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Trading Binary Options vs Betting on Sports - which is more profitable

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Posts: 974

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 25, 2013 - 9:44 AM ET #476

The last one's expiry is tomorrow. Just a heads up

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Mr_Coffee_Shop

Banned

Joined: Apr, 2012

Posts: 208

Posted: Apr. 25, 2013 - 10:03 AM ET #477

Ki?m nhi?u ti?n hon th? thao. Không ai bán trò d? den... hahaha

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Mr_Coffee_Shop

Banned

Joined: Apr, 2012

Posts: 208

Posted: Apr. 25, 2013 - 10:05 AM ET #478

Theo mình bi?t thì có công ty môi gi?i tên Optionrally, ch? không ph?i Rally có dang ký kinh doanh v?i hi?p h?i Châu Âu. N?p nhanh mà rút cung nhanh.

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MaxiMILLION

Prospect

Joined: Apr, 2013

Posts: 22

Posted: Apr. 25, 2013 - 10:07 AM ET #479

Some english would really be appreciated here guys

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Mr_Coffee_Shop

Banned

Joined: Apr, 2012

Posts: 208

Posted: Apr. 25, 2013 - 10:11 AM ET #480

Quote Originally Posted by MaxiMILLION:

Some english would really be appreciated here guys

NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha

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MaxiMILLION

Prospect

Joined: Apr, 2013

Posts: 22

Posted: Apr. 25, 2013 - 10:12 AM ET #481

Thanks

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SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 25, 2013 - 7:05 PM ET #482

Quote Originally Posted by SportsMavin:

722620

$ 1000

USD/JPY

9:33 25/04/13

99.326

10:30 25/04/13

PUT

722620

$ 1000

USD/JPY

9:33 25/04/13

99.326

10:30 25/04/13

99.485

$ 50.00

LOSS -950$

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 25, 2013 - 7:06 PM ET #483

Quote Originally Posted by SportsMavin:

722633

$ 1000

GBP/USD

9:38 25/04/13

1.54549

16:00 25/04/13

PUT

722633

$ 1000

GBP/USD

9:38 25/04/13

1.54549

16:00 25/04/13

1.54297

$ 1750.00

WIN +750$

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 26, 2013 - 3:09 PM ET #484

Quote Originally Posted by SportsMavin:

722642

$ 1000

GBP/USD

9:43 25/04/13

1.54621

13:10 26/04/13

PUT

LOSS -1000$

722642

$ 1000

GBP/USD

9:43 25/04/13

1.54621

13:10 26/04/13

1.54843

$ 0.00

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 26, 2013 - 3:12 PM ET #485

Quote Originally Posted by SportsMavin:

Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

721171

$ 1000

OIL

12:01 24/04/13

92.3333

13:10 26/04/13

CALL. No Fear!!!

WIN +760$

721171

$ 1000

OIL

12:01 24/04/13

92.3333

13:10 26/04/13

93.0100

$ 1760.00

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 26, 2013 - 3:17 PM ET #486

Quote Originally Posted by SportsMavin:

722613

$ 1000

USD/JPY

9:30 25/04/13

99.288

19:30 25/04/13

PUT

Loss -950$

722613

$ 1000

USD/JPY

9:30 25/04/13

99.288

19:30 25/04/13

99.360

$ 50.00

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 26, 2013 - 3:18 PM ET #487

Quote Originally Posted by SportsMavin:

722608

$ 1000

EUR/USD

9:29 25/04/13

1.30374

19:30 25/04/13

PUT

722608

$ 1000

EUR/USD

9:29 25/04/13

1.30374

19:30 25/04/13

1.29994

$ 1750.00

WIN +750$

0

Turbovtk

Veteran

Joined: Dec, 2012

Posts: 1676

Posted: Apr. 26, 2013 - 4:07 PM ET #488

Quote Originally Posted by Mr_Coffee_Shop:

NP. The guys basically asking if there really can be made money trading the binaries and if the money is safe in optionrally and I explained him what iron1 answered the other day too that they are regulated under cysec and money is as safe as it can be . Ah, and also that the trading binaries is safer than sports gambling because you can't fix the trades ha ha ha

The trades CAN be fixed.

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Turbovtk

Veteran

Joined: Dec, 2012

Posts: 1676

Posted: Apr. 26, 2013 - 4:10 PM ET #489

Quote Originally Posted by SportsMavin:

I have an idea how to do it and will soon post it

Thanks for your input Turbo. You're always welcome to contribute in any are I'm active at

No prob. keep up the good work

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phixer

Banned

Joined: Jul, 2012

Posts: 4174

Posted: Apr. 26, 2013 - 10:23 PM ET #490

Quote Originally Posted by Turbovtk:

The trades CAN be fixed.

how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix?

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1IRON

Prospect

Joined: Nov, 2007

Posts: 246

Posted: Apr. 27, 2013 - 8:45 AM ET #491

Quote Originally Posted by SportsMavin:

Liquidity provider is inviting to take put position on a longer term - we will take CALL despite a price higher than for the short term as the price is gonna shoot higher than 95

721171

$ 1000

OIL

12:01 24/04/13

92.3333

13:10 26/04/13

CALL. No Fear!!!

Mavin...........Who or what is liquidity provider??

Another question........When taking this longer term (2 day) call option on oil, you had to ADD 2.00$ to the current price in order to take that trade? I had no idea they did this. To me, that seems like a large spread to overcome on a 48 hour trade. But what do I know, you took it and covered it easily, congrats on that call.

If you would have taken a put position (instead of call) on the same 2 day oil trade, do they set the price 2.00$ below current price or what?

