News articles and trades ideas should be posted with your analysis or a question. Post an article, or link to multiple articles with your analysis in it. Also, concerning your analysis, see The following should go without saying There is a thin line between promoting a product and service and SPAM. Before you can post a promotion or service you need to get approval from the mods. Links to external services, especially if they are selling a product such as signals services or binary options will be excised with haste.

Want to post a trade? My experience with Binary Options, what you should know and what to avoid. This blog pertains to unregulated binary brokers, regulated brokers are not open to u. I was introduced to day trading through a Facebook group called The greenroom academy. This was ran by and still is by a group of scammers that go by the name of Jamal Johnson and Jason Demot, even though I hate this guys I am bittersweet that they stole my money as I would of never been introduced to forex if it wasn't for them.

My experience with Binary Options, what you should know and what to avoid. : Forex

Binary options brokers can be compared to casinos and the trader is the gambler; the house always wins. Keep in mind also since your betting against the house, if you win, they lose money, this is not an exchange. They will do everything in their power to not pay you, from price manipulation, to simply canceling a withdrawal request with no reason. I am part of a society of day traders on Facebook, everything I will share with you has happened to me as well as hundreds of traders who have shared with me their stories.

This pattern, on the fourth candle is supposed to drop every time regardless the time frame. I was extremely naive and I had no Idea what I was doing, I thought this man was a trading god and he could lead me to the promise land. Through my studying, I came to learn that his strategy is the three white soldiers which means when this candle pattern appears, the market is beginning an uptrend, contrary to what he is teaching. NO WONDER IT NEVER WORKED. Not even the worst part, they were collecting affiliate commissions from Boss Capital the only trusted unregulated broker, but they do manipulate the price Goptions the biggest thiefs in the world, they would literally deactivate your account with tens of thousands of dollars in your account and disconnect you every time you tried to reach customer support, through phone or chat.

I lost count of how many traders were robbed, Goptions claims they lost their funds while trading, but no trades were open on these trader's accounts when their money just magically disappeared and redwood options stoped accepting u. I eventually was kicked from the group along with everyone who voiced dissatisfaction, last I remember, as a paying customer of your product, I can say whatever I please, and since I was kicked I deserve a refund; nope. On with the binary brokers, they all have affiliate programs, any one can call and have their own link setup.

This is a good idea if your doing it for the long term, but they will try to trick you into accepting and most people don't read the fine print, so you can only imagine how many innocent people fall for this trick. CTOptions was also involved with Gary Yates, they have a replicating software which let's you connect to the best traders on the site, they claimed that the traders weren't employed by them, turns out everyone was connected to a bot and they all lost their money.

Not a big deal, I always invest the minimum.

Binary Options - Has anyone had any experience or success? What are my other options? : investing

All signal providers have affiliate links, no binary signal provider works, TLC, Binary option signal, Auto Binary Signal, etc they all suck. No binary options broker can be trusted unless they are regulated by cysec, they have no incentive to pay and they are allowed to get away with it.

Forex is obviously better as you can exit a trade at will, in binary no such thing exists. Stay clear from binary, it is more like gambling rather than trading, I lost so much I have probably developed the best risk management habits due to the emotional stress I was out through.

You dont know what it is like to be winning your position for 4: I don't care of its regulated. When people ask me what I think about binary options, I just tell them to look at the risk to reward. Send me 12 easy payments of Shipping and handling extra, no refund or exchange, shipping times not guaranteed. Just need your credit card information now.

I promise you more, why bother with binary? Just because a broker is regulated by CySEC doesn't mean it's not shady. Most people steer clear of Cypriot brokers.

Binary options trading experience # supuwufif.web.fc2.com

It's much harder for a CySEC regulated broker to get away with scam than for an unregulated one. Have you seen their past regulatory actions against brokers? It's a joke compared to most well regulated regions.

Consumer protection is not one of their priorities.. Until they decide that they don't want to. I'm not saying CySEC regulated brokers are inherently bad, I'm just saying that if you can go with an FCA regulated broker, you would be far more secure. Binary options is betting.

I didn't meet a single "binary trader" that got rich. I looked up who programmed the software of Banc de Binary, then who else uses this software. The reason is that I realized that they deliberately changed the market price of a certain asset in their favor each and every new minute period. You could see the direction they would change the market price by looking at the previous 15 minute period, and where they changed the price the second you weren't allowed to place trades anymore on this particular timeframe.

However, betting the other way was obviously possible. I'm out of brokers to steal candy from, and that's why I'm sharing this neat trick. Almost every broker spent over three weeks giving me my cash back, however, so if you have personal liquidity issues, don't even attempt it. I'm unsure if they've fixed it yet, but if they haven't, feel free to do the same as I did.

Why am I sharing this with you? Because they scam innocent people, and they deserve to get a financial blow. At the closing of the market, they artificially change the price in their favor, against wherever the majority of money is going. This is representative of where they will artificially change the price in the next market. Withdraw money when they no longer let you bet in the direction they change the price, find new broker with same software.

I know a few, it is possible that is for sure. Anna couling just brought a book called 'Binary Options Unmasked' it's amazing! They let you pick the second you want it in and you pick whether you want days hours whatever Now, adding to this when I say "Pairs ususally get their weekly high or low in the first trading days" you have a good setup. ICT taught me that. My son called me today, and asked me to look into I've got a background in investigation this great new opportunity to make money daytrading with this amazing company I'll just call Some place I can tell my son to just go and look, without showing him the 50 tabs open in my browser that tell the story if you put them together?

I didn't actually look at their structure, but it would be nice to tell him there is a place he can lose his money from his own decisions instead of simply being ripped off.

Boss capital pays every time, I know a few people who were paid over k at once. But they do manipulate the price. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. By signing up, you agree to our Terms and that you have read our Privacy Policy and Content Policy. Log in or sign up in seconds. LIST OF RESOURCES CHATROOM SO WHEN WILL YOU BE RICH?

No empty news articles or analysis News articles and trades ideas should be posted with your analysis or a question.

Also, concerning your analysis, see 2: No Spam, No Non-Approved Promotions There is a thin line between promoting a product and service and SPAM. Keep It Professional No insults or attacks of any kind. Abusive posters will be banned. Posting Trades Want to post a trade? Fairly candid look into a Canadian trading firm, in minute episodes.

This is an archived post. You won't be able to vote or comment. Forex submitted 2 years ago by [deleted] Let me start by saying I am typing on my galaxy note edge, so my grammer will be inaccurate. Would much rather a EU broker based in London than anywhere else.

Wendy Kirkland

They are still doing some regulatory job, albeit worse than FCA or CFTC. Note that withdrawing the money can sometimes be a little hassle. Just a hypothesis at the moment, but i'm gonna put it to the test. Posts are automatically archived after 6 months.