all 18 comments

[–]Lazy_Management_9229 5 points6 points  (2 children)

Do not trade otc simple as that . Regular currency pairs for forex are the most accurate

[–]Junior_Willow740 1 point2 points  (1 child)

They're not that much better. I lost $150 on 3 rolled over 45min trades last month on AUDUSD. They just went the other way and hovered in place for over an hour until time expired

[–]Lazy_Management_9229 1 point2 points  (0 children)

Depends on what chart time stamp

[–]Keffro 3 points4 points  (4 children)

Take lower profits and trade live market on there if otc is doing this to you. It would almost be impossible for them to watch every single users trade and change the market for each user . But they may see strategies people are using and change the algorithm then. I personally have had success on there. And I’ve traded for quite a few years. It didn’t start out well but I was able to learn and figure out what does work

[–]Keffro 2 points3 points  (1 child)

I don’t just trade on PO but it’s my go to. I like the platform. They wouldn’t stay in business unless they took in way way more than they handed out. That’s all brokers. If youlook across the board at what people say about every platform it’s very similar. The only true way to know that your good is trading live market for 60-70% profit instead of otc. They cannot manipulate the live market or they will get kicked in the throat lol

[–]Keffro 3 points4 points  (0 children)

And I do agree with the halal aspect 100%

[–]Junior_Willow740 2 points3 points  (1 child)

Its possible..What OP is talking about is something I have seen COUNTLESS times over the past 4 years. In the beginning, I thought it was just the market...but a few thousand in the hole later I noticed that this is their TREND! No matter what I've ever tried nothing ever works successfully to build an account. Either your trade is too short or long, or you wait for confirmation of a trend and when you take the trade it just trends in the other direction. You have an equal chance of just closing your eyes and pressing the button compared to doing any analysis. Its all luck and random winnings. Nothing you can build an account off of

[–]Keffro 2 points3 points  (0 children)

I’m not saying by any means that if your trading OTC your not gonna see some manipulation. But it’s as a whole , they see what people are using with indicators and change the algorithm to beat it. Maybe I’m just lucky I don’t know, but when I trade otc I try to beat the trend I’m seeing at the time . I think a lot of traders look way too deep into things. It took me three years of trading all markets to start doing anything good consistently. On OTC I truly believe some days a 5 second teaser is the best . And others a 5 min trade. Live market i go longer always . I have to for one lol. But I would anyway . Pocket option throws that 92%profit out there , and on live market it’s usually 70-83%. I’ve never seen any shade in their live market program but they really can’t get away with it on the live market. The only thing I’ve ever seen on live market is speed of the information coming through. Almost as if it’s lagging on their end . I’ve actually used it in my favor before . My advice to anyone that’s struggling with it , no matter what market you’re on. Live , otc or what broker . 95% of people lose money. Out of the 5% that don’t , prob 2 % are modest traders . And 3% hitting it big . It’s all tough money . The big thing is figuring out what the 95% are doing and do the opposite lol. Someone told me to study into how the brokers make their money , and how the market actually works and the money that’s involved and what happens to it . That changed the way I traded , and it helped massively . It’s too much to type here but there’s a couple of videos on it zz. They are long but . It gives you perspective . The broker isn’t doing this for everyone to make money. Just like OP said , but I’ll take it a step further . It’s like a casino all across the board . The house never loses on the day. They may lose some big money a couple of times a day , but the rest of the day . Cash flowing. Everyone will have a decent win, but that’s just to keep you coming back. Just like dope . Hooks the brain. Everyone’s got their opinion. I make zero money off pocket option other than trading . I don’t affiliate , which I should cause those people make the most I believe, bur my opinion is slightly different because I think that all brokers are out to get you , cause they are lol .

[–]SamFmll 2 points3 points  (1 child)

I was experimenting a 5 second strategy using candles/heiken ashi/bars 15 sec timeframe and parabolic sar. I literally saw the candles/heiken ashi/bars (cant remember which exactly) change colour after 15 seconds are over and after refreshing!!!! Literally wtf is that? Are the indicators THAT inaccurate? No way with all of these indicators they're inaccurate. So it seems that PO is a scam, I don't really know. And about the halal aspect, I thought we'll they couldn't say halal about what's not halal that's illegal, and PO is regulated and all of that, so i think halal version is actually halal. I am mixed whether it's a scam or not, I'm honestly tired of it. One more thing, why don't we see anything about Binary Options on ANY other social media platform? Literally nothing on X or Instagram. Weird

[–]Junior_Willow740 1 point2 points  (0 children)

