100 replies
I got access to this system a few weeks ago, but my problem was that the graphs weren't easy to read. Has anybody had any success using MyBinaryCode?
#binary #code
  • Profile picture of the author Scott Casey
    Its one of those things that sounds too good to be true? Curious if anyone makes a deposit at one of the brokers and actually gives this a try...
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    • Profile picture of the author stockette
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      • Profile picture of the author ezeeforall
        Thank you very much 'stockette' for your concise review of My Binary Code. I took a look at this the other day, and it intrigued me, so I came here to the Warrior Forum to see if anyone had tried this out yet. Your review of this product explained a lot to me, and I especially liked the fact that you're an experienced trader.

        I understand the need to invest in a real business, and you say that their is an initial outlay of $500 minimum in order to have an active account to participate in this platform? Is this correct? If so, then thanks for mentioning this as well. I was not aware of this.

        I am more interested in being an affiliate, and offering this product to my subscriber lists really. Something that actually works, is easy to implement, and is ethical. These are the criteria I go by when offering a product, program or service to my lists. Got to keep them happy.

        One last thing. I have a close friend who is a day trader, and though he makes a very comfortable living doing what he does, he has to dedicate many hours to it (most of his time actually). I do not envy him, or want his situation for myself or anyone else I'm doing business with. Just my observation.

        Thanks again stockette for your most informative review.
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        • Profile picture of the author stockette
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          • Profile picture of the author ezeeforall
            Originally Posted by stockette View Post

            Hi ezee -- this is totally different from "trading" in the traditional sense. You should ask your friend to have a look at this. You basically have a 50:50 shot at getting this right as opposed to trading where you're really after a specific price and you need more significant moves to make any real money. You can get it right with binary options with a small move and make the payoff of 70-90% return. But do your homework first and spend time with the demo before using your own money. I have a list of additional questions to ask my broker and will keep you up.
            Thanks for the additional information stockette! I really like the 50/50 odds of making money with this type of trading. I'll mention this to my day trader friend, see what he thinks.

            Yes, by all means keep me up on how it's going for you!
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      • Profile picture of the author Darunner14
        Originally Posted by stockette View Post

        I signed up for it yesterday with Banc de Binary. They will not accept an account with less than $500.00. This is a real program and is derived from the "scalp trading" platforms used by currency traders. The company is located at 40 Wall St., NYC.

        I was a stock broker for 27 years on Wall Street and in London. The program itself runs out of London and is based on UK time (GMT). There are different stocks, indices, currencies and commodities you can trade around the world so really there is something to trade 24/5. It's all probability but you improve your odds by getting the direction right. Like betting in craps, if you lose on the first "roll out", you'll better your odds by placing the same bet with a bigger stake.

        They give you a "demo" account to practice on before using your own money. They also will assign a broker to you to help you if you want it. Yesterday I placed 5 bets. I "won" 3 and lost 2. Because I increased my losing positions and bet again, when I won, the payout was higher. All in, I bet a total of $9300 and got back 11442 for a net profit of $2,142. Not bad for the hour I put into it!

        The key is the charts and you'd be better off finding a "1 minute chart" on Forex sites. You always want to pick something with a real trend and some volatility. Also, this is traded by OTC brokers (not Nasdaq). So THIS is where they're making their money (on the spreads). But if you pick a big enough liquid stock, currency, etc., you should be okay since they can't manipulate the price.

        I'm sure there will be some downfalls but so far it looks good. I plan to go "live" next week with a very small initial deposit. If you want to be kept up on how I do with it, just send me a PM. If this pans out, I'm going to be all over the JV. One more thing. Profits/losses are short-term cap gains (ord income) but if you're in the U.K. it's NOT taxable!!!
        Here is a 1 Minute, 5 Minute etc trend chart that could be used to make better decisions, for whoever wants to use it.

        Trends | Global Money 24
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        Make $300+ daily from your Blog/Website Traffic Today!
        ==> http://bloggingsecretsreport.blogspot.com/
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  • Profile picture of the author TrafficBot
    The real money he makes is from people signing up for the binary trading brokerage accounts. The vendor gets like a $150 per sign-up. I know this because I am an affiliate at Global Options. Its a smart way to get CPA commissions for the sign-ups.
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  • Profile picture of the author AmazingP
    Guys, this is something nice to continue on discussing here. Of course, those sites dealing with trading will have an affiliate program and promoters will make money if we sign up under their ref links but this thing (which is so common by the way in our internet marketing industry) should not deter us to find more information and maybe later risk some money.
    Signature
    I AM LOOKING FOR BETTER WAY TO MAKE MONEY ONLINE...
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  • Profile picture of the author Sornie Samante
    I was intrigued with My Binary Code too. I really thought of trying because it seems really profitable. Imagine earning $500 in one hour working from the comfort of your own home. That's a lot of money of course.. Thanks for the reviews guys. This is why I love this forum, I always get the right information at all times.
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    • Profile picture of the author ezeeforall
      Originally Posted by Sornie Samante View Post

      I was intrigued with My Binary Code too. I really thought of trying because it seems really profitable. Imagine earning $500 in one hour working from the comfort of your own home. That's a lot of money of course.. Thanks for the reviews guys. This is why I love this forum, I always get the right information at all times.
      Yeah, me too.
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      • Profile picture of the author Sornie Samante
        Originally Posted by ezeeforall View Post

        Yeah, me too.
        So good to know
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  • Profile picture of the author mish_h
    I also came across Binary Potions and jumped on WF to see what people have to say. stockette this sounds like you now what you are doing I would love to keep updated on how you go
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  • Profile picture of the author FrankLie
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    • Profile picture of the author ezeeforall
      Originally Posted by FrankLie View Post

      Well...

      I got an email from mybinarycode.com about this a couple days ago. I watched the demo video and read about it and basically got the same information that you guys mentioned above - it's a 50/50 chance of things going you're way. Hmmm...

      I tried to do as much due-diligence as I could and I didn't find anything negative, only that there's a 50/50 shot, which could go both ways

      So I went ahead and signed up with GlobalOption.com. At that site they offer bonuses for your deposits. When I signed up they were offering a $250 bonus if I deposit $550 in my account. I was like sweet! I did that and the next day I had $800 in the account. I read as much as I could from the site, tried to study what I could, but really - I have absolutely no experience and I have no idea what I'm doing when it comes to this stuff...

      From the mybinarycode.com site they offered a link to "real time graphics", which display graphs of a bunch of options that one can trade. When you watch the mybinarycode.com demo video, all that one gets out of it is "follow the graphs". If the graph shows an upward trend, then put a CALL for that particular option. If the graph shows a downward trend, then put a PUT for that particular option. If the graph doesn't clearly show an upward or downward trend, skip it. Sounds pretty easy and it didn't seem like anything was "hidden" or that there's some kind of scam or anything like that...

      Since I was soooo anxious to actually test it out myself, I went ahead and placed my trades. I placed 6 trades - 4 PUTs and 2 CALLS. They followed exactly what the mybinarycode.com site said to do. I LOST ALL POSITIONS!!! In 4 of the trades I bid $50 each and the other 2 I bid $25 each. For some reason you still get a return when you lose, a very small return. Actually, it's not a return, but since they feel bad for you, they let you keep 10% of what you lost... I lost a total of $229 in an hour! Mannnnn! I was upset... I figured with a 50/50 shot, I will at least makeup a lost position with the high returns on the others!!!!! Well... didn't win one! So I went to withdraw the money I had left in my account. From the $800, I had $571 left. I deposited $550, so technically I didn't lose any money, just the "bonus". Well, I was wrong here as well! It turns out that if you accept the bonus, you have to trade 5x the amount that was deposited + the bonus. In my case that's $800*5= $4000. So I can't withdraw any of my money until I trade a total of $4000!!!!! Wow, they know how to get you!

