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    All Forums | Investments

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

    «First Previous 567 ... 373839 Next Last»
    wtan168
    kumskull65
    SportsMavin
    Flapmen
    wallstreetcappers
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    Views: 64411
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    «First Previous 567 ... 373839 Next Last»
     
    wtan168
    wtan168
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    Posts: 38
    Posted: Feb. 13, 2013 - 7:35 AM ET #101

    Hi Mavin, do you know whether we need to turnover the deposit amount before withdrawal ?. If I deposit $10k, can I withdraw the $10k deposit (without ever wagering it) and just use the bonus earned to bet ?. Thanks buddy.
    Reply
    Hi Mavin, do you know whether we need to turnover the deposit amount before withdrawal ?. If I deposit $10k, can I withdraw the $10k deposit (without ever wagering it) and just use the bonus earned to bet ?. Thanks buddy.
     
    kumskull65
    kumskull65
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    Posted: Feb. 13, 2013 - 7:35 AM ET #102

    Hi Mavin i have been following your picks recently and i'm glad making some cash here and there...preferred to stay as a guest until u andpixer started talking about binary = SUM$$$$. immediately without a sec thought i registered and now here sent you a friend request. Need your assistance... Hope i didn't offend you in any way. Waiting for your kind reply.. Kumskull65...
    Reply
    Hi Mavin i have been following your picks recently and i'm glad making some cash here and there...preferred to stay as a guest until u andpixer started talking about binary = SUM$$$$. immediately without a sec thought i registered and now here sent you a friend request. Need your assistance... Hope i didn't offend you in any way. Waiting for your kind reply.. Kumskull65...
     
    kumskull65
    kumskull65
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    Posted: Feb. 13, 2013 - 7:42 AM ET #103

    i was into binary options before. recently they came out with the 60secs investing. Damm i don;t understand it...
    Reply
    i was into binary options before. recently they came out with the 60secs investing. Damm i don;t understand it...
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 8:45 AM ET #104

    Quote Originally Posted by wtan168:

    Hi Mavin, do you know whether we need to turnover the deposit amount before withdrawal ?. If I deposit $10k, can I withdraw the $10k deposit (without ever wagering it) and just use the bonus earned to bet ?. Thanks buddy.
    Ha ha ha. That would be great ah? Come up with 100,000 and bank the 10,000. NO. If someone tells you that you can deposit X amount and can get bonus X.3 and withdraw X right away and still have your .3 left to trade with - STAY AWAY. That will be not true and fishy. Of course you have to turn the bonus numerous times before the bonus will be available for withdrawal. What I say is 1. I can help reducing the number of turnovers by talking to optionrally. 2. You can anytime withdraw the full amount deposited simply by giving up on a bonus. 3. So far neither me or the guys who follow me did not have to get there as withdrawals have been from profits and the bonus became available (for me in the beginning) after few days of trading. 
    The subject of bonus is profitable when you win and in binary options 62% is very achievable number as it is not sports and at that number - you're already winning. For an example even if I ignore big winners and only take posted positions here - it is 4-1 which is 80% and even if I maintain rate of 2 to 1 (66%)  - I'm still doing a fortune. To be on a pesimistic side - take a week of trading before being able to cash 30 - 35% bonus.
    The important thing is that after you do the things right - and that depends on your self discipline and ability to replicate what I do at least at the beginning of your trading carrier - you'll be more than fine.
    The added value is my ability to have a say as a long and valued client and that I will surrender to all of your benefit with pleasure
    Reply
    Quote Originally Posted by wtan168:

    Hi Mavin, do you know whether we need to turnover the deposit amount before withdrawal ?. If I deposit $10k, can I withdraw the $10k deposit (without ever wagering it) and just use the bonus earned to bet ?. Thanks buddy.
    Ha ha ha. That would be great ah? Come up with 100,000 and bank the 10,000. NO. If someone tells you that you can deposit X amount and can get bonus X.3 and withdraw X right away and still have your .3 left to trade with - STAY AWAY. That will be not true and fishy. Of course you have to turn the bonus numerous times before the bonus will be available for withdrawal. What I say is 1. I can help reducing the number of turnovers by talking to optionrally. 2. You can anytime withdraw the full amount deposited simply by giving up on a bonus. 3. So far neither me or the guys who follow me did not have to get there as withdrawals have been from profits and the bonus became available (for me in the beginning) after few days of trading. 
    The subject of bonus is profitable when you win and in binary options 62% is very achievable number as it is not sports and at that number - you're already winning. For an example even if I ignore big winners and only take posted positions here - it is 4-1 which is 80% and even if I maintain rate of 2 to 1 (66%)  - I'm still doing a fortune. To be on a pesimistic side - take a week of trading before being able to cash 30 - 35% bonus.
    The important thing is that after you do the things right - and that depends on your self discipline and ability to replicate what I do at least at the beginning of your trading carrier - you'll be more than fine.
    The added value is my ability to have a say as a long and valued client and that I will surrender to all of your benefit with pleasure
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 8:51 AM ET #105

