Pharaoh
Brigadier General
- Messages
- 20,309
It is more like lottery: guess where the price will be tomorrow at this very moment. As for me it is difficult if don't say almost impossible. You don't know if there will be any pullback at this time tomorrow or anything else. You can't close the unprof trade. And if guess, they give 60% to 80% of the money you played for.
from the many helpful replies I've seen here Brian Thomas's explanation was the best. no need to go into microscopic details. what a beautiful short explanation about binary options
Brian left out one detail. Even if you managed to be lucky enough to make a profit with the odds so carefully stacked in the house's favor, a lot of binary options brokers have very poor records of processing withdrawals.