0

Turbovtk

Veteran

Joined: Dec, 2012

Posts: 1676

Posted: Apr. 27, 2013 - 10:12 AM ET #492

Quote Originally Posted by phixer:

how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix?

I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

0

Quote Originally Posted by phixer:

how? the only way the price can move is if there is buying or selling of an asset. that is the essence of the trade. as long as it really happens - how can it be a fix?

I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

BIGfnPOO

MVP

Joined: Jun, 2006

Posts: 18880

Posted: Apr. 27, 2013 - 9:59 PM ET #493

turbo..

good job. well done.

bigFnPOO

0

louris54

Prospect

Joined: Mar, 2013

Posts: 222

Posted: Apr. 27, 2013 - 11:14 PM ET #494

hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

Much appreciated!

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 28, 2013 - 10:00 AM ET #495

Quote Originally Posted by louris54:

hey mavin been following this thread alot and have always wanted to get into binary options. Would love to start an account on optionrally through you. (Im in the US) Let me know best way to get hold of you.

Much appreciated!

Please PM me

0

SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 28, 2013 - 10:07 AM ET #496

Quote Originally Posted by Turbovtk:

I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

Trading Binary Options is not like anything you described buddy. And besides - moving the price of an asset through buying is not fixing. That's a trade. When word fix is used in our corcles (sports handicappers) we usually associate with non kosher activities as the biased refs, players etc. That is impossible with Binary Options as there is no third party that "fixes" the trade as it will cost exact amount of money needed to move the price as it would cost investing in it - so what is the point? The only motive to do so is usually associated with speculants who try to drive passive traders into frenzy of buying or selling the same exact way as the sharps or wise guys drive into a frenzy regular public with lines moved.

I say that if you know what you're doing, you have enough funds to stay on market and are a disciplined person - there is no way you won't make money is a steady fashion over a period of time aimed

0

Quote Originally Posted by Turbovtk:

I have been in the market business trading equities and derivatives for a long time, probably not as long as Mavin and others but 11 years is quite a long time for me as I am 32.

I can tell you that trades or prices can be fixed based upon the agenda or the big traders and more so the option houses. When I speak of option houses I don't mean binary options but standardized options. However in this type of option the strikes are whole numbers. Lets say AAPL weekly or monthly expiry at 420. If the big houses or players have written lots of $420 calls they can do hedge trades to try and they mostly succeed in closing the stock below that price thus making all the calls worth less. This is not the same in binary where everyone has a different strike price, well at least there is more than one strike price per dollar and there are more times of expiration. Back in 2009 after the market crash I had an interesting model following the widely known maximum pain theory which is supposed to calculate the closing price at expiration that would cause the greatest amount of loss to calls buyers and put buyers in this case lets say the majority for AAPL put options this week was set at 415 and the majority of the calls at 420 (based on open contracts) - the idea for the option houses would be to set buy orders and sell orders that will keep the price in this range. There are way to spot this activity but it would be a whole lot of typing to put it all down right now. Knowing this can be useful in binary if you decide to trade looking forward to the closing prices on Fridays at 4pm est on stocks that have weekly options and on the third Friday 4pm est - of the month for those that only have monthly options.

While many value investors believe that an asset moves based on it's value and eventually the true value of a co. comes to be represented and achieved the truth is that stocks move on the flow of money, which is basically as you said supply and demands, or buy and sell orders. However there is stock manipulation occurring daily and the SEC does very little about it, and my idea is not to complain but to always figure out what the game is and play it to the extent that I am not the first one in or first one out- mean my approach to trading is not to buy the lowest point and sell the highest point. My approach is to buy low and sell high within the parameters of the game or trading I see happening based on technicals, light fundamentals and news.

Trading Binary Options is not like anything you described buddy. And besides - moving the price of an asset through buying is not fixing. That's a trade. When word fix is used in our corcles (sports handicappers) we usually associate with non kosher activities as the biased refs, players etc. That is impossible with Binary Options as there is no third party that "fixes" the trade as it will cost exact amount of money needed to move the price as it would cost investing in it - so what is the point? The only motive to do so is usually associated with speculants who try to drive passive traders into frenzy of buying or selling the same exact way as the sharps or wise guys drive into a frenzy regular public with lines moved.

I say that if you know what you're doing, you have enough funds to stay on market and are a disciplined person - there is no way you won't make money is a steady fashion over a period of time aimed

FLANAGON

Prospect

Joined: Apr, 2013

Posts: 4

Posted: Apr. 28, 2013 - 10:23 AM ET #497

When you'll be posting new trades Mavin?

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Georgeofthejungle

Prospect

Joined: Apr, 2013

Posts: 4

Posted: Apr. 28, 2013 - 10:27 AM ET #498

There's a great and easy way for us US traders to trade Binary Options. I have successfully opened an account and trading for weeks now. If Mavin agrees I'm ready to help. Send me a friend request and PM me. I will explain how

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SportsMavin

Banned

Joined: Dec, 2012

Posts: 5295

Posted: Apr. 28, 2013 - 10:32 AM ET #499

Generally speaking - the path for US Traders to engage in trading Binaries with OptionRally has been cleared in a way.

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wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 56856

Posted: Apr. 28, 2013 - 12:12 PM ET #500

Quote Originally Posted by SportsMavin:

Please PM me

This is a very very bad idea..if you are running accounts of other members I will have to shut this down.

I think we made it pretty clear about keeping everything out in the open and not doing what you just did..

0

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Trading Binary Options vs Betting on Sports - which is more profitable

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