binary options

[Half Smoke]

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pretty damn interesting - to me anyway - and I think I'm going to try it - binary options have been around since 2008 but I never really looked at it before

it's a type of stock market trading that is very close to pure gambling -

the link explains it better than me - but basically your trade is win or lose and is resolved at a certain time

example - the s&p 500 index is now at 4,045.64 - a binary option for Monday might be - will the index be above 4,100 at 4:15 p.m. - you bet yes or no - your payout will be $100 less fees for one winning contract - the cost of your bet will be determined by the exchange - NADEX -

your profit on a winning bet is the $100 minus the fees and minus the cost of the bet - of course, you can buy as many contracts as you want

it costs $1.00 to enter a contract and $1.00 to exit a contract

- pretty cool - not saying it's easy to be profitable - but very low $ requirement to start playing

caveat emptor - buyer beware - all kinds of scammers selling tips or strategies

I'm going to try to learn as much as I can before doing this



https://www.investopedia.com/article...live%20account.


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[lamboguy]

Originally Posted by Half Smoke

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pretty damn interesting - to me anyway - and I think I'm going to try it - binary options have been around since 2008 but I never really looked at it before

it's a type of stock market trading that is very close to pure gambling -

the link explains it better than me - but basically your trade is win or lose and is resolved at a certain time

example - the s&p 500 index is now at 4,045.64 - a binary option for Monday might be - will the index be above 4,100 at 4:15 p.m. - you bet yes or no - your payout will be $100 less fees for one winning contract - the cost of your bet will be determined by the exchange - NADEX -

your profit on a winning bet is the $100 minus the fees and minus the cost of the bet - of course, you can buy as many contracts as you want

it costs $1.00 to enter a contract and $1.00 to exit a contract

- pretty cool - not saying it's easy to be profitable - but very low $ requirement to start playing

caveat emptor - buyer beware - all kinds of scammers selling tips or strategies

I'm going to try to learn as much as I can before doing this



https://www.investopedia.com/article...live%20account.


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i tried it back when they first started and i got buried!

i do have a system now that has worked for about a year and it doesn't take to much intelligence or charting.

its so simple its scary... i am playing long or short, stocks that the CEO's and other officers of the company report their transaction on. i get in the very first thing at 9:30 and play them for exactly 15 minutes, long or short depending on whether the insiders sold or bought. there is a little bit more to it, but not much more. my wins have ranged from a low of .02% to 15%. the one thing i don't do is play them premarket.