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    All Forums | Investments

    Trading Binary Options vs Betting on Sports - which is more profitable

    «First Previous 202122 ... 373839 Next Last»
    SportsMavin
    Mr_Coffee_Shop
    MaxiMILLION
    Turbovtk
    phixer
    ...
    Participants:
    Search
    Views: 64411
    Posts: 974
    «First Previous 202122 ... 373839 Next Last»
     
    SportsMavin
    SportsMavin
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    Posted: Apr. 25, 2013 - 9:44 AM ET #476

    The last one's expiry is tomorrow. Just a heads up
    Reply
    The last one's expiry is tomorrow. Just a heads up
     
    Mr_Coffee_Shop
    Mr_Coffee_Shop
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    Posts: 208
    Posted: Apr. 25, 2013 - 10:03 AM ET #477

    Ki?m nhi?u ti?n hon th? thao. Không ai bán trò d? den... hahaha
    Reply
    Ki?m nhi?u ti?n hon th? thao. Không ai bán trò d? den... hahaha
     
    Mr_Coffee_Shop
    Mr_Coffee_Shop
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    Posted: Apr. 25, 2013 - 10:05 AM ET #478

     Theo mình bi?t thì có công ty môi gi?i tên Optionrally, ch? không ph?i Rally có dang ký kinh doanh v?i hi?p h?i Châu Âu. N?p nhanh mà rút cung nhanh.
    Reply
     Theo mình bi?t thì có công ty môi gi?i tên Optionrally, ch? không ph?i Rally có dang ký kinh doanh v?i hi?p h?i Châu Âu. N?p nhanh mà rút cung nhanh.
     
    MaxiMILLION
    MaxiMILLION
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    Posted: Apr. 25, 2013 - 10:07 AM ET #479

    Some english would really be appreciated here guys
    Reply
    Some english would really be appreciated here guys
     
    Mr_Coffee_Shop
    Mr_Coffee_Shop
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    Posted: Apr. 25, 2013 - 10:11 AM ET #480

    Quote Originally Posted by MaxiMILLION:

    Some english would really be appreciated here guys
    NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha
    Reply
    Quote Originally Posted by MaxiMILLION:

    Some english would really be appreciated here guys
    NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha
     
    MaxiMILLION
    MaxiMILLION
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    Posted: Apr. 25, 2013 - 10:12 AM ET #481

    Thanks
    Reply
    Thanks
     
    SportsMavin
    SportsMavin
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    Posted: Apr. 25, 2013 - 7:05 PM ET #482

    Quote Originally Posted by SportsMavin:

    722620$ 1000USD/JPY9:33 25/04/1399.326 10:30 25/04/13
    PUT
    722620$ 1000USD/JPY9:33 25/04/1399.326 10:30 25/04/1399.485$ 50.00
    LOSS -950$
    Reply
    Quote Originally Posted by SportsMavin:

    722620$ 1000USD/JPY9:33 25/04/1399.326 10:30 25/04/13
    PUT
    722620$ 1000USD/JPY9:33 25/04/1399.326 10:30 25/04/1399.485$ 50.00
    LOSS -950$
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Apr. 25, 2013 - 7:06 PM ET #483

    Quote Originally Posted by SportsMavin:

    722633$ 1000GBP/USD9:38 25/04/131.54549 16:00 25/04/13

    PUT
    722633$ 1000GBP/USD9:38 25/04/131.54549 16:00 25/04/131.54297$ 1750.00
    WIN +750$
    Reply
    Quote Originally Posted by SportsMavin:

    722633$ 1000GBP/USD9:38 25/04/131.54549 16:00 25/04/13

    PUT
    722633$ 1000GBP/USD9:38 25/04/131.54549 16:00 25/04/131.54297$ 1750.00
    WIN +750$
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Apr. 26, 2013 - 3:09 PM ET #484

    Quote Originally Posted by SportsMavin:

    722642$ 1000GBP/USD9:43 25/04/131.54621 13:10 26/04/13
    PUT
    LOSS -1000$
    722642$ 1000GBP/USD9:43 25/04/131.54621 13:10 26/04/131.54843$ 0.00
    Reply
    Quote Originally Posted by SportsMavin:

    722642$ 1000GBP/USD9:43 25/04/131.54621 13:10 26/04/13
    PUT
    LOSS -1000$
    722642$ 1000GBP/USD9:43 25/04/131.54621 13:10 26/04/131.54843$ 0.00
     
    SportsMavin
    SportsMavin
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    Posted: Apr. 26, 2013 - 3:12 PM ET #485

    Quote Originally Posted by SportsMavin:

    Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

    721171$ 1000OIL12:01 24/04/1392.3333 13:10 26/04/13

    CALL. No Fear!!!
    WIN +760$
    721171$ 1000

    OIL12:01 24/04/1392.3333 13:10 26/04/1393.0100$ 1760.00
    Reply
    Quote Originally Posted by SportsMavin:

    Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

    721171$ 1000OIL12:01 24/04/1392.3333 13:10 26/04/13

    CALL. No Fear!!!
    WIN +760$
    721171$ 1000

    OIL12:01 24/04/1392.3333 13:10 26/04/1393.0100$ 1760.00
     
    SportsMavin
    SportsMavin
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    Posted: Apr. 26, 2013 - 3:17 PM ET #486

    Quote Originally Posted by SportsMavin:

    722613$ 1000USD/JPY9:30 25/04/1399.288 19:30 25/04/13
    PUT
    Loss -950$
    722613$ 1000USD/JPY9:30 25/04/1399.288 19:30 25/04/1399.360$ 50.00
    Reply
    Quote Originally Posted by SportsMavin:

    722613$ 1000USD/JPY9:30 25/04/1399.288 19:30 25/04/13
    PUT
    Loss -950$
    722613$ 1000USD/JPY9:30 25/04/1399.288 19:30 25/04/1399.360$ 50.00
     
    SportsMavin
    SportsMavin
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    Posted: Apr. 26, 2013 - 3:18 PM ET #487

    Quote Originally Posted by SportsMavin:

    722608$ 1000EUR/USD9:29 25/04/13
    1.30374
     19:30 25/04/13

    PUT
    722608$ 1000EUR/USD9:29 25/04/131.30374 19:30 25/04/131.29994$ 1750.00
    WIN +750$
    Reply
    Quote Originally Posted by SportsMavin:

    722608$ 1000EUR/USD9:29 25/04/13
    1.30374
     19:30 25/04/13

    PUT
    722608$ 1000EUR/USD9:29 25/04/131.30374 19:30 25/04/131.29994$ 1750.00
    WIN +750$
     
    Turbovtk
    Turbovtk
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    Posts: 1676
    Posted: Apr. 26, 2013 - 4:07 PM ET #488

    Quote Originally Posted by Mr_Coffee_Shop:

    NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha

    The trades CAN be fixed.
    Reply
    Quote Originally Posted by Mr_Coffee_Shop:

    NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha

    The trades CAN be fixed.
     
    Turbovtk
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    Posted: Apr. 26, 2013 - 4:10 PM ET #489

    Quote Originally Posted by SportsMavin:

    I have an idea how to do it and will soon post it
    Thanks for your input Turbo. You're always welcome to contribute in any are I'm active at

    No prob. keep up the good work 
    Reply
    Quote Originally Posted by SportsMavin:

    I have an idea how to do it and will soon post it
    Thanks for your input Turbo. You're always welcome to contribute in any are I'm active at

    No prob. keep up the good work 
     
    phixer
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    Posted: Apr. 26, 2013 - 10:23 PM ET #490

    Quote Originally Posted by Turbovtk:


    The trades CAN be fixed.
    how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix? 
    Reply
    Quote Originally Posted by Turbovtk:


    The trades CAN be fixed.
    how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix? 
     
    1IRON
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    Posted: Apr. 27, 2013 - 8:45 AM ET #491

    Quote Originally Posted by SportsMavin:

    Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

    721171$ 1000OIL12:01 24/04/1392.3333 13:10 26/04/13

    CALL. No Fear!!!

    Mavin...........Who or what is liquidity provider??

    Another question........When taking this longer term (2 day) call option on oil, you had to ADD 2.00$ to the current price in order to take that trade? I had no idea they did this.  To me, that seems like a large spread to overcome on a 48 hour trade. But what do I know, you took it and covered it easily, congrats on that call. 

    If you would have taken a put position (instead of call) on the same 2 day oil trade, do they set the price 2.00$ below current price or what? 



       
    Reply
    Quote Originally Posted by SportsMavin:

    Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

    721171$ 1000OIL12:01 24/04/1392.3333 13:10 26/04/13

    CALL. No Fear!!!

    Mavin...........Who or what is liquidity provider??

    Another question........When taking this longer term (2 day) call option on oil, you had to ADD 2.00$ to the current price in order to take that trade? I had no idea they did this.  To me, that seems like a large spread to overcome on a 48 hour trade. But what do I know, you took it and covered it easily, congrats on that call. 

    If you would have taken a put position (instead of call) on the same 2 day oil trade, do they set the price 2.00$ below current price or what? 



       
     
    Turbovtk
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    Posted: Apr. 27, 2013 - 10:12 AM ET #492

    Quote Originally Posted by phixer:

    how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix? 

