can you trade Binaries / Fixed Odds for a full time living: disscussion

[gibson]

Cheers for your help Crushabet. Much appreciated.

I am currently using Betonmarkets but it looks like IGindex have just introduced custom bets. Initial view, the price feed seems to be 'live' and doesn't lag by a few seconds.

 

[titeufint]

Well Anyone who thinks they can make a living from binaries is just dreaming.

If you make money firms like IG markets will mark your account as soon as you make 10k. They are just bookmakers and it is like in casinos if you are good they do not want you. They only want losers.

 

[D70]

Well Anyone who thinks they can make a living from binaries is just dreaming.

If you make money firms like IG markets will mark your account as soon as you make 10k. They are just bookmakers and it is like in casinos if you are good they do not want you. They only want losers.

I think you are wrong.

 

[Sharepunter]

Well Anyone who thinks they can make a living from binaries is just dreaming.

If you make money firms like IG markets will mark your account as soon as you make 10k. They are just bookmakers and it is like in casinos if you are good they do not want you. They only want losers.

Has your account been "marked"?
If so, what are the implications?
Has IG stopped taking your bets?

 

[kubek]

Well Anyone who thinks they can make a living from binaries is just dreaming.

If you make money firms like IG markets will mark your account as soon as you make 10k. They are just bookmakers and it is like in casinos if you are good they do not want you. They only want losers.

yeah, yeah, yeah....

 

[jacknard]

It all depends on the trading plan and strategy you deploy. Generally you can make a good living from fixed odds if you do not allow greed to set in. If you can target $20 a day, that will be about $600 a month at Betonmarkets, and then with time you move up to $50/day, and $100 a day just like that.

 

[marketvistaa]

Hi,

Does anyone here trade binaries / fixed odds products full time for a living. And are they making decent money from them. I used to trade futures at a prop firm, recently I have had to get into a more stable role at a fund managers due to having children, however I like the idea of using betonmarkets / ig ladders on a part time basis, maybe in the future on a more permant basis. I like the fact that you have fixed liabilty and you wont be stoped out only to see the market go in your favour. Obvioulsy most of us have had that experience v.frustrating. Using these products obviously allow you to stay in the market.

Trying to start a thread on this subject and would like people opinons, trading techniques, i.e do they scalp and trade many times a day looking for small profits or do people trade them a few times a day / week looking for larger profits.

It may be the case people feel these products cant be used as full time income stream. So comments please.

Sure you can make enough to live on, it depends on your system, money management, and others. The thign about binary is that one loss can wipe out profits for five days. The odds are against you. If you have a good system you can make money especialy fixed odds.you can check this forum for marketvistaa market views for fixed/binary bets. DONT TRADE WITH MONEY YOU CANT AFFORD TO LOSE