      I also didn't know that there was a demo that you could play with and trade, at least not with Globaloption.com. I will go look again to see if there's a demo one can use to make "fake" trades before using real money. I would HIGHLY recommend that... If Globaloption.com doesn't have a demo to practice with I will withdraw what I have left of my $550 and go to a site that does... Can ya recommend one please?

      Also, looks like I'ma need your help stockette I guess the 27 years of experience in trading helps...

      Guys, be careful! This is for sure not as easy as it looks...

      Thanks for your review FrankLie. Like I already mentioned, I would be more interested in offering this to my subscribers (but only if it really worked, of course). And upon visiting their site again, I had questions, but no FAQ, or contact link(?) ...a bit too sketchy. So I will hold off for now, but will keep an eye on this thread.

      btw, I appreciate your honesty very much.
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  • Profile picture of the author jamesbgr
    Definitely not as easy as it is purported to be. Funnily enough global options don't provide a demo even if you deposit because they reckon it's easy enough to get into it, unlike normal forex apparently. I see not much difference other than the capped losses and winnings.

    I really think this was an exercise in the author getting people to sign up via his affiliate link to the reccomended brokers.

    For the record I also tried this out on a demo account with GFTUK and I'm faring no better than when I tried out "real" forex a few years ago. I will not try this with real money.
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  • Profile picture of the author mish_h
    I opened a demo account yesterday with Nadex.com. they give you $25.000 to play with,you don't have to deposit any of your own money. I also had no idea what I was doing but somehow managed to make about $2000 over the day. I just placed the up or down according to the graphs FrankieLee talks about. I placed about 10 orders some for quite a few "sizes"
    The interface is quite complicated and I have no idea when the options are sold or bought as I am in AU in a completely different time zone. Somehow I manged to win a few that paid out well. But I have no idea what I am doing!

    And I agree with James, the binaryoptions website is just a way for them to sign up as an affiliate, the rest of the links on the page don't even work!
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  • Profile picture of the author alleycatnews
    i have been an affiliate for many years in binary options. LOTS of stuff to watch out for. Spreads, slow payouts, kiss your money good bye if you do bonuses. Also bbinary is not based in NYC that is a po box you can buy for $50 a month at trump tower.
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  • I read the posts here and it does make me shudder! I trade forex and this sort of market is not something you can go into and without any experience do well. 50:50 is no good, you need at least 60:40 (win:lose) and even then in my books that is marginal.

    The reason I say "I shudder" is that the focus and discipline required to be a good trader is massive. Emotion has to be kept outside.

    If you want to trade options, someone who I have learnt to trust has an offer available and I can tell you you will be very well looked after. I am not an affiliate and I am not into options - forex is my game.
    Go and look at this WSO: http://addictivetext.com/blog/click/ant-handshake-wso/

    Oz is a good man, very experienced in this area and a helpful son-of-a-gun.

    Cheers,

    Mike F-D
    Signature

    AND there's no such thing as a free lunch!!
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    • Profile picture of the author stan07
      I also came here looking for answers about this system. Like anything that makes those sorts of figures there is a learning curve involved , listening to you guys has made up my mind this is'n't for me.
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  • Profile picture of the author gpxint
    Not sure if any of you know Steve, but he states unequivocally that
    binary options trading is a scam, both form a trading & affiliates
    perspective.

    I Quit Binary Options - YouTube (to mods: this is not my video)

    Buyer beware!
    Signature

    <a href="http://payspree.com/14175/xenoz">FULLY AUTOMATED, INSTANT PAY, RESIDUAL INCOME SYSTEM JUST LAUNCHED</a>

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    • Profile picture of the author ezeeforall
      Originally Posted by gpxint View Post

      Not sure if any of you know Steve, but he states unequivocally that
      binary options trading is a scam, both form a trading & affiliates
      perspective.

      I Quit Binary Options - YouTube (to mods: this is not my video)

      Buyer beware!
      I was not able to find much real, honest info on Binary Codes. Talked with my day trader friend who had a look at this. Said it is doable, but a learning curve is needed, however, he questioned the legality of this program. Anyway, just sharing my latest on this with everyone.
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    • Profile picture of the author wrays
      Thanks for sharing this video.
      I think everyone who are interested in this should watch this video first.
      These kind of horror stories also exist in Forex trading, you don't hear these kind of stories when you get started. But once you start to succeed in this game and start earning BIG income, horror stories such as these start to pop up from the brokers. Very sad!

      Originally Posted by gpxint View Post

      Not sure if any of you know Steve, but he states unequivocally that
      binary options trading is a scam, both form a trading & affiliates
      perspective.

      I Quit Binary Options - YouTube (to mods: this is not my video)

      Buyer beware!
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  • Profile picture of the author sahuja
    Thanks everyone for all the information. I have been getting so many emails about mybinarycode and after watching the simplicity of the program as advertized, it looks pretty easy to earn money out of it but when I saw this thread, I feel that it is not my cup of tea.
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  • Profile picture of the author Chronic IM
    Hello!

    They will not accept an account with less than $500.00. This is a real program and is from the "scalp trading" used by currency traders. You should totally try it. It's safe I guess. Why did you asked? Are you planning to use this system?

    More power.
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  • Profile picture of the author TrafficBot
    I have made $800 in profit using the binary code method since march. It is fairly easy to set-up and trade but I use eztrader which allows you to start trading with only $100. The video can be found here:


    There is a more detailed training video in video description and a link to start trading with only $100 with eztrader.
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    • Profile picture of the author tommmi
      I have been trading band de binary for 2 month my account went from $3000 to $5700.my colleague.mentio went from $3000 to $8000 in two week.my advice is not to trade on your own but follow the advice from your trader, do not think you can trade on your own easily,my broker give 3 signal to 5 signal daily there is why we are consistant now,I use to trade on my own and lost now I only wait for signal.pm me I can give you more information and experience.thanks tom add me to skype tommmi88 (mention warrior as I do not add just anybody)
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  • Profile picture of the author Gary336
    The whole concept of My Binary Code is quite straight forward. As suggested in the sales page, it is about making money from trading. Now, to be honest this concept is not new. But what got me joining this program was the fact the creator of this program guarantee that you WILL make money. Now, this is a very big claim – as we know, nothing can be 100% sure. Especially in this tough economical times. How can he be so sure? I invested $100 for trading.
    On my first day of trading I made $231, so I was very excited. Considering the fact that I must admit I was kind of skeptical of the whole thing, thinking it would be left to pure chance to whether I profited or not. But after learning the strategy by My Binary Code had allowed me to have some confidence when trading. The broker that looked after me is easy to deal with and explain things in simple terms.
    On my second day of trading, I made $342…. How good is that? Remember, I started with $100, so that’s a profit of more than $400 in just two days! My third day I made the lowest profit of $128 – but nevertheless a profit, so I wasn’t complaining. And I have continued to make a profit to this date…
    So does My Binary Code works? YES, from my one week experience.. and believe it will continue to work.
    Signature

