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FOREX or BINARY? in General Forex Discussion_67f83ac065b44

FOREX or BINARY?

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Tahajud

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one thing that makes me not interested in binary options is ..., because Binary options are similar to gambling ... because I see Binary Options only adopt one close position mode, which is expiry time. This feature can automatically close binary options in accordance with the size of the time that you set yourself. For example, if you open a EUR / USD "call" option with an expiry time of 1 hour, the option will only last for 1 hour. When the expiry runs out, the "call" option will close automatically. This expiry can be very important, because when it is closed the price is not at a higher level than its original position, the option means out-of-the-money (failure or loss). The selection of this expiry time can be adjusted to your trading period.
#61 - December 24, 2019, 12:58:43 AM

Sure

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Advanced binary patterns of forex trading, with an all in system not counting the number of lots bought. Very riskier better trading forex.
#62 - December 24, 2019, 01:12:42 PM

Khoirul

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Binary is gambling if some traders say, but there are those who argue that binary is the same as forex, only different time frames are used. If I have clearly prefer forex over binary.
#63 - December 24, 2019, 04:40:39 PM

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#64 - Today at 09:42:31 AM

jazan

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I do not like binary trading systems, trading in made It's safer at forex. as gambling is certainly detrimental, it will be very difficult to make a profit.
#64 - December 25, 2019, 12:14:09 AM

ariezz

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Quote from: jazan on December 25, 2019, 12:14:09 AM
I do not like binary trading systems, trading in made It's safer at forex. as gambling is certainly detrimental, it will be very difficult to make a profit.
It seems that binary trading will actually need luck compared to good analysis because fundamental analysis is certainly not in harmony with binary trading, if technical analysis is still little can be used in binary but limited.
#65 - December 25, 2019, 12:43:35 AM

Fxortrader

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Quote from: ariezz on December 25, 2019, 12:43:35 AM
It seems that binary trading will actually need luck compared to good analysis because fundamental analysis is certainly not in harmony with binary trading, if technical analysis is still little can be used in binary but limited.
In my opinion it's not like that, sir, binary trading also requires understanding, one of which is a 1 minute candle, it needs a good analysis too
#66 - December 25, 2019, 12:52:05 AM

Erphat

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Forex and binary in my view are the same because it refers to the same market, so if we can analyze it in the forex market then it is also relevant for binary analysis.
#67 - December 25, 2019, 01:19:48 AM

Ugay

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Forex is safer and more realistic to analyze, binaries are difficult with time trading systems and orders 100% lose 80% profit.
#68 - December 25, 2019, 07:19:36 AM

Combro

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Quote from: Ugay on December 25, 2019, 07:19:36 AM
Forex is safer and more realistic to analyze, binaries are difficult with time trading systems and orders 100% lose 80% profit.
I do like forex dan binary because forest is very interesting and analyzed using teknikal dan fundamental 
#69 - December 25, 2019, 07:27:11 AM

ariezz

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Quote from: Fxortrader on December 25, 2019, 12:52:05 AM
In my opinion it's not like that, sir, binary trading also requires understanding, one of which is a 1 minute candle, it needs a good analysis too
It's true sir, but for long-term traders, binaries are not suitable. Short-term analysis is only suitable for scalper traders or short-term traders.
#70 - December 26, 2019, 01:47:49 AM

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#71 - Today at 09:42:31 AM

Sarijos Soros

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It seems that the discussion on forex vs binary will continue because everything that contains controversy will not be resolved with certainty.
#71 - December 26, 2019, 02:09:56 AM

Feyes

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Both are good, forex and binary trading systems. 
Maybe because binary is a new system unlike forex which has been very popular since the first.
#72 - December 26, 2019, 05:25:26 AM

zanurreload

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Quote from: Feyes on December 26, 2019, 05:25:26 AM
Both are good, forex and binary trading systems.
Maybe because binary is a new system unlike forex which has been very popular since the first.
This Binary Option is indeed a new form of trading, but frankly until now I am not interested in Binary Options
#73 - December 26, 2019, 08:41:59 AM

instaforex

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Difference between binary and forex trading:

- leverage

Leverage is something that can only be found in forex, not binary. The ability of leverage allows us to transact in the market beyond the capital capabilities we have. Because it can sometimes be called a double-edged sword. While binary transactions are adjusted to the money in our account, we cannot 'borrow' broker's money in order to make large amounts of transactions.

- Floating

Just like leverage, floating only exists in forex, not binary. Because the mechanism of action of both is indeed different. Where forex has a floating due to price changes very quickly, while binaries depend on the specified time period before the contract is approved.

- Profit and loss

The potential profit in forex is unlimited while binary is limited. That is in forex we can open a position of 0.01 and can get a profit of 1 dollar (10 times the initial capital). While binaries can't be like that. A contract of $ 1 will get a profit of $ 1 anyway (a little spread cut). This also applies to losses, in forex we can go bankrupt in seconds, while in binary we only lose the value of the contract that was signed.
#74 - December 26, 2019, 11:48:00 AM

SamiSamith

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Both are totally different. Forex trading is all about currency exchange and trading on other financial instruments. While binary trading, as name it self define based on only 2 questions YES or NO. This means binary options offer to define risk and clear outcomes on every trade. 
#75 - December 26, 2019, 12:40:24 PM
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