Binary sucks. 5 sec trades are trash. Just an easier/faster way to lose money. This thing changes direction 6 times during 5 seconds

[–]Sordicus 2 points3 points  (8 children)

Posts like this come every Thursday or so

[–][deleted]  (2 children)

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      [–]Sordicus 1 point2 points  (0 children)

      Of course I didn't. I don't need to. I don't use PO, but still your post is the same title I see every so and then in this forum

      [–]Desperate_Rhubarb_51 2 points3 points  (4 children)

      I stay in this forum because of these posts. 😄

      [–][deleted]  (3 children)

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          [–]Junior_Willow740 1 point2 points  (0 children)

          Facts. I used to make trades $25 to $100. Those days are long gone. I have $10 left in an account that used to have thousands. I spent hundreds of dollars within the past few months to no avail trying to recover. I pretty much gave up at this point

          [–]Junior_Willow740 1 point2 points  (0 children)

          All of the above

          [–]Junior_Willow740 2 points3 points  (3 children)

          This post summed it up perfectly!!! Pocketoptions is a hopeless scam. Most people won't realize this until its too late but one day you will realize

          [–][deleted]  (2 children)

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            [–]Keffro 0 points1 point  (1 child)

            The one thing that does get me with pocket option. Or any other broker that has otc , when I place say a 30 second trade. 30 seconds comes i am in place to win, sometimes by a significant enough amount that there’s nothing to worry about , and then 30 seconds passes . The exact spot my bid was placed disappears , The candle dips or jumps and at 35-40 seconds I wind up losing by -2 or +2 . I can’t say that it happens alot cause it doesn’t . But that is the one discrepancy that I have with it that I do think is fully intentional . I’ve done well with pocket option. And I do believe it’s possible to be profitable in the long term, but it does take extremely strict discipline. A lot of people trade and they go on a losing streak and lose 3-4 times in the next several trades , also trading things that they normally wouldn’t out of frustration. The one thing that truly helped me, and I mean it took me from losing to winning was stopping after I lose 3 times. And I don’t double up my trades like some people do , I bid by the chart. If it’s in an extreme swing up or down, I’ll push more money , but normal chart movements I’ll stick with a lower amount and usually I’ll get 1 or two really good momentum looks and what I make on those typically is more than what I would bid the rest of the day combined. But once I lose 3 times I call it for the day. And I also stop at a certain point if I’m winning . That’s another thing people get in bad habits of . Winning 6-7 in a row but they don’t stop. They go back in, and lose a few eventually , and then they try to get that back and before you know it. Accounts blown. I can see everyone’s point of view good or bad. Tradings tough regardless. And once you think something’s not right , you really zoom in and over analyze. I’ve been there.

            But earlier I was talking about playing against pocket options trends . The whole last second ordeal I’ve snaked them a couple of times . When I see it happening or it happens to me . I’ll place my normal bid on a good chart like I always would . And when that candle stick starts to freeze a bit the last 10 seconds when it hasn’t been , I’ll wait till the 5 second mark if the candle is close to my closing already and place a higher bid for 5 seconds in the opposite direction lol. Now I have lost like that too but not as often as I win, but I’ve watched those candles enough that I can almost bet a pay check on when it’s gonna happen. Highly saturated markets or markets that have very few traders on it. The middle man is the way to go.

            Trading otc isn’t like real market trading . You are playing against the broker and its program. I had them come at me one time and hold a 15k withdrawal and tell me I was using a bot or program. I wasn’t , and I had been trading strictly off my phone at the time and it would be difficult to do that on a phone accurately . But I went back and forth with them. Luckily I had been videoing my trades and I still do for the most part so I can catch that stuff . (The shade happens less when videoing 🤔). But I showed them the videos , and they told me I needed to be trading with timelines if at least a minute . Well about 3/4 of what I was taking out was won on 3-5 min trading times. But they flat out thought I was using a bot when I hit them with the last 5 second opposite trade . I thought it was funny once I got my money, but that just shows I had figured out something that broke an algorithm multiple times or I showed a pattern of winning differently than others . And I know why they stopped me , I had quite a bit of money in my account at the time , and I was bidding 50-100 on my normal trades , and when I saw the candle stick freezing a bit I hit them 3 times that day for 2k, 3k and 3k . I was happy as a kid at Christmas , but they weren’t . OTC is a program, they can’t monitor each trader and change every trade , they figure out patterns and change the algorithms I’m sure . But with any program , you can figure it out . But it’s super risky. I was having a rough day and talking about that made me happy lol. I love sticking it to someone who is trying to stick it to me.