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  • Profile picture of the author tommmi
    my account is now $13000 if you inquires skype me at tommmi88,please mention warrirorforum will add you in
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  • Profile picture of the author 8485marketing
    I have an account with Banc De Binary and you can sign up for an account with less than $500 but you cannot withdraw until you have deposited a total of $500. I put $200 into my account and raised it to about $700 within a few weeks but couldnt withdraw as i hadnt met the deposit limit but once that was done it was simple to put it into my account with a bank transfer. The money made in this is purely for signups as someone here as already mentioned there is a hefty commission per sign up because 97% of people are expected to lose it all so its an easy $350 profit per sign up for Banc De Binary. No scam here just stick with currencies and you'll be fine just do your research on trending for the preceeding week or so to give you an idea as to where its heading by the close of play that day. The weekend options for middle east stocks are very volatile throughout the day and usually end up not far from where they started the day. Good luck to anyone who does this, i think it was one of the most exciting yet nerve racking things ive done to make money.
    Signature
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  • Profile picture of the author Duncan Macleod
    To those who opened accounts with Banc De Binary with less than $500, how did you do that?
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  • Profile picture of the author hood30
    Is the mybinarycode.info affiliate is still alive and paying?...I already got 4 members signed up and although they haven't started trading for money, a few of them may do so soon.

    I want to know whether mybinarycode.info is still working.

    Also, does anyone know where you can get free signals to help you win more?
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  • Profile picture of the author hood30
    It would be nice if we could get more inofmration on this including phillip5341's questions.

    Also, there seems to be no way to contact them.

    I'd like to know whether their mybinarycode-affiliate is still functioning and paying out.

    Anybody knows where u can contact them for some answers?
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  • Profile picture of the author eluv007
    Hi, check out some of my alternative Binary Options Trading Systems. Almost 600 traders trading them with many many experiencing good success. Cheers.
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    • Profile picture of the author kendido
      Originally Posted by eluv007 View Post

      Hi, check out some of my alternative Binary Options Trading Systems. Almost 600 traders trading them with many many experiencing good success. Cheers.
      How do we check that out when you place no link whatsoever?
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      • Profile picture of the author tommmi
        Originally Posted by kendido View Post

        How do we check that out when you place no link whatsoever?
        there is no miracle, only experience and hard work.money management of course.as I say anyone can say who can prove
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  • Profile picture of the author tommmi
    My account is now at $15000,skype:tommmi88
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  • Profile picture of the author tommmi
    wow a new binary code,now recoded
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  • Profile picture of the author Stretch44
    I came across this link while doing my "due diligence" and although it's been very informative, I wish I had more information on the updated version, "Binary Recoded". It almost seems like they've tried to sell us on the learning curve not being nearly as steep because of the training and the cost, to jump in, is only 100-300 bucks (although, the recommendation is $200 - $100 for each type of broker he offers ... each specializing in different platforms), as opposed to the $500 being discussed in this thread. I've read that the owner of the system just goes by "Ronnie", but I saw on the website with the breakdown that the "bogus article" (I see these things all over the internet) where some "Dad in my hometown made $14K in a month ... find out how" was authored by a guy by the name of Tommy and listed as Consumer Trend Investigator and Financial Expert. I saw the listed creators ... Created By : THOMAS JAY LA'ROQUE, Hajo Erzbach, JACOB ANDREWS and Ronnie. That solves that mystery. I'd love to see one of you guys with stock broker experience check out the newest version. Your opinion would be priceless ... can it really be THAT easy? I've always heeded the words, "if it sounds to good to be true ....", but I have to admit, I feel like I might be getting drawn closer to the light. Again ... great conversation that went on in here ... Thank You.
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  • Profile picture of the author Josh Monroe
    I never used the orignial 'my binary code' so I don't know what's different in the new one. It's also way out of my comfort zone, honestly i don't really know what I'm doing but so far using the 'system' I am seeing results.

    Took the $200 that's recommended and turned it into $800 - a lot of that was down to me being 'sensible' with my trades though, no rushing in with big numbers.

    Slowly and steadily I'm seeing some nice results, but I don't really know what's going on. Obviously no system in 100% accurate, so you need to expect some losses, but overall I'm having fun, and the 'system' was free so all is good!
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  • Profile picture of the author GEORGIADES
    Hey guys, it's probably not very relevant to binary code trading but thought you might like to watch the 3 part Million Dollar Traders. Quite a fun watch.

    Part 1: Part 2: Part 3:
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  • Profile picture of the author tommmi
    love the video,well am up to $29000 after four months.thanks to binary option
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  • Profile picture of the author tommmi
    by the way you see in the in all binary advertisement does not really show you the true,it take real money and time to really do it not get rich tommorow scheme. if you have time and money just skype: tommmi88 let me show you how I do it
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  • Profile picture of the author TrafficBot
    [DELETED]
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    • Profile picture of the author JawadAshraf
      Originally Posted by TrafficBot View Post

      I made $4200 last month alone using original my binary code trading strategy. I have been using this strategy since my binary code launched in March. I am up $800 this week since using binary recoded. The original free training video can be found here:


      As mentioned in video description "Be sure to trade in smaller amount at first when you start like $10 or $20 to get started. Do at least 8-10 trades with small amounts until you are more comfortable then scale up. You need to be aware when the various exchages are open to trade as they are not 24/7 days. DO NOT PUT ALL YOUR MONEY IN 1 TRADE! This way you spread your risk over different currency trades. Remember not all trades will be winners but most will."
      Do Eztraders accept Paypal as payment processor? I will through $100 to test the waters. Have sent them email regarding it as well. Let's see. By the way here is a guide that teaches how it works and you can make it profitable for you.
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      • Profile picture of the author tommmi
        Originally Posted by JawadAshraf View Post

        Do Eztraders accept Paypal as payment processor? I will through $100 to test the waters. Have sent them email regarding it as well. Let's see. By the way here is a guide that teaches how it works and you can make it profitable for you.
        wow $97 for 2 weeks of signal, try it and let's us know.I get it for free not from clickbank though
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  • Profile picture of the author jamesbgr
    I quit on this idea after a few disastrous trial runs 6 months ago. I actually had banc de binary on the phone yesterday asking me why i have not deposited yet. Think that's the 3rd time they asked me. Why do they need customers when they can play binaries themselves and make a killing like some people seem to be able to do?
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    • Profile picture of the author wrays
      Brokers are not traders... brokers earn money from commissions. In case of binary options, they earn money when traders lose!

      Originally Posted by jamesbgr View Post

      I quit on this idea after a few disastrous trial runs 6 months ago. I actually had banc de binary on the phone yesterday asking me why i have not deposited yet. Think that's the 3rd time they asked me. Why do they need customers when they can play binaries themselves and make a killing like some people seem to be able to do?
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      • Profile picture of the author Stretch44
        Originally Posted by wrays View Post

        Brokers are not traders... brokers earn money from commissions. In case of binary options, they earn money when traders lose!
        Wow, that doesn't make sense ... the Binary Recoded video was saying that you want to use their brokers for help. If you go in with a hundred dollars and lose, why would you want to go back? Seems like the brokers would want you to succeed although one of the questions I have for the B.R. creators is ... is there a fee for using their brokers or a percentage taken for services rendered? How are they getting paid? When we lose? Really? I'm not trying to stir the pot, it just doesn't make sense to me. But again, this binary crap is all new to me.
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        • Profile picture of the author tommmi
          Originally Posted by gpxint View Post

          Not sure if any of you know Steve, but he states unequivocally that
          binary options trading is a scam, both form a trading & affiliates
          perspective.

