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Turn $1 into $5,000 With Binary Options Trading — Transcript

by Biaheza · 3,146 words · 442 segments · language en · Watch on YouTube

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0:00binary options wait till I tell you
0:02about this trading opportunity that you
0:03guys have actually suggested that I try
0:05for years now probably one of the most
0:07requested videos I've ever gotten but
0:08I've only recently looked into it when I
0:10started seeing it promoted through some
0:12very enticing claims saying you can turn
0:14a couple dollars into thousands within
0:16minutes with this form of stock trading
0:18and I mean common sense you guys know me
0:20I'm trying to get rich quick so in this
0:22video we're going to dive head first
0:23into this trading opportunity see what
0:25we can find out and try to turn a couple
0:27dollars into thousands ourselves
0:31so if you're like me from 5 minutes ago
0:33and are uncultured enough to not know
0:35what binary options are let me quickly
0:37explain what that is and I'm honestly
0:39actually really hyped to try this out so
0:41you have regular stock options which we
0:42all know and love losing money on those
0:44are basically contracts you buy behind
0:46certain stocks if you're really
0:48confident about a particular trade if
0:49you think a $30 stock is going to go up
0:52you can buy a call option saying that
0:53within the next month which is the
0:55expiration date this stock will hit a
0:57particular strike price let's say3 $5
1:00and so throughout that time period if
1:02the stock price gets closer to your $35
1:04strike price your option contracts
1:06behind that stock can go up and value
1:08like crazy and you can sell your
1:09contracts whenever in that time period
1:11and the more unlikely SL risky a
1:13particular scenario is the more you
1:14stand to make so even if a stock goes up
1:17only 3% if you bought some incredibly
1:19risky stock options that are expiring in
1:22a short period of time those stock
1:24options can go up in value by like
1:25hundreds of perc even though the stock
1:27price only went up by 3 to 5 anyways
1:29that's how regular stock options work in
1:31a surface level nutshell type
1:32explanation most of the time trading
1:34options is incredibly risky and you can
1:36lose a ton of money doing
1:39so and I unfortunately know that from
1:42personal experience it's down by 38%
1:4564 wow but what are binary options well
1:48you have picking and choosing regular
1:49stocks which is like investing while
1:51using some protein supplements then you
1:53have stock options which is like
1:55investing on a sarm cycle and then you
1:57have binary options which I guess is
1:59still technically considered investing
2:01but it's on some Dall crazy insane
2:03steroids with binary options you go on a
2:05stock or Forex pair and you basically
2:07buy or sell options expiring in a few
2:09seconds to a few minutes so you're
2:11predicting where the price is going to
2:12go within the next few seconds any real
2:14financial adviser will tell you that
2:16there's just no way to predict where the
2:18market is going to go in a short period
2:19of time and when they say short period
2:22of time they mean a couple weeks or even
2:24a couple of months they're not even
2:25thinking we're going to trade and try to
2:27predict the market based on a few
2:29seconds
2:30and on top of that it's kind of an All
2:32or Nothing game which is why I think
2:33they're called binary so for example
2:35you're looking at this screen right here
2:36you have a graph of a 4X pair and a few
2:38buttons down here you have the
2:39expiration time which is how long you
2:41want the trade to be so let's say we
2:42want 30 seconds then you have the amount
2:44you want to go in with we'll do $100 and
2:46on the sides of these options you have a
2:48green button and a red one so if we
2:49press the green button right now a timer
2:51for 30 seconds pops up and if when the
2:54timer runs out the price of this stock
2:56is above when we press the button we
2:58make a 40% return on our $100 investment
3:01but then if it dips below that price we
3:02lose the full $100 however we can also
3:05take the other stance and make the same
3:06bet on the price going down press the
3:08red button and when the clock counts
3:10down from 30 seconds and hit zero if the
3:12price is below of what it was when we
3:14hit the button we stand to make whatever
3:16percentage gain is on the button so in
3:18this case 40% okay initial thoughts
3:20after doing a few demo trades I'm sorry
3:23but it's really fun I feel like it's
3:24basically gambling I'm getting the same
3:26Vibes with this as I would with playing
