Anyone try Binary Options? Thoughts?

Just curious..

 

http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/

An industry turning over hundreds of millions of dollars, employing thousands of people, is cynically cheating naive would-be investors worldwide via a range of corrupt practices. It is doing terrible harm to its victims, and it risks doing the same to Israel’s reputation

http://www.elitetrader.com/et/index...st-amoral-binary-options-scam-exposed.299610/

 

Make sure you know what the bid ask spread is.
Normally they are very wide, eg 20%.

 

Nadex is a regulated binary options exchange based in the US. If you want to trade binary options do it there.

 

I would stay away.

 

I prefer roulette....but that's me.

 

This is the Options forum. If you want to discuss roulette go to the Chit Chat forum.

 

Didn't mean to offend an actual guru. It's just that binary's are for fools.

 

That depends.

 

there is a thread on this

http://www.elitetrader.com/et/index...ary-options-scam-exposed.299610/#post-4277371