          I Quit Binary Options - YouTube (to mods: this is not my video)

          Buyer beware!
          Originally Posted by jlscwf View Post

          I took a look at this about a week ago. my only worry is actually getting
          a withdrawal.
          Originally Posted by Stretch44 View Post

          Wow, that doesn't make sense ... the Binary Recoded video was saying that you want to use their brokers for help. If you go in with a hundred dollars and lose, why would you want to go back? Seems like the brokers would want you to succeed although one of the questions I have for the B.R. creators is ... is there a fee for using their brokers or a percentage taken for services rendered? How are they getting paid? When we lose? Really? I'm not trying to stir the pot, it just doesn't make sense to me. But again, this binary crap is all new to me.
          have you ever trade or make money in binary option, I have withdraw $8000 already
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          • Profile picture of the author Stretch44
            Originally Posted by tommmi View Post

            have you ever trade or make money in binary option, I have withdraw $8000 already
            No Tommie, I've not ever done any investing or anything in the Financial niche, online. It is intriquing though. Do you mind me asking where you are located? I can't tell from your profile. Are you from the states, Europe, Asia or ...? The reason I'm asking is that it seems like most of the folks in this thread are from outside the continental U.S. ... just trying to get some perspective, but mostly I'm curious, I guess. You seem to have a handle on this material and I'm wondering if you're able to get the graph info. in "real time" or if you're "down under" (like Mish_h) or somewhere else, where the time zone could be a liability?

            I'm considering a "strategy" to recoup anything I lose, which may or may not involve/include finding a product on Clickbank that is "proven", coupled with my "mad SEO skilz". I appreciate your sharing ... thanks.
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            • Profile picture of the author tommmi
              Originally Posted by Stretch44 View Post

              No Tommie, I've not ever done any investing or anything in the Financial niche, online. It is intriquing though. Do you mind me asking where you are located? I can't tell from your profile. Are you from the states, Europe, Asia or ...? The reason I'm asking is that it seems like most of the folks in this thread are from outside the continental U.S. ... just trying to get some perspective, but mostly I'm curious, I guess. You seem to have a handle on this material and I'm wondering if you're able to get the graph info. in "real time" or if you're "down under" (like Mish_h) or somewhere else, where the time zone could be a liability?

              I'm considering a "strategy" to recoup anything I lose, which may or may not involve/include finding a product on Clickbank that is "proven", coupled with my "mad SEO skilz". I appreciate your sharing ... thanks.
              sorry I do not wish to offence you but I do believe broker have to earn money.that what they make a living with that .I talk to them daily so I know what is the truth they help me make money if you get the right person.I do not need to show anything here I not display wealth. I just like to get some misunderstand right.there is no gurantee in trading.it ismoney management remember are you a trader or gambler
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              • Profile picture of the author Stretch44
                Originally Posted by tommmi View Post

                sorry I do not wish to offence you but I do believe broker have to earn money.that what they make a living with that .I talk to them daily so I know what is the truth they help me make money if you get the right person.I do not need to show anything here I not display wealth. I just like to get some misunderstand right.there is no gurantee in trading.it ismoney management remember are you a trader or gambler
                No offense taken, Tommie ... you seem like a guy that just wants to help & I saw earlier in the thread that you were willing to give out your Skype address, which I thought was very generous. I wasn't looking for proof of your earnings, just where you are from ... like I said ... I'm just curious. No worries. You are exactly right about this form of "money management" ... it is a gamble. I'm just trying to get a handle on exactly how big of a gamble it is.

                The promoters of Binary Recoded would have me think that the odds are far greater in MY favor, while I'm looking at it a little more realistically. I read somewhere in my research that I'm looking at - little more than a 50% chance of winning (about 54.5% according to that source - which I was able to just find - here it is: Binary Options Scam - How Brokers Profit but again, this is in a "perfect market" ... no hanky panky).

                Hope this helps anyone else looking to venture a try, which by the way, I still might do ... only slow and calculating with a modestly low amount of money ... maybe just dip my toes in, as it were. Again ... GREAT thread here everyone!
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                • Profile picture of the author tommmi
                  Originally Posted by Stretch44 View Post

                  No offense taken, Tommie ... you seem like a guy that just wants to help & I saw earlier in the thread that you were willing to give out your Skype address, which I thought was very generous. I wasn't looking for proof of your earnings, just where you are from ... like I said ... I'm just curious. No worries. You are exactly right about this form of "money management" ... it is a gamble. I'm just trying to get a handle on exactly how big of a gamble it is.

                  The promoters of Binary Recoded would have me think that the odds are far greater in MY favor, while I'm looking at it a little more realistically. I read somewhere in my research that I'm looking at - little more than a 50% chance of winning (about 54.5% according to that source - which I was able to just find - here it is: Binary Options Scam - How Brokers Profit but again, this is in a "perfect market" ... no hanky panky).

                  Hope this helps anyone else looking to venture a try, which by the way, I still might do ... only slow and calculating with a modestly low amount of money ... maybe just dip my toes in, as it were. Again ... GREAT thread here everyone!
                  thanks for the understanding,I saw the video look forex started the same way look like scam.but what does it look like now.do you know binary option is beginning to be regulated.cysec requries binary option to be regulated.it take time so smaller player will be out very soon.so join the big boys.sorry I am referring to the video before this.as for spread I cannot speak for others even in forex or stock or option. there are bad apple so choice properly.give it time but would you leave opportunity to make money your choice.oh yes my broker mention lots of hype from binaryrecoded they do not really like it before people just deposit and try to trade minimum hoping for million. you guys should not take bonus if not comfortable I believe they offer it in forex too
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                  • Profile picture of the author wrays
                    Hi tommmi,
                    May I know what binary options broker do you use? Do they allow people outside the US to open an account?

                    Originally Posted by tommmi View Post

                    thanks for the understanding,I saw the video look forex started the same way look like scam.but what does it look like now.do you know binary option is beginning to be regulated.cysec requries binary option to be regulated.it take time so smaller player will be out very soon.so join the big boys.sorry I am referring to the video before this.as for spread I cannot speak for others even in forex or stock or option. there are bad apple so choice properly.give it time but would you leave opportunity to make money your choice.oh yes my broker mention lots of hype from binaryrecoded they do not really like it before people just deposit and try to trade minimum hoping for million. you guys should not take bonus if not comfortable I believe they offer it in forex too
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                    • Profile picture of the author tommmi
                      Originally Posted by wrays View Post

                      Hi tommmi,
                      May I know what binary options broker do you use? Do they allow people outside the US to open an account?
                      I do not wish sell anything here look for me in skype, of course they take people outside us but remember there is no such thing as gurantee win. it is how you trade that the key.sorry I am out very tired after non farm thanks
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                      • Profile picture of the author wrays
                        Hi Tommi,
                        I trade stocks and options (not binary options), I understand that there is no guarantee. If there is one, every trader I know is already a millionaire.

                        I will PM you.
                        Thanks!

                        Originally Posted by tommmi View Post

                        I do not wish sell anything here look for me in skype, of course they take people outside us but remember there is no such thing as gurantee win. it is how you trade that the key.sorry I am out very tired after non farm thanks
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                      • Profile picture of the author wrays
                        Hi Tommi,
                        I have sent you a PM.
                        I'm just curious... is it a secret to let people know what Binary Options broker you use?? If it's a secret then please forgive me and ignore my question.

