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Forex vs binary option in General Forex Discussion_6825f0acc9f09

Forex vs binary option

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Jatsun

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Quote from: Jajami on May 03, 2020, 01:43:19 PM
Binary requires accuracy and speed, although many forex traders have succeeded, but not necessarily able to succeed in Binary trading.
For beginning will certainly be a lot of mistakes and failures, so also if starting binary trading will not be easy to master.
But if you already have basic forex trading it will make it easier to understand binary.
Actually it is not too difficult to produce binary trading profits especially with basic forex, the system is the same as binaries that differ only in money management, and for the time period I suggest in the time period you normally use in forex trading, it will be very helpful.
#151 - May 03, 2020, 03:46:42 PM

ariezz

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I am more suited to forex than binaries, I have tried trading on binaries, but instead I do not feel I already have a good trading strategy or system and I feel stiff.
#152 - May 03, 2020, 06:04:34 PM

Jajami

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Quote from: ariezz on May 03, 2020, 06:04:34 PM
I am more suited to forex than binaries, I have tried trading on binaries, but instead I do not feel I already have a good trading strategy or system and I feel stiff.
Trying another business is not a problem sir, but if you have tried and it is not suitable. focus on forex will be very far profitable.
#153 - May 03, 2020, 06:33:31 PM

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#154 - Today at 08:58:30 AM

FardhanVx

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I prefer forex for a long time, although I also trade in binary, but I am more focused on forex, binary trading I make only a side, if the main job is still forex trading.
#154 - May 04, 2020, 09:56:05 AM

Genic08AD

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you could say binary is a derivative of forex so the way it works is in my opinion almost the same that is predicting the direction of price movements with technical and fundamental indicators, generally for binaries to use technical.
#155 - May 04, 2020, 09:17:06 PM

Trader Hijrah

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I prefer forex trading because it is clear that the profit generated depends on the pips that get so if the TP is 30 pips with 1 lot then 300 $ so it is very clear the calculation of forex also has a clearer regulation of many brokers "that the state recognizes for investment means so according to I just like forex more ..

if the binary profit is calculated from the correct ups and downs sometimes after we analyze and the price according to our analysis we can definitely profit that much "even though 1 pips even up hundreds of pips to stay that much so it's already like guessing but basically it's also an investment system And in Lithuania, real also, if the theory issue depends on the comfort of each "

but I myself prefer to FOREX because the calculation of the pips is clearer the contract according to the money we want so forex is easier to manage risk management issues
#156 - May 18, 2020, 02:08:12 PM

ariezz

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if you choose binary, of course beforehand, you would already know forex because binary is a derivative of forex which has the same concept of buy or sell, the only difference being the time frame and also how to trade it.
#157 - May 18, 2020, 02:39:34 PM

Kapoor

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I prefer forex because it is more secure than karary binaries other than short-term binaries so security is not guaranteed because it is difficult to implement SL or even no SL for binaries.
#158 - May 19, 2020, 06:38:50 PM

TechnoPips

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The development of binaries is very good, but I don't like business systems that are too risky.
I prefer forex because the system is more flexible.
#159 - June 17, 2020, 04:30:11 AM

Forexin

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Binary is far more risky, it is very clear, to become a binary trader is different from forex, binary must be faster and precisely coupled with a strong mentality, otherwise it will not work in binary.
#160 - June 17, 2020, 11:39:51 AM

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#161 - Today at 08:58:30 AM

Libra

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between forex and binary both in my opinion are equally good, we just adjust to the long-term prospects, whether we have long-term trading style or more towards binaries that tend to be short-term.
#161 - July 30, 2020, 04:51:18 AM

Riky Namaku

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I haven't decided which one to do because I still do both forex and binary trading and in my opinion both are profitable as long as we know how to do it.
#162 - July 30, 2020, 12:23:14 PM

hayumah

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I think forex is better than binary options. Because it is more realistic in our income calculation
#163 - August 02, 2020, 04:59:58 AM

Widiaty Syahnazia

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Forex and binary depends on which user is better. 
I more often use forex in bading binary. I am not familiar with binary systems. 
but there are also many successful binary traders, because they can adapt to the binary system.
#164 - August 02, 2020, 06:02:33 AM

miqbal79

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before choosing between forex and binary it is important to know in advance that both are trades where the skills possessed must be adjusted to the style and time frame, if you prefer the short term then both can be chosen but if the long term the forex is more suitable.
#165 - August 05, 2020, 03:37:33 PM
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