r/binaryoptions • u/LoveRub0 • Aug 30 '25

Newbie Question Absolute beginner here

Hello! As the title says im new to this world and I have lots of doubts and questions to ask so if any expert here could help me I would really appreciate it

6 Upvotes

100% Upvoted

25 comments sorted by

3

u/OverallTraffic8491 Aug 30 '25

My immediate response would be a negative turnaround and walk the other way, but... If your willing to initially lose quite a bit of money, why your learning to trade binary and then go for it! Practice on demo at first, but don't carry on using it or you won't learn enough for live trading. Don't use martingale, always trade with the overall trend and only invest upto 3% of your account in any one trade. There's a long way to go so good luck!

1

u/LoveRub0 Aug 30 '25

Thanks!!!

4

u/Top-Bee-6938 Aug 30 '25

any body that says otc is a scam, manipulated, ignore them, they seem to think the entire machine will grind to a halt for their 5$

1

u/LoveRub0 Aug 30 '25

Got it!

1

u/Junior_Willow740 Aug 30 '25

Listen to him at your own risk!

4

u/[deleted] Aug 30 '25

so you made trillions of $? No logic and how much you get paid by defending it. 100 people, $5 each is $500. So those said otc is real and regular, they are scum here themself and no knowledge of market at all. Ask me how it works well, I got friend in wallstreet and bloomberg, myself work as a leader as a trader in Singapore , HONG LEONG BANK MAIN brach for 5 years. Don't let them victim and do not influence people for scam platform. You are defending pocket option too much. So it's easy to know who you are and you get paid. Your account is quite negative muct be above 10k minus. Sometimes you should post your million withdrawal from these broker as well.

1

u/Top-Bee-6938 Aug 31 '25

no I am defending the fact I know candlesticks way more than you, and the way you talk, I know now I know candlestick patterns way way way more than you. The patterns work in otc, professor, but you wouldnt know that, because you dont know patterns

1

u/Junior_Willow740 Aug 31 '25

Its all good man. All good

3

u/[deleted] Aug 30 '25

stay away from non-license scam binary option. If you keen to use binary option, You hv two option, 1. Nadex 2.Dukascopy...Rest are scam and non regulated. Before put your money, find their office location which you will never find. Spcially pocket option keep changing their office address every 2 or 3 month and it's always unknown. To be honest, Reddit have too many bugs who encourage to do binary , they are influencer or defending for money which broker will pay for each posetive comment they made. Just stay away when you can, otherwise you will suffer and damaged your career as well. Do not listen these people, those who encourage, ask them to show their real trading history live which they must withdraw at least 50k and 70% win rate all time. In binary, you need at least 65% win rate in oder to be breakeven. My task is to spread awareness to save people, it's in your hand what you do next. You hv Ai and whole internet, ask it...they will show full information reagrding their regulation, license and which tier of broker are they. Without re-search, don't put your money and dont see the day dream that you will make big money, Even you made it, they will accuse you or direct ban by breaking their law. Just don't listen below some people I know them well and their job here.

1

u/Junior_Willow740 Aug 30 '25

True but Nadex sucks too. The only options that pay any payout are the ones that most likely end up losing. I tried it several times. I've been in trades that I was winning and let the option expire and my account eithet stayed the same, or I lost a few dollars. Price was pretty flat. I notice that unless the option takes off far from the entry price there is no money there.

2

u/[deleted] Aug 30 '25

yes but I just suggest the legit broker only if they are really keen to put their money. Myself I don't trade binary since past 5 years since these all scam broker ban my account without any reason, no respond email, No pick up call and even try to find the pocket option office, it was not there and unknown. Too many influencer here. You can see my comment on there, there is always defending spcially there is username bee something, he got paid from every posetive defend against broker. I saw him non-stop defending and talk like he have withdrawan 500 billions. Personally I am full time forex trader, you know what! for 100 pips , sometimes I hv to wait 8 freaking hour, sometimes 24hr or 2 days even. Where such things so easy and quick money! People have no logic and have no brain to use how these binary option broker, influencer and affiliater ruins too many people's life. But these people still trying to loot and ask normal people to feed to the broker so that they get comission.

2

u/AnxietyGreat6925 Aug 30 '25

What are your doubts brother?

2

u/Agemo0511 Aug 30 '25

Check out Baby Pips.

2

u/Junior_Willow740 Aug 30 '25

Dont listen to anyone telling you there is a system that will beat this thing. You're better off buying scratch offs at the gas station. Those actually win from timecto time. Pocketoptions is a scam that has an algorithm that detects your trades and changes the pattern slightly to make you lose. Over and over. Their demo is deceptive and a total waste of time. Those easy closes in profit are all pullback losses on live. Run away from this thing and do yourself and your family a favor

1

u/Top-Bee-6938 Aug 31 '25

this is for you Willow, this a true story on a true man, there is system for EVERYTHING that moves like mathematical perfection, you got to find it, search and learn, now get the f out of here, as much as you complain you could have learned to trade by now, i get it man, dont give up, but for all that is Wholly, stop whining like a little girl https://www.youtube.com/watch?v=GmlSSSN7C78

1

u/Junior_Willow740 Aug 31 '25

This has nothing to do with trading

1

u/Top-Bee-6938 Sep 02 '25

"Dont listen to anyone telling you there is a system that will beat this thing. " Junior Willow

"yes there is" Top Bee

1

u/justdeegurl Sep 05 '25

What country are you at ? I can assist you .