I've been a retail trader for about 2 years and I've been trading Binary Options for about 6 months now and even over that long of a period I have a consistent 62.5% hitrate. Although if you think binary options is easy money you are dead wrong. From my experience it's much harder psycologically to trade binary options than to trade anything else. In normal trading either the trade setup hits your stop loss and you loose a couple of procent or it hits your target and you gain a couple of percent. However, In binary options you have to sit and look at when 37.5 % of your trades goes from 100% to ZERO which is much harder on you psycologically than anything else. On the flipside you can't get too excited when you've had a win streak of 5 trades going in because trust me, you will become over confident and take bad trades. My top tip if you want to get into binary options is: Start with a demo and see if you can get a consistent high hitrate over a long period. NEVER martingale (martingale is for people who can't sustain a high hitrate). Trade size maximum 1% of account size and if you are trading reverals split trades if you don't get the top on the first 0.5%/0.5% of account size.
I don't understand so where is the difference between binary options and Forex trading. If you are failing to be consistent in binary do you think are u going to be consistent in Forex ? I think it is all depending on you as a trader
To give acurite judgment on binary options trading is really hard, I have lost money when I first started trading about 2 years ago, I like the quick trading result because I do not like to wait for out come of long trade on ForEx for example, but this mean you have to know reading chart and recognize pattern as will quickly to place a trade and you know your probabilities percentage is good to place the trade, that have been said the average person of binary option are not expert in chart reading and pattern recognition , so please do you back testing strategy and practice to learn on demo account and then trade on your real account, I say this from my personal experience, I hope you will be come very good on trading binary option and make money in the future. I am still practicing as will but I started to learn chart reading and recognize pattern. ........it is very hard.....Good Luck .
its true, the brokers do tend to spike you out at the last second of your trade but I've found that it happens on rare trading hours and with certain pairs. I created a binary watchlist with only 4 pairs that I trade 1 hour per day and things are going great.
Nice content! But my advice to everyone wanting to trade is you find yourself a trusted and reliable broker to invest with, came across Mrs Alia khan few weeks back through a Friend, decided to give her a trial and I just made my withdrawal. Thanks Mrs Virginia for your advise, it really words. for me. to anyone that need help on any online trade platfform, reach her on whatsapp +1 540 726 4645 and thank me later
Literally the best way to keep consistent profits the problem is people are trading everything under the moon you have to find a time that’s fits you once you find the time zone that’s keeps you most consistent don’t break that simple follow a plan .. trade your plan 💯
People despise binary and say it’s gambling but yet you don’t understand that Forex & Stock Options are simply the same way 50/50 probability binary is just not certain people’s style of trading we could all argue our differences about trading but you can definitely profit long term we all the know that the market follows rules but not all the time .
I'm new to binary options but not new to trading. I have tried various strategies and it really all comes down to patience. One thing I've learned about trading is that you can potentially make a lot more money swing trading. People want that fast cash (binary options) but in reality you have to look at it from The Duomo Initiative - Learn to Trade point of view. Consistency is key in trading, plus you make a lot more money either swing trading or very good day trading. Fast doesn't always mean better. Be like a sniper and sit and wait for the shot, it pays off especially when you are right.
People like you are needed in this kind of risky industry.....it is always so tempting for everyone .... that needs a caution .....thank you very much for taking effort for helping other save a lot of money keep going 😊
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I am still getting good profits with trades managed by @coreytradings on instagram. He is truly the best and I will keep praising his good works. He is the best man to entrust with your investments.. Real genius.. i feel blessed having him manage my investment.
I lost a lot while trying to trade all by myself until I came across Mr Corey, he is very legit, he is a guru when it comes to trading, he always pay on time. I’ve made so much trading with him, I and my family are so grateful.
ive been watching binary option videos to get myself convinced but this one video quashed any hopes of trying it out. i was disillusioned. thank you for the reality check :)
2000 to 2009 I had 8m mt4 brokers take and tell me my data differed from theirs and hit stops and not hit take profits etc, when my automated system that averaged 500pips profit a week, with the 50 to 100 leverage. Just started to trade again. Looking for a good options binary as my old system updated can do 1 or 2minutes if i can find a legit broker
Not affiliated with anyone I’ve just been practicing a demo account on a regulated (By the CFTC) exchange in the US. You forget to mention you can still cut losses on these options. Here’s a strategy. Market can go up down and sideways. You’re investing in two of the three possibilities when you buy a binary option. Buying at support and resistances you can gain an edge (like a poker players edge). You’re also always trading against other traders, and never trading against the house (with the exchange I’m on anyways) Please let me know what you think. I would say they’re more akin to poker than full on gambling. It’s just a different skill and different math than trading.
