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Topic: Is Binary Options The Same as Trade? - page 3. (Read 4648 times)

legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 16, 2017, 10:47:05 PM
#58
They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Forex trading and Binary option have some similarities but they also have differences.  Among the similarities are being able to trade online and both users can start trading with a small amount. They are also profit from the movement of the market where users are guessing for the direction of market. 
The difference is that binary option have fix risk and fixed rewards and traders are shown upront their earnings if their prediction is right unlike the forex trading where you never know your profit until your stocks were all sold.
I think the greatest similarity between these two types of investment is that the decisions that must be made should be based on events that occur in real life, such as changes in the economy and society. Such events drive the price of assets, making them to take certain directions, and forecasting such directions may allow the investor to make better decisions.
The problem in binary options is that, although it is a system that simplifies the way of doing decisions, it is also a system that limits the number of possibilities that the investor has, demanding that decisions be made in a more agile way, since there is a short period of time to decide whether the price will go up or down.
For me its too risky to invest in binary option because only need the analysis and you can lose in minutes because of the fast movement of the price set of margins or depends what you are betting.. its a kind of gambling.. than trading that you can not lose fast and if the price is getting low you can sell them and cover your loses.. unlike in binary you will lose and you can get guarantee for your loses.
Speaking the level of riskiness i could really say that binary options does really have higher risk on losing money but if you are confident that you have proper knowledge specially on forex trading you will surely catch it up because i do know some good pro forex traders who are earning also on binary options.
legendary
Activity: 2898
Merit: 1823
March 16, 2017, 10:01:15 PM
#57
Is Binary Options the same as trade for you?

What are the differences?

A binary option is like a bet on a bet. It is a kind of derivative that make you gamble on the movements of the market. Real trading gives you more options to truly own an asset or a security and in our case Bitcoin and altcoins. In binary options you do not own anything. Think of it as something like a video game for trading with real money used.
hero member
Activity: 2996
Merit: 609
March 16, 2017, 09:12:22 PM
#56
I have recently started learning a lot about binary options trading, and I pretty much like it, I have to say. As for me, it trading+gambling, some kind of it. But anyway, it is a pretty interesting thing to try
So do you have got active profit from trading binary options? I don't think binary is gambling or game but it is trading
because it can be analyzed although binary trading is more high risk to losing money than trading altcoins
and binary trading be difficult for getting active profit from it.
Yes binary option is another kind of trading but it is more on gambling because like the most of the gambling sites online it is just like high and low so if you like that kind of game then binary option is good for you but it is not advisable for people who are inpatient because binary option also needs time to understand and take profit from it.
Day traders might focus on such options. Most others follow the common buy low and sell high concept which is the simple way on trading. Now the price has fallen greater than $50, some sell on panic but traders make buy hoping for a increase soon or in a short time.
You dont know on what is binary options since its not a basic or common buy low sell and high.If you read about binary options you would surely understand what i mean.Binary Options would really be risky if you dont know how to read market movements because if you put money on it by just random guessing then its purely a gamble at all unlike on having a knowledge on BO you can increase your chance on winning.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
March 16, 2017, 08:59:42 PM
#55
I have recently started learning a lot about binary options trading, and I pretty much like it, I have to say. As for me, it trading+gambling, some kind of it. But anyway, it is a pretty interesting thing to try
So do you have got active profit from trading binary options? I don't think binary is gambling or game but it is trading
because it can be analyzed although binary trading is more high risk to losing money than trading altcoins
and binary trading be difficult for getting active profit from it.
Yes binary option is another kind of trading but it is more on gambling because like the most of the gambling sites online it is just like high and low so if you like that kind of game then binary option is good for you but it is not advisable for people who are inpatient because binary option also needs time to understand and take profit from it.
Day traders might focus on such options. Most others follow the common buy low and sell high concept which is the simple way on trading. Now the price has fallen greater than $50, some sell on panic but traders make buy hoping for a increase soon or in a short time.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 16, 2017, 03:03:10 PM
#54
I have recently started learning a lot about binary options trading, and I pretty much like it, I have to say. As for me, it trading+gambling, some kind of it. But anyway, it is a pretty interesting thing to try
So do you have got active profit from trading binary options? I don't think binary is gambling or game but it is trading
because it can be analyzed although binary trading is more high risk to losing money than trading altcoins
and binary trading be difficult for getting active profit from it.
Yes binary option is another kind of trading but it is more on gambling because like the most of the gambling sites online it is just like high and low so if you like that kind of game then binary option is good for you but it is not advisable for people who are inpatient because binary option also needs time to understand and take profit from it.
hero member
Activity: 966
Merit: 552
March 16, 2017, 10:58:30 AM
#53
I have recently started learning a lot about binary options trading, and I pretty much like it, I have to say. As for me, it trading+gambling, some kind of it. But anyway, it is a pretty interesting thing to try
So do you have got active profit from trading binary options? I don't think binary is gambling or game but it is trading
because it can be analyzed although binary trading is more high risk to losing money than trading altcoins
and binary trading be difficult for getting active profit from it.
member
Activity: 125
Merit: 10
March 16, 2017, 10:41:59 AM
#52
I have recently started learning a lot about binary options trading from https://www.azartlist.com/binary, and I pretty much like it, I have to say. As for me, it trading+gambling, some kind of it. But anyway, it is a pretty interesting thing to try
legendary
Activity: 1148
Merit: 1006
Black Panther
January 29, 2017, 10:02:19 AM
#51
Binary is another way to gamble and I was addicted for the first time I played
But still it's difficult to make profit from it

