I've known a fair few forex traders who have looked down at me for liking binary options, they say it's "gambling" and I would have more luck going into a casino. I don't get why they would say that when they should know it isn't like that, all of us here know binary options is decent if you know what you're doing.
After around 2 years of consistently hitting 70-80% win rates I'm moving to a live account next week
Surely no person would hit that percentage if it were gambling
Comments
This is because they do not understand binary options. 95% of retail traders in FX lose money because they can't manage risk and/or don't know how to trade. In Binary Options 98% lose money for the same reasons. Neither are gambling, however, they are just conducted by amateurs.
Team BSB