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    All Forums | Investments

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

    «First Previous 242526 ... 373839 Next Last»
    SportsMavin
    christubluff
    phixer
    austrian
    Realchosen1
    ...
    Participants:
    Search
    Views: 64411
    Posts: 974
    «First Previous 242526 ... 373839 Next Last»
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: May. 3, 2013 - 12:45 PM ET #576

    Quote Originally Posted by austrian:

    Hi
    Those both have expiry times on Friday

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/13

    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/13

    Both Call and both expiry times are on Friday at 13:10 or 1:10 PM EST
    You're on a sure path to win those two trades as well Austrian
    Reply
    Quote Originally Posted by austrian:

    Hi
    Those both have expiry times on Friday

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/13

    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/13

    Both Call and both expiry times are on Friday at 13:10 or 1:10 PM EST
    You're on a sure path to win those two trades as well Austrian
     
    christubluff
    christubluff
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    Posts: 30
    Posted: May. 3, 2013 - 4:05 PM ET #577

    Good job Austrian . 

    Thks and good week end to all of u guys.
    Chris
    Reply
    Good job Austrian . 

    Thks and good week end to all of u guys.
    Chris
     
    SportsMavin
    SportsMavin
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    Posted: May. 3, 2013 - 7:29 PM ET #578

    I am just waiting on you to update your wins Austrian and set the records straight. 8-0 is the more than what I expected from this contest to begin with and your 5-0 contribution is terrific one
    Reply
    I am just waiting on you to update your wins Austrian and set the records straight. 8-0 is the more than what I expected from this contest to begin with and your 5-0 contribution is terrific one
     
    SportsMavin
    SportsMavin
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    Posted: May. 3, 2013 - 9:18 PM ET #579

    Quote Originally Posted by SportsMavin:

    Before we continue, please pay a close attention to tomorrow'a main events in US economics:

     

     

    Nonfarm Payrolls
     
    Actual - ???
    Forecast 145K
    Previous 88K
     
     
     
    Private Nonfarm Payrolls
     
    Actual - ???
    Forecast 160K
    Previous 95K
     
    Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
     
    A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
    165K
    Reply
    Quote Originally Posted by SportsMavin:

    Before we continue, please pay a close attention to tomorrow'a main events in US economics:

     

     

    Nonfarm Payrolls
     
    Actual - ???
    Forecast 145K
    Previous 88K
     
     
     
    Private Nonfarm Payrolls
     
    Actual - ???
    Forecast 160K
    Previous 95K
     
    Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
     
    A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
    165K
     
    phixer
    phixer
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    Posts: 4174
    Posted: May. 3, 2013 - 10:12 PM ET #580

    i already said and will repeat it again - austrian is on a roll
    Reply
    i already said and will repeat it again - austrian is on a roll
     
    austrian
    austrian
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    Posts: 1179
    Posted: May. 3, 2013 - 10:42 PM ET #581

    Quote Originally Posted by austrian:

    Hi
    Those both have expiry times on Friday

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/13

    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/13

    Both Call and both expiry times are on Friday at 13:10 or 1:10 PM EST

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/131,465.690$ 880.00
    Winnner +280$


    Reply
    Quote Originally Posted by austrian:

    Hi
    Those both have expiry times on Friday

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/13

    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/13

    Both Call and both expiry times are on Friday at 13:10 or 1:10 PM EST

    $ 500GOLD19:24 01/05/131,447.427 19:10 03/05/131,465.690$ 880.00
    Winnner +280$


     
    austrian
    austrian
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    Posts: 1179
    Posted: May. 3, 2013 - 10:42 PM ET #582

    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/1395.6750$ 880.00
    Winner 380$
    Reply
    $ 500OIL19:23 01/05/1391.1477 19:10 03/05/1395.6750$ 880.00
    Winner 380$
     
    austrian
    austrian
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    Posts: 1179
    Posted: May. 3, 2013 - 10:43 PM ET #583

    Both were winners profiting in the process 760$
    Reply
    Both were winners profiting in the process 760$
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: May. 3, 2013 - 11:22 PM ET #584

    So far on Contest:

    Day 1. April 29 2013  Monday

    3-0 

    +1460+365+365=+2190

    +2190$
    ----------------------------------------------------------
    Day 2. April 30th 2013  Tuesday