As some people have already said, for me binary options is a gamble. Just a bet where you can (maybe) have some kind of control, which depends a bit on your analysis, as in sports. But it is still a bet.

I think sport are easier to be analyze compare binary because it was totally unpredictable
hero member
Activity: 1806
Merit: 916
January 29, 2017, 09:34:22 AM
#50
As some people have already said, for me binary options is a gamble. Just a bet where you can (maybe) have some kind of control, which depends a bit on your analysis, as in sports. But it is still a bet.
hero member
Activity: 1092
Merit: 501
January 29, 2017, 08:38:23 AM
#49
Is Binary Options the same as trade for you?

What are the differences?

There is a big big difference in between this two. Isn't obvious that binary Options was a gambling type where every community who get involve in here are losing money, or having fun on it. While in Trading is a location where every community are choosing their own coins that they are going to buy to set it as there investment for them to save bitcoin in the near future.
copper member
Activity: 1050
Merit: 500
January 27, 2017, 10:53:52 AM
#48
In binary option we bet our money for earning more money so the same case occurs in here also so we can agree on the point that yes it is also a type of gambling. I do not know that how much is fun in this type of gambling because I do not have much experience in binary option. I will say that it is a type of gambling mostly played for profit.

But I think binary option is not considered as gambling. For the reason that the factor is the sa me as trading.  It is that in binary trading you just lose the option to cut losses since you are predicting the price with your full funds and it is either you are right or wrong.  And unlike in normal trading, in binary option you  will know the exact amount you will gain if your prediction is successful.
legendary
Activity: 3234
Merit: 1055
January 27, 2017, 10:35:08 AM
#47
As discussed earlier, binary options differs from trading because there are two options in which the individual needs to decide whether an asset's price will go up or down. The problem, in my opinion, is the time to make such decisions, because it is very difficult to make accurate analysis and decisions in just a few minutes.

you would need indicators to forsee what could happen in the next 1 minute, 5 minute, 15 minute, 30, 1hr, 4hr, or a day and so on. if you have set all these indicators on your platform, lets say you are betting on cable market. you are seeing moving averages crossing which indicates a change of tides, you can bet for which time time you are comfortable with whether to go long or short.

indicators always help. macd, rsi and your trading system.
sr. member
Activity: 454
Merit: 250
January 27, 2017, 10:11:54 AM
#46
As discussed earlier, binary options differs from trading because there are two options in which the individual needs to decide whether an asset's price will go up or down. The problem, in my opinion, is the time to make such decisions, because it is very difficult to make accurate analysis and decisions in just a few minutes.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
January 21, 2017, 08:29:18 PM
#45
Is Binary Options the same as trade for you?

What are the differences?

The differences between the two:
                                                      Binary Options                                     Trading

                            1. It is a gambling site.                             1. Its an exchange platform where you can choose coins.
                            2. You play betting in the games.                2. You do trade your coins whether buy order/sell order
                            3. Once you bet you cannot change it.          3. Once you put the price you like, you can revoke it
                           
so far this is the things pop up in my mind, and what good about in trading is you can analyze, prediction always apply on the exchange.               


Well the first one that you mention is also what i understand about binary option you are just playing gambling betting with the possibility whether the price will go up or down similar when you are playing dice or high and low unlike with trading you have a lots of time and lots of chances to change your mind and edit your investment.
hero member
Activity: 924
Merit: 500
January 21, 2017, 08:21:52 PM
#44
Is Binary Options the same as trade for you?