Nice content! But my advice to everyone wanting to trade is you find yourself a trusted and reliable broker to invest with, came across Mrs Alia khan few weeks back through a Friend, decided to give her a trial and I just made my withdrawal. Thanks Mrs Virginia for your advise, it really words. for me. to anyone that need help on any online trade platfform, reach her on whatsapp +1 540 726 4645 and thank me later
What he said was 💯 correct, I have traded binary options around 2 years, I lost all of money. it is impossible to predict the market all the time and you should have more passion. Binary options make you addict and affect you cycologically. Binary options initially make you profit but if you noticed you will losse all the money at the end. Please stay away from binary options gambling🙏🙏🙏
Nicholas, binary options are pretty cool especially when the forex markets are not moving well. Also, if you utilize them on trends, you can pyramid in and make a kill. Some brokers even allow you to close the trade before the time expires. Whenever I'm trading forex and I don't exactly understand where the market is going long term I opt for binary options. Helps me keep my control. And not go burning out my account trading a still market. Let me know what you think. With binary options I utilize my rules for forex. Opt for trends. I use support resistance and its largely a very easy to grow your capital if you have good money management rules, self control and a system. Banking profits is also key. Options are a bit more like gambling, I would agree. But in the true sense it's just a much riskier kind of investment. And it's not fair to avoid the fact that binary options have their advantage over forex.
Just started a couple of months ago, and everything you said about Binary Options are true. I have wasted USD100 over the last 2 months. Not a lot by anyone's standards, but enough to make me stop. I wish I saw this video sooner. Thanks for this. I needed to see this. Subbed!
Have you analysed why you lost the money? I have been trading binary options with a simple support and resistance method. I have good win to lose ratio have been for months...
@@deadlyyeet3360 the simple method of identifying support and resistance in patterns. Bidding only on opportunities that have a higher chance of winning. Being patient and never bidding based on assumptions.
Actually I don't see it as Black Jack, you are not gambling againts the house, where odds are at their favor. I see it more like Poker, you gamble against other players and the house takes a fee from each player. In Black Jack it's impossible to get long term profits as the odds are not at your favor, but in Poker the odds depends on you being better than the other players. So in binary options you "just" need to guess rigth 55-60% or more of the operations in order to get profits. I won't discuss if they are fair or not, just saying that it's statistically possible to gain long term profits, while in Black Jack or roulette it's impossible.
Hi Roger, overall I think these are fair points. I agree it's not statistically impossible, but it is very difficult to be consistent over the long term with it (more so than regular trading, due to the risk:reward model). However, I have to disagree with you saying you're not gambling against the house. With binary options, since there is no exchange, that is exactly what you are doing - gambling against the broker.
I think Roger's point it that the broker does not decide the rules of the market - he has no effect, mostly, on what will happen to a certain asset's price. He takes a fee from the client for the entire process, but the client decides what to bet based on his prediction of the market, which is a totally different entity than the broker. In a casino, one can argue that the house knows how the machines are rigged and what is the expected utility of letting people play specific games. In options, you and the broker allegedly have no effect and the same amount of information on the market's mechanism itself, which ends up determining whether one wins or looses. If, for the sake of the model, we treat knowledge of market behavior as negligible and say that each bet on a binary option has around 50% chance to succeed, than obviously the broker profits in the long run anyway because of how the risk-reward system is built.
I put £10 into a binary options account and i need to have around £90 to be able to withdraw it. I dont have much experience trading and i dont want to lose it. I have subscribed to you mail listing and have watched 3 of your lessons already. What shall i do to ensure i dont lose profit and came make that £100 or so and withdraw it and then be done with binary options ?
