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If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. Do not flame them back, it makes our work as admins harder figuring out who started it. So if you flame them back, you may get banned too.
@  ahmetesk : (30 March 2017 - 02:52 AM) http://prntscr.com/eq81ys first trade of today. 90 points in 3 minutes not bad
@  abdulmshana : (30 March 2017 - 12:43 AM) but today i want to be careful and recover my losses
@  abdulmshana : (30 March 2017 - 12:43 AM) i was suppose to lose only one trade but i ended up losing 3 trades....i felt so bad
@  abdulmshana : (30 March 2017 - 12:41 AM) http://prntscr.com/e...s.....yesterday was a very bad day for me i went against my rules and see what happened ...
@  gelsas : (29 March 2017 - 07:56 PM) sure @allan, post it and i will test it
@  HAWK : (29 March 2017 - 02:56 PM) @allan http://www.binaryopt...ons-strategies/ check your TF and create a topic
@  dth : (29 March 2017 - 02:54 PM) bahahahaha broke pimp!
@  allan : (29 March 2017 - 02:11 PM) how can i upload a strategy here?
@  allan : (29 March 2017 - 02:11 PM) guys there
@  allan : (29 March 2017 - 02:09 PM) anyone wanna test a new strategy here?
@  allan : (29 March 2017 - 02:09 PM) hi folks
@  Zed : (29 March 2017 - 12:08 PM) To options, that is.
@  Zed : (29 March 2017 - 12:08 PM) I notice you have no posts - are you new BinaryPimp?
@  Zed : (29 March 2017 - 12:07 PM) So no females - you'd have a better chance calling out all the closeted homosexuals lol
@  Zed : (29 March 2017 - 12:07 PM) And to my knowledge, the last female we had was Reteid
@  Zed : (29 March 2017 - 12:06 PM) You've got a better chance with a leveraged forex account than asking here lol
@  BinaryPimp : (29 March 2017 - 10:12 AM) Where my girls @ ?lol
@  BinaryPimp : (29 March 2017 - 10:06 AM) Yo! Yo! Anybody want to give me $100 million USD to trade ?
@  BinaryPimp : (29 March 2017 - 08:51 AM) Like if the market is going to move 100 pips, she can see it coming like waves in the ocean.
@  BinaryPimp : (29 March 2017 - 08:49 AM) So if trading, she likes to be ahead.

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Banning Binary Options ?


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97 replies to this topic

#81 worldshot

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Posted 23 January 2017 - 09:37 PM

With much respect to every ones opinion, living in the US is becoming more and more safer trading BO, we got major players like NADEX and CANTOR, absolutely regulated companies under the more strict policies, the US regulation system. :)

 

Yeah, I really wanted to trade with Nadex, good broker and company, but not available to Canadians :(



#82 swede

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Posted 23 January 2017 - 09:38 PM

Yep, Nadex is governed under the same regulations as the futures industry....nice thing is when you make a mistake it is you to blame....not the broker..haaaaaaa!
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#83 swede

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Posted 23 January 2017 - 09:39 PM

Yeah, I really wanted to trade with Nadex, good broker and company, but not available to Canadians :(


Yes it is available to Canadians......can't blame the crooked off shore brokers any more lol lol ,

#84 chalan8

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Posted 24 January 2017 - 12:02 PM

read this 

 

http://www.fairbinar...000-with-scams/



#85 swede

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Posted 25 January 2017 - 11:18 AM

[quote name="chalan8" post="107541" timestamp="1485277338"]read this 
 
http://www.fairbinar...000-with-scams/[/quote

Good report.....any time a binary broker (or should I say scam artist) calls you, you can rest assured you are being targeted. The ease of entry into this market makes scamming a breeze, all you need is a pulse, a dream and a credit card.

#86 Tripack

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Posted 25 January 2017 - 11:19 AM

From Traderpusa earlier today on chat: http://atozforex.com...options-summit/


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In order to become successful, first stop doing what unsuccessful people do.


#87 worldshot

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Posted 25 January 2017 - 12:24 PM

Yes it is available to Canadians......can't blame the crooked off shore brokers any more lol lol ,

 

No, It is not available to Canada or Canadians, the country of Canada is not listed on their online application..



#88 shaileshm

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Posted 25 January 2017 - 12:28 PM

http://www.financema...ions-to-return/

 

 

 

nadex closes Canadian accounts but explores options to return. A somewhat older article. Not sure whats the situation now.


Know Thy Setup. Know Thy Self.


#89 chalan8

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Posted 25 January 2017 - 05:49 PM

Canadian trader killed himself after 23Traders lost his money

http://atozforex.com...ers-lost-money/



#90 chalan8

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Posted 25 January 2017 - 06:00 PM

Banc de Binary faces new Lawsuit: Giambrone prepares Class Action

 

http://atozforex.com...es-new-lawsuit/



#91 swede

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Posted 25 January 2017 - 10:06 PM

No, It is not available to Canada or Canadians, the country of Canada is not listed on their online application.

 

 

You are so right....I registered with them when they first announced acceptance of Canadian Accounts..I just didn't fund account because I mainly trade forex....something happened in the interim I guess... :o


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#92 BrianC

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Posted 26 January 2017 - 01:59 AM

From Traderpusa earlier today on chat: http://atozforex.com...options-summit/

 

Great news. They should regulate this business and close down the scammers.


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#93 JohnnyMch

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Posted 02 February 2017 - 09:48 AM

This is what I was concerned about.. Banning binary options...