    1-0  (1 trade pending till May 31 2013)

    +365$
    ----------------------------------------------------------
    Day 3. May 1st  2013  Wednesday

    1-0 

    +730$
    ----------------------------------------------------------
    Day 4. May 2nd  2013  Thursday

    1-0 

    +365$
    ----------------------------------------------------------
    Day 5. May 3nd  2013  Thursday

    2-0 (both pending trades of Austrian cashed)

    +760$
    --------------------------------------------------------------
    --------------------------------------------------------------
    Total for 5 days

    8-0  (1 position is pending for May 31)

    +4410
    Reply
    So far on Contest:

    Day 1. April 29 2013  Monday

    3-0 

    +1460+365+365=+2190

    +2190$
    ----------------------------------------------------------
    Day 2. April 30th 2013  Tuesday

    1-0  (1 trade pending till May 31 2013)

    +365$
    ----------------------------------------------------------
    Day 3. May 1st  2013  Wednesday

    1-0 

    +730$
    ----------------------------------------------------------
    Day 4. May 2nd  2013  Thursday

    1-0 

    +365$
    ----------------------------------------------------------
    Day 5. May 3nd  2013  Thursday

    2-0 (both pending trades of Austrian cashed)

    +760$
    --------------------------------------------------------------
    --------------------------------------------------------------
    Total for 5 days

    8-0  (1 position is pending for May 31)

    +4410
     
    SportsMavin
    SportsMavin
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    Posted: May. 3, 2013 - 11:23 PM ET #585

    Austrian              5-0    +1855$   

    SportsMavin       1-0   +1460$    (1 trade pending May 31 2013)

    phixer                  1-0     +730$

    Zeppelinkevin     1-0     +365$
    Reply
    Austrian              5-0    +1855$   

    SportsMavin       1-0   +1460$    (1 trade pending May 31 2013)

    phixer                  1-0     +730$

    Zeppelinkevin     1-0     +365$
     
    Realchosen1
    Realchosen1
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    Posted: May. 4, 2013 - 1:15 AM ET #586

    So they ever gong to open to states ?

    Reply
    So they ever gong to open to states ?

     
    SportsMavin
    SportsMavin
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    Posted: May. 4, 2013 - 1:26 AM ET #587

    Quote Originally Posted by Realchosen1:

    So they ever gong to open to states ?

    We found the way to do it and many are already trading as far as I know and doing it pretty in orderly and absolutely legal way.
    Reply
    Quote Originally Posted by Realchosen1:

    So they ever gong to open to states ?

    We found the way to do it and many are already trading as far as I know and doing it pretty in orderly and absolutely legal way.
     
    meraby
    meraby
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    Posted: May. 4, 2013 - 1:34 AM ET #588

    Quote Originally Posted by Realchosen1:

    So they ever gong to open to states ?

    I've made the whole cycle of registering, depositing and withdrawing a while ago. You gotta register from IP Address outside USA and deposit and withdraw using your bank via wire transfer. 
    Reply
    Quote Originally Posted by Realchosen1:

    So they ever gong to open to states ?

    I've made the whole cycle of registering, depositing and withdrawing a while ago. You gotta register from IP Address outside USA and deposit and withdraw using your bank via wire transfer. 
     
    Realchosen1
    Realchosen1
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    Posted: May. 4, 2013 - 1:37 AM ET #589

    So guessing I need to sign up while in Bahamas later this month
    Reply
    So guessing I need to sign up while in Bahamas later this month
     
    meraby
    meraby
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    Posted: May. 4, 2013 - 9:10 AM ET #590

    Quote Originally Posted by Realchosen1:

    So guessing I need to sign up while in Bahamas later this month
    He he
    You might as well get a VPN and register from Canadian or Mexican address. And give a Bahamian address you're going to be at. Anyway, I suggest you pm me for precise instructions doing that
    Reply
    Quote Originally Posted by Realchosen1:

    So guessing I need to sign up while in Bahamas later this month
    He he
    You might as well get a VPN and register from Canadian or Mexican address. And give a Bahamian address you're going to be at. Anyway, I suggest you pm me for precise instructions doing that
     
    Hekili1
    Hekili1
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    Posted: May. 5, 2013 - 7:27 AM ET #591

    Mavin...trying to send you friend request and PM.  Live in US and want to find out how to start trading...thanks!
    Reply
    Mavin...trying to send you friend request and PM.  Live in US and want to find out how to start trading...thanks!
     