What are the differences?

The differences between the two:
                                                      Binary Options                                     Trading

                            1. It is a gambling site.                             1. Its an exchange platform where you can choose coins.
                            2. You play betting in the games.                2. You do trade your coins whether buy order/sell order
                            3. Once you bet you cannot change it.          3. Once you put the price you like, you can revoke it
                           
so far this is the things pop up in my mind, and what good about in trading is you can analyze, prediction always apply on the exchange.               

hero member
Activity: 924
Merit: 1001
January 21, 2017, 06:52:47 PM
#43
They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Forex trading and Binary option have some similarities but they also have differences.  Among the similarities are being able to trade online and both users can start trading with a small amount. They are also profit from the movement of the market where users are guessing for the direction of market. 
The difference is that binary option have fix risk and fixed rewards and traders are shown upront their earnings if their prediction is right unlike the forex trading where you never know your profit until your stocks were all sold.
I think the greatest similarity between these two types of investment is that the decisions that must be made should be based on events that occur in real life, such as changes in the economy and society. Such events drive the price of assets, making them to take certain directions, and forecasting such directions may allow the investor to make better decisions.
The problem in binary options is that, although it is a system that simplifies the way of doing decisions, it is also a system that limits the number of possibilities that the investor has, demanding that decisions be made in a more agile way, since there is a short period of time to decide whether the price will go up or down.
For me its too risky to invest in binary option because only need the analysis and you can lose in minutes because of the fast movement of the price set of margins or depends what you are betting.. its a kind of gambling.. than trading that you can not lose fast and if the price is getting low you can sell them and cover your loses.. unlike in binary you will lose and you can get guarantee for your loses.
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
January 21, 2017, 06:42:43 PM
#42
They are different since binary options is not connected to Forex market and they are just depending on the movement of the market and they dont put any effect.I could say binary options is risky if you dont have too much knowledge on forex market since you would trade randomly and that would be like a blind gambling too.

Forex trading and Binary option have some similarities but they also have differences.  Among the similarities are being able to trade online and both users can start trading with a small amount. They are also profit from the movement of the market where users are guessing for the direction of market. 
The difference is that binary option have fix risk and fixed rewards and traders are shown upront their earnings if their prediction is right unlike the forex trading where you never know your profit until your stocks were all sold.
I think the greatest similarity between these two types of investment is that the decisions that must be made should be based on events that occur in real life, such as changes in the economy and society. Such events drive the price of assets, making them to take certain directions, and forecasting such directions may allow the investor to make better decisions.
The problem in binary options is that, although it is a system that simplifies the way of doing decisions, it is also a system that limits the number of possibilities that the investor has, demanding that decisions be made in a more agile way, since there is a short period of time to decide whether the price will go up or down.
legendary
Activity: 910
Merit: 1000
January 16, 2017, 11:59:40 PM
#41
If you consider forex, binary options and trades like that a gamble then all the wall street people are just gamblers with some huge balls Smiley.
Yes they are both the same only with different tactics and methods required to succeed and they are both time sensitive while gambling is not.
In gambling you have all the time in the world and in need of pure luck without any method to study or charts to check for tips, unless using martingale which casinos deploy fail safe against if used.
You are right and i agree with it, trading can be analyzed with method analysis fundamental and analysis technical for making prediction price, they are method on trading and all of traders use it, so the traders can make money (get profit consistently) and living from trading.
Because of losing money in trading and can not making prediction use analysis fundamental and technical doesn't mean trading is same with gambling it is something different.
hero member
Activity: 770
Merit: 500
Bazinga!
January 16, 2017, 11:45:19 PM
#40
Is Binary Options the same as trade for you?

What are the differences?

For me binary trade same as playing head and tail or high-low dice, i will not recomend you to trade binary

binary options is still gambling and risky but it is not at all like dice or coin flip. because in those twoyou can't possibly know anything about the result unless you are cheating.
but in binary option, since it is working with the price it can be predicted to some extent but still i don't recommend it.
copper member
Activity: 1330
Merit: 899
🖤😏
January 16, 2017, 10:19:00 PM
#39
If you consider forex, binary options and trades like that a gamble then all the wall street people are just gamblers with some huge balls Smiley.
Yes they are both the same only with different tactics and methods required to succeed and they are both time sensitive while gambling is not.
In gambling you have all the time in the world and in need of pure luck without any method to study or charts to check for tips, unless using martingale which casinos deploy fail safe against if used.
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