    I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

    I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

    While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

    Reply
    Quote Originally Posted by phixer:

    how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix? 

    I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

    I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

    While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

     
    BIGfnPOO
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    Posts: 18880
    Posted: Apr. 27, 2013 - 9:59 PM ET #493

    turbo..  good job. well done.
    bigFnPOO
    Reply
    turbo..  good job. well done.
     
    louris54
    louris54
    Prospect
    Participation Meter
    Joined: Mar, 2013
    Posts: 222
    Posted: Apr. 27, 2013 - 11:14 PM ET #494

    hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

    Much appreciated!
    Reply
    hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

    Much appreciated!
     
    SportsMavin
    SportsMavin
    Banned
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    Joined: Dec, 2012
    Posts: 5295
    Posted: Apr. 28, 2013 - 10:00 AM ET #495

    Quote Originally Posted by louris54:

    hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

    Much appreciated!
    Please PM me
    Reply
    Quote Originally Posted by louris54:

    hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

    Much appreciated!
    Please PM me
     
    SportsMavin
    SportsMavin
    Banned
    Participation Meter
    Joined: Dec, 2012
    Posts: 5295
    Posted: Apr. 28, 2013 - 10:07 AM ET #496

    Quote Originally Posted by Turbovtk:


    I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

    I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

    While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

    Trading Binary Options is not like anything you described buddy. And besides - moving the price of an asset through buying is not fixing. That's a trade. When word fix is used in our corcles (sports handicappers) we usually associate with non kosher activities as  the biased refs, players etc. That is impossible with Binary Options as there is no third party that "fixes" the trade as it will cost exact amount of money needed to move the price as it would cost investing in it - so what is the point? The only motive to do so is usually associated with speculants who try to drive passive traders into frenzy of buying or selling the same exact way as the sharps or wise guys drive into a frenzy regular public with lines moved.
    I say that if you know what you're doing, you have enough funds to stay on market and are a disciplined person - there is no way you won't make money is a steady fashion over a period of time aimed
    Reply
    Quote Originally Posted by Turbovtk:


    I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

    I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

    While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

    Trading Binary Options is not like anything you described buddy. And besides - moving the price of an asset through buying is not fixing. That's a trade. When word fix is used in our corcles (sports handicappers) we usually associate with non kosher activities as  the biased refs, players etc. That is impossible with Binary Options as there is no third party that "fixes" the trade as it will cost exact amount of money needed to move the price as it would cost investing in it - so what is the point? The only motive to do so is usually associated with speculants who try to drive passive traders into frenzy of buying or selling the same exact way as the sharps or wise guys drive into a frenzy regular public with lines moved.
    I say that if you know what you're doing, you have enough funds to stay on market and are a disciplined person - there is no way you won't make money is a steady fashion over a period of time aimed
     
    FLANAGON
    FLANAGON
    Prospect
    Participation Meter
    Joined: Apr, 2013
    Posts: 4
    Posted: Apr. 28, 2013 - 10:23 AM ET #497

    When you'll be posting new trades Mavin?
    Reply
    When you'll be posting new trades Mavin?
     
    Georgeofthejungle
    Georgeofthejungle
    Prospect
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    Joined: Apr, 2013
    Posts: 4
    Posted: Apr. 28, 2013 - 10:27 AM ET #498

    There's a great and easy way for us US traders to trade Binary Options. I have successfully opened an account and trading for weeks now. If Mavin agrees I'm ready to help. Send me a friend request and PM me. I will explain how
    Reply
    There's a great and easy way for us US traders to trade Binary Options. I have successfully opened an account and trading for weeks now. If Mavin agrees I'm ready to help. Send me a friend request and PM me. I will explain how
     
    SportsMavin
    SportsMavin
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    Joined: Dec, 2012
    Posts: 5295
    Posted: Apr. 28, 2013 - 10:32 AM ET #499

    Generally speaking - the path for US Traders to engage in trading Binaries with OptionRally has been cleared in a way. 
    Reply
    Generally speaking - the path for US Traders to engage in trading Binaries with OptionRally has been cleared in a way. 
     
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58430
    Posted: Apr. 28, 2013 - 12:12 PM ET #500

    Quote Originally Posted by SportsMavin:

    Please PM me


    This is a very very bad idea..if you are running accounts of other members I will have to shut this down.

    I think we made it pretty clear about keeping everything out in the open and not doing what you just did..


    Reply
    Quote Originally Posted by SportsMavin:

    Please PM me


    This is a very very bad idea..if you are running accounts of other members I will have to shut this down.

    I think we made it pretty clear about keeping everything out in the open and not doing what you just did..


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