    SportsMavin
    SportsMavin
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    Posted: May. 5, 2013 - 3:13 PM ET #592

    Quote Originally Posted by Hekili1:

    Mavin...trying to send you friend request and PM.  Live in US and want to find out how to start trading...thanks!
    I didn't receive any friend request from you. You must hit the save after you send a friend request. 
    Reply
    Quote Originally Posted by Hekili1:

    Mavin...trying to send you friend request and PM.  Live in US and want to find out how to start trading...thanks!
    I didn't receive any friend request from you. You must hit the save after you send a friend request. 
     
    wallstreetcappers
    wallstreetcappers
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    Posted: May. 5, 2013 - 3:59 PM ET #593

    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


    Reply
    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


     
    SportsMavin
    SportsMavin
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    Posted: May. 5, 2013 - 6:29 PM ET #594

    Quote Originally Posted by wallstreetcappers:

    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


    Wallstreetcapper, with all due respect - and you know well that I do respect you personally and the rules and regulations of Covers - I did not ask to PM me about discussing anything and in two three comments above this one Meraby has clearly explained everything that should not or should be discussed in regard of opening account from the US. Hekili1 wrote that he tried to send a Friend Request and PM me - and I explained how to make a friend request in a proper way - I did not ask him to PM me . However - I don't think that I or any member of this thread gave any reason for being so suspicious about sending PMs to each other which bu itself is a part of the functions of this site. I can assure you that nothing that breaches the rules and regulations is done there and I do not want to feel under the gun all the time. I think I am doing a good service to people here and the Covers itself. Now, I'd like to you to PM me please because I don't like to be threatened for no reason as that contemplates bullying in my understanding and I won't be bullied by anyone including you Sir!
    Reply
    Quote Originally Posted by wallstreetcappers:

    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


    Wallstreetcapper, with all due respect - and you know well that I do respect you personally and the rules and regulations of Covers - I did not ask to PM me about discussing anything and in two three comments above this one Meraby has clearly explained everything that should not or should be discussed in regard of opening account from the US. Hekili1 wrote that he tried to send a Friend Request and PM me - and I explained how to make a friend request in a proper way - I did not ask him to PM me . However - I don't think that I or any member of this thread gave any reason for being so suspicious about sending PMs to each other which bu itself is a part of the functions of this site. I can assure you that nothing that breaches the rules and regulations is done there and I do not want to feel under the gun all the time. I think I am doing a good service to people here and the Covers itself. Now, I'd like to you to PM me please because I don't like to be threatened for no reason as that contemplates bullying in my understanding and I won't be bullied by anyone including you Sir!
     
    SportsMavin
    SportsMavin
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    Posted: May. 5, 2013 - 6:35 PM ET #595

    All the US residents that want to trade binaries in a regulated company - please use VPN while registering and use wire transfer method to deposit and withdraw. That is all there is. Please guys - I don't want to deprive everyone of the opportunity to create an additional source of monthly income only because I try to help those who have been deprived of that by their own legislators. And remember to respect the rules and regulations of our hosting site - the Covers to whom I express gratitude and not for the first time - for giving us this opportunity to discuss freely 
    Reply
    All the US residents that want to trade binaries in a regulated company - please use VPN while registering and use wire transfer method to deposit and withdraw. That is all there is. Please guys - I don't want to deprive everyone of the opportunity to create an additional source of monthly income only because I try to help those who have been deprived of that by their own legislators. And remember to respect the rules and regulations of our hosting site - the Covers to whom I express gratitude and not for the first time - for giving us this opportunity to discuss freely 
     
    SportsMavin
    SportsMavin
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    Posted: May. 5, 2013 - 6:39 PM ET #596

    Quote Originally Posted by wallstreetcappers:

    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


    Please take the word "bullying" out of the context of my previous message - I simply got mad at the fact that I was to be suspected of promoting anything or anyone. 
    Reply
    Quote Originally Posted by wallstreetcappers:

    Any more reference to outside actions from this thread and I will have to move it to our promotions area.

