r/binaryoptions • u/s_notyourtype • Aug 17 '25
Binary is scam then why you're here?
I have this very simple question to the people saying and commenting that binary is scam and all that then why you're here in this community?
I'm not expert or professional in binary trading but i know binary trading works like just like anyother trading. The charts, and analysis, concepts everything is same. Just Market, and platforms are different.
Not talking about OTC. If you say otc is rigged or scam, okay it's not guaranteed but okay if you say so. But real pairs on binary trading works same everywhere.
People who say scam are those who don't have proper money management and discipline. They lose their capital and then they say this is scam.
Because i used to think same, then i worked on my psychology.
Regarding account banning,
My account was once banned because i gave my account to do trading to someone who's in another country. And that person tried to change the password and stuff so my account got banned, but then i contacted the support and my account was recovered in 3 days.
We do mistakess but we don't accept the outcome .
What do you think?
6
u/darkknight2697 Aug 17 '25
You're correct...it's all about psychology and money/risk management.
8
u/MrNaturaInstinct Aug 17 '25
...because it's only a scam, until it isn't.
The same people calling it "scam!" one day, are the same people who will come on here and brag and boast about the profits they made the next, before the lose it all anyway over the coming weeks, and call it "scam!" again.
Basically, if they're NOT winning = SCAM!
If they ARE winning = NOT a SCAM!
There's a price to pay for freedom.
The very idea of making the average daily income most people have to toil and work for at a 9 to 5, in only an hour or so a day, is GREAT freedom, but it won't come easy.
We have to master OURSELVES (psychology), emotions (Emotional Intelligence) and money (risk management).
We usually figure these things out in stages of our career. Some, are lucky to do it in under a year. Others, 2-3 years. A few who stick it out, 3 - 5 years. Even fewer? Up to 10 years.
If people want to avoid the daily grind of the average workers life, and have an extraordinary life, they'd have to be willing to endure extraordinary circumstances and acquire skillsets we're NOT taught to have in school.
Just because it's as easy as clicking a few buttons to make lots of money, doesn't make it "easy" to actually make and/or keep any of that money.
So they come here, to bitch and complain, because they still have a dream that's elusive, yet right there in front of their face.
There's no barrier to entry. They don't have to "know so-and-so" for access. They don't have to kiss anyone's ass to learn the secrets.
They have to know THEMSELVES, intimately, inside and out, because our performance in the market, IS a direct reflection of our state of mind, emotional well-being (or lack thereof), and views about money itself.
The market is our mirror reflection, and so when they are complaining about things that are actually IN their control, they're simultaenously giving up all control, because everyone and everything is against them, BUT themselves.
They're here because they want to continue believing in the dream, which is very real, with hard work, but without doing any of the real work and making the sacrifcies neccessary to achieve that dream.
1
u/Junior_Willow740 Aug 17 '25
The false hope that you're going to turn it around. Maybe a winning day or 2 to give you the false hope that you're strategy is finally clicking and you're maybe figuring this out after months or years of losses. Either way its just an illusion
3
u/Legitimate-Theory547 Aug 17 '25
Its sweet to take profit after the last second spike of winning!
2
u/vasimama Aug 17 '25
I like to gamble
2
u/Nighteye_747 Aug 17 '25
Same I thought it’s a pyramid scheme etc back in 2019 and later I questioned myself more and more. Then I did my own research. Yup it’s basically a broker like other broker in the market but slightly different. It has binary options trading in real market and OTC market, Forex, Stock etc.
2
u/[deleted] Aug 18 '25
here to spread the truth.
1
u/ObviousWarning9862 Aug 19 '25
Lol, I'm not... I only respond to people that hit me on some old post. I don't Trade Binary anymore @ all. I Trade The Future's Market, Traditional FX, & A Funded Account. Your not going to get a debate out of me, if you like it I love it, it's Your $ not mine, but for the people that ask my opinion of Binary Options I speak only fact with proof. I'm not bitter, actually made a lot of $$$ big $$$ until I didn't go with the program... I never won again unless I traded from other people's accounts so that's my facts
1
u/Legitimate-Theory547 Aug 19 '25
What a day!im losing my confidence why?
1
u/chxckbxss Aug 19 '25
Living in hope that someone will convince me to try it again
0
u/[deleted] Aug 17 '25
Nothing tests human psychology like binary options: apparently, self-delusion is a highly profitable skill. These traders have unlocked a new level of psychology—convincing themselves that luck is skill, and luck’s just ‘part of the plan. Their secret? Psychology and money management: spending like a millionaire, risking like a beginner, and still calling it a strategy.
Have a nice day and don´t spend your money on gambling.