FREE Binary option live trading: Is binary options a.form of gambling

Is Binary Options a Form of Gambling?

Binary options were initially designed to be as easy-to - learn and trade as possible. However, some of the features that they now possess, as a direct consequence of these specifications, have resulted in certain experts classifying binary option trading as a form of gambling.

Is this viewpoint justified? To obtain a reasoned answer, let’s examine binary options a little closer.

The main feature of binary option s, which is the central focus of this gambling debate, is that there can only ever be two possible outcomes whenever you trade them. Either you will win and finish in-the-money or lose and be out-of-the-money. To achieve the former result, you must successfully predict in which direction, i. e. upwards and downwards, the price of your asset will advance by expiration.

This is the primary source of the controversy because several authorities regard this decision-making as the equivalent of betting on roulette by choosing either black or red. In a similar way to winning or losing depending on which of these two colors the roulette ball finally lands on; you will be in-the-money or out-of-the-money when trading binary options dependent on how successful you are at predicting whether price will rise or fall.

Hence, binary option trading has acquired the reputation as a form of gambling in search of quick returns by some experts. Providing this viewpoint with further credence is the fact that even the Inland Revenue also regards binary option trading as a form of gambling and, as such, does not apply any taxation on this pursuit.

Your decisions could hardly be any simpler when trading binary options as you just need to select whether price will move either upwards or downwards. You do not even have to perform any due diligence on underlying assets to achieve success.

However, other experts are quick to reject this gambling viewpoint. This is because you need to achieve a win-to-loss ratio in excess of 55% to just breakeven over an extensive period of time. Consequently, you must acknowledge that the odds over the long term are simply not in your favor. This is because you will only be paid between 70% and 85% when in-the-money but will lose 85% to 100% when out-of-the-money.

This significantly important observation infers that adopting a long-term gambling approach to your binary option trading will only eventually result in serious losses. As this solution will not work, experts advise that you must instead deploy more professional techniques and strategies in order to secure a stream of worthwhile profits on a consistent basis.

But will that not be complex and time-consuming, you may be saying?

Although binary options are simple to trade, we hear you! This is why BINARYOPTIONS has and is accumulating an impressive library of articles and trading strategies to help you in achieving these goals. To assist you even more during your learning process, our trading experts are producing recommendations or tips, which you can immediately use, on a regular basis.

Just keep visiting our website and check for new articles under ‘Latest News ’. These tips are easier to understand and implement. In addition, we post ‘Recent Trade’ articles demonstrating how some of the provided tips actually fared in reality. Free expert tuition is provided illustrating the key decisions that were formulated by our experts at the critical stages of each of the trades presented.

So why not register with a recommended broker today by visiting the ‘Brokers’ section on our website and you could be starting a new career in binary options trading within hours.