    Anything that needs to be discussed needs to be done here in the open.


    Please take the word "bullying" out of the context of my previous message - I simply got mad at the fact that I was to be suspected of promoting anything or anyone. 
     
    wallstreetcappers
    wallstreetcappers
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    Posts: 58430
    Posted: May. 5, 2013 - 7:07 PM ET #597

    This is nothing personal towards you, but since you are such a new member you do not know the context as to why we ask that things stay in the open.

    People get involved and exchange information and it OFTEN leads to big problems..and since people found each other via Covers, it regularly brings the problems back to Covers..and we are not fond of sorting out disagreements when people break the rules and come back to Covers and attack.

    So please keep things out in the open, especially when you are discussing ways to defraud US regulations on our forums.


    Reply
    This is nothing personal towards you, but since you are such a new member you do not know the context as to why we ask that things stay in the open.

    People get involved and exchange information and it OFTEN leads to big problems..and since people found each other via Covers, it regularly brings the problems back to Covers..and we are not fond of sorting out disagreements when people break the rules and come back to Covers and attack.

    So please keep things out in the open, especially when you are discussing ways to defraud US regulations on our forums.


     
    SportsMavin
    SportsMavin
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    Joined: Dec, 2012
    Posts: 5295
    Posted: May. 5, 2013 - 7:20 PM ET #598

    Quote Originally Posted by wallstreetcappers:

    This is nothing personal towards you, but since you are such a new member you do not know the context as to why we ask that things stay in the open.

    People get involved and exchange information and it OFTEN leads to big problems..and since people found each other via Covers, it regularly brings the problems back to Covers..and we are not fond of sorting out disagreements when people break the rules and come back to Covers and attack.

    So please keep things out in the open, especially when you are discussing ways to defraud US regulations on our forums.


    I understand. But I have to make a very strong objection to the term Defraud US regulations and I will explain: the re is no US law prohibiting any of it's residents or Citizens to trade Binary Options. It is the Patriot act that obligates companies operating binary options platforms not to register US citizens and residents. So, no one has an intention to defraud anyone as the person who is betting with 5dimes or with local bookie the Superbowl is not exactly defrauding US government or its regulations. It is the legislator who defrauds its citizens and law abiding and tax paying residents forcing them to take bets with local bookies and 5dimes. Same is with Binaries - by preventing the trading platform - US legislator encourages the people into investing their money in venues comfortable to US government and when every tom person and harry around the globe enjoys the privilege to make money in a relatively easy way trading binaries - US government says -NIET
    Reply
    Quote Originally Posted by wallstreetcappers:

    This is nothing personal towards you, but since you are such a new member you do not know the context as to why we ask that things stay in the open.

    People get involved and exchange information and it OFTEN leads to big problems..and since people found each other via Covers, it regularly brings the problems back to Covers..and we are not fond of sorting out disagreements when people break the rules and come back to Covers and attack.

    So please keep things out in the open, especially when you are discussing ways to defraud US regulations on our forums.


    I understand. But I have to make a very strong objection to the term Defraud US regulations and I will explain: the re is no US law prohibiting any of it's residents or Citizens to trade Binary Options. It is the Patriot act that obligates companies operating binary options platforms not to register US citizens and residents. So, no one has an intention to defraud anyone as the person who is betting with 5dimes or with local bookie the Superbowl is not exactly defrauding US government or its regulations. It is the legislator who defrauds its citizens and law abiding and tax paying residents forcing them to take bets with local bookies and 5dimes. Same is with Binaries - by preventing the trading platform - US legislator encourages the people into investing their money in venues comfortable to US government and when every tom person and harry around the globe enjoys the privilege to make money in a relatively easy way trading binaries - US government says -NIET
     
    Hekili1
    Hekili1
    Prospect
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    Joined: Nov, 2012
    Posts: 161
    Posted: May. 5, 2013 - 8:28 PM ET #599

    Found this on a legit site...doing more research.

    Are Binary Options Legal In The US?

