[CLOSED] Custom MetaTrader 4: 400$ a day on Binary Options

[Warrior2012]

(07-16-2014 06:09 PM)rolka Wrote:  I know what you doing. Asking people to sign up for the binary account and you are affiliated with them and get commission. So simply to say you are advertising your affiliate product here. I think you nor allowed to to that here, maybe I wrong.

After I joined his FB group he sent me a message.

"I see you are experienced Options Trader. I will be releasing a new super trading software next week. If you buy now I can give you $50 discount and you can be Early Bird tester. Let me know"

This was within hours after I opened an Account via his Affiliate link for $500.00

I didn't even see his current software but he tells me he has been working on superior trading program that is 98% accurate. His old system was only 75% accurate. Told me he was 45/46 winning trades.

I made a comment to some ditzy blonde (she even posted she was ditzy blonde and blonde jokes), and Sri sent me PM on FB saying "are u telling me to sell my Software program on EBAY for $200.00?"

Apparently he misunderstood thru the language communication gap and he immediately DELETED me from his group. WTF!

P.S. Now I have Options account with HIS broker with $500.00 in it. I'm not even sure if I can get my money back

P.P.S. Don't forget I also have his OLD software program, never got a chance to buy new software and he Delete me without any private conversation or warning!

[jcb28]

(07-13-2014 06:54 PM)Warrior2012 Wrote:  It's ironic to see Binary Options discussed on a BH site.

I'm a very experienced trader and have made Millions trading Stocks, Currencies, and Options (on Stocks).

I never took a serious look at Binary because the Reputation has been Horrendous, and that's being kind.

I would estimate over 95% of the broker dealers are scams. Even if you trade successfully they'll delay returning your money.

The OP gave good advice in his PDF, especially in regards to being in Control of your Emotions. Everyone makes money Paper trading, there is NO money involved. 100% of all paper traders make money.

Once your emotions get involved it's a whole new world.

With that said I may take another look at this market just for shits and giggles.

There are 2 types of binary option brokers. Regulated and Not Regulated.

In Europe, traders can find EU regulated brokers.

See here: http://binaryoptions.gs/regulated-binary...n-brokers/

The brokers are licensed by CySEC and registered in various countries like UK, Italy, France etc.

For America Traders, no European Regulated Broker will accept American
traders. The only ones that accept Americans are the unregulated /
off-shore binary option sites.

As far as I know, the ONLY regulated broker in the US is listed below:

http://www.nadex.com/

There may be others, but that's all I found for now.

This system is worthless if you can't find a honest broker.

Has anyone here tested this system with any US broker?

If so, if you could post up some screenshots of your trades and overall experience it would be appreciated.

I may open an account Monday and test this system.

Thanks

I'm a long time trader as well. I haven't checked the system out yet but will this weekend. If you're in the US, offshore binaries are nothing but a casino. negative risk/reward right out of the box. Go with Nadex. I've traded Nadex for a couple of years with zero complaints. Plus you can get positive r/r. Nadex binaries work a little different than the up/down offshore variety. Plus with the nadex, you can close them at anytime and book the profit (or loss) whereas with most offshore binaries you're either locked in until expiration or only get 80% of the option purchase price whether the option is in the money or not.

For those that don't know what risk/reward is think of it like betting odds. Putting up $1 to win $2 would be 1:2 positive. Putting up $2 to win $1 would be negative. Offshore binaries require you to risk more than you'll win which means you have to win more than 50% of the time to breakeven or make a profit. Positive means you can win less than 50% of the time to breakeven or even profit. For example, 1:2 positive means you only need to win 33.33% of the time to breakeven.

That is the holy grail of market trading. Not systems or software. Making sure your winners are bigger than losers and then improving your accuracy.

Forgot to add that the CME and CBOT also offer binary and spread type options last time I looked.