Binary Option Trading: Scam or minimize risks?

There are many ways to lose your money. Let's talk about the websites that deal with Binary Option Trading. They have become very popular in recent years, and you can see new ones popping like mushrooms all the time: anyoption.com, bulloption.com, spotoption.com, binaryoption.com, etc.

Websites are targeted at the same type of people who play online poker as well. But they are hiding behind a more respectable aura as they are laid out as a form of investment. Binary Option Trading

Do not be mocking yourself. It's simple gaming websites and it's probably a matter of time before the regulators intervene.

Until that happens, though, they seem to be doing a great job. A Google search for binary option trading web pages yielded 870.000 results with "earn up to 75% every hour" and "81% profit in less than an hour" bids. You can of course buy these options, which are also known as all-or-nothing options, digital options, or Fixed Return Options (FROs), or on stocks, or commodities, or indexes, or foreign exchange, and many other derivatives.

In fact, you can bet almost anything that is publicly traded, depending on the website you use. Some of them also offer free binary option trading guides to help you get started.

My phenomenon became interesting when a reader posted something to us on the page us on Facebook.

google still advertises binary option companies that it bans in its advertising policy gambling - casino.
because it is a casino binary option. oxymoron; does more, too, for laughter and crying. The google algorithm displays only the positive reviews from various sites binary option! even well-known youtuber have been recruited and supposedly earn for advertising these companies… also for better ranking in SEO or these pages prefer users who are connected to mobile devices and there is an advantage for them, e.g. the prices in the same currency at the specific time are displayed differently from desktop and different on mobile at the same time! There is also a Russian video on this youtube. Negative reviews are not easy to find and you should do a good search for days until you find search results for stories of people who were destroyed by this nonsense and others who analyze them.

now the whole aston martin has an official sponsor a site binary option Imagine what francs eat from the idiots.

do you have a chance to try to cover up the scam with this article?

The real problem is that many are falling into the trap. Forbes reports an incident with a lawyer. So the lawyer's son, a professional online poker player, tries to persuade his father to stop dealing with the well-done scam:

I'm looking for a way to convince him to stop and that his "opportunity" is not as great as it seems. I have tried to talk to him many times about the subject, but I am not an expert in the field and eventually he continues to deal with it. ”

What is really worrying here is that binary option trading has become a kind of pseudo-investment subculture. Websites that are constantly popping up refer to binary option trading as "an exciting new type of investment." Note the term "investment".

"When you buy a binary option trading on our platform, a contract is created that gives the buyer (also known as an investor) the right to buy an underlying asset at a fixed price, within a specific time frame with the seller," the website states. The option must be kept until it matures or expires (even if it expires in five minutes). Unlike normal options, they cannot be sold before then. ”

These sites are advertised as risk-averse services (you can not lose more than a certain amount), because they offer low cost, big profits, and yes you guessed it, ease of use - you can trade from your home when shopping is open and create a credit card account.

For beginners, all this can quickly become very addictive, especially for trading junkies. Although the amount of bets, because they are bets, may be small, their total can increase rapidly if multiplied by the thousands of transactions made in one day.

Let us also mention that no matter how knowledgeable one is, no one can predict consistently that a share will move in a short time.

How much security can there be in predicting: Will Apple shares move up or down in the next 10 minutes?

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Written by giorgos

George still wonders what he's doing here ...

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