Help me out /biz/. I know this has to be a fucking scam. I just

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Anonymous
2017-07-21 02:39:00 Post No. 2841332
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Anonymous 2017-07-21 02:39:00 Post No. 2841332 [Report]

Help me out /biz/. I know this has to be a fucking scam. I just don't know enough about Forex/Binary Options to really pick it apart. There's a guy on Facebook calling himself the "Wolf of Binary Options." He boasts having a 90% win rate and is constantly posting screenshots of his trades.

The service he's proposing is that he'll give you free trade signals if you sign up to some trading site with his affiliate link. His profile has thousands of likes, comments, and followers, and people are constantly talking about how he changed their life. I'm 90 percent sure this is a scam.

Aside from that, can we just have a general thread about Forex and Binary options? All the research I've done has showed me that 97% of people trading Forex and Binary options only lose money. Is there any money to be made in this industry?

Anonymous 2017-07-21 02:41:04 Post No.2841344
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Anonymous 2017-07-21 02:41:04 Post No.2841344 [Report]

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Here's a recent screenshot of his "trades."

Anonymous 2017-07-21 02:43:12 Post No.2841350
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Anonymous 2017-07-21 02:43:12 Post No.2841350 [Report]

>>2841332
Why the hell would you ever use binary options (i.e. gambling) instead of regular options where you can hedge and use strategies that could benefit you in any market scenario if you're right and limit your losses significantly if you're wrong?

Binary options are popular they're simple, and that's a terrible reason to use them.

Anonymous 2017-07-21 02:45:35 Post No.2841365
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Anonymous 2017-07-21 02:45:35 Post No.2841365 [Report]

>>2841344
>be scumbag
>want to set up impressive trading history so idiots will follow you
>Take a nice chunk of money and throw it into both halves of a trade
>do this multiple times
>Post the side that wins
>idiots think you picked the winning side

All brokers know this trick. All of them. Anyone who posts their trades as a demonstration of success is considered a fucking joke precisely because of this.

Anonymous 2017-07-21 02:46:09 Post No.2841369
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Anonymous 2017-07-21 02:46:09 Post No.2841369 [Report]

THIS SHIT MAKES ME SICK TO MY STOMACH I HATE THE "MAKE SURE TO TAG 5 FRIENDS!!!"

"MAKE SURE TO SHARE THE POST"

"WOW LOOK AT HOW RICH THIS GUY GOT"

Why are there so many black scam artists on fb trying to make it big to support their baby mamas.

Anonymous 2017-07-21 02:46:17 Post No.2841372
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Anonymous 2017-07-21 02:46:17 Post No.2841372 [Report]

Make enough trades, you'll win some sometimes.

He makes his money off his affiliate site. Nobody has answers for this shit and if they do, why give them away when you can scrape the market yourself? Surely using your own tactics would create WAY more wealth than selling it? Black people always fall for this shit.

A snake oil salesman would sell more in Africa than he would in Germany.

Anonymous 2017-07-21 02:53:59 Post No.2841424
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Anonymous 2017-07-21 02:53:59 Post No.2841424 [Report]

>>2841372
>>2841365

Yeah, I assumed all of his profits really came from getting gullible people to sign up with his referral link. So is trading Binary Options in general just a terrible idea? What about Forex?

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/