/biz/ - Business & Finance

[Anonymous No.819414]

alright guys
lets talk binary option
I know what it is I did my research
but how can I get off the ground and actually go do it?

[Anonymous No.819424]

Take this shortcut

[Anonymous No.819431]

>I did my research
>how can I get off the ground and actually go do it?

Sounds like you suck at research.

[Anonymous No.819432]

>>819431
there are a lot of ways to start, I want the best advice so I don't get jewed up.

[Anonymous No.819434]

>>819424
/thread

Seriously OP. First of all, any entity that facilitates binary options is suspect in the first place. Most of them make it hard to withdraw, if not impossible.

Also, the game can easily be rigged. Your payouts/losses are determined by THEIR quoting system.

Again, most of these companies are off sore. Assuming you're in the US. They're not subject to ANY regulation. They can make up their own rules, adding to the difficulty you can incur while trying to withdraw, assuming you don't lose everything in 10 minutes.

That being said, I've done this.
Playing EUR/USD 30 second options, going all-in every time.
Started with $200, minimum.
>400
>800
>1600
>0
In ~10 minutes or so. I might have been worth the entertainment value.


Look at your risk. Without going too deeply into the probability... you're risk is basically 50/50. Ask yourself if there are more productive things you can do with your money.

[Anonymous No.819437]

>>819434
well. are there? what about algo trading?

[Anonymous No.819646]

>>819414
>>819620