3:27Crash on rubit if you guys remember the
3:29video I made about that like about a
3:31year ago but this trading is supposedly
3:33based on the real life prices of Forex
3:35Pairs and stock prices so it feels more
3:37legit and kind of like you're not a
3:40complete degenerate gambling all your
3:41money away on some Little Rocket game
3:43the way it is with playing Crash and
3:45this whole binary options concept and
3:47the layout of these Brokers is so simple
3:49and gamified to the point where you
3:50don't need any level of comprehension on
3:52how trading Securities Works to use
3:54these platforms and to understand the
3:56concept of how to make money with them
3:58which is incredibly dangerous on top of
4:00that like I previously mentioned there
4:02are also a lot of videos on YouTube
4:03making crazy claims about this style of
4:06trading if you search up binary options
4:07on YouTube you get results claiming that
4:09you can turn a dollar into five grand
4:11with this make 10 grand in 10 minutes
4:13strategies with 100% success rates and
4:15just a whole lot of these insane claims
4:18I clicked on a video titled dollar to
4:195,000 and this girl apparently turned a
4:21dollar into 5,000 in front of our rise
4:24which I mean it's just too good to be
4:26true right so I knew something was wrong
4:28I'm not making any accusations my case
4:30here my arguments are pretty much
4:32spineless I don't have any proof but
4:34there's there's just no way this is
4:36realistic if you could get those kind of
4:38returns you'd be a billionaire within
4:39like a month but in the video she did
4:42show her trade history so it kind of
4:43seemed legit however I started digging
4:46and things got fishy turns out pretty
4:47much all of these binary options trading
4:49broker websites where you do the actual
4:51trading are offshore and complete the
4:53unregulated so they're pretty sketchy
4:55combined that with the fact that this
4:56girl is using this platform in every
4:58video and has multiple videos like this
5:00one where the whole point and the whole
5:02video is just her trying to prove that
5:04you can in fact withdraw money from this
5:06website and it kind of starts to seem
5:08like there may be some sneaky
5:10relationships between some of these
5:11YouTubers and The Brokerage companies
5:13and putting on my tinfoil hat here
5:15there's actually another female Trader
5:16with a YouTube channel named Anna Trader
5:19making the same exact videos even with
5:21an accent that sounds like it's from the
5:22same exact region as the previous woman
5:25hello everyone this is Anna welcome to
5:26my YouTube channel hello my dear friends
5:28I'm lady Trader and welcome back to my
5:30YouTube channel I know that's been a
5:33long long time since I posted my last
5:35video and I'm so sorry for disappearing
5:39on my channel and she also has videos
5:42where it's just her proving that you can
5:44withdraw money from that same brokerage
5:46that they use in all of their videos and
5:48then would you believe me if I said I
5:50found another woman same accent same
5:52style Channel called Emma mindfully
5:54Trader promoting the same kind of thing
5:56hi guys welcome back to my channel when
5:58I found this I was was just mind blown
6:00it kind of seems like someone's just
6:02manufacturing these channels but I kept
6:04digging and it just kept going we have
6:06Katy Trader again same exact binary
6:08options video thing going on hello
6:10friends in today's video I'm going to
6:12withdraw 11 trading Pro hello my dear
6:15Traders Dana Trader hello my dear
6:17friends Amalia Trader hello my dear
6:20friend I don't know man something's
6:22fishy something is definitely going on
6:24here all of their Channel names end with
6:25the word Trader they all have the same
6:27video style similar thumbnails same
6:30accent we need Mr coffeezilla on this
6:32case ASAP so I'm just saying if I was
6:35some sketchy unregulated broker what
6:37better way to Market my service than pay
6:39a bunch of people to make videos in
6:40which they make crazy money using my
6:42platform I can edit their trade history
6:44or in real time manipulate the prices
6:46that are shown on the screen to their
6:47advantage to make it seem like easy
6:49money people will discover my platform
6:51through these crazy titled videos
6:53organically think it's easy money hop on
6:55the platform deposit some money and me
6:57being the house and having a crazy Edge
6:59I'm gonna win all that money I guess
7:01that is somewhat of a far-fetched Theory
7:03again not making any accusations but the
7:04good thing is most of these binary
7:06YouTubers also sell signals which are
7:08Services where they tell you exactly
