Binary option is gambling

Binary option is gambling

21/3/ · If you ask this question to a broker, then most of them say no i.e. they will claim that it is not gambling. On the other hand, there are several clear indications that suggest binary options is gambling. Just for the record, it is my personal opinion too i.e. binary trading is % gambling Hello There, I am trading binary options and making a decent amount of money, so i think i am capable of answering your question. First of all to answer your basic question, Yes, It is gambling if you dont understand what you are doing 16/8/ · Is Binary Options Trading Gambling? Investors regard Binary options as gambling than a more “traditional” form of investment methods. In most cases, this myth spreads by many non-professional traders. They use gut instinct to win instead of following the direction of the market

Binary Options Trading vs. Casino Gambling

Whether Binary Options are gambling is a question asked far and wide. A question asked by traders, brokers, binary option is gambling, regulators, and other parties interested in binary options. However, before you start picturing flashy lights and playing cards, let me further explain what this means. Join the iFX EXPO Asia and discover your gateway to the Asian Markets.

Judging by this definition, a lot of what we do in daily life is gambling. What do you think, dear reader, a stock trader does when compiling a portfolio? He risks a certain amount of money for an outcome that is not guaranteed. That, by definition, is gambling. What about Forex?

The same story. People buy land, houses usually mortgaged with the hope that the property value would rise, and they could sell it for a profit, binary option is gambling, or at the least break even. Would you say there is no risk in that?

Venture capitalists also gamble when they invest into start-ups, there is no guarantee that the company will survive let alone bloom. Anyone offering guaranteed earnings or profit usually get locked up behind bars at one point or another. Especially if they add to that claim that there is absolutely no risk involved. Be Smart, Manage Risk. The risk will always be there and the higher the payouts the riskier the investment vehicle is. With binary options, the payouts are high binary option is gambling the risk is fixed.

This is actually similar to bank deposits, you invest a certain amount of money, you may be protected up to a certain sum depending on your government, and the bank offers you a fixed annual percentage. However, with banks since the risk is relatively low so is the payout on those savings accounts. Binary options are gambling much like other financial instruments, tangible or intangible. This is not a bad thing, people gamble their entire lives. What we learn as a result of survival is knowing what we are risking and for what result and on what odds, binary option is gambling, this is something you must do in personal finance as well if you want results.

There are successful equities traders, Forex traders, binary options traders, venture capitalists and even poker players, it is all about the approach. So take this information and become a successful investor. Its very Correct Binary Options is a definite Gambling and Beginners are losing huge money in Binary options. So in my opinion Forex Trading is a better option when compared to binary options trading.

So far, binary options are gambling and it is even worse than gambling because there binary option is gambling a lot of fraud and lies in it, but there is a difference in other markets except Forex which is similar to binary options … You may lose a little by mistake at the time of trading, but the principle of your capital is not lost … However, in the case of Forex and Binary Options, in case of error many of binary option is gambling are fictitiousyour original capital is completely lost.

Truth About Binary Options \u0026 Those Who Promote It

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Binary Options: Trading or Gambling?

Hello There, I am trading binary options and making a decent amount of money, so i think i am capable of answering your question. First of all to answer your basic question, Yes, It is gambling if you dont understand what you are doing A lot of people like to think that Binary Options is like gambling because you are basically investing your money on something that you simply cannot tell with a respectable degree of confidence. Since you are trying to predict whether the cost of an asset will appreciate or depreciate within a specific time period, you can either be right or wrong, regardless of what you may have learnt If you take a look, on the surface, at trading binary options through an OTC (over-the-counter) binary options broker, it would appear that you may be gambling. This is because, on the other side of each of your trades, is the broker. The odds are in the broker’s favor. This is because you can only be the buyer of the binary options