Binary options trading

[SolidusXParticipant 854]

Hello brothers, I am wondering if anyone has played with Binary Options Trading… I do day trading with stocks for money but looking to try my hand at Binary Options so any advice or experiences would be nice.

Knowledge is power..... Don't waste your brain on bullshit

[Ho Lee Fuk, MGTOW!Participant 100]

Hello Brother,

If you’re already profitable daytrading equities i would just stick to that and keep working on your edge & sizing up as you’re account grows. Binary Options are BS, the way it works the Risk/reward is all lopsided & their marketing techniques are really scammy (I’ve had brokers call me up and hound me about opening accounts with them, never had that happen with other legit brokers). Check out the video below it explains better than i can about What Binary Options are about

If you really wanted to learn to trade a different instrument, i’d suggest Futures or Options. I’m personally more of a position trader (Trend following on daily chart) and use long term Options. Futures are excellent instruments for day/swing trading as they offer tight spreads, cheap commissions with specialized brokers, great liquidity (eg. Emini S&P), Use of leverage, no PDT rule & favorable tax rates. Though margin requirements are low, Futures will work better with larger accounts. I’d recommend looking into CFD’s but you wont be able to trade them if you’re US citizen.

Hope that helps

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