Questions Regarding Binary Options

Question

I&#x27;ve been reading the posts about binary options.  It seems like a lot of research would be needed just to trade confidently in just one market.How can someone trade in numerous commodities, precious metals, stock exchanges, and currencies without a sophisticated knowledge of all these markets?It seems too onerous a burden to possibly make a profit.Is it the firm you trade with that gives you the insight?Does the insight comes from the individual posters?I see trades posted, but are they in real/actual time?How can somebody be sure these posts aren&#x27;t "creatively" posted?Just thought I would ask.

starwink · Answer

I&#x27;ve been reading the posts about binary options.  It seems like a lot of research would be needed just to trade confidently in just one market.How can someone trade in numerous commodities, precious metals, stock exchanges, and currencies without a sophisticated knowledge of all these markets?It seems too onerous a burden to possibly make a profit.Is it the firm you trade with that gives you the insight?Does the insight comes from the individual posters?I see trades posted, but are they in real/actual time?How can somebody be sure these posts aren&#x27;t "creatively" posted?Just thought I would ask.

SportsMavin · Answer

starwinkAll the trades are real time when entering the trade (position) and the results are posted right after the expiry time. The firms have account managers also who give tips to the clients but those threads here are based on the traders&#x27; signals same as in sports - picks before the games. Those are not hard to check as the prices at the time of the positions taken are published continuously on any financial sites beginning from Bloomberg.tv and ending with Netdania.com.I am not going to be apologetic for doing extremely good in Binaries.If you really want to check it - it is easy to do - open an account, deposit a minimal sum and see for yourself, but one thing unacceptable is your doubtful tone and the words "creatively" posted. Do me a favor ah?

14allall41 · Answer

You&#x27;re kiddin, right?Say you&#x27;re kiddin. otherwise you sound like an idiot who was asleep for a year or so...

14allall41 · Answer

Please don&#x27;t pay an attention to all kinds of idiots asking idiotic questions.Nice job last night Mavin.

Raiders22 · Answer

Kind of negative responses--the guy seemed sincerely asking about the insight, etc.

It is fantastic that some of you are doing well. But if it so easy, of course people are going to wonder if they can do it themselves or if it is too hard to do. Also they may wonder why everbody is not doing it.

Correcter · Answer

Always know what to say. thanks champ

SportsMavin · Answer

[Quote: Originally Posted by Raiders22]  Kind of negative responses--the guy seemed sincerely asking about the insight, etc.&#xD;&#xA;It is fantastic that some of you are doing well.  But if it so easy, of course people are going to wonder if they can do it themselves or if it is too hard to do.  Also they may wonder why everbody is not doing it.     [/Quote]First of all you have no idea who is and who is not doing whatever you&#x27;re saying. Secondly - if you made a little effort besides sitting in a critic&#x27;s chair and thinking the someone needs to prove you something  - you&#x27;d discover how off the base you are asking childish questions and putting  a doubt in places and the data that you could check and verify yourself their genuine nature. I have enough people I am helping who are grateful for that and for sure don&#x27;t need someone who thinks that he&#x27;s doing a favor by actually reading the material here. Go to NBA forum to my thread and start reading from page one and then may be you will understand thing or two

Mr_Coffee_Shop · Answer

I think that the basic disbelief comes from the fact that the earnings are so high and on such consistent basis. Those of us who&#x27;s been on Mavin&#x27;s threads for a while and got to know him - we accept those facts naturally, but if I may say - those who&#x27;s not that familiar with Mavin and his ways of conduct as well as the his quiet demeanor and his unblemished reputation - those guys have a problem accepting such success especially knowing that they&#x27;ve been missing it.One thing I learned very well on my own skin is that you got to have a basic operating skills on internet as most of us have with an online sportsbooks. Once those skills are present and you can differenciate between what Put means and what Call means, as well you can quickly set an expiry time and an asset you want to trade as well entering the sum of the trade - the next thing is knowing what you&#x27;re doing trading wise and that is the part where Mavin comes with his signals. Once you learned how to receive those signals as soon as you can (I think those things can be found out very quickly). Many here may not know what we the old timers on Mavin&#x27;s threads and his friends on Facebook know for sometime: Mavin comes from a vast financial background and was occupied serious positions at Goldman Sachs .His insights available to those who interact with him constantly - are genius. Visit hotstockmarket and find his thread over there where he also posts screen shots of his trades top realize the transparency the man works with before making a ridiculous statements questioning integrity of the man as well as the integrity of Binary Options trading

OptionsJunky · Answer

I second that

wallstreetcappers · Answer

Let me say that you guys busting his chops for asking for clarification and wondering about the legitimacy of this are not following the rules of the site and especially this area of the site.

