Yes, you are right. Indeed, binary is more inclined towards gambing, judging from the site, it has also been claimed that binary is gambling and relies on speculation and probability.But technically the binary uses a real market price so it can be analyzed with technical analysis. Maybe binary including half gambling and half can be analyzed.
more profitable where forex vs binary options now there are many traders who play in binary options because they are considered faster to produce than forex which have to wait for hours and even weeks. in terms of speed, binary options are faster to produce results for some people. What do you think?
Both are very profitable, depending on our expertise tends to be in which part, if forex we understand more then just in forex to trade, if you look at it from a binary side that is lucrative because it is fast profitable then it needs to be considered fast profitable also quick loss, in my opinion we just position where we tend to be more comfortable in seeking profits.
Gambling will never make any people become rich, in many forum, I have seen rarely trader that like to trading binary, I also hear if binary option is only gambling and prohibited by religion, but forex is there are some scholar allowed but there are some another prohibited, but for me forex is halal, but included as risky business, if can't accept the risk hence don't trading forex
For Islamic ummah, binary trading is including halal law, if forex trading is clearly claimed halal by Indonesian MUI. Actually forex trading can also be included in the non-halal category if done by gambling, done carelessly without using good and correct analysis.
However still not yet sure for halal label for binary option, because order opened according to time contract, and still close as maisir or full speculated, if any trader still doubt about halal or haram on certain business I think better they stay away from these kinds business, so I am never trading on binary option because also still doubt with label halal for this business
Is it true that binary options fall into the gambling category? Don't they also need analysis to determine the call or put? Same with forex right? But the difference is only the time limit
according to you all my views that what distinguishes only the trading method, the spot market is the same, only different ways of transactions, and binary options must really rely on memorizing candlestick forms if you want to win.
I add a little if we trade in binary, often using tric worms, we don't always like to use a candle stick, because by using tric worms we get faster profits, even though we know that we also get quick losses, but indeed the characters, I tend to prefer in forex trading because the candles are better seen from the mt4 application.
hmmm ... using cacin is the same as we give money to brokers voluntarily. I am more comfortable using a candle, whether it is difficult to wait 10 minutes or 15 minutes, it is only people who do not take into account the risks
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