    Quote Originally Posted by kumskull65:

    Hi Mavin i have been following your picks recently and i'm glad making some cash here and there...preferred to stay as a guest until u andpixer started talking about binary = SUM$$$$. immediately without a sec thought i registered and now here sent you a friend request. Need your assistance... Hope i didn't offend you in any way. Waiting for your kind reply.. Kumskull65...
    I accepted your friend request. Why would I get offended? Feel free buddy - this is a free world
    Reply
    Quote Originally Posted by kumskull65:

    Hi Mavin i have been following your picks recently and i'm glad making some cash here and there...preferred to stay as a guest until u andpixer started talking about binary = SUM$$$$. immediately without a sec thought i registered and now here sent you a friend request. Need your assistance... Hope i didn't offend you in any way. Waiting for your kind reply.. Kumskull65...
    I accepted your friend request. Why would I get offended? Feel free buddy - this is a free world
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 8:52 AM ET #106

    Quote Originally Posted by kumskull65:

    i was into binary options before. recently they came out with the 60secs investing. Damm i don;t understand it...
    Stay away from 60 seconds trading - That's where you get killed.
    Reply
    Quote Originally Posted by kumskull65:

    i was into binary options before. recently they came out with the 60secs investing. Damm i don;t understand it...
    Stay away from 60 seconds trading - That's where you get killed.
     
    Flapmen
    Flapmen
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    Joined: Mar, 2011
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    Posted: Feb. 13, 2013 - 11:10 AM ET #107

    Hi Mavin, i've been following your picks and i am interested in binary options. i already open an account on optionrally but i dnt know if you can give me a little more information about this matter. i a going to send you a friend request. Thank you very much in advance.
    Reply
    Hi Mavin, i've been following your picks and i am interested in binary options. i already open an account on optionrally but i dnt know if you can give me a little more information about this matter. i a going to send you a friend request. Thank you very much in advance.
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 1:03 PM ET #108

    EUR/USD corrected downwards and reached a level of 1.3424. Since then, the currency pair rose slightly and is now traded at around 1.3451, targeting 1.3460 in the short-run.

    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/13

    Reply

    EUR/USD corrected downwards and reached a level of 1.3424. Since then, the currency pair rose slightly and is now traded at around 1.3451, targeting 1.3460 in the short-run.

    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/13

     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 1:21 PM ET #109

    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/13

    Reply
    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/13

     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 1:23 PM ET #110

    I can identify Gold drop in price by MACD and Bollinger as well /
    Reply
    I can identify Gold drop in price by MACD and Bollinger as well /
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 1:23 PM ET #111

    #110 Gold PUT as I see the indicators pointing down
    Reply
    #110 Gold PUT as I see the indicators pointing down
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Feb. 13, 2013 - 3:28 PM ET #112

    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


    Reply
    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 4:09 PM ET #113

    Quote Originally Posted by SportsMavin:

    EUR/USD corrected downwards and reached a level of 1.3424. Since then, the currency pair rose slightly and is now traded at around 1.3451, targeting 1.3460 in the short-run.

    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/13


    Result
    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/131.34498$ 50.00
    LOSS.  50$ Kindly reimbursed by optionrally -    -950      lost by 0.00067
    Reply
    Quote Originally Posted by SportsMavin:

    EUR/USD corrected downwards and reached a level of 1.3424. Since then, the currency pair rose slightly and is now traded at around 1.3451, targeting 1.3460 in the short-run.

