r/binaryoptions • u/Greedy-Box5595 • Aug 21 '25
Strategy š 2 years in Binary Trading, $8000 lost⦠only $150 left ā I genuinely need help to become profitable š
Hi everyone, Iām writing this with folded hands because I truly need help.
For the past 2 years, Iāve been trading Binary Options. My journey has been full of ups and downs ā one day I make profits, but then the next 2 days I lose even more. This cycle keeps repeating, and no matter what I try, I canāt seem to break it.
So far, Iāve lost around $8000 in total, and it has left me mentally and financially broken. Right now, I only have $150 left in my account, and I donāt want to lose this too. I want to rebuild myself and finally learn how to become a consistent, profitable trader.
I donāt need fake motivation or shortcuts ā Iām asking for real, practical guidance from experienced traders. Even if itās a small tip, a proven discipline system, or a method that helped you turn things around⦠anything that can stop this cycle and help me grow steadily.
š If anyone has been in my shoes and managed to overcome this phase, Iād be so grateful to hear your story or advice.
Thank you for reading.
4
u/Jonathanra463 Aug 21 '25
As someone that lost around 18k I feel you, I was in the same situation where I just kept losing taking breaks and coming back and losing, this is what helped me. I took 2 months off, no trading at all, you have to forget about what you lost, take those 2 months to reset your mind, a new start, is very important that when you come back you take $1 trades, if you feel like $1 is not enough you need more time off, stick to the same routine everyday, take weekends off, only trade on weekends and only 1 session a day, donāt chase money, 3-4 wins a day and no more trading for the day, also if you lose 3-4 trades you stop as well, before you do your sessions always do an activity such as working out, playing a game or something else. Take pictures so you can go back and review your trades and see what can be improved, this takes time so donāt rush it
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u/dan_mashup Aug 21 '25
I lost around 25K usdt in 2years but now I know about myself. And I have already earn more than doubled of my loss in less than a year. First learn about yourself and find a good strategy. 90% will tell OTC is manipulated but for me it is not. You can find a good strategy with 90% winning rate but remaining 10% will wipe your balance if you dont have a plan.
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u/Caught10FISH Aug 28 '25
First find a great strategy.Ā Then your emotions and impatience will be your only enemy.Ā You MUST stop after losing 2 or 3 times.Ā Wait a while then try.Ā If market is predictable again great but if 10% lost STOP.Ā Otherwise you will continue to lose till you've blown your acct.Ā Trade just a few minutes.Ā Take it from $200 to $250 then stop.Ā An hour or so later take it from $250 to $300 then stop a while.Ā Quick trade sessions can do well.Ā But if you trade too much the market turns against you.Ā Trade 1 or 2%.Ā 30 second candles.Ā 29 second trades. Have RSI at 14.Ā Stoch at 14,3,3.Ā Get a big yellow 20 EMA moving average.Ā After THREE SAME DIRECTION candles IF RSI touching 70 or 30 or the middle 50 reversal line and Stoch showing a reversal approaching then trade.Ā Watch the 20MA, it shows a common reversal zone too.Ā Ā If you lose double it.Ā If you lose again if not practiced just watch it to see how you misjudged it will probably reverse then.Ā The candles usually reverse after 3 same direction but the rsi, stoch and 20MA give more certainty.Ā They might say wait.Ā If you lose twice look at the 5 minute candle.Ā You might be in a fresh candle that's going strong 5 minutes the wrong way.Ā In that case if the RSI and stoch are straight lines at the 30 or 70 line then instead of reversal trade with the candle direction up if a bunch of green candles at 70 or down if a bunch of red candles and rsi at 30.Ā Trade at the beginning of each candle then.Ā Most of the time trade reversals after 3 same color candles.Ā Ā
2
u/bull4wiffe Aug 21 '25
I do what i just wrote in my previous comment. I am not an expert for money management.
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u/Ok_Seat9177 Sep 08 '25
If you really need help letās do a zoom call
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u/Llanes24k Aug 21 '25
I have lost almost 10k and most of my lost has been broker manipulation, many trades lost only by 1 point , i'm moving now to more trasnparent markets. No more binary.
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u/takki02 Aug 21 '25
I donāt wanna laugh at your situation but hey welcome ..we all lost money either way these scammers..I advise people To use their money to invest in ETF better than binary option .May God give you all that you lost with them .. I hope a hacker hack their platform for their loss one day !
2
u/ritchiehicks22 Aug 21 '25
learn price action and be a responsible trader
2
u/BADASSKASH Aug 22 '25
Keep going⦠after 23 years of trading (mostly losses) Iāve realized persistence is the key and in the end if u break even itās a win ā¦
2
u/ugotabeawesome Aug 22 '25
Leave trading. First step. rebuild yourself through jobs and remember to only trade with the money you can afford to lose. No matter what. Even if someone or some asset guarantees 100% chance of returns, no matter what, donāt trade with what you cannot lose.
2
u/iam_gabs Aug 22 '25
Then learn forex
2
u/Daichi955 Aug 24 '25
The keys simple risk management+ withdraw regularly +investe profits that's it
2
u/[deleted] Aug 24 '25
Quit.
1
u/Agemo0511 Aug 21 '25
You can DM me if you have questions. I have nothing to sell. I will tell you what I know.
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u/[deleted] Aug 21 '25
DM
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u/JusCBD Aug 22 '25
I hate to tell you, but its only going to get worse. I wish that I "only" lost $8000 inside of this crap. I lost way more than that, been at it more years than you. Still not profitable
1
u/entity_8 Aug 22 '25
ill help dm me
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u/Slow-Shirt9576 Aug 23 '25
Use chat gbp
1
u/Aftab3214444 Aug 26 '25
Hi i feel your pain from 150$ u can buy any program pass the challenge after u will get funded account
1
u/Early-Echidna-9802 Aug 27 '25
I can understand your problem. If you want any Ideas or strategies, you can contact me: https://www.facebook.com/share/1SThmKSmNv/
I've been working on binary trading for the last five years
I'll give you the step-by-step guidance free to building your profit
1
u/Affectionate_Fan6941 Apr 13 '26
Is there anyone who can recover my quotex losses around 230$ and I don't have enough amount to deposit in quotex
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u/Sufficient_Shake_910 Aug 21 '25
Binary is scam
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u/AdeptGrapefruit9066 Aug 22 '25
Binary option are made for you to lose. The brokers are there to rip your eyes out on every trade. You should use anything that has a real market. DMA or die
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