Where can I learn binary options

[Peter Neymovic]

Binary options are more of a trade than an investment, but besides that it all comes down to the trader (investor). They can be great if you know how to trade them, the majority is clueless and no matter which asset they trade they will fail at it.
I trade them, but only devote about 10% of my trading capital there.

 

[Roaming]

"4. Bucket shops can be enormously profitable, but if enough people manage to become profitable, they can and do go out of business. Physical casinos have long experience in calculations of this sort and very very rarely go out of business. Trading bucketshops have a bad habit of disappearing with all client money, especially if clients do unexpectedly well."

To me, it wouldn't matter if binary option trading platforms or brokers become bucket shops as long as they play a fair game, pay traders returns and release traders' funds. I really hope to find one that I can trust with my investment.

Not defending Pharaoh on the bucketshops idea, he can defend himself. But, bucketshops and fair business do not match at anytime.
It is true that an unregulated broker might run away with clients money whatever its history of paying clients and possibly playing fair game for sometime was. When the fall time comes, it will take clients money and disappear because no regulator or authority can stop it.
Regulated brokers are not very innocent, they might had thought similarly but the only thing preventing it from doing the same is the Good Regulatory Body/ies, that's all

 

[Roaming]

Binary options are more of a trade than an investment, but besides that it all comes down to the trader (investor). They can be great if you know how to trade them, the majority is clueless and no matter which asset they trade they will fail at it.
I trade them, but only devote about 10% of my trading capital there.

True. The worst that's happening, newbies are entering the Binary Option Trading without having any idea about Forex market trading.
Newbies of Forex are not succeeding in the Forex market, how will newbies of BO do?? Pure Gambling

 

[Pharaoh]

Can't understand why we are arguing on this at first Am against bucketshops in Forex, Binary Options and Whatever Business as much as you are.
Lets set our focus at the regulated brokers, deeply investigating each, looking into its pros and cons to help traders who like the BO concept benefit from our discussion. That if you will agree with me that the BO concept is another way of trading the market, then we can start from here on.

Even the well regulated binary brokers have no method whatsoever to pass trades on to the real market or to hedge themselves with the real market. There is no such thing as an LP for a binary broker. This means that even the few under the tight regulation still meet the definition of being bucketshops.

So, if a significant percentage of the clients start getting more and more successful, the business would shift from highly profitable to bleeding money faster and faster.

 

[Roaming]

Even the well regulated binary brokers have no method whatsoever to pass trades on to the real market or to hedge themselves with the real market. There is no such thing as an LP for a binary broker. This means that even the few under the tight regulation still meet the definition of being bucketshops.

So, if a significant percentage of the clients start getting more and more successful, the business would shift from highly profitable to bleeding money faster and faster.

BO brokers have liquidity providers but what's sure from that they use it for data feed.

They hedge not hedge they are defined bucketshops by default or not, even the regulated ones, that's not a problem for me and any trader as long as they play fair and can withdraw money anytime.

Significant percentage of clients will never get successful but the opposite down. What makes me assured about that is more newbies going to first buy useless robots and systems that don't and will never work or let a whoever unknown account manager trade with their own money!!
And, it will take long time for them to learn this business if they understood firstly to start the path with their own steps not others!!
In mean time, when you say my profits come from other clients loss, have no problem in that, absolutely happy to read it.
At end, coming from broker or clients(losers), I hadn't pass through the years in errors, fixing and improvements to worry much about newbies and investors who have much money want to throw imagining that Forex and Binary Business are an easy mission or get rich fast myth!

 

[Pharaoh]

Data feed does not equal LP. The data feed could be as simple as having a demo account on a normal forex broker.

If you are happy dealing with a bucket shop, that's your choice. You just need to be fully aware of the nature of the business you are dealing with. If too many people become too successful, the concept becomes unprofitable and one way or another, something will change.

 

[Brian Shaw]

True. The worst that's happening, newbies are entering the Binary Option Trading without having any idea about Forex market trading.
Newbies of Forex are not succeeding in the Forex market, how will newbies of BO do?? Pure Gambling

Roaming, are you suggesting that new traders can't become good at binary options trading if they don't learn forex trading first? If that is the case, then we have a long way to go. Why are people saying BO is so simple?

 

[Chan Ming]

Even the well regulated binary brokers have no method whatsoever to pass trades on to the real market or to hedge themselves with the real market. There is no such thing as an LP for a binary broker. This means that even the few under the tight regulation still meet the definition of being bucketshops.

So, if a significant percentage of the clients start getting more and more successful, the business would shift from highly profitable to bleeding money faster and faster.

I think Pharaoh is giving an honest opinion about binary platforms, that most of them are bucket shops. But given the
expiration times,BO platforms will never be able to control where traders place their investments (either "Put" or "Call").
It has tendency to bring them down if the "betting" is not balanced. Does this mean that BO platforms are also
"gamblers" in a way?

 

[BO-guy]

Not defending Pharaoh on the bucketshops idea, he can defend himself. But, bucketshops and fair business do not match at anytime.
It is true that an unregulated broker might run away with clients money whatever its history of paying clients and possibly playing fair game for sometime was. When the fall time comes, it will take clients money and disappear because no regulator or authority can stop it.
Regulated brokers are not very innocent, they might had thought similarly but the only thing preventing it from doing the same is the Good Regulatory Body/ies, that's all

I agree. It is the reason why it is not advisable to aspire for big bucks especially on platforms we're not sure about. We know what we can possibly lose.

 

[Brian Shaw]

I agree. It is the reason why it is not advisable to aspire for big bucks especially on platforms we're not sure about. We know what we can possibly lose.

You've got a point BO-guy. Just a friendly advise to everyone. If you have thousands of hard-earned money, don't invest it right away. Start in small amounts and do not put all your eggs in one basket. But you must be sure you are dealing with a reputable broker. Every successful trading starts with finding one. If you don't have enough money, spend it on a more important purpose.