Forex Binary Options Systems

Binary options, excellent !! money machine ... (for brokers) I have constantly asked me my opinion about binary options and how they can become consistent in this "market" and good, instead of repeating each time what I think, I preferred to do it in writing and I do it with pleasure and absolutely no desire to offend anyone. Any opinion is respectable and hope not to hurt feelings.
It has already been reaching many people asking me about the training I give Forex to help them in their way is remarkable consistency and the high percentage of those people who come from "operate" binary options. The story is always the same:
"I come from binary options, but has not done well, can not find the way and I have lost all my money"
I myself have opened an account with a broker binary www.majesticoptions.com with the desire to speak from knowledge and own expriencia and to check just some of the things I already knew and some that did not know and I describe here:
1. proabilidades of losing are much higher than those of winning because for every 1 USD you bet (because it can not be anything but a bet), supposedly should win 184% of the "reversed", but actually when he won I only amounted to 0.84 Cents my mind, this really is 84% of what actually invested, however, if he lost then I cleared 1 USD so the chances of losing your money are greater than those of winning.
2. You can not have a real strategy in such low temporalities (candles from 1 second!), Plus once you enter your "buy" or your "sell" what you're really doing is "guess" where you think the price will go, ie becomes a game of chance and not on a trade in every sense of the word. Recall that the Anglo-Saxon term trading means nothing more to negotiate or trade so when is negotiated, then the price of buying and selling really matters! because like any business, what is sought is to buy as cheaply as possible and sell as dearly as possible. That said, binary options the price does not really matter, ie, can not wait for the price to make a move and reach a level where you can really take profits on your trade but easily might not know or how is the price of a currency pair covering or hiding the price as such and give exactly the same, and gives the same instrument you're using your bets, that is, can be EURUSD, USDJPY, NZDUSD or whatever you like! ….does not matter!
3. It turns out that not only can you bet on whether "up or down", but you can also do so if "X level will pass or not" or whether it be in a "certain range" from one level to another. But that big business !!! (For the broker, again). Given these "options" still believe that this is to make trading? or more like a casino where bets to win X or Z team or'll put the goal in this or that minute or maybe they'll put in the first or second time ?. They do not believe that is the same?
4. The word "Binary" means that something can only have two values, in the case of digital electronics, a binary number is one that can only take the value of 1 or 0 (zero). In the case of binary options is no different, as the graph can be moved either up or down and you can bet on either sides. At this point it seems that your chances are 50% and 50%, but if we have that if you lose, you lose what you bet, but if you win, earn less than you bet, then this 50/50, becomes rather in something like 70/30 in favor of the broker. If all this you add the fees you charge for withdrawals (if there were gains) and may charge you more for account management or operations, then it gets worse because they would perhaps at some 80/20 for the broker.
5. One thing I noticed is that even data weekend there !! how is this possible if markets are closed for retail traders and only open for the banks? I asked this same question to broker where I opened the account and his response was that the data remained available as there were between the same customers ellosy then the server (of them) was the one who provided the data. Now my question is ... ..realmente quotes you get, come from a reliable source of data ?? or they are the ones who always provide them and actually NEVER your money goes to the bank? This is the perfect way to manipulate the data and if to this you add that they know exactly at what point will open operations because they have a time base (60 seconds usually) and also they can see all orders from "above" or "down" on their servers, simply they do not believe that they can make such rapid movements to eliminate most of the participants and make them lose their money ?? Again, this is a great money machine !! (For the broker)
6. Why always advertising binary options is much higher than forex or other markets and is also the most promising win ?, why he sold the idea of "I USD 2000 USD with only 10 investment in some hours "?. Actually it is a very interesting marketing strategy since the vast majority of those who start or want to start in this business of trading, they are looking for:
Get "extras" returns to what they perceive their normal salary in other activities. Get Rich Quick! Get rich "effortless", ie make it very easy. Be able to get to invest with very low equity (from 10 USD anyone in your pocket) To enter without knowing absolutely nothing of markets. (But not !? as if they are just bets) All this binary brokers know and that is that this mention in their marketing strategies, because let's say you know what your prospects want.
Having experienced this firsthand, I conclude that binary options are an extremely smart strategy from the creators of them, as leveraging the complete ignorance of making them participants believe that they can get everything above mentioned very quickly and easy. Until today I have not met a person who is consistently winning binary options and yes I have known in Forex and other markets. Lucky days you can have many insurance will be people who tell me things like "I made thousands of dollars last week," or tell me "I have 80% winning trades," however these people I'm sure you can not check what same if your same accounts operate for 6 months and I mean this with consistency. I must also say that the binary options combine a highly addictive dose of adrenaline for participants to do so against time, ie it is like in racing bets or some other sport. It makes you stay on the edge of the chair waiting for it to finish around or the minute or the party to know whether or not you won! which can generate such gambling addiction that many people have lost everything in the betting to keep that alive in their bodies adrenaline. The odds of winning binary options are extremely low and if that's you you combine total inexperience in the markets and inadequate psychology riddled with greed, indiscipline and anxiety, then I dare say that more than low, your chances of winning consistently are INVALID.
A new traders,
PLEASE steer clear of binary options. The trading is not a game of chance, they ARE NOT betting. Trading is a profession that can not be taken as a hobby or as an activity for an "extra money". Learn to make trading the right way, invest countless hours of backtesting and formal study to achieve consistency. The holy grail does not exist, everything requires a lot of preparation to achieve.