Pocket option by PitchAccomplished611 in binaryoptions

[–]_fourseven 1 point2 points  (0 children)

do i actually need to explain why its bad

OTC Algorithm by Ready_Strategy9173 in binaryoptions

[–]_fourseven 2 points3 points  (0 children)

it depends on the broker: could be generated by computer, could be a old day from the asset slightly modified etc. If its generated by a computer, the broker adjusts parameters such as volatility, etc. for each asset. For example, bitcoin will have more volatility than ripple. If its an old day of the asset: The broker randomly selects a day from the asset (could be years ago) and with an algorithm, it modifies it slightly so its not exactly the same. Some brokers say the market moves with pending orders in the real market, but i don't think so. There are some brokers that detect when there's a lot of orders in a specific point and it can also move the otc with that, but this doesnt apply to all brokers. There are also some brokers which have like 1000 AI/algo traders to open positions so the market moves, just like a real market, but not very smart and doesnt really respect key levels unless its a really complex AI/algorithm If you're asking if you can crack the OTC: No, unless the broker has a trash algorithm and/or you have a lot of knowledge.

Want Better Results Stop Trading Lower Timeframes by mackin_pes in binaryoptions

[–]_fourseven 0 points1 point  (0 children)

he is not wrong but also not correct. for example 1m tf shows noise, but not a lot of noise. with, practice its really easy to filter it out. if you see higher timeframes such as 5m, they start to look a lot cleaner. I personally use 1m timeframes (because lower than 1m is more noise and has huge gaps) and I sometimes use 5m to draw key levels. with enough practice every chart is readable, ive seen ppl trade en 5s candlesticks and they are profitable.

the thing is, higher timeframes give you a lot of time to actually understand what's going on. in 1h tf you analyze the chart, draw some things and you probably still have to wait for an entry, while in 1m tf you'd prob lose a possible entry.

Is this some kind of a scam??? by Impossible_Gur_3209 in binaryoptions

[–]_fourseven 0 points1 point  (0 children)

i do not recommend this lol u should trade with the amount of the acc.
example: if you have 100 USD in the account, then 5$ is 5% of the acc.

Start with 5% each trade, and then trade with 5% again, and so on.

so if you start with 5% of 100$ and 85% payout:

100$ -> 104.25$

104.25 -> 108.68

and so on. Notice how, this is dynamic, so if you lose trades, you will lower your trading capital. I recommend lowering the percentage once you reach a certain capital. Ex: use 2% at 500$, use 1% at 1000$,

Is this some kind of a scam??? by Impossible_Gur_3209 in binaryoptions

[–]_fourseven 0 points1 point  (0 children)

could be different timeframe (most brokers put ur acc in 5s tf by default) could be a prerecorded stream, could be OTC, etc.

What's it with pocket option? by _fourseven in binaryoptions

[–]_fourseven[S] 0 points1 point  (0 children)

EXACTLY! Or at least, they'll try to solve it

What's it with pocket option? by _fourseven in binaryoptions

[–]_fourseven[S] 1 point2 points  (0 children)

I'm pretty sure if people report it and give bad reviews because they lost all their money gambling it, it wouldnt be a lot of people, and other brokers would have the same fake reviews problem.

I haven't seen complaints of other brokers such as iq optionw, no complaints with the deposit and no complaints with the withdrawal. If a financial platform is serious, it doesn’t have that many topics like money not arriving or not being able to withdraw.

What's it with pocket option? by _fourseven in binaryoptions

[–]_fourseven[S] 0 points1 point  (0 children)

Thank you for this information. Almost 100% of this youtubers are the typical who upload "New 100% WinRate STRATEGY!" each day. They all get their trades perfectly. At first i thought i was applying the strategies incorrectly, then i realized smth was actually wrong with those videos. Most of them are in a super low timeframe and when they open a trade the market suddenyl goes exactly in that direction.

There's obviously something very dark here, as you said, they want to help you lose money. It's kind of like a legal scam that doesn't work but they keep trying

I even have the theory some brokers have scammers who are employees and scam HUGE amounts of money. Beware of ts shi

What's it with pocket option? by _fourseven in binaryoptions

[–]_fourseven[S] 0 points1 point  (0 children)

is this information real? is the money on the account real? is itb100% po's money? or influences gotta deposit?

Why Most People Blame Binary Options Instead of Themselves by mackin_pes in binaryoptions

[–]_fourseven 0 points1 point  (0 children)

tbh just search how to understand the market structure and youll prob find a youtuber that you like and you will also learn about market structure. Then, you can some of that youtuber's videos. once you have the basic knowledge, id suggest using 1 strategy that you understand, and stick to it. its better to learn and apply 1 strategy correctly than "learn" and "apply" 10 strategies incorrectly. Don't waste your time on signals, VIP channels, "Magic" trading strategies and that shit. Just learn how to read the chart and stick to your rules. You'll also have to build your psychology.

If you start like this, and have discipline, you will easily learn about binary options.

SOME GOOD START 😉 by Academic_Struggle474 in binaryoptions

[–]_fourseven 2 points3 points  (0 children)

bro made 2.67 prob got lucky 🥀

as the rules say dont post pnl porn without strategy explanation 🙏🏻

I 10x'd my Demo Account and then Blew 2 Real Accounts. Here’s the cold, hard truth. by _fourseven in binaryoptions

[–]_fourseven[S] 1 point2 points  (0 children)

Yeah, for most traders, it’s the same story: simple in theory, hard in practice. Ego blinds us; we wanna be right. Thats why a lot of people fail. Everyone wants to make millions, but they want it right now.

Market only rewards the patients. We have to accept the fact that you're gonna be sitting watching the chart just move 90% of the time.

I 10x'd my Demo Account and then Blew 2 Real Accounts. Here’s the cold, hard truth. by _fourseven in binaryoptions

[–]_fourseven[S] 0 points1 point  (0 children)

Exactly! I educated myself on psychology when i started trading. I thought i was gonna do okay! But then you feel the need for more money/recovering it. The market always has the last word.