7:10when to buy and sell and get into trades
7:12with them in real time so if they can
7:13turn a dollar into thousands surely they
7:16can give us a few days of profitable
7:17trade so we're definitely going to sign
7:19up to their signal services but first I
7:20want to try this out on my own and test
7:22out a few free strategies that some of
7:24these binary options experts are giving
7:26out in their videos maybe we can just
7:28pick up on some free nuggets and simply
7:30earn money that way I mean that's what
7:32the videos are there for going through a
7:34lot of these binary options strategy
7:36videos most of them consisted of just
7:37combining one or two indicators and
7:39going off of that so these videos
7:41weren't much different than what you
7:42would see if you search up something
7:43like Forex Trading strategies on YouTube
7:46although a lot of these binary option
7:47strategies were even more simple and
7:49kind of dumped down I'm not saying they
7:51completely don't work but I could choose
7:53any two random indicators film a few
7:55trades where they were right and make a
7:5610-minute video talking about my fancy
7:58new Str straty so you really got to be
8:00careful with this kind of thing as you
8:02can tell I was a little skeptical going
8:04into this but either way I found a video
8:06titled 100% win strategy and it was for
8:08binary options the girl in the video
8:11just did like five trades in a row where
8:12she was profitable using the strategy so
8:14I mean let's try it out here oh and also
8:16I just deposited $300 onto this website
8:18through Bitcoin and major red flag they
8:21have a bonus program so you can enable
8:23an option where they'll match your
8:25contributions which you shouldn't cuz
8:27they're sneaky and hide the fact that
8:28you got to bet all of youry money like
8:2910 times over which is called the
8:31rollover before you can take any of it
8:33out if you use this bonus option but
8:35what's mainly sketchy about this is that
8:37the only other type of websites that do
8:39these kind of bonus programs are online
8:42gambling websites which tells you a lot
8:43about what we're getting into you don't
8:45see legitimate brokerages like Vanguard
8:47TDM a trade or even Robin Hood doing
8:49anything like this because people
8:51actually make a profit with investing
8:53the last longer than 15 seconds but
8:54anyways all cynicism aside let's follow
8:57the strategy and give this an honest go
9:00so I started off with a strategy that I
9:02was promised would have a 100% win ratio
9:04but very quickly I found that this
9:06person's claim was not entirely truthful
9:09but I mean you don't need a 100% win
9:10ratio to make money so I kept going I
9:12didn't even do any crazy moves like all
9:14the Binary Option videos out there where
9:15they're betting their whole account 10
9:17times in a row I actually went into this
9:19with some very reasonable risk
9:20management using only about 3% of the
9:22account per trade so we don't blow it
9:24all and can give this an honest test but
9:26the initial strategy did not really work
9:28at all after over 30 completed trades we
9:31were down to
9:32$266 at which point I switched over to a
9:35new highfrequency strategy from a
9:37different person but unfortunately same
9:39thing I followed the strategy to a t did
9:41around 30 to 40 trades so we had a
9:43decent sample size but the results were
9:45just kind of random and all over the
9:46place and we ended up at 229 in the
9:50account okay so I didn't spend 5 years
9:53testing pocket options I spent an
9:55afternoon so I know I'll get comments
9:56saying oh you can't expect to be
9:58profitable on the first date I get it
10:00but I do kind of have somewhat of an
10:02idea of how trading can work which
10:04should at least theoretically slightly
10:05carry over and what I did was follow two
10:08proven 100% win ratio strategies I
10:10didn't really input anything of my own
10:12into this equation all of that said
10:14after 76 trades we're sitting at a 50%
10:17win ratio but because of the odds on
10:18this website this equal still a loss for
10:20us of 23% but I will admit I'm only a
10:23mere mortal I'm not a trading expert so
10:26let's instead of me trading We join some
10:27of these YouTuber expert groups where
10:29they trade live and let you follow them
10:31for a fee so you can make money by just
10:33copying their
10:42trades now I was actually going to pay
10:44join these sessions and really put these
10:46guys to the test over a number of days
10:48but I realized there's no point because
10:50most of these signal Services have free
10:52trial type groups and you can access the
10:53chat log history of them so we can see
