- Joined
- May 28, 2010
- Location
- Ontario
I stumbled upon this by accident when looking for ways to make money online. It's called Binary options trading basically you bet wiether an option will go up or down in the next minute or hour etc. There's lots of hype about learning how to trade this method but my opinion is its impossible to predict how a certain option will perform in such a short term. So I'm calling it a slot machine but I think with better odds.
I consider it better odds because you have a roughly 50/50 chance in each transaction of course the house has some advantage. Anyway my hope is that some of the more experienced players on here will give it a whirl (with a free demo account) and report their success or failure. I think there can be some strategy involved that an online poker player or black jack player will be able to figure out.
TO me it's just a new game to play the reason I posted it in this forum is because many of these "trading houses" or whatever you want to call them offer sign up bonuses with play through requirements just like online casino's so IMO that makes them a casino offering a game of chance albeit under the illusion of real time decisions being able to impact the outcome.
Perhaps I'm wrong and it is a legitimate way to enter the stock market and through research of charts etc you can increase your odds, Anyway go play have fun it's more exciting to me than click spin click spin click spin deposit again and repeat.
I consider it better odds because you have a roughly 50/50 chance in each transaction of course the house has some advantage. Anyway my hope is that some of the more experienced players on here will give it a whirl (with a free demo account) and report their success or failure. I think there can be some strategy involved that an online poker player or black jack player will be able to figure out.
TO me it's just a new game to play the reason I posted it in this forum is because many of these "trading houses" or whatever you want to call them offer sign up bonuses with play through requirements just like online casino's so IMO that makes them a casino offering a game of chance albeit under the illusion of real time decisions being able to impact the outcome.
Perhaps I'm wrong and it is a legitimate way to enter the stock market and through research of charts etc you can increase your odds, Anyway go play have fun it's more exciting to me than click spin click spin click spin deposit again and repeat.


