-
Scam: How can i get my money from www.relycoin.net?
I invested upto $50000 for 3 months and made profit $80000 making total $130000 in my account in the broker. When i tried to withdraw $78000, they held it and asked me to pay tax 20% of the total profit, $16000 in advance. I asked them to deduct it from my account. They say they need to receive tax in advance. Now my…
-
What is trading expectancy?
Trading expectancy is a statistical measure used to assess the effectiveness of a trading strategy over a series of trades. It quantifies the average amount a trader can expect to win or lose per unit of risk on each trade placed according to the strategy. The formula for trading expectancy is:…
-
What is Forex (FX) trading, and how does it work?
Forex (FX) trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies in the foreign exchange market. It's the largest and most liquid financial market globally, where currencies are traded 24 hours a day, five days a week. How Forex Trading Works: Currency Pairs: In…
-
Question about Rule #2 - A broker makes money when you loose, just like a sports book.
If they make money when we lose, can they simply delete or block my account if I win too much? If that is true, how much is safe to make in order to keep me flying under the radar at www.binary.com ? I'm testing with the demo account on their website which appears to be legit, however I haven't been studying it for long…
-
What is trading? How do you read trading candles?
Trading involves the buying and selling of financial instruments such as stocks, bonds, currencies, commodities, or derivatives with the aim of making a profit. Traders use various strategies, analyses, and tools to predict future price movements and capitalize on them by entering and exiting positions in the market.…
-
BinaryBook is a scam and is about to be sued
If you are due funds from the scam BinaryBook, Please join my petition or loose all of your money! In my case: After 5 months of trading thru them, I had amassed $47,000.00 USD in profits. When I tried to do a simple withdrawal, they denied me. Finally after many emails & phone calls & threats to sue them, they paid back…
-
What are the benefits of copy trading?
Accessibility: Copy trading provides access to financial markets for individuals with limited time or expertise, allowing them to participate in trading activities without in-depth market knowledge. Diversification: Investors can diversify their portfolios by copying multiple traders with different strategies, reducing…
-
Stuck in Binary option
Hi everyone, I have traded Binary options from 2016-17, then pause until 2023, so I have 3 years experience. Unfortunately I always lose my deposit in less than 2 month. It seems that nothing work for me, I also read almost everything on site Babypips.com (they have great educational material for trading) - but no luck…
-
What is a high spread in Forex?
In forex trading, the term "spread" refers to the difference between the bid price (the price at which you can sell a currency pair) and the ask price (the price at which you can buy a currency pair). It's essentially the cost of entering a trade and represents the broker's profit. A "high spread" in forex trading refers…
-
What is copy trading?
Copy trading is a financial practice where less experienced investors or traders replicate the trades or investment strategies of more experienced or successful traders, often referred to as "Providers." It involves mimicking these expert traders' actions, either manually or automatically, in one's own trading account.…
-
Which is the best trading platform in South Africa?
MetaTrader 4 (MT4): MT4 is a widely used and well-known trading platform in South Africa and around the world. It offers advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers additional features, such as…
-
What is earnings per share (EPS)?
Earnings per share (EPS) is a financial metric that represents the portion of a company's profit allocated to each outstanding share of its common stock. It's calculated by dividing the company's net income (after deducting preferred dividends and any adjustments) by the total number of outstanding shares. The EPS figure…
-
Ethereum revenue could double to $5 billion and fee may fall to $0.01 in 2024: Bitwise prediction CR
Bitwise, the world's largest crypto index fund manager, noted in its prediction for 2024 that Ethereum is poised to witness a doubling in its revenue. Furthermore, the EIP-4844 upgrade is expected to reduce the average transaction cost on Ethereum by 90%. Ethereum price is maintaining a bullish macro outlook, marking a 53%…
-
What are Bollinger Bands?
Bollinger Bands are a popular technical analysis tool used in trading and investing to assess the volatility and potential price movements of a financial asset, such as stocks, forex pairs, or cryptocurrencies. They were developed by John Bollinger in the 1980s and have since become a fundamental component of technical…
-
What is CFD?
CFD stands for Computational Fluid Dynamics. It's a branch of fluid mechanics that utilizes numerical methods and algorithms to solve and analyze problems related to fluid flow. CFD employs computer simulations to model the behavior of fluids (liquids and gases) and their interactions with surfaces. By breaking down…
-
What is the definition of a bear market?