    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/13


    Result
    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/131.34498$ 50.00
    LOSS.  50$ Kindly reimbursed by optionrally -    -950      lost by 0.00067
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 4:12 PM ET #114

    Quote Originally Posted by SportsMavin:

    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/13

    Result
    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/131,643.114$ 1730.00
    WIN   +730$    Won by  0.524      
    Reply
    Quote Originally Posted by SportsMavin:

    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/13

    Result
    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/131,643.114$ 1730.00
    WIN   +730$    Won by  0.524      
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 4:16 PM ET #115

    Quote Originally Posted by wallstreetcappers:

    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


    MACD and Bollinger proved to be a better Indicators than Short Term technicals this time. But, you gotta agree looking at the EUR/USD that was simply unlucky break at the position getting as this PM indicates:
    From: Enjoi
    To:SportsMavin
    Sent:2/13/2013 1:56:25 PM
    Subject:RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Hey Mav, over here !
    Message:

    did you not cash on the EUR/USD? i followed you and made a profit. Yes Gold is looking great. Let me know as soon as you get your twitter up and running. Cheers 
    Reply
    Quote Originally Posted by wallstreetcappers:

    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


    MACD and Bollinger proved to be a better Indicators than Short Term technicals this time. But, you gotta agree looking at the EUR/USD that was simply unlucky break at the position getting as this PM indicates:
    From: Enjoi
    To:SportsMavin
    Sent:2/13/2013 1:56:25 PM
    Subject:RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Hey Mav, over here !
    Message:

    did you not cash on the EUR/USD? i followed you and made a profit. Yes Gold is looking great. Let me know as soon as you get your twitter up and running. Cheers 
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 4:19 PM ET #116

    Quote Originally Posted by wallstreetcappers:

    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


    As you see I did follow your kind advice and doing it in a slow steps avoiding confusion as I share your concerns about our fellow men. I'd love your input more than "Afikoman" (after party) remarks as I do think you have more to offer here than simple "Do"s and "Dont"s
    Reply
    Quote Originally Posted by wallstreetcappers:

    Short term technicals can be wrong for a VERY long time..

    Learned that lesson quite a few times.


    As you see I did follow your kind advice and doing it in a slow steps avoiding confusion as I share your concerns about our fellow men. I'd love your input more than "Afikoman" (after party) remarks as I do think you have more to offer here than simple "Do"s and "Dont"s
     
    SportsMavin
    SportsMavin
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    Joined: Dec, 2012
    Posts: 5295
    Posted: Feb. 13, 2013 - 4:49 PM ET #117

    96675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/130.00000$ 0.00
    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/130.00000$ 0.00
    Reply
    96675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/130.00000$ 0.00
    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/130.00000$ 0.00
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Feb. 13, 2013 - 4:52 PM ET #118

    Quote Originally Posted by SportsMavin:

    As you see I did follow your kind advice and doing it in a slow steps avoiding confusion as I share your concerns about our fellow men. I'd love your input more than "Afikoman" (after party) remarks as I do think you have more to offer here than simple "Do"s and "Dont"s


    My comment was that using technical indicators can be wrong for a VERY long time..they bottom out or top out and dont register outside a certain range.

    If you pull up a chart using technicals (MACD etc) you will find MANY times that extremes levels are hit and it keeps going in the direction it allegedly exceeded.

    I think trending is a better indicator than RSI/MACD/Money Flow/BB etc etc..


    Reply
    Quote Originally Posted by SportsMavin:

    As you see I did follow your kind advice and doing it in a slow steps avoiding confusion as I share your concerns about our fellow men. I'd love your input more than "Afikoman" (after party) remarks as I do think you have more to offer here than simple "Do"s and "Dont"s


    My comment was that using technical indicators can be wrong for a VERY long time..they bottom out or top out and dont register outside a certain range.

    If you pull up a chart using technicals (MACD etc) you will find MANY times that extremes levels are hit and it keeps going in the direction it allegedly exceeded.

    I think trending is a better indicator than RSI/MACD/Money Flow/BB etc etc..


     
    SportsMavin
    SportsMavin
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    Joined: Dec, 2012
    Posts: 5295
    Posted: Feb. 13, 2013 - 5:03 PM ET #119

    Result
    596675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/131.03690$ 1760.00
    Yes. Win . The big one and looks good for another one expiring in half an hour! 
    WIN +760$         The win by 0.00103   
    Reply
    Result
    596675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/131.03690$ 1760.00
    Yes. Win . The big one and looks good for another one expiring in half an hour! 
    WIN +760$         The win by 0.00103   
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 5:45 PM ET #120

    Quote Originally Posted by wallstreetcappers:



    My comment was that using technical indicators can be wrong for a VERY long time..they bottom out or top out and dont register outside a certain range.