                        I have no experience in Binary Options but I do have experience in trading stocks and options and people ask me all the time what brokers I use to trade stocks and options. I always tell them that I use Interactive Brokers and thinkorswim (because that is what I use). I did not get any commissions by telling people what brokers I use to trade stocks and options (it's no secret and is a very common question).

                        Originally Posted by tommmi View Post

                        I do not wish sell anything here look for me in skype, of course they take people outside us but remember there is no such thing as gurantee win. it is how you trade that the key.sorry I am out very tired after non farm thanks
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          • Profile picture of the author oluseguna
            [DELETED]
            {{ DiscussionBoard.errors[8045726].message }}
            • Profile picture of the author tommmi
              Hi there is no best trading platform , everyone got their opinion on it important is to which one can help you make money
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        • Profile picture of the author wrays
          Check out this video...

          After watching that video, you will understand how binary option brokers make money. And you will also be surprised to hear that anyone can setup a binary option brokerage with only $12,000.

          I don't trade binary options, I trade stocks and options with Interactive Brokers (IB). IB earns money from commissions, very different from those binary brokers.

          Originally Posted by Stretch44 View Post

          Wow, that doesn't make sense ... the Binary Recoded video was saying that you want to use their brokers for help. If you go in with a hundred dollars and lose, why would you want to go back? Seems like the brokers would want you to succeed although one of the questions I have for the B.R. creators is ... is there a fee for using their brokers or a percentage taken for services rendered? How are they getting paid? When we lose? Really? I'm not trying to stir the pot, it just doesn't make sense to me. But again, this binary crap is all new to me.
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          • Profile picture of the author Stretch44
            Originally Posted by wrays View Post

            Check out this video...
            How to do Binary Options Brokers make money? - YouTube

            After watching that video, you will understand how binary option brokers make money. And you will also be surprised to hear that anyone can setup a binary option brokerage with only $12,000.

            I don't trade binary options, I trade stocks and options with Interactive Brokers (IB). IB earns money from commissions, very different from those binary brokers.
            Hi wrays,

            I don't understand my aversion to watching this video you posted ... I finally came back to it and checked it out and that was EXACTLY what I was looking for. The way Steve explained the way the Brokers were skewing the results to favor them made sense along with how I could end up with a "less than honest" Broker completely made sense. I wish I would've watched it sooner. THANK YOU SO MUCH!!!
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            • Profile picture of the author wrays
              Yes, Steve sounds like an honest guy!
              Make sure you only use the brokers he recommends if you want to try binary options. A lot of people make money by recommending brokers (steve used to do that as well), and most binary brokers are out there to get your money!

              If you want to invest or trade in the financial market, I recommend you to start with the stock market. Use brokers like Interactive Brokers or thinkorswim (I use both). I have been using these brokers for years without any problem. They are big brokers and very popular all over the world.

              Of course, if u want to invest in the stock market, make sure you get the right education first!

              Originally Posted by Stretch44 View Post

              Hi wrays,

              I don't understand my aversion to watching this video you posted ... I finally came back to it and checked it out and that was EXACTLY what I was looking for. The way Steve explained the way the Brokers were skewing the results to favor them made sense along with how I could end up with a "less than honest" Broker completely made sense. I wish I would've watched it sooner. THANK YOU SO MUCH!!!
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        • Profile picture of the author kia123guy
          I think binary options signals are the way to go. Binary Options Signals
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          • Profile picture of the author yoshi74
            I've tried my hand at binary options and made a bit of money in the past. But there again I used to be a professional trader and so I would hope that I would be able to!

            Despite all the talk of scams you can make money. Most traders simply don't understand the process of how these financial institutions operate and lose there head (then their money!).

            If you are going to trade then I suggest you don't hold a huge amount of capital with any broker (that goes for any form of investment - shares, spread betting,fixed odds etc). With banks being propped up it shows that all financial institutions are finding it hard and you don't want to see a broker go under and take your money with them! Stick with the bigger and more established brokers and avoid the really short term contracts (60 seconds) as the pricing is likely to suffer more manipulation by the broker.

            You can find some of the more trusted brokers listed here Binary Options Profits | Your Binary Options Trading Companion There are also have a few tests and reviews of the some of the signal services mentioned above if that is a path that you want to try.
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  • Profile picture of the author magic46
    Has anyone used VIPBinary. Like a lot of us I have been scammed on the internet..Could I get anybodies input to the binary company and if they have been able to withdraw money from their account once you made a profit,Any input would be appreciated..Thanks
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  • Profile picture of the author tommmi
    look guys, 1)if you do not have the money or you started with $250 and lost money following the binary coded or recoded don,t blame the broker.
    2)if don,t expect to lose in binary option it aren,t going to happen,lose small win big trade consistently,
    3)if you are doing
    well with broker please continue to do so but don,t mind to show your account how much you are making I done it on skype showing my account.
    4)I just trying to help
    , I don,t care whether you sign up or not, I still make money as and when I like my dream is to trade five figure than I truthly make it that my standard
    5)try to make money and take back what you invest in first than whatever money you make is free money.you do not worry people scam you I can,t speak for broker who care if they make money or not right
    6)people are asking what I sell, I don,t but I subscribe to guy on top of the topic steve have you guys did, you should try and see if work but in video he can lost 5 days in august can you?anyway I thinking to provide my service in future if you guys want.just my thought .
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  • Profile picture of the author GEORGIADES
    hey wrays, if I want to use interactive brokers to trade stock options, is it a minimum buy in of $10,000 whilst keeping a $2000 balance? Just thought I'd ask as you mentioned you use them.
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    • Profile picture of the author wrays
      Hello, yes you need a minimum of $10,000 to open an account in Interactive Brokers (IB). I live in Asia, that's what IB told me when I opened an account with them.

      But, I heard that people in the USA can open an account with IB with only $5,000. I am not sure... if you live in USA perhaps you can give them a call?

      Originally Posted by GEORGIADES View Post

      hey wrays, if I want to use interactive brokers to trade stock options, is it a minimum buy in of $10,000 whilst keeping a $2000 balance? Just thought I'd ask as you mentioned you use them.
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  • Profile picture of the author rising_sun
    Banned
    I think you have the same problem that I felt,
    Try another just avoid it,like me.
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  • Profile picture of the author tommmi
    those of you in skype should have make money

    [13/09/2012 00:45] hi apple stock flying because iphone 5 launching in 1hours prepare for binary stock end day
    by broker

    [13/09/2012 08:45] won big time
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    • Profile picture of the author Sleaklight
      Originally Posted by tommmi View Post

      those of you in skype should have make money

      [13/09/2012 00:45] hi apple stock flying because iphone 5 launching in 1hours prepare for binary stock end day
      by broker

      [13/09/2012 08:45] won big time
      1.39% increase is not big time...
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      • Profile picture of the author tommmi
        Originally Posted by Sleaklight View Post

        1.39% increase is not big time...
        in binary option you only 1 point to gain it depend on direction. your position trade size is that important factor not how many pip like in forex or share
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  • Profile picture of the author Darunner14
    Any further updates? I think I am gonna give this a shot. I am curious to know though, if the strategy on his site works?

