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?
I also think so. but in fact there are still many people who like binary options because of the speed at which they benefit. besides that the loss and profit are also clear. for example if you put $ 1 then if you lose $ 1 it will disappear and if you win it will get the opposite. do you think that is fair?
i have ever trade on binary option, on olypmtrade exactly and it based on time and stakes, no matter how pip you got even it just diffrent 1 pipet you still profit and vice versa
I don't understand binary at all, what makes prices in binary up and down? if on forex because there is economic data from a country that makes the currency go up and down.
its basically you are scalping, on M1 upto H1, but you know the noise and volatility on M1 right?, yeah so binary is, you have to guess the price will go up or down
example Eur/Usd 1Minute Stakes, you pick up, so its mean you guessing Euro/Usd in one minute should be up, if not you lose money that you bet, if right you get only 50 - 80% of money that you bet
thank you, so it's indeed quite different from forex.
But in my view binary is just like gambling, just relying on luck. unlike forex trading which has analysis and management that must be applied in trading. binary just plays guessing. But that's only in my opinion, maybe also because I don't really like binary
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