A bear market refers to a financial market characterized by a prolonged period of declining prices for securities such as stocks, bonds, or commodities. It's marked by pessimism, investor uncertainty, and an overall downward trend in asset prices. In a bear market, there's a prevailing belief that the economy is weakening…
-
What is a MACD bearish crossover?
A MACD (Moving Average Convergence Divergence) bearish crossover occurs when the MACD line (the shorter-term moving average) crosses below the signal line (the longer-term moving average). This event signals a potential shift in momentum towards a bearish or downward trend in the asset is price. Traders often use this…
-
What is the keltner channel?
The Keltner Channel is a technical analysis tool used by traders to help identify potential trends, determine market volatility, and spot potential buy or sell signals in financial markets, such as stocks, currencies, or commodities. It consists of three lines plotted on a price chart: Middle Line (EMA or Exponential…
-
What is the three black crows pattern?
The "Three Black Crows" is a bearish candlestick pattern in technical analysis that is used to identify potential reversals in a financial market. This pattern is typically observed in stock, forex, or commodity charts and is characterized by a series of three long and bearish (downward) candlesticks. Here's how the…
-
What is a high spread in Forex?
In forex trading, the term "spread" refers to the difference between the bid price (the price at which you can sell a currency pair) and the ask price (the price at which you can buy a currency pair). It's essentially the cost of entering a trade and represents the broker's profit. A "high spread" in forex trading refers…
-
What is PAMM?
In forex trading, a PAMM (Percentage Allocation Management Module) account is a mechanism that allows investors to allocate their funds to be managed by a skilled trader or money manager. This system is commonly used in the foreign exchange market and is designed to provide a way for individuals to invest in forex without…
-
Newbie to the forum
Hey Crypto Bro's! My name is Adam and I am Crypto Enthusiast. I have 3 years of experience in blockchain & crypto as a market analyst. Joined recently Coinpedia as a Research Analyst and my scope of work lies in predicting the crypto prices, noting the price movements and crypto market news. Happy to connect to link minded…
-
Hello and welcome
We hope you like our new place to discuss anything binary options. Introduce yourself here so we can get to know you!
-
What is the best Forex pair for intraday trading?
EUR/USD (Euro/US Dollar): This is the most traded currency pair in the world, known for its liquidity and relatively tight spreads. It's favored by many intraday traders due to its price movements and liquidity during the European and U.S. trading sessions. USD/JPY (US Dollar/Japanese Yen): This pair is popular among…
-
Where Forex Traders Come to Win
The forex market is the most liquid market in the world, meaning that there are always buyers and sellers available. This makes it easy to enter and exit trades quickly and easily. Indices markets are also liquid, but not to the same extent as the forex market. Volatility: Forex markets are more volatile than indices…
-
P2P exchanges parsers
Hi there! Recently I started in a crypto arbitrage on P2P deals. If you aren't familiar, its based on the offers to buy crypto with fiat and sell crypto to fiat back with positive margin. So the main job - finding profitable chains between fiat, crypto, payment methods, limits and exchanges. Its a big deal to collect all…
-
What Is Forex Trading?
Forex trading, also known as foreign exchange trading or FX trading, is the act of buying and selling currencies in the foreign exchange market with the aim of making a profit. The forex market is one of the largest and most liquid financial markets in the world, where currencies are traded 24 hours a day, five days a…
-
Top 10 Strongest Currencies In The World In 2023
Top 10 Strongest Currencies In The World In 2023 The U.S. dollar is generally seen as the most powerful currency in the world. It’s the most-traded currency on the global stage by a wide margin. However—perhaps surprisingly—the greenback is not the strongest of the 180-odd traditional fiat currencies recognized as legal…
-
The relationship between Bitcoin and blockchain technology
The relationship between Bitcoin and blockchain technology Bitcoin isa type of cryptocurrency created and managed using blockchain technology. Blockchain is a distributed data storage technology used to store transactions and create new blocks in the blockchain. Blockchain technology enables Bitcoin to be traded safely and…
-
Market prices in 60 seconds binary options (bitcoin)
I got introduced to 60 second binary options about 2 months ago, I was told that it was technical analysis that helped you pick the right option, long or short. I've been trading on Huobi; I've got my position down to only $70 now, I invested almost everything somewhere else. The thing is, on settlement, I get a…