Hi Nathan, sorry to hear you can't get your money out - however, it may be a blessing because binary options usually end up in losses, so at least it's only £10. The best thing you can do is to forget about that money for now and focus on learning trading properly - starting off with a demo account and practicing. Try and complete the activities from the mini series and work on developing a strategy that works for you consistently (with normal trading, not binary options). Once you start seeing consistent performance, try using the £10 and see what you can do with it - but be warned, even good traders are likely to lose with binary options and £10 doesn't give you much breathing room!
I feel you accepted bonus. That's one of the don'ts of binary trading. Do not accept bonuses. Don't let your profits to accumulate: withdrawal the little profits you make.
I feel you accepted bonus. That's one of the don'ts of binary trading. Do not accept bonuses. Don't let your profits to accumulate: withdrawal the little profits you make.
Hi i will need your advice please, i invested on a online plateform to have returns after 24h but after then I cannot withdraw they asking me to make a deposit before withdraw what should I do please thanks ?
I believe in analysis and not forecasting, trading with the help of an Expert like Mr Corey has taught me a lot and has earned me so much profits. He is fast and very reliable. He’s got the best software and lots of trading techniques. Trade with Mr Corey and earn huge profits.
@@martinjavier9526 Never stop investing, Never stop improving. Never stop doing something new, trading without enough knowledge isn’t the best thing to do, trade with a professional like Mr Corey to earn you lots funds weekly.
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to be true, i needed 6 month to make profit on binary options. the first 4 month was more like a loss. i lost around 2000€ then it got more breakeven and finally made my own Strategy and after 6 month i traded profit. its a year now since i started and i make around 6k a month with a 15k account. and no im not telling u how to trade... and the end options are extremly risky and still with knowledge about chartanalyses u can loose everything. but its possible to make a living put of it.
Thank's very much for the video! I was pretty hesitant about this anyway, and your video seems to be the only unbiased and truthful review I have seen. What alternative options are there for someone who wants to earn money yet has no experience in trading or anything similar? Something that isn't overly complex but that could and would bring in good money, as long as the time and effort is put in? Appreciate any advice coming my way, lol!
If you stick with regular spot trading, that will be the most sustainable way to trade over the long term. Plenty of people make a good living out of it (a lot of people lose too... you have to be dedicated to learning properly and testing, testing, testing). Check out some of the other videos on our channel for an idea.
Ya I think this is true, I feel cheated when I trade binary regardless of my strategy, and also feels like Im playing slots in a casino. Ill be sticking to forex and stocks from this point on!
Reach out to Justin for quite advanced strategies and signals.i have been trading with him for a while now and I've been reaping my dividends in due time . You can contact him via mail jtwalker4life @ gmailcom or whatsapp +14049441083
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I know you say that Binary Options are not worth it, but is it something that can done with strategy? And when you bet on whether the market is upwards trending or on a decline, are you trying to bet on whether the exact moment the timer is up the asset has gone negative in value since the moment you put in the trade? Hope someone answers my question, I know this video has been posted almost half a year ago, but would definitely appreciate it!
Try LTCUSD You will see constant fluctuations soon and they have pretty constant periods.AND what's more useful, pretty long periods, so you can make 4-6 "bets" doing them every minute with 2 min lifespan, your last will probably lose, but previous 5 won. I find 2-3 minutes cool cuz from one ide they pretty much guarantee local minimum will not fall below your bet price (1 minute not enough there) and from the other side you will timely spot when trend inverts and stop betting (4-5 minute is too much for that, you'll start losing before you can react). That's not much but that's my experience of quadrupling $100 in 2 hours yesterday lel.
I risk 1-3% of my account per every 3 minute trade. I have grown my account to where I risk $36,000 per trade which is 1% of my account. I trust my analysis and risk $100,000+ when all my confirmations are in alignment in a 3 minute trade. There is big money to be made but also big money to be lost if you are on the emotional side. once I make 5% of my account I close the laptop. If I lose 5% of my account in any trading session I will close the laptop and trade on another session. being a high frequency, time based, binary options currency trader set me FREE. I love USDJPY.. Biggest money maker in the world.
The only thing you must have in binary trading is being zero emotional, cold blooded, rational and have an specific time of work in binary option In the day. If you can't control your greed you will lose everything. There are many ways of manage your capital to forbid bankruptcy.