 

http://www.theglobea...rticle33868929/



#94 xbeast

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Posted 02 February 2017 - 10:19 AM

A lot of bad news are circulating nowadays about binary options.. Fraud BO companies changed the way authorities treat binaries and turned it into a gambling casino game.. Very recently Israel completely BANNED binary options from the country. French authorities and their AMF voiced their concerns about options. Italy and turkey banned IPs and warned their citizens to stay away from this kind of trading, Canada took that stance against options too, and we ALL know the limits the USA and their CFTC puts on binary options in their country. All the pressure now goes mainly to the CySec, being it the authority that most regulates binary options firms

 

I mean, where is all this going ?

check out this article:

http://www.financema...ry-options-too/

 

And here are the news about other countries :

http://www.financema...ons-blocks-ips/

 

http://www.financema...-options-firms/

 

http://www.financema...ions-in-canada/

 

What do you guys think ? What could be the future of this industry ?

From a nation point of view,many people got attracted to binary options trading without proper skills hence they end up in losing money from their pocket in sense it is the pocket of your country.If the broker is not hosted from your own country and you are losing money to them then it is called foreign investment without return which make short(deficit) of your countries economic growth. This will affect not only you but all the citizens of your country. Hence they are banning these type of trading and traders.



#95 chalan8

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Posted 02 February 2017 - 11:29 AM

I think the best way to deal with the BO issues  is each country regulates the BO brokers in its soil and citizen of each country should only allowed to sign up with their local BO brokers and not off-shore brokers like the way is conducted in US. Then the local BO brokers are forced to follow the law. 


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#96 traderpusa

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Posted 02 February 2017 - 12:26 PM

https://smnweekly.co...inary-options/ 


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#97 BOedge

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Posted 02 February 2017 - 05:20 PM

All the bans mean nothing in the end. Online gambling is illegal in the US, so US citizen gamble at offshore sites instead. BO is illegal in the US except for a few brokers and still lots of people from the US trade BO with offshore sites. And where there is opportunity there shall be opportunists. BO brokers will remain. There are also legitimate casinos despite constant attempts to curb them. And thus there will also be some legit BO brokers for those who do not wish to go offshore. Over time the choices will change, there will be fewer. But there will be some.

These unfortunate scams all have something in common.
One is that people are 'investing' money they don't really have, or don't have to loose. Ie when they tap into savings, retirement funds, or take on debt.
Two, they don't do their own trading. A 'broker' does the trading on their behalf. That is the key. With other financial instruments only a professional can handle your money. Not with BO.
Three, add scum bag scarcity sales tactics and people get trapped into bad deals. Without step Two, this would not be possible.
Four, the final straw is greed mixed with need. Instead of growing only the profits, people can't resist the call of the greed to invest more, especially after they have seen some profit. The sensible approach would be to take out the principal invested and to keep going with the profit. Why anyone needs to re-invest after profit is made is mind boggling. Greed... an easy target.

So you have people who have no idea who they are actually dealing with (unqualified, non-professionals handling their financial transactions), who do not understand nor accept the nature of the financial instrument they chose (you can win, AND you can loose), and they do not understand and lack the discipline how to manage their money safely and wisely.

It is the lure of fast money meets people desperate for money. I agree with the poster before. These people would have lost money with any other financial instrument. Even professional brokers and investment advisors can cause losses.

If they would only change one thing - require BO 'brokers' to provide advice from qualified professionals only, then none of the above would happen. Too easy a step to clean up this industry. So the question is not whether it goes or not. The question is why nobody bothers to do something that simple.
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#98 chalan8

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Posted 02 February 2017 - 05:42 PM

All the bans mean nothing in the end. Online gambling is illegal in the US, so US citizen gamble at offshore sites instead. BO is illegal in the US except for a few brokers and still lots of people from the US trade BO with offshore sites. And where there is opportunity there shall be opportunists. BO brokers will remain. There are also legitimate casinos despite constant attempts to curb them. And thus there will also be some legit BO brokers for those who do not wish to go offshore. Over time the choices will change, there will be fewer. But there will be some.

These unfortunate scams all have something in common.
One is that people are 'investing' money they don't really have, or don't have to loose. Ie when they tap into savings, retirement funds, or take on debt.
Two, they don't do their own trading. A 'broker' does the trading on their behalf. That is the key. With other financial instruments only a professional can handle your money. Not with BO.
Three, add scum bag scarcity sales tactics and people get trapped into bad deals. Without step Two, this would not be possible.
Four, the final straw is greed mixed with need. Instead of growing only the profits, people can't resist the call of the greed to invest more, especially after they have seen some profit. The sensible approach would be to take out the principal invested and to keep going with the profit. Why anyone needs to re-invest after profit is made is mind boggling. Greed... an easy target.

So you have people who have no idea who they are actually dealing with (unqualified, non-professionals handling their financial transactions), who do not understand nor accept the nature of the financial instrument they chose (you can win, AND you can loose), and they do not understand and lack the discipline how to manage their money safely and wisely.

It is the lure of fast money meets people desperate for money. I agree with the poster before. These people would have lost money with any other financial instrument. Even professional brokers and investment advisors can cause losses.

If they would only change one thing - require BO 'brokers' to provide advice from qualified professionals only, then none of the above would happen. Too easy a step to clean up this industry. So the question is not whether it goes or not. The question is why nobody bothers to do something that simple.

Well said brother!


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