    His strategy is;
    Step 1 -- Invest $10 with clear traders choice, (67.4% likely win)
    If win, repeat step 1, if lose step 2
    Step 2 -- Invest #25 with clear traders choice, (79.1 likely win)
    If win, repeat step 1, if lose step 3
    Step 3, Invest $50 with clear traders choice, (98.9 likely win)
    If win repeat step 1.
    Signature
    Make $300+ daily from your Blog/Website Traffic Today!
    ==> http://bloggingsecretsreport.blogspot.com/
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    • Profile picture of the author tommmi
      Originally Posted by Darunner14 View Post

      Any further updates? I think I am gonna give this a shot. I am curious to know though, if the strategy on his site works?

      His strategy is;
      Step 1 -- Invest $10 with clear traders choice, (67.4% likely win)
      If win, repeat step 1, if lose step 2
      Step 2 -- Invest #25 with clear traders choice, (79.1 likely win)
      If win, repeat step 1, if lose step 3
      Step 3, Invest $50 with clear traders choice, (98.9 likely win)
      If win repeat step 1.
      what if you continue to lose more than 3 trade?comfirm can win?lose whole account?
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  • Profile picture of the author dreagle
    I had a lot of questions and this thread has answered my questions and more. It has been a pleasure reading. Much thanks to tommi, wrays and everyone else making this very valuable.
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  • Profile picture of the author Darunner14
    That is why I am asking, does this strategy works. In my mind it makes sense, but applying this could be totally different.

    I think I will be alright. From, what I been watching, and the tests I been doing; I am doing pretty good.

    Tommmi, have you applied this strategy? Have you gotten to, or had to use step 3?
    Signature
    Make $300+ daily from your Blog/Website Traffic Today!
    ==> http://bloggingsecretsreport.blogspot.com/
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    • Profile picture of the author tommmi
      Originally Posted by Darunner14 View Post

      That is why I am asking, does this strategy works. In my mind it makes sense, but applying this could be totally different.

      I think I will be alright. From, what I been watching, and the tests I been doing; I am doing pretty good.

      Tommmi, have you applied this strategy? Have you gotten to, or had to use step 3?
      if it work work everyone should be millionaire by now at.least quarter million,so is there anyone?
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  • Profile picture of the author kurazacki
    does anyone have join the anyoption?
    Signature
    SERVICE PROVIDER WEBSITE - HIGH QUALITY SERVICEs, Ranging From SEO, SOCIAL MEDIA, TRAFFIC and YOUTUBE

    MONEY MAKING ONLINE AFFILIATE- EARN MONEY QUICK
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  • Profile picture of the author tommmi
    qe 3 is active now, market moving again
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    • Profile picture of the author wrays
      It's a pity that Mr.Bernanke launched QE3 at this time while the market is reaching an overbought level. I was waiting for him to launch QE3 when the market is reaching bottom. Well, perhaps Mr.Bernanke has other plans.

      Originally Posted by tommmi View Post

      qe 3 is active now, market moving again
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      • Profile picture of the author tommmi
        Originally Posted by wrays View Post

        It's a pity that Mr.Bernanke launched QE3 at this time while the market is reaching an overbought level. I was waiting for him to launch QE3 when the market is reaching bottom. Well, perhaps Mr.Bernanke has other plans.
        I think it election november.I think.need to reduce unemployment number
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  • Profile picture of the author kurazacki
    anybody know where to get signal?
    Signature
    SERVICE PROVIDER WEBSITE - HIGH QUALITY SERVICEs, Ranging From SEO, SOCIAL MEDIA, TRAFFIC and YOUTUBE

    MONEY MAKING ONLINE AFFILIATE- EARN MONEY QUICK
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    • Profile picture of the author tommmi
      Originally Posted by kurazacki View Post

      anybody know where to get signal?
      I have try many signal most of them are rubbish if you skype me
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  • Profile picture of the author brookman12
    Its a load of rubbish I signed up for this a while ago, if it was that easy to make money everyone in the world would be doing it by now, its no where near as easy as they say, why did u think theres highly trained stock brokers in world!
    Signature
    If you're are a complete newbie and want to learn how to make a six figure income from someone who has spent $1000's on mentoring from the some of the best people around like Alex Jeffreys check out my blog at www.paul-brookman.com
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    • Profile picture of the author tommmi
      Originally Posted by brookman12 View Post

      Its a load of rubbish I signed up for this a while ago, if it was that easy to make money everyone in the world would be doing it by now, its no where near as easy as they say, why did u think theres highly trained stock brokers in world!pp

      exactly,if just think binary coded or recoded method. everyone will be millionaire right no
      lost welcome to real world
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  • Profile picture of the author tommmi
    sorry guys I a bit offside but did anyone buy a iphone5? apple share rocket so can afford a iphone 5 is it good ,look like a bigger version of 4s?
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  • Profile picture of the author davisbrands
    Hey guys, I can get you a $250 CPA or % of revenue for a broker I invested in.

    Alternatively if you want a bonus let me know and I can arrange for a special warriors only deposit bonus. PM me if interested, they have higher payouts than any other broker and very fast withdrawals.
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  • Profile picture of the author welshboy
    [DELETED]
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    • Profile picture of the author tommmi
      exactly but doing alone is not easy,I just withdraw $5000 from this so call scam:binary option if it is scam how come I can withdraw money strange right and please don,t skype me to help you make money with $200 dollars I don,t know how really it not going to happen sorry
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  • Profile picture of the author tommmi
    I was trying different product related to binary option ,many there are lots of product I trying some product.anyone found anything that is interesting. I may share my experience on the product skype me maybe can get free exchange
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  • Profile picture of the author tommmi
    Welcome , Account Balance:

    Account Number:

    Logout Deposit My Account My Portfolio

    14 41 20 GMT time Friday 12.10.12

    Trading Platform

    Most Traded Commodities Currencies Indices Stocks Pairs

    Binary Options Option Builder One Touch 60 Seconds BinaryMETA

    Position ID Asset Strike Price Call/Put Time End Date Expiry Rate Investment Result RETURN

    Open Positions Expired Positions One Touch Positions

    3297671 EUR/USD 1.29815 Call 13:13 12/10/12 13:20 12/10/12 1.29860 $200 won $350

    3295663 AUD/USD 1.02563 Call 11:39 12/10/12 11:45 12/10/12 1.02597 $200 won $350

    3295606 EUR/USD 1.29751 Put 11:37 12/10/12 11:38 12/10/12 1.29738 $100 won $170

    3275699 EUR/USD 1.29314 Put 15:51 11/10/12 15:52 11/10/12 1.29287 $100 won $170

    3272133 EUR/USD 1.29382 Call 14:08 11/10/12 14:09 11/10/12 1.29396 $250 won $425

    3271818 OIL 92.1300 Call 14:00 11/10/12 14:01 11/10/12 92.1850 $100 won $170

    3271742 OIL 92.0950 Call 13:57 11/10/12 13:58 11/10/12 92.0950 $100 tie $100

    3260593 EUR/USD 1.28432 Call 2:21 11/10/12 2:22 11/10/12 1.28434 $100 won $170

    Total Current Profit/Loss: $0.00

    Select the asset you wish to trade.

    Click UP if you think the price will rise above the current level. Click DOWN if you expect the price to fall below the current level.

    Choose the investment amount you wish to trade with - along with an expiry time of your choice and click APPLY.

    Wait for the option to expire.