Why do you class options as gambling and trading as non gambling ? Their both the same you need to look at the charts and indicators and make a decision the same as trading, If it goes the wrong way with a trade at say £100 a pip and your down 20 pips thats two grand, Whats the difference ? None.....if your good at charts and getting the trend right it doesn't matter how you invest a win is a win but at least with options you know what your going to loose or make.
well the thing is is that the option market is based on what people call "charting"(signals,indicators and general speculation) and it is as marked analysis of charts and not fundamental analysis(which takes into account the underlying value) this is why the options market can be considered betting
yep, nothing from these 2 is gambling if you can analyze and everything is gambling if you cant. you will just get rid of your money faster if you "conventionally" trade
DO NOT GO ANYWHERE NEAR MARKETS-TRADING. Scammers de-luxe. False British names with foreign accents. Deft in taking money from you but try to withdraw????? All the excuses in the world. Get your money back? Be on their case. Expose expose expose. Get your bank to do a charge back. Do not go anywhere near Hack-net/I-Hack or a Dear Doc in 'texas' who claims he learned hacking 'in-between' operating on his 'poor patients' who were victims of scammers!!!!! It begs belief with the lies not only from the scammers but the scammers who claim can get your money back for you. It is heartbreaking the damage that is done to the Victims. People literally commit suicide. The shame of being conned is immense. They are all pieces of excrement.
Yeah, Yeah, Yeah... Martingale and we all know where that ends up! If a strategy is profitable overall it will be profitable without loss recovery stake progression... Any sensible strategy will use stake progression (compounding) to enhance profits but never to chase losses... Capital preservation is key...
This is guy is right on point! I highly discourage binary options, but we traders tend to be a bit rebellious so I'll say this: Only trade binary options if your strategy works consistently in the market as well. For example, if you're short on a position and price is going lower, binary options can be a good way to maximize your wins. However, still remember that the house is AGAINST you and the odds and psychology can evaporate your account in the long term.
I have lost quite a bit trying this trading . I still have hope to do it but with so many companies and brokers its quite confusing . is there anyone out there with something solid I can try out.
People in this kind of risky industry.....it is always so hard for everyone ... that needs a caution .....thank you so much for taking effort for helping other people saving alot of money keep going may god bless you people for your kind heart to the people amen
binary option is a gamble when you deal with the wrong trader or wrong broker, I have made it big from it and i have also lost as well, not everyone can trade BO
impossible to make money, Binary Options would not exist. I understand what you are saying, because 90 % of the people who try out binary options are people with no financial experience, and I am one of those people. BUT as I have tried to learn different strategies looking at market news, you CAN make profit, BUT IT HAPPENS SLOWLY, NOTHING HAPPENS FAST AND YOU NEED TO BE PATIENT
i´ve worked for over a year for the biggest bo broker in the industry(at the time. maybe it still is idk) and there's some much to it that its difficult to even start
the bigger problem is getting any money back . i tried it also and my account went up to $500 and tried to withdraw it and took 4 months of daily email and that was suppose to be a reputable place . Stick with cash forex .
Great video! I really appreciate someone saying something about the binary options scam. I just started trading a year ago and I know it is something that takes time, patience and a good strategy. As I started I was very attracted to the idea of winning 90% profit from each trade I'd made. But before I signed in, I remembered a phrase my mentor used to tell me: "if it seems to good to be true, then it is really to good to be true". So I did my research and ended up reading terrible reviews about those platforms. Such as not being able to withdraw your profits whenever you wanted and the fact that I was about to give my money to a Cyprus-regulated company... yes, a tax heaven country. To all of you that want to start trading, please don't be fooled by companies like those. Making money takes time and learning, you won't get rich over night but if you're disciplined enough you might one day be a successful trader. Trade Safe!
Hi Daniel I totally got sucked in. Thanks for sharing your story. This is mine; I am still paying my credit cards debts worth GBP 19.5K. I joined OneTwo Trade in Oct 2015 - I had 5 different Binary Option team managers/recovery managers who were just cold blooded immoral individuals. I am stuck now. They traded with my monies against the strategies we agreed on. I haven't traded since early Dec 2015. I suffered many huge losses, all based on their market predictions. They traded all my hard earned monies I had saved for my retirement. After the loss, they asked for more $$$ to top up another GBP 10K each time. I fell into it the first time. When I refused to deposit more $$$ the second time, they all disappeared and completely disregard me and ignored all my emails and Skype messages. I need help as I have still GBP 6.8K sitting in my deposit but I am not allowed to withdraw it unless I keep trading for 22 more times. What should I do? Your advised will be greatly appreciated. Thank you.
