I’ve seen as recent as late last year ads on RUclips for binary options. I never knew what they were. They were advertised as you’ve explained, make predictions whether the market would close higher or lower, something along those lines. I assume it’s named binary for having two choices, similar to binary language composed of only 0s and 1s. I now imagine an investor strapped to a chair with a car battery attached to their nipples and a big burly guy in a suit pointing a gun to his head saying, “None of this technical crap, I don’t wanna hear you ramble on about fundamentals, HIGHER OR LOWER!! PICK ONE!!” Also, when I was younger I remember watching the movie trading places and never understood the madness on Wall Street, I now know they were trading future commodities.
Yeah it's certainly not as promoted as it used to be... they have some pricing issues to work out there and I think that is why Nadex is quiet right now.
![How To Trade Futures For Beginners | The Basics of Futures Trading [Class 1]](/img/1.gif)
Great video, thank you. First time to see all explained together
I get ads on RUclips all the time for binary options
Nice job
Thanks!
Woot 1st
I’ve seen as recent as late last year ads on RUclips for binary options. I never knew what they were. They were advertised as you’ve explained, make predictions whether the market would close higher or lower, something along those lines. I assume it’s named binary for having two choices, similar to binary language composed of only 0s and 1s.
I now imagine an investor strapped to a chair with a car battery attached to their nipples and a big burly guy in a suit pointing a gun to his head saying, “None of this technical crap, I don’t wanna hear you ramble on about fundamentals, HIGHER OR LOWER!! PICK ONE!!”
Also, when I was younger I remember watching the movie trading places and never understood the madness on Wall Street, I now know they were trading future commodities.
Yeah it's certainly not as promoted as it used to be... they have some pricing issues to work out there and I think that is why Nadex is quiet right now.
Woot 2nd