Long Wicks On Candlesticks Digital Options Playbook Updated
What started as a niche involving traders by the side of the road on the Internet is now a -billion industry with an estimated 2 million binary options traders.
Quick Answers
Are binaries legal?
Once a binary option is acquired, there are a number of factors that affect the value of the option.Scams of all kinds are proliferating as the internet age continues to evolve.
Average returns?
As we discussed in the past, binary options can be extremely risky and are not appropriate for all investors.If the scam is well executed, the victim will feel as though he or she knows the company and would be willing to give it access to his or her personal or financial information.In many instances, these contracts are “proprietary”, meaning that the broker keeps the inside scoop on the market.
Starter tips
According to IC3 data from recent complaints, the average loss per victim was ,323.01 at the end of trading on December 1, a trader may purchase a binary option that pays 0 if the share closes at or higher on December 3, or a binary option that pays if the share closes at or lower on December 3.However, it has been a cause of some concern that, as binary options are offered at lower levels of risk to the investor, there is potentially a higher risk of becoming involved in a scam.
Methods for Digital Options
- Momentum
- Range
- Event‑based
- Indicators: Stoch
Refreshed: 11/4/2025