Need some advice please
its not me -for a friend who asked my opinion
he is asking me about this company'' in2markets ''
https://www.in2markets.com/
I said be very very careful it sounds too good to be true,[the old adage]
so don't get burnt. I am a conservative investor and these sorts of deals ring alarm bells in my ears so I'm asking what is your opinion of this company and this type of trading
cheers​
Using Binary Trading is like putting your cash on a horse at 50:1, if it wins you get a massive pay out but in all likelihood unless you know exactly what you are doing, its going to be a donkey
There's a number of threads on Whirlpool explaining binary options, if you want a quick source of existing local discussion.
0100111101111010010000100110000101110010011001110110000101101001011011100010000001100110011011110010000001101100011110010110011001100101
What does 2863481431226822836 have to do with it?
01000010011010010110111001100001011100100111100100100000011101000110111100100000010010000110010101111000001000000111010001101111001000000100000101010011010000110100100101001001001000000110110101100001011101000110010100101110
OzBargain fo lyfe!!
Binary options are very hard to make money. You are effectively betting on a coin toss but they are adding a margin of a few % which shifts the long term average towards them.
The only way to win is to view historical trends ie. The dow jones increases 80% of the time from 4.15pm - 5.00pm on a Friday.
You then take the risk that it will continue to increase 80% of the time and you will come out ahead.
thanks for the replies, i shall pass them on
Binary option is no different from gambling. You may be better off playing blackjack at Crown where you can have some control over the outcome than "investing" in binary options.
Get dressed up, play some tables, have some drinks a nice meal, meet up with friends.
Sounds like a great night out.
Binary Options, stay home and lose on something you don't really understand.
I also heard that some of the websites are actually fraudulent. They use counters that don't display the correct pip at that moment in time. The prices and payouts are just based on an internal algorithm, similar to a pokie machine.
I've used some thing like this before worked on a 75% payout
but there are a few rules you need to go by.
the way the software shows you the bar graph or candle sticks as they refer to it.
Frankly I'd like to hear from someone who has actual experience with In2Markets …. positive or negative would be informative at least. :)
patcanuck I know you LOL MBC..BT [unable to pm you]
Was a scam ——- website unavailable/down …fools gold
I personally use HighLow. With the right strategy, you can make this work. If you're interested in knowing more, hit me up.
If you're interested in knowing more, hit me up.
Yeah right.
Where do I sign!
We recently saw a warning issued regarding binary options issued by a bank on our lender panel (blog post here). It's worth a read if you are considering such an offer.
Binary Trading is highly risky and is very hard to make money. Usually promoted as a 'get rich quick scheme' but is too good to be true like you said.
Maybe try a trial account first and not involve real money until you have seen the level of risk involved.