He has FULL right to ask questions and want some clarification, if you guys dont like it then dont post in his thread.

There are some issues which from the outside need to be explained and the largest problem of binary options here IS education.

So let this be a nice warning, you bashers and complainers need to avoid making comments. If some people who are trading would like to explain, I think that is what this poster is seeking.

I would like to see MORE education and less boasting about how much money is being made. Posting how much you make is great but it isnt helping anyone but the poster in question.

phixer · Answer

@wallstreetcappersdear sir - you talk about the education while you may very well know that before asking presumptuous  questions in a negatively affirmed connotation - the thread owner would do better if educated himself by at least reading all the posts in binaries threads where me, and especially mavin explain what is wrong way to deal with binaries and what is righty way to deal. how if not being careful the trades can turn into losses while money management and patience are important as in any aspects of life. somehow you support uneducated remarks demanding "explain me now and here and prove to me now and here" instead of guiding the person who began all this trash questioning to the origins of binary threads and the content that is relevant before dropping a bomb. that person was invited to do exactly that and hope pursued the path.

wallstreetcappers · Answer

His question wasnt about money management. It was about binaries and how you decide entry points etc.Your comments are way off target, keep on task and stop diverting the issue.

SportsMavin · Answer

Since I have a great respect for Wallstreetcappers&#x27; comments - I will try - AGAIN - to relate to the issues raised in this thread and excuse my "french" if some of the answers will be weathered as the questions were:That very much depends on who that someone is and what kind of methodology he follows when making decisions. There few approaches in trading and although they all relate to the same data - they are interpreted and translated into different conclusions sometimes (fundamentals, technicals, studies etc). Now, when all those translate and are interpreted in a same way - you have your candidate for a trade. But that alone is not enough - trending is a very important factor and you also have to give a right weight to each factor when deciding to take a trade. What is resistance level, what is a support level, for how long that will hold and therefore what is the most attractive  expiry time? What sum to trade and will this trade be an independent one or one of the series of the trades each trade dictated by the previous one. And there is one most important factor in binaries that indicates the direction the price of an asset is going to go to. And once that factor is in - I am pulling the trigger. Now - what is it I am trading - Commodity, stock, currencies or indices matter only fundamental wise. What I do here is presenting the results of my calculations in a form of a ready trading position and all you have to do is take that same exact trade. Or attend schools I did and work at the financial institutions for years and get an experience I have in reading the markets.May be to you as you most probably lack the knowledge, but then you can follow me. If you made at least a quarter of what I made all documented here - you&#x27;d still be with 15K in your pockets since February so what does it matter how does it seem to you?The firm I trade with - optionrally - offers a free academy with rich tutorial content and account managers who tip you off about the trading opportunities and from my knowledge of them they are top notch brokers recruited from leading financial brokerage firms. Now, I don&#x27;t take their advises as I have no room for anyones advises to check on and that is a part of my character I am aware of - but you can definitely enjoy that feature.Phixer does, King Midas does as well as I saw Austrian signaled today. There are few more but this group of people was very successful in NBA picks and now are doing fine here. And of course I give signals worthy of my time sand effort dedicated to itOf course. Each and everyone of them is posted at the beginning of the trading process and when the trade expires - the results and full recount of the record are posted (at my thread and I see that others too practice it in the same way)As I already answered previously - yes. You can go and check them one by one.  Reuters is the one who supplies asset price movement info at all times and all the data is according to that.In many ways - by following the trade and seeing for yourself as well as going back and comparing the time stamps here with actual prices of the assets at those times. Besides that you can go here or on sports forums and read my threads attended by more than 1.5 million viewers and you won&#x27;t ever find anyone who is ever doubting my integrity. But if I was you - I would check everything anyways

Raiders22 · Answer

What sum to trade and will this trade be an independent one or one of the series of the trades each trade dictated by the previous one. And there is one most important factor in binaries that indicates the direction the price of an asset is going to go to. And once that factor is in - I am pulling the trigger.

What is this 'one most importanat factor' or is this just a personal thing?

Thanks for the lengthy in-depth answer! I think that I am just used to seeing a reasoning and watch list or target price, etc. instead of just a 'here is the trade'. I just was trying to get an understanding for the trades is all. Not trying to be negative at all or combative. One of the problems with writing, you cannot get a person's tones or inflections, etc. Obviously it is working great for you guys and I am very interested in this subject and appreciate the kind answers. Once again, I am not 'sitting in a critics chair or asking childish questions' and apologize if it comes off like that.

For example, if by my 'antiquated' way of doing things I spot something I feel should move---then binaries could be a viable alternative to standard options with a predetermined risk. Only on a speedier turnaround. Or are my methods for standard stocks, options not going to work on the binaries.

Questions Regarding Binary Options

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