Registered: Aug 2011
10-31-12 12:03 AM
Quote from rfriend73:
So, looking at binary options and I cant see how they would make money in the long term. You may have an edge in knowledge of your particular trade vehicle, but can you predict the direction of the next 60 sec, 60 min or end of day ?? You could be right about the direction, but it could just as easily pull back or jump up during the terminal time frame. Also, I am not a statistician or mathmatician, but if you gain 65-80% per winning trade and lose 85% per losing trade it seems that the house is stacked against you..I do like the non commission structure, but also I am sure that has been factored into the % for win/loss ratios.
Non commission structure should tell you everything...... sincewhen is ddoing business free