The problem with Binary Options is that you have more risk than profit. If you are right you win 75-85 % of your capital but if you are wrong you lost 100% of your capital. That's not good.
Poloniex Trades I'm a beginner in forex. I dont try and no intention to try binary because of the that broker's edge. We've heard the saying "The house always win". The Casino always win in the long run because statistically it has an edge over the players. One key factor to win in trading is good risk/reward ratio. In binary the default is that in every trade you can lose 100% of your bet but you can only win 75-85% of your bet. In the long run you will lose.
Nice and well presented video but are you in NEED of a good expert Binary trader to manage your account or assist you in trading Binary with at least 90% winnings? ,then worry less. I trade for beginners,non experts,those who do not have time to trade as well as those who have lost so much to binary options. I can help you manage your account perfectly with my masterclass strategy. With average wins of 9 out of 10 also with over 90% accurate trading signals, I make $3,500-$4,200, i manage my clients broker accounts. You don’t need a degree or any experience or a lot of money to get started. Feel free to contact me to know how it really works. Email at: (georgeopankadept2@gmail.com)
Gone are the days when I watch such videos and come to the comments section to learn more...only to be bombarded by spam comments. I was swindled of some money,it wasn't much but it was hard earned. I really think every prospective/current investors/traders should take their time to learn properly about binary options trading to avoid losing money labored for
Binary options, also identified as Digital options are a form of investment in which the yield is fixed and pre-determined. The yield is paid when the option expires. The pre-set yield is paid out when the option expires "in-the-money".
Let's play coin toss. $100 per flip. You win, I pay you $170. You lose, I take your entire $100. Binaries in a nutshell. Unbeatable no matter what so-called system you use. Risking $100 to get a $70 profit is a 1 to .70 risk reward. You cannot possibly be a winner in the long run with a negative R/W.
James B you're stupid, that's not what it is. That's why a lot of people lose money because you all think u just have to guess. No you use charts, indicators and strategies to make accurate predictions. Not just freelance guessing. So glad I actually did my own research of this video would have pushed me away from the great profits i've been making
I've being trading in binary options and actually it's a good market, the only thing is that you have to know how to trade them, own a good strategy and shoot into, otherwise you will lose everything and over all have a good Risk management, the risk management it's everything. One of the most high problem is that people thing that they can earn huge amount of money in a month and that's no true, you must to have rules to be profitable in this market.
Most company’s freeze charts and manipulate prices. I never knew I’ve been doing it all wrong. I recommend it’s best to just find a broker. Made a lot of money this year through one.
Nice content! But my advice to everyone wanting to trade is you find yourself a trusted and reliable broker to invest with, came across Mrs Alia khan few weeks back through a Friend, decided to give her a trial and I just made my withdrawal. Thanks Mrs Virginia for your advise, it really words. for me. to anyone that need help on any online trade platfform, reach her on whatsapp +1 540 726 4645 and thank me later
Thanks for the explanation. A quarter of the way trough I realized what you were going to say before you said it. It is akin to betting which bird will fly off a telephone wire in the next ten minutes with a house edge of 18%. Another thing that happens is you have no control over when the trade is over. That is already set. You can't let winning trades run and you can't take losing trades off. Thanks again.
