guru_trader 485 posts msg #82866 - Ignore guru_trader |
11/11/2009 2:33:53 PM
Has anyone tried this site yet?
http://www.eztrader.com/
per their site ...
Binary options, also known as digital options, bet options, or all-or-nothing options, are contracts which have only two possible outcomes - either they win, or they lose -- therefore binary by nature.
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Kevin_in_GA 4,599 posts msg #82875 - Ignore Kevin_in_GA |
11/11/2009 6:11:13 PM
Interesting site. Looks more like gambling than trading, but if you think you have an edge, this might be an interesting thing to try out.
I note that they will make money at a good rate here - if you win, you get "up to" 75% return, if you lose you lose 100%.
Most investors are also not that good at investing on the 1 hr timeframe, unless you are a good daytrader.
I'm not.
Possibly use TRO's fade the gap on AAPL?
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BarTune1 441 posts msg #82879 - Ignore BarTune1 modified |
11/11/2009 8:13:05 PM
Its definately more of a gambling site masquerading as an investment site. Its not alone either. Based in Cyprus, EZTrader is the counterparty to all your "options" trades and you can bet the house has a very healthy edge built in.
Another question: Does your broker allow you to make deposits and withdrawals by credit card? And, not provide any tax identification?
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