Is Binary Options The Same as Trade? - page 5.

thebatletbet

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Quote from: mrcash02 on December 20, 2016, 07:13:25 PM

Is Binary Options the same as trade for you?

What are the differences?

binary option in regulation use gambling service not finance service
in binary option in trading is same dice site, low and hingh, under and over
is playing same in gambling site, not trading site

Wintersoldier

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Quote from: Idrisu on December 21, 2016, 03:26:33 PM

Quote from: JeffBrad12 on December 20, 2016, 07:26:26 PM

Here you go, and for my personally it's different.
http://www.financemagnates.com/binary-options/bloggers/binary-options-vs-forex-trading-understanding-the-difference/

I have tried to trade binary option in 2013 with opteck and option24 and I lost all my investment. Binary option reveals to me how greedy I was and since then I learned one thing: Binary option trading is a gambling! Because no one can predict were market will be at a particular time, because of news flowing in. Margin trade is different, you can analysis the market, trading along with trends and following market action pattern.

Yes, it is like a gambling. Most of people loses their money in binary options as the pattern is unpredictable. It is costly because its minimum investment is no lower than $5. It doesn't matter how professional trader you are in predicting the graph. It is about the luck.

Idrisu

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Quote from: JeffBrad12 on December 20, 2016, 07:26:26 PM

Here you go, and for my personally it's different.
http://www.financemagnates.com/binary-options/bloggers/binary-options-vs-forex-trading-understanding-the-difference/

I have tried to trade binary option in 2013 with opteck and option24 and I lost all my investment. Binary option reveals to me how greedy I was and since then I learned one thing: Binary option trading is a gambling! Because no one can predict were market will be at a particular time, because of news flowing in. Margin trade is different, you can analysis the market, trading along with trends and following market action pattern.

shield132

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Binary options is absolutely different from trading. At first binary options is like gambling, it's not different from live betting or virtual sports betting, that's why you can see them on gambling websites and for that reason, it's prohibited in some countries.
Trading is to buy one currency with different rate and when you notice that there is a good time for selling, than you are selling it.
First one is absolutely depend on lucky and on second one, experience plays also main role with lucky.

icecube45

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Binary Option in my opinion is a trade that has a gambling system. Binary option "bet" on whether the asset price will be above or below a certain amount at a certain time. Trade is also trying to predict price direction, but profits and loss depending on factors such as the entry price, exit price, the size of the trade, and money management techniques. So although equally included in trade but the system Binary Option more to gambling.

Qartersa

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Quote from: electronicash on December 21, 2016, 06:43:29 AM

Binary trading is the same thing as trading it self. thr only eifference is that binary trading involves how long the trend stay bull or bear in a given time of your position on its price.

The problem with binary is that it so fast compared to real trading. In binary you can't choose to sell your asset when it rises because you already placed your sell order and you cannot take it back. Unlike in trading, you can sell whenever you want and sell the assets at the time it is high and wait to rise when it is lower than your buy price.

electronicash

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Binary trading is the same thing as trading it self. thr only eifference is that binary trading involves how long the trend stay bull or bear in a given time of your position on its price.

talkbitcoin

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Quote from: lionheart78 on December 21, 2016, 06:24:39 AM

Quote from: Bestwishes745 on December 21, 2016, 05:04:06 AM

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.

If you look a closer look at it, binary option is not a gambling type such as roulette, or dice it is even different from poker or sports betting. There are regularities that can be exploited, as one site stated. Charts pattern, are used the same way trading used it and it is used around the globe. Binary Option is unlike Casino gambling that solely depend on its system settings.

yes but it is the different from other gambling games only in the sense that you need experience in it to be able to win, and the site doesn't decide you win or lose.

but it is the same as other gambling games at the same time because when you lose you lose all your money. in other words it is either lose all or win all and there is nothing in between.

but it certainly is not trading, and i don't know why someone with trading knowledge and ability to analyze the charts would choose gambling instead of trading itself.

lionheart78

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Quote from: Bestwishes745 on December 21, 2016, 05:04:06 AM

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.

If you look a closer look at it, binary option is not a gambling type such as roulette, or dice it is even different from poker or sports betting. There are regularities that can be exploited, as one site stated. Charts pattern, are used the same way trading used it and it is used around the globe. Binary Option is unlike Casino gambling that solely depend on its system settings.

Bestwishes745

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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.

coinplus

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Quote from: mrcash02 on December 20, 2016, 07:13:25 PM

Is Binary Options the same as trade for you?

What are the differences?

Binary option is the subset of trading yet sometimes it reminds me tossing up a coin in gambling. In other words you can bet on price fluctuations in binary options whereas you are travelling with the price movements in trading. These are linked concepts like binary option is a derived version of trading but not big significant differences.

400actforsale

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BTC will drop

I do think binary option is a sort of gambling (just like betting the price of BTC will rise or fall in the next minute) unless you're using funds lend from others to buy/sell (more like margin trading). For example a binary option provider can't give you a profit of like 80% on your 1000 USD 'option' if the BTC price have only raised by 0.00001 USD averaged on all exchanges (even if they own all 21M bitcoins the increased value is only $210). That's just like a betting pool with a 10% house edge.

P.S. I have tried some demo 'binary options' and bet on Bitcoin falling, and lost almost all!

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Quote from: mrcash02 on December 20, 2016, 07:13:25 PM

Is Binary Options the same as trade for you?

What are the differences?

in my opinioin, binary options and trading is the same but the different is binary option using leverage and in trading we don't use leverage, but maybe binary option is almost the same as margin trading as binary options and margin trading uses leverage for trading. for new people in trading, i suggest don't go with binary options because its more risky than ordinary trading, so better you learn first about trading and then if you have enough knowledge in trading then you can start to trying with binary option.

densuj

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Quote from: mrcash02 on December 20, 2016, 07:13:25 PM

Is Binary Options the same as trade for you?

What are the differences?

In my opinion binary options is same as trading, the different between trading binary options and trading altcoins.
On binary we can choose how much the profit and the lost on early before make position and it is can not be changed.
And on trading altcoins we can change our position if the markets or we have made wrong position,
It is more low risk than trading binary options in my opinion.

pooya87

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Quote from: mrcash02 on December 20, 2016, 07:13:25 PM

Is Binary Options the same as trade for you?

What are the differences?

the basics are the same you speculate about the price and then act on it but the difference is a big one. when you are trading you have full control over your money, which means you speculate and place your orders. and then for example if price goes in a different direction than your speculation you don't lose all your money, even if price goes down you can sell and prevent further loss.
binary is a gambling method and no matter what you do, mistakes lead to full loss of all your money.

Qartersa

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Binary trading is gambling and trading is investing. They are quite different. In binary trading you have to place your bets and wait for the price to either go high or lower than your bet. Hence in binary trading, you are already fixed and stuck at what you chose. Unlike in trading you have the power to decide whether to push through with your intended sell time or buy time. You have the option when to really sell or buy.

JeffBrad12

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Here you go, and for my personally it's different.
http://www.financemagnates.com/binary-options/bloggers/binary-options-vs-forex-trading-understanding-the-difference/

mrcash02

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Is Binary Options the same as trade for you?

What are the differences?

Topic: Is Binary Options The Same as Trade? - page 5. (Read 4607 times)