How do i go about finding a good binary trader to manage my account

[Garry35]

How do i find a good binary trader to manage my account or invest with . With so many scams in place i dont know where to start . All the ones i find i automatically think they are a scam
allot of people offering 75-100% return each month .
how can you spot a good person and a scammer

 

[GOMarkets]

How do i find a good binary trader to manage my account or invest with . With so many scams in place i dont know where to start . All the ones i find i automatically think they are a scam
allot of people offering 75-100% return each month .
how can you spot a good person and a scammer

What's the attraction of B, Options?

 

[moka2]

What's the attraction of B, Options?

The only "Attraction " I can think of are
- Easy to navigate interface
- Short duration

But it comes with following issues!
- Thinly regulated- to outright scams
- Market Maker means possible conflict of interest

You can either go for CFTC regulated "exchanges" like Cantor or Nadex
Or Build your own from Vanilla options on major exchanges

 

[Garry35]

ok so you guys would stay away , most people offering to trade it want you to pay them every day or other day or weekly .
i guess the thought of high returns

 

[progix]

How do i find a good binary trader to manage my account or invest with.

Just a quick question!! If any trader invest with you then who will manage the account?

 

[Aiman]

make sure to sign poa agreement if u do this..dont get scamed

 

[moka2]

make sure to sign poa agreement if u do this..dont get scamed

Yes there has to be a LPOA + there has to be a written agreement
Managing the a/c, Depends upon what we use
1) Global stop loss ( set by a/c owner and can't be charged by trader, in that case there would be direct access to a/c by trader
2) Hedging the position with option , Trader advice what trade to put on, A/c holder puts it on

These are to be detailed and discussed,
As I said I am not marketing it commercially , just working on few private arrangements

 

[MrBigBucks]

If you're that locked on going with a Binary Options firm, it's better if you did your research, pleantly of Binary reviews sites out there with detailed reviews, you'll be able to sniff out danger from a mile away.