Anyone on the binary option train? What strategy/analysis are you using? How much profit do you make? Is it worth it to get into it or is it just a scam?
100% gambling
It's gambling with higher house edge and lower payout
Do the math
Roulette even has better odds and higher payout
>>1583028
>>1583069
Samefag kys
Seems like it heavily favors the person writing binary options over the person buying them.
>"classy gentleman"
Outrageous. Is that truly what Americans think 'classy genetlemen' are like?
>>1583076
This. There is a negative expected outcome.
The Kelly Criterion says you should bet nothing.
>>1583047
This. You aren't even owning anything. You're just betting whether it'll go up or down.
the only people i know who made money on binary options are those who get commissions for signing people up. which are not bad, they offer really high commissions, around $200 per signup last i looked.
i met a guy on skype today who confessed to me he lost 50k on BO when the topic came up.
if its too good to be true, it likely is. i started with the min deposit, and quickly doubled my money. i immediately wanted a withdrawal to confirm it was legit. but the staff refused to pay me out. did some more research and found out that's common.
>>1583671
I think there are legit brokers out there like IQ option for example. Isnt it possible to make a buck using fibonacci?
>>1584831
Sign up and see for yourself. There are plenty of easy strategies to follow to make a profit. Don't get too upset if they steal your money.