    HOW TO TRADE

    TRADING PLATFORM Open TradingAccount Account Types Account FAQs Demo Accounts Trading Benefits

    ACCOUNTS Why How totrade Binary Options Trading Platforms Asset Index OptionExpiry Rates iTrading

    TRADING Deposit Methods Withdrawal Methods Security andPrivacy Compliance Banking andSecurity FAQs

    BANKING& SECURITY BinaryOptionBasics Analysis Techniques Glossary BinaryOptionFAQs Software Walkthrough Advanced Articles Downloads

    EDUCATION Daily Market Review Radio Live Market Hours Market Schedule

    MARKET DATA Letterfrom the CEO OurPersonnel Awards Press CustomerTestimonials Contact Us

    ABOUT U

    everyone can claim who can prove?skype tommmi88

    English
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    • Profile picture of the author gjd6599
      Hey Tommmi, what platform are you trading on? I have been doing binary options for about six weeks, but I haven't had as good of results as you. I have been trading the same forex options as you, along with several other options.

      I notice that you did several one minute trades. That is definitely a good feature. I have been using Stockpair.com, because I did some research before I started, and they were rated as the best platform for binary options. The only downside is, the shortest option is 15 minutes, and a lot can happen in that time frame.

      Some of the platforms available, often give investors a hassle when it comes to withdrawing funds. Have you had any problems with that at the site you are using.

      You can find some good reviews here
      Binary Options That Suck - Reliable Binary Options Guide - Binary Options Scams

      Thanks
      Glenn
      {{ DiscussionBoard.errors[7158096].message }}
      • Profile picture of the author tommmi
        Originally Posted by gjd6599 View Post

        Hey Tommmi, what platform are you trading on? I have been doing binary options for about six weeks, but I haven't had as good of results as you. I have been trading the same forex options as you, along with several other options.

        I notice that you did several one minute trades. That is definitely a good feature. I have been using Stockpair.com, because I did some research before I started, and they were rated as the best platform for binary options. The only downside is, the shortest option is 15 minutes, and a lot can happen in that time frame.l

        Some of the platforms available, often give investors a hassle when it comes to withdrawing funds. Have you had any problems with that at the site you are using.

        You can find some good reviews here
        Binary Options That Suck - Reliable Binary Options Guide - Binary Options Scams

        Thanks
        Glenn

        you can trade with anybody .question is ?are you making money that all
        {{ DiscussionBoard.errors[7177755].message }}
  • Profile picture of the author tommmi
    Welcome Kong , Account Balance:

    Account Number:

    Logout Deposit My Account My Portfolio

    17 22 37 GMT time Thursday01.11.12

    Trading Platform

    Most Traded Commodities Currencies Indices Stocks Pairs

    Binary Options Option Builder One Touch 60 Seconds BinaryMETA

    Position ID Asset Strike Price Call/Put Time End Date Expiry Rate Investment Result RETURN

    Open Positions Expired Positions One Touch Positions

    3659187 EUR/USD 1.29737 Call 13:13 01/11/12 13:14 01/11/12 1.29751 $250 won $425

    3658490 EUR/USD 1.29694 Call 12:40 01/11/12 12:41 01/11/12 1.29760 $500 won $850

    3658426 EUR/USD 1.29691 Call 12:37 01/11/12 12:38 01/11/12 1.29692 $250 won $425

    3658348 EUR/USD 1.29674 Call 12:33 01/11/12 12:34 01/11/12 1.29678 $250 won $425

    3658295 EUR/USD 1.29683 Call 12:32 01/11/12 12:33 01/11/12 1.29672 $250 lost $0

    3658207 EUR/USD 1.29588 Call 12:29 01/11/12 12:30 01/11/12 1.29585 $250 lost $0

    3656924 EUR/USD 1.29510 Call 11:16 01/11/12 11:17 01/11/12 1.29516 $100 won $170

    Total Current Profit/Loss: $0.00

    Select the asset you wish to trade.

    Click UP if you think the price will rise above the current level. Click DOWN if you expect the price to fall below the current level.

    Choose the investment amount you wish to trade with - along with an expiry time of your choice and click APPLY.

    Wait for the option to expire.

    HOW TO TRADE

    TRADING PLATFORM Open TradingAccount Account Types Account FAQs Demo Accounts Trading Benefits

    ACCOUNTS Why How totrade Binary Options Trading Platforms Asset Index OptionExpiry Rates iTrading
    TRADING Deposit Methods Withdrawal Methods Security andPrivacy Compliance Banking andSecurity FAQs

    BANKING& SECURITY BinaryOptionBasics Analysis Techniques Glossary BinaryOptionFAQs Software Walkthrough Advanced Articles Downloads

    EDUCATION Daily Market Review Radio Live Market Hours Market Schedule

    MARKET DATA Letterfrom the CEO OurPersonnel Awards Press CustomerTestimonials Contact Us

    ABOUT US

    my heart goes out to victim of. hurricane sandy,waiting for nfp tommorow
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    • Profile picture of the author Gubaru
      It seems what Tommi doesn't disclose is it takes $5000 to open up a Brokers account on Banc De Binary. I'm not discounting his success because he posts it Very Often on other threads but it seems there are a lot of new traders that would like to crawl before they can walk if you know what I mean.. How many people have $5000 for a brokers account in order to get Signals to trade? Do you have any alternatives for newbie traders without opening up a brokers account in order to get trading signals? Let me know Tommmi

      Originally Posted by tommmi View Post

      Welcome Kong , Account Balance:

      Account Number:

      Logout Deposit My Account My Portfolio

      17 22 37 GMT time Thursday01.11.12

      Trading Platform

      Most Traded Commodities Currencies Indices Stocks Pairs

      Binary Options Option Builder One Touch 60 Seconds BinaryMETA

      Position ID Asset Strike Price Call/Put Time End Date Expiry Rate Investment Result RETURN

      Open Positions Expired Positions One Touch Positions

      3659187 EUR/USD 1.29737 Call 13:13 01/11/12 13:14 01/11/12 1.29751 $250 won $425

      3658490 EUR/USD 1.29694 Call 12:40 01/11/12 12:41 01/11/12 1.29760 $500 won $850

      3658426 EUR/USD 1.29691 Call 12:37 01/11/12 12:38 01/11/12 1.29692 $250 won $425

      3658348 EUR/USD 1.29674 Call 12:33 01/11/12 12:34 01/11/12 1.29678 $250 won $425

      3658295 EUR/USD 1.29683 Call 12:32 01/11/12 12:33 01/11/12 1.29672 $250 lost $0

      3658207 EUR/USD 1.29588 Call 12:29 01/11/12 12:30 01/11/12 1.29585 $250 lost $0

      3656924 EUR/USD 1.29510 Call 11:16 01/11/12 11:17 01/11/12 1.29516 $100 won $170

      Total Current Profit/Loss: $0.00

      Select the asset you wish to trade.

      Click UP if you think the price will rise above the current level. Click DOWN if you expect the price to fall below the current level.

      Choose the investment amount you wish to trade with - along with an expiry time of your choice and click APPLY.

      Wait for the option to expire.

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      my heart goes out to victim of. hurricane sandy,waiting for nfp tommorow
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      • Binary code is total nonsense.

        He mentions mathematical odds that aren't true in his instructions. I'm a mathematician & I've been studying options for over 12 years.

        This is just a famous roulette system that's been adapted for binary options. Essentially it is just like betting on black on the roulette wheel. And just like roulette, the odds are in the casino's (the markets) favor.