10:55how well these experts are doing which I
10:57respect them for not turning off the
10:58options of you previous message history
11:00and not deleting some of these results
11:02but wow not a really smart business move
11:05first group I joined scrolled through
11:07like half of the messages are just
11:08apologies about the losses and Promises
11:10to recoup them the next day there wasn't
11:12really any consistency there at all and
11:14even on the days where it seemed
11:15profitable let's say they got two wins
11:17one loss if you crunch the numbers
11:19depending on the odds that still could
11:21be a loss but I then join another group
11:23same thing very inconsistent and it
11:24doesn't seem like they're making money
11:26in them so if the expert strategies
11:27don't work and the experts El can't
11:29prove they're making money live that
11:31leaves the only people making money here
11:32are the brokerages and the people
11:34selling signals or affiliated with
11:35brokerages which all of that brings us
11:37to the final interesting thing that I
11:39found so remember how I mentioned that a
11:41lot of these binary option YouTubers
11:43seemed very similar they had the same
11:44style videos same style thumbnails
11:47similar names and the exact same accent
11:49like they were all just from the same
11:51area and someone was just manufacturing
11:53all this
11:54content well I recognize the accent as
11:56someone who is not a native English
11:58speaker I actually got made fun of for
12:00having that same exact accent growing up
12:02so I know that's got to be a Slavic
12:04Eastern European Russian type accent and
12:06what do you know when I was looking into
12:07the trading website that all these
12:08YouTubers were using I dug in and found
12:11that hey it's editor young Bia AKA B
12:13trezy AKA Prince Breezy here at this
12:16point of the video I went into a Rabbid
12:18hole talking about offshore business
12:20laws and how people register their
12:21business on different Islands so I've to
12:23put down real human names behind
12:24companies and whatnot but in summary
12:26after digging into some company filings
12:28I found that the brokerage all these
12:29videos was registered across a couple
12:31islands off the coast of Venezuela and
12:34all the people I could find listed and
12:35associated with this company were based
12:37in Russia The Brokerage was also stating
12:40that they're regulated by a Russian
12:41regulation Center that there are a lot
12:43of complaints and accusations about
12:44online but my whole point is that you
12:46have this brokerage registered across
12:48islands off the coast of Venezuela which
12:50can somewhat be of a red flag and all
12:52the people who I was able to find
12:54involved with this brokerage are based
12:56in Russia which that isn't bad in and of
12:58its own but then you have all these
13:00binary option YouTubers who seem like
13:02manufacture direct carbon copies of each
13:04other targeting an international
13:06demographic and using great titles and
13:08thumbnails to get millions of organic
13:11views while using slash inadvertedly
13:13promoting this binary website and both
13:15parties seem to be from the same exact
13:17region do they have a sneaky direct
13:19affiliation there and these YouTube
13:20channels really are manufactured by the
13:22same organization or Puppeteer looking
13:24to get people on this brokerage where
13:26you'll almost certainly lose money or is
13:28it a coincidence could be I'm I'm not
13:31accusing anyone fascinating stuff going
13:33on here overall this whole thing kind of
13:35seems similar to the rubet Rocket game
13:37except I think the Rocket game is a
13:38little more transparent with the code
13:40they have in place but I don't think
13:42binary options can actually be
13:43classified as investing I think it's
13:45more of a casino honestly I believe you
13:47have a much better more fair chance at
13:49becoming a profitable poker player than
13:50a consistently profitable binary option
13:53trator easy I stand by that poker seems
13:55much more skill-based than this anyways
13:57that's just my opinion if you have any
13:59experiences with this I'd love to hear
14:00about it in the comments also as you
14:02guys know I derive my selfworth solely
14:05from YouTube likes and subscribers so if
14:07you could help crowdsource some
14:08self-esteem by Smashing the like button
14:10and subscribing to the channel to help
14:12fill my void for cloud that would also
14:15be appreciated and I hope you guys
14:16enjoyed this video and have an amazing
14:18rest of your day peace
14:23[Music]

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