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Binary options are a scam | The Star
by Lorraine Cleveland (2022-06-02)
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Thit is great strategy. I prefere to trade in a more conservative way - without stresses :-))) I`ve got 2 reasons for that: 1) almost each broker has this expiration; 2) 30 minutes is not as noisy as lower timeframes. As to martingale - its up to you. That is, the best expiration in this case - till the end of current hour, using the 30 minutes timeframe. As for me, I`d reccomend to do the following: as soon as candle touches upper or lower band and RSI hits its zones (70 or 30) - PUT (BUY) by the end of the 2-nd candle.It is easy to see how all the human weaknesses – greed, jealousy, overconfidence in your own trading ability and knowledge plus the underestimation of risk – come into play when you see the unwanted ads for binary options pop up on your screen.
In the case of digital options, your potential return will fluctuate over the entire course of the deal : the further the price moves relative to the opening price, the higher the percentage of your profit or loss will be.
The second component seeks to expand the prohibition of trading of binary options even in relation to customers located outside of Israel. The explanatory remarks of the draft bill clarify that paragraph (2) shall apply to all of the material operations that facilitate the provision of the services by the trading ring, including in relation to the party that is selling software for managing the trading system for the trading ring and that continues to operate the software and to provide support to the trading ring; on the other hand, paragraph (2) shall not apply to merely selling shelf software products. In this regard, the draft bill prescribes that managing a trading ring that solely serves customers located outside of Israel and through which trading in binary option strategies options what is a binary option offered is prohibited, and that the offering to trade in binary options through such trading ring is prohibited as well. For the purpose of this component, management of a trading ring includes (but is not limited to): (1) strategic decision-making of the company that is managing the trading ring; and (2) operating the trading arena, including the operation of the computerized system used for managing the arena, pricing and clearing the financial instruments as well as processing the customers’ payments, and binary option strategies the operation of telephone or online marketing or service centers, whether directly or by a service-provider.
Once the option expires, the deal gets closed automatically, and you either earn a profit denominated in percentage or lose your investment. Buying or selling an option doesn’t mean you actually acquire the underlying asset. Instead, you speculate on whether the asset‘s price will go up or down over a certain period.
Binary option brokers will tell you "the trend is your friend", but to call movements of a few second or minutes ‘trends’ is a grave misuse of the term. If you do spot a trend, it is only because the human mind is trained to see patterns and trends, even if they aren’t really there.
We can see that there is a wide range of answers, totaling 38 in all, expressing their view after testing the service. For a new user to Reddit, binary options signals providers such as the one described above present an opportunity to buy or sell and investment option using the opinions as a yardstick on which to make a choice.
Your return on each trade is fixed and binary option signals predetermined when you open a trade. That is, all you need to do is assume whether the price of the asset will go up or down, and if your forecast was correct, your deal is considered profitable. The potential return for binary options at IQ Option can go as high as 95% . The outcome of the binary options trades depends on the direction of the price . For digital options , it’s not only the direction of the price that matters but also the price distance from the opening price .
The further away the price moves from your strike price, the higher your loss percentage. With digital options trading, however, your losses can exceed your initial investment — just like your profit could. With binary options trading, you can’t lose more than your investment amount.