Correct info, however if you are not brain dead and trade for enough time to acquire experience, you can live off of it. I have a 79% success rate in my Binary trades. I do work a day job as a bartender, but if I wanted to I could streamline my capital towards trade and not work a 'day job' at all. It's all about market experience, forecasting and signals. Not difficult at all... What really fucks the trader over are the brokers, the vast majority when you win you are essentially taking their money - so you are betting against the broker. The broker I use (and I will not mention it) is a trader vs trader with 75-85% profit margin on the options. 79% success rate =/= Gambling
Thanks for explaining binary options in such concise matter. I am glad expert people like you share their trading journey with us and improve our experience as a result. 👍
Nice content! But my advice to everyone wanting to trade is you find yourself a trusted and reliable broker to invest with, came across Mrs Alia khan few weeks back through a Friend, decided to give her a trial and I just made my withdrawal. Thanks Mrs Virginia for your advise, it really words. for me. to anyone that need help on any online trade platfform, reach her on whatsapp +1 540 726 4645 and thank me later
best way to use stocks is if you've put 200 into it then use 5 for 3 turns if you come out on top and don't lose then put 10 into it and if that turns out good then put 15 or 20 into and when its constant win stick at the number you feel comfortable with even if its a loss least you have some money to fall back on to get going yeah you have ups downs but best way is to get up and carry on and repeat the 1st process.
Binary Options Trading is not gambling. It's Trading. That doesn't mean you will win, but the same goes for Forex, Stocks or any other type of trading.
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Mr Corey is my financial blessing, before I met him I used to struggle financially, I couldn’t hold a job and I had incurred debts, but ever since I started trading with Mr Corey, he has helped me get out of all my debt and I still have a healthy bank account. Am forever grateful to him, I just received my profits from the investment i made last week. He is the best, This can be your testimony too.
Nice content! But my advice to everyone wanting to trade is you find yourself a trusted and reliable broker to invest with, came across Mrs Alia khan few weeks back through a Friend, decided to give her a trial and I just made my withdrawal. Thanks Mrs Virginia for your advise, it really words. for me. to anyone that need help on any online trade platfform, reach her on whatsapp +1 540 726 4645 and thank me later
I'm guessing you chose binary options because they were accessible and easy to get started with, so I would recommend taking a look at trading forex, while you're still learning. Most people that watch this channel use forex, because it's open 24 hours a day on week days and has no directional bias, so you can take opportunities in both directions equally in the market. That should get you started on the right track and as you learn more, you will inevitably become more aware of the other asset classes too.
I have earned consistently trading with the assistance of Mr Corey. This account manager in question knows the financial market in and out. With his Stop Loss and Take Profit placed in the right places, I just have to relax and watch my trade move into profitability. Thank you so much Sir for making trading look so easy.
Someone has contacted me about investigating in binary options and Bitcoin mining. I know nothing about investing. Before I would invest of course I would do some investigating. So I went to RU-vid and your video was the first one that popped up. KUDOS to you. It was very informative and you definitely know your stuff. I would probably be that beginner guy you talked about. Make money in the beginning and then to lose it. I see the video was made in 2016. I am very curious. Either you are a very rich man right now or a pauper like me. I am trying to take a few dollars and dream of becoming a millionaire. I hope you are a millionaire living a life of luxury reading this on Waikiki Beach Oahu, Hawaii. Thanks for making and sharing your video. Good Vibes!
People spend a lot of money and time in BO and the fool themselves by thinking they are real traders... its so sad, being a trader myself, I use leveraged products so its possible to trade without spending 1000 dollars, and the real fun thing is that you actually start following the markets, doing research, watching economical news, something you wont have with BO
TheJus2121 yes you do i make technical anayles and watch the news cuz it can inpect it sometimes and its much better then forex cuz you make a anayles and you see that the market wil go down and you basicly earn money with forex is buying low and getting a few % of your investet money if you know how to trade you would know binary is easier lol
The comment section on this video gets bombarded by spam commenters from binary options companies. Please do not trust any links or email addresses provided in the comments section. We try to filter as much spam as possible. You can watch more about binary options here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7k8oB5_qWlU.html
You only lose in binary options when the platform / broker is not regulated. Then you on high risk.... Go always with regulated broker.all u need is to be learn about forex. Then binary would b not an issue.
Investing in bitcoin is the fastest way to attain great wealth when you invest with a legit paying platform that guarantees profits both daily and weekly. It would be adviceable to start small especially if you are a beginner and you are scared of the risk involved.
Hi. Can I trust brokers who are registered with FCA, CySEC, CONSOB Etc like IQ Options...? What about signal providers...? Do you have any advise...? Regards. Syed
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My cousin claims that every time he actually starts to win he notices that his computer starts acting weird and requesting frequent updates every week. Has this happened to anyone? And is Nadex a safe platform?
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