        The system doesn't work. Save your money.
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        • Profile picture of the author tommmi
          Look guys you can open an account to trade with any broker but question is can you actually make money there all open a broker acount is my choice I make use of the service to help me live trading I have my own system to trade not totally depend on signal as you can see actually broker don, t give 60 sec trade.i am not hiding anything I am just suggesting what I do if you don't like it please find another way do you want to spend money on signal service that don, t work please go ahead anyway what ever I deposit is still my money I already withdraw it long time ago that what important right
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        • Profile picture of the author tommmi
          What trade is no a gamble ask any trader it about risk management , you are right it not easy as it look in binary code
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  • Profile picture of the author tommmi
    Hi found a signal service for those who need help skype me if you want more info as least they are honest about result work on most platform skype tommmi88
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  • Profile picture of the author CCPP
    Hi Tommmi, I sent you a skype request to add you to my contact list. As a newbie I believe there is something to binary options providing you can obtain at least 70% winners and have a money management system. What are your thought?
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  • Profile picture of the author tommmi
    Name: kong 2013 January 10, 23:59Closed Transactions:
    TicketOpen TimeTypeSizeItemPriceS / LT / PClose TimePriceCommissionR/O SwapTrade P/LNo transactions0.000.000.00
    Deposit/Withdrawal: 0.00Credit Facility: 0.00Closed Trade P/L: 0.00Open Trades:
    TicketOpen TimeTypeSizeItemPriceS / LT / PPriceCommissionR/O SwapTrade P/L21026413762013.01.02 11:18buy0.05usdjpy87.16486.50093.00088.7630.000.00 90.0721026799702013.01.08 05:15buy0.05audjpy91.94591.00095.00094.0640.001.41 119.360.001.41209.43Floating P/L:210.84

    if you can trade on binary option forex trading will be a piece of cake above are result of a normal forex account from fxdd .i can easily hit $1000 daily i have a few account i make use of experience from binary
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  • Profile picture of the author tommmi
    I just saw a seminar on binary pro bot anyone use it cause $495
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    • Profile picture of the author Newbieee
      Originally Posted by Stretch44 View Post

      How are they getting paid? When we lose? Really? I'm not trying to stir the pot, it just doesn't make sense to me. But again, this binary crap is all new to me.
      Brokers earn from the difference.
      They take 100% from the losers and pay out only 70-85% to winners.
      So they keep the difference.


      Originally Posted by tommmi View Post

      have you ever trade or make money in binary option, I have withdraw $8000 already
      Hahah You could deposit $10,000 and withdraw $8000, it doesnt mean u earn money.
      Anyway dont get angry, im just joking here.

      I trade BO myself.
      So i know its doable.

      In fact im coming up with a course myself and will be available here.
      So u guys can review it.

      Originally Posted by wrays View Post

      Check out this video...
      How to do Binary Options Brokers make money? - YouTube

      After watching that video, you will understand how binary option brokers make money. And you will also be surprised to hear that anyone can setup a binary option brokerage with only $12,000.

      I don't trade binary options, I trade stocks and options with Interactive Brokers (IB). IB earns money from commissions, very different from those binary brokers.
      I agree with the video in theory.

      But many things in life, theory may sound logical but in reality it doesnt work.

      I have seen business model that doesnt make sense to me in terms of economical sense, yet it is doing so well.
      And some business ideas i have and some other people's business i see and i said to myself wow, this is a good business idea and model, it will do well. end up going bust.

      So in terms of this video, yes. If the start up is small, the broker can be gone over night. This can be easily avoided by going to big brands that have established over the years with big backing, big bank accounts and its regulated.

      As for the statistical examples and explanations, it works somehow.
      Its the same as sports bookie [bookmakers].

      If there are too many people betting on the winner outcome over a few matches, the bookie may go bankrupt.

      And there are many of those small start up bookies that went bust overnight.

      But those big ones are still here to stay and they use the same business model.
      Making tru the differences of the bets from losers and winners.

      Look at williamhill for example, and all the rest u see on EPL.
      Bet365, etc. All big names.

      The key is to go for regulated and big names in the industry. Dont pin ur trust on new small start ups.


      As for the recommendation with the BO broker the video made.
      He said they earn by commission.

      Pls tell me how BO brokers earn by commission?

      And how much do they want to charge for commission.
      1%?
      5%?

      Then what will be the payout for the winners be?

      In the end it will still be the same.

      If there are 100 winners who bet $100 and the payout is 75%.
      The broker has to pay $7,500 in total.

      Then he takes 100% from the 100 losers.
      Which is $10,000 in total.

      Then charge 5% commission on each trade to both losers and winners?
      200 X $100 = $20,000
      5% = $1000

      So in total they profit $3,500.
      But i can easily as the broker offer a lower payout returns and increase the difference i earn.

      Of cos then u can say if there are more winners then they will be in trouble.
      But like all sports bookmakers, there are hundred and thousands of games, matches and options to bet/trade.
      If they can survive this long, the big names, means it is doable and sustainable.

      They will only loose money IF they have a small pool of traders/punters or if most or all their matches happen to have more winners, which is never gonna happen.
      If it does, they might as well try their luck at the jackpots.

      For BO trading, there are many different strategies, u may use strategy A and i use B.
      While using A, it shows u a signal to buy, while using B it shows me a signal to sell.
      So in this occasion i may win and u may lose.

      But in another occasion u may win and i may lose.

      So end of the day, u may be in profits, i also may be in profits, Just that those times i lose, someone else won, and the broker makes the difference. N everyone is using different strategies, even same strategies are applied differently and its subjective to the individual who is analysing the market.

      So in the long run, and in the big picture, the big scale where all the matches/options in a day that are offers, there will be a good mix of losers and winners. close to 50-50. In which, it is enough for them to earn as shown in the example above where 100 win and 100 losers.

      So in conclusion, small unheard of by in the industry BO brokers do go bust and do disappear overnight. They are a danger to put ur money with.

      But thtat doesnt mean u dont use any broker that works with that business model or even to the extend of not trading BO at all.

      In every industry there are the black sheeps that spoil the market, doesnt mean u should shant it.
      And in every industry there are companies that go bust, doesnt mean u stop patronizing similar companies.
      Signature
      Pain is a perception, so is defeat & happiness!
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  • Profile picture of the author tommmi
    Well they working on it but actually only broker listed on the cftc can trade with us client so any broker by right are not suppose to take us client .By the way i have know a guy who make 60% to 200% per month with live prove daily if you guys are seriously interested i can link you up but won't be small account .please add me to skpye tommmi88
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  • Profile picture of the author ideabreaker
    I took my $400.70 account to $8000 in just 5 trades
    Everyday there is 1 big trade !
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  • Profile picture of the author tommmi
    [DELETED]
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    • Profile picture of the author Newbieee
      Originally Posted by ideabreaker View Post

      I took my $400.70 account to $8000 in just 5 trades
      Everyday there is 1 big trade !
      Originally Posted by tommmi View Post

      Please tell us how it is done
      That is really gambling.
      I mean good for u tat u were lucky.

      But quite frankly, i dont want to know how it was done.
      Becos sooner or later, u will lose ALL with that method.



      N by sharing the method here, u might lead some naive ppl down this road and harm them.

      So pls, really, dont share this here.
      Signature
      Pain is a perception, so is defeat & happiness!
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