Has anyone here tried any binary options platforms? Made any money? Lost any?
What's /biz/'s consensus on this phenomena?
>>1043383
It's betting- no pretence, no bullshit- just a flat out gabling hall for suckers to lose money
PS: Just because your bet on stocks doesn't make you an investor or a trader- it makes you a gambler.
>>1043391
Yeah i agree, but is it any more gambling than conventional trading? I can see how long term investments are different.
Couldn't it be argued that binary options platforms are simply more accessible platforms for people who want to get rich quick so they can retire and relax with a laptop on the beach?
>>1043391
How are there suckers? That would mean it's being rigged by the house.
>>1043400
It is, Nadex is making money hand over fist.
>>1043399
If I invest money in an index and hold that for 20 years, that's investing.
If I invest money in a stock and sell 2 hours later hoping to make 1%, that's trading.
Now if I leverage my money and then go on a 10x margin, we're gambling
Also laptop on the beach? lol. You won't have a laptop to your name after Nadex gets finished with you