StockFetcher Forums · General Discussion · FYI: Binary options trading service<< >>Post Follow-up
485 posts
msg #82866
Ignore guru_trader
11/11/2009 2:33:53 PM

Has anyone tried this site yet?

per their site ...
Binary options, also known as digital options, bet options, or all-or-nothing options, are contracts which have only two possible outcomes - either they win, or they lose -- therefore binary by nature.

3,856 posts
msg #82875
Ignore Kevin_in_GA
11/11/2009 6:11:13 PM

Interesting site. Looks more like gambling than trading, but if you think you have an edge, this might be an interesting thing to try out.

I note that they will make money at a good rate here - if you win, you get "up to" 75% return, if you lose you lose 100%.

Most investors are also not that good at investing on the 1 hr timeframe, unless you are a good daytrader.

I'm not.

Possibly use TRO's fade the gap on AAPL?

353 posts
msg #82879
Ignore BarTune1
11/11/2009 8:13:05 PM

Its definately more of a gambling site masquerading as an investment site. Its not alone either. Based in Cyprus, EZTrader is the counterparty to all your "options" trades and you can bet the house has a very healthy edge built in.

Another question: Does your broker allow you to make deposits and withdrawals by credit card? And, not provide any tax identification?

StockFetcher Forums · General Discussion · FYI: Binary options trading service<< >>Post Follow-up

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