    The legality of binary options in the US can be delved into two levels: whether brokers can lawfully operate in the US and whether Americans can lawfully trade binary options. The answer to both levels is a simple YES. In 2007, the Options Clearing Corporation(OCC) proposed a ruling which would legally permit binary options and in 2008, binary options have been approved by the Securities and Exchange Commission (SEC), listing binary options as a cash-or-nothing security.

    Then, in mid-2008 American Stock Exchange (Amex) and Chicago Board Operations Exchange (CBOE) both started to list binary options as a cash-or-nothing security. In 2009, the North American Derivatives Exchange (NADEX) included binary options in one of its trading platforms.

    However, a strict restriction is imposed. Americans can freely trade with binary options for as long as the broker they are engaging with is legitimate. That means that the broker should have processed the legal procedures in establishing its business in the home country that it is operating in and that the federal government has not banned it from transacting business with US citizens.

    Reply

    Found this on a legit site...doing more research.

    Are Binary Options Legal In The US?

    The legality of binary options in the US can be delved into two levels: whether brokers can lawfully operate in the US and whether Americans can lawfully trade binary options. The answer to both levels is a simple YES. In 2007, the Options Clearing Corporation(OCC) proposed a ruling which would legally permit binary options and in 2008, binary options have been approved by the Securities and Exchange Commission (SEC), listing binary options as a cash-or-nothing security.

    Then, in mid-2008 American Stock Exchange (Amex) and Chicago Board Operations Exchange (CBOE) both started to list binary options as a cash-or-nothing security. In 2009, the North American Derivatives Exchange (NADEX) included binary options in one of its trading platforms.

    However, a strict restriction is imposed. Americans can freely trade with binary options for as long as the broker they are engaging with is legitimate. That means that the broker should have processed the legal procedures in establishing its business in the home country that it is operating in and that the federal government has not banned it from transacting business with US citizens.

     
     
    SportsMavin
    SportsMavin
    Banned
    Participation Meter
    Joined: Dec, 2012
    Posts: 5295
    Posted: May. 5, 2013 - 9:10 PM ET #600

    Quote Originally Posted by Hekili1:

    Found this on a legit site...doing more research.

    Are Binary Options Legal In The US?

    The legality of binary options in the US can be delved into two levels: whether brokers can lawfully operate in the US and whether Americans can lawfully trade binary options. The answer to both levels is a simple YES. In 2007, the Options Clearing Corporation(OCC) proposed a ruling which would legally permit binary options and in 2008, binary options have been approved by the Securities and Exchange Commission (SEC), listing binary options as a cash-or-nothing security.

    Then, in mid-2008 American Stock Exchange (Amex) and Chicago Board Operations Exchange (CBOE) both started to list binary options as a cash-or-nothing security. In 2009, the North American Derivatives Exchange (NADEX) included binary options in one of its trading platforms.

    However, a strict restriction is imposed. Americans can freely trade with binary options for as long as the broker they are engaging with is legitimate. That means that the broker should have processed the legal procedures in establishing its business in the home country that it is operating in and that the federal government has not banned it from transacting business with US citizens.

    Well done. Regulated companies answer that but still are not openly accepting US players although with VPN and wire transfer everything is well
    Reply
    Quote Originally Posted by Hekili1:

    Found this on a legit site...doing more research.

    Are Binary Options Legal In The US?

    The legality of binary options in the US can be delved into two levels: whether brokers can lawfully operate in the US and whether Americans can lawfully trade binary options. The answer to both levels is a simple YES. In 2007, the Options Clearing Corporation(OCC) proposed a ruling which would legally permit binary options and in 2008, binary options have been approved by the Securities and Exchange Commission (SEC), listing binary options as a cash-or-nothing security.

    Then, in mid-2008 American Stock Exchange (Amex) and Chicago Board Operations Exchange (CBOE) both started to list binary options as a cash-or-nothing security. In 2009, the North American Derivatives Exchange (NADEX) included binary options in one of its trading platforms.

    However, a strict restriction is imposed. Americans can freely trade with binary options for as long as the broker they are engaging with is legitimate. That means that the broker should have processed the legal procedures in establishing its business in the home country that it is operating in and that the federal government has not banned it from transacting business with US citizens.

    Well done. Regulated companies answer that but still are not openly accepting US players although with VPN and wire transfer everything is well
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