scheme is value is if you have inside info (nearly impossible and if you did you certainly wouldnt be posting on here lol), or are so skilled in predicting future currency movements that you can overcome a 20% edge. (Which I doubt anyone on the planet is)
The only way your scheme is value is if you have inside info (nearly impossible and if you did you certainly wouldnt be posting on here lol), or are so skilled in predicting future currency movements that you can overcome a 20% edge. (Which I doubt anyone on the planet is)
Never trust a goose!!!
- Graus
- Gaining experience
- Karma: 1
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Re: BinaryOptions
So eveybody here agree that it is impossible to predict short time currencie movement.... It's a shame, because that's what my strategy was all about.
- maletaja
- Pro
- Karma: -22
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Re: BinaryOptions
lol 1.8 odds vs 1.8 odds 10% marginal. Where do u get casino 10% marginal?There is no edge?
BTW are they hedging in the real market? I could influence stock real market and give it direction?Otherwise i would do million bet for the up and down same time pushing stock and my edge is 100%
BTW are they hedging in the real market? I could influence stock real market and give it direction?Otherwise i would do million bet for the up and down same time pushing stock and my edge is 100%
- RoosterDonky
- Has experience
- Karma: -3
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Re: BinaryOptions
You could identify patterns where certain things happen, double bottom and so forth, and pounce when the other pattern traders are doing it. You could also monitor the volume (negative vrs positive) (if possible) as that gives ya a good guide where prices should be heading.
Fade Fairpunter's picks for sure profits!
- maletaja
- Pro
- Karma: -22
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Re: BinaryOptions
I see roulette wheel "pattern" too!
I didnt get response. Why i cant influence price real market?
I didnt get response. Why i cant influence price real market?