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Thread: Binary options

  1. #1
    Wizard
    Join Date
    Oct 2011
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    A, A
    Posts
    2,573

    Binary options


  2. #2
    Junior Member
    Join Date
    May 2012
    Posts
    1
    Traded them to try it out, made some money, it seems simple at 1st, but as most of the R:R is always less than 1:1 your up against it from the word go, I put it through "Kelly" and couldnt get a positve result, for example if you trade 2% risk per trade every time you win on average its 80%, so that equates to a profit of 1.6% and everytime you lose, you lose, its 2% and obviously you can never take advantage of when price goes in your favour, your always restricted to 80% of your risk in your winnings, as with conventional trading you could risk 2% and go onto make 8% on a 4:1 trade. Also trading is hard enough without having the added problem of having a time limit on your trades.

    Other problem was when I asked for my money back, it took ages, eventually they gave me back my full depsoit, but not the money I won in my trades.

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