    If you pull up a chart using technicals (MACD etc) you will find MANY times that extremes levels are hit and it keeps going in the direction it allegedly exceeded.

    I think trending is a better indicator than RSI/MACD/Money Flow/BB etc etc..


    Although I agree with you that at times trending is a better indicator - I can not really say that there is a decisive advantage in trending. For me it works better when all the indicators are in place, After all this is mostly a short and mid term trading and you got to be decisive based on experience. I appreciate your input Wallstreetcappers and looking forward to you further contribution
    Reply
    Quote Originally Posted by wallstreetcappers:



    My comment was that using technical indicators can be wrong for a VERY long time..they bottom out or top out and dont register outside a certain range.

    If you pull up a chart using technicals (MACD etc) you will find MANY times that extremes levels are hit and it keeps going in the direction it allegedly exceeded.

    I think trending is a better indicator than RSI/MACD/Money Flow/BB etc etc..


    Although I agree with you that at times trending is a better indicator - I can not really say that there is a decisive advantage in trending. For me it works better when all the indicators are in place, After all this is mostly a short and mid term trading and you got to be decisive based on experience. I appreciate your input Wallstreetcappers and looking forward to you further contribution
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 6:36 PM ET #121

    Result
    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/131.03595$ 1760.00
    Yes. Another win. This one was a straight continuation to a previous win. Although by a smaller margin (0.00012) but in binary options it does not matter how big or a small a margin. I show it for learning purposes only as of how good this or that position was.
    WIN.  +760$
    Reply
    Result
    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/131.03595$ 1760.00
    Yes. Another win. This one was a straight continuation to a previous win. Although by a smaller margin (0.00012) but in binary options it does not matter how big or a small a margin. I show it for learning purposes only as of how good this or that position was.
    WIN.  +760$
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 7:06 PM ET #122

    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/131.34498$ 50.00
    First trade was a loss of -950$

    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/131,643.114$ 1730.00
    Second Trade was a win +730$
    Reply
    596397$ 1000EUR/USD13:02 13/02/131.34565 13:45 13/02/131.34498$ 50.00
    First trade was a loss of -950$

    596428$ 1000GOLD13:20 13/02/131,644.638 16:00 13/02/131,643.114$ 1730.00
    Second Trade was a win +730$
     
    SportsMavin
    SportsMavin
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    Posted: Feb. 13, 2013 - 7:10 PM ET #123

    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/131.03595$ 1760.00
    Third trade was a win as well +760$
    596675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/131.03690$ 1760.00
    So was the Fourth trade. +760$

     (I place them by a serial order and not a chronological of expiry times)


    Reply
    596669$ 1000AUD/USD16:43 13/02/131.03583 18:30 13/02/131.03595$ 1760.00
    Third trade was a win as well +760$
    596675$ 1000AUD/USD16:47 13/02/131.03587 17:00 13/02/131.03690$ 1760.00
    So was the Fourth trade. +760$

     (I place them by a serial order and not a chronological of expiry times)


     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 7:18 PM ET #124

    Summarizing:
    Monday
    3-1
    total trade sum 6500$  
    total return 10400$ 
    profit +3900$  
    ROI  60%

    Wednesday (Today)
    3-1
    total trade sum 4000$
    total return  5300$
    profit  +1300$
    ROI  32.5%

    Total:
    6-2
    total trade sum 10500$
    total return 15700$
    profit  +5200$
    ROI  49.5% 
    Reply
    Summarizing:
    Monday
    3-1
    total trade sum 6500$  
    total return 10400$ 
    profit +3900$  
    ROI  60%

    Wednesday (Today)
    3-1
    total trade sum 4000$
    total return  5300$
    profit  +1300$
    ROI  32.5%

    Total:
    6-2
    total trade sum 10500$
    total return 15700$
    profit  +5200$
    ROI  49.5% 
     
     
    SportsMavin
    SportsMavin
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    Posts: 5295
    Posted: Feb. 13, 2013 - 7:21 PM ET #125

    @Wallstreetcappers. Am I allowed to give a tweeter account name? It is only for a convenience alerts that will direct the followers to a thread. I have no intentions whatsoever of touting as you know. I am asking you this because of your capacity as the cover's linesman
    Reply
    @Wallstreetcappers. Am I allowed to give a tweeter account name? It is only for a convenience alerts that will direct the followers to a thread. I have no intentions whatsoever of touting as you know. I am asking you this because of your capacity as the cover's linesman
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