binary options

[OscarR]

OSCAR is here again HELLO all
What are your thoughts on binary options as a trading instrument in the forex market? Have you had any experiences, positive or negative, with binary options trading? Share your insights and experiences

 

[Enivid]

Yes, I prefer buying long-term binary options at Deriv. They are the only BO broker I know of that allows expiry time up to 12 months.

 

[OscarR]

Yes, I prefer buying long-term binary options at Deriv. They are the only BO broker I know of that allows expiry time up to 12 months.

great to hear, How did you find them? what is your insight on BO?

 

[Enivid]

great to hear, How did you find them? what is your insight on BO?

I don't remember how I found them. That was back in 2003 or 2004 when they were called BetOnMarkets. My insight on BO is to understand when such an instrument is appropriate (when the option is priced favorably compared to taking a normal trade) and do not attempt to use them as the main trading medium.

 

[jelousgal]

OSCAR is here again HELLO all
What are your thoughts on binary options as a trading instrument in the forex market? Have you had any experiences, positive or negative, with binary options trading? Share your insights and experiences

Many experienced traders and regulatory authorities advise caution and encourage investors to explore more traditional and regulated trading instruments, such as spot forex trading

 

[OscarR]

So can you mention your thoughts on that? I mean spot forex?
Any personal experience?

 

[hangoutwithme]

may i know forex is the brand of broker or it is the terms of trading? sorry for asking.

 

[Enivid]

may i know forex is the brand of broker or it is the terms of trading? sorry for asking.

Forex is a type of market (like stocks), it's not a brand.

 

[OscarR]

Forex is a type of market (like stocks), it's not a brand.

I also didn't know about, interesting I haven't heard about that. I will search about that.

 

[Oli_jackson]

OSCAR is here again HELLO all
What are your thoughts on binary options as a trading instrument in the forex market? Have you had any experiences, positive or negative, with binary options trading? Share your insights and experiences

I don't like BO for several reasons. For example, limited profit potential, lack of flexibility, high risk of total loss, limited trading tools, and increased risk of encountering fraudulent brokers.

 

[OscarR]

I don't like BO for several reasons. For example, limited profit potential, lack of flexibility, high risk of total loss, limited trading tools, and increased risk of encountering fraudulent brokers.

you raise valid concerns about binary options. I will continue my research to come to a conclusion about it. Thanks

 

[Ara]

Binary is just a game for me.

 

[thomas_novak]

OSCAR is here again HELLO all
What are your thoughts on binary options as a trading instrument in the forex market? Have you had any experiences, positive or negative, with binary options trading? Share your insights and experiences

Hey OSCAR! Binary options, huh? Well, they're like the quirky cousin of the trading world. Some folks have had positive experiences, enjoying the simplicity and potential quick gains. But it's not all rainbows and unicorns.

 

[thomas_novak]

Listen, binary options is more than just a game. It's a serious financial endeavor that requires knowledge, strategy, and risk management. Don't underestimate its complexities and approach it with caution.

 

[Oli_jackson]

you raise valid concerns about binary options. I will continue my research to come to a conclusion about it. Thanks

You are the most welcome. Yeah dig a little and I would be more than happy to know what you find.