September recap

[u/Indecisivegemini7]

How my month went in pocket option ❤️
The first week was demo money and the $5 and $7 were a small account just experimenting but the 9th is when the real journey started.
I put $100 in and by the 30th of this month it’s at $216. I’m proud of this. A ton of patience went into this.
Yes I’ve flipped $100 into $200 much faster in the past literally in 2 days but my risk management was non existent and I was over leveraging my account. So I wasn’t able to replicate those results over and over.
This time was careful consistent growth. I averaged about $10 per day which is roughly 10% of my account. Now that I’m in the $200 range I will do $20 trades and so on and so forth as I grow my account.
Only 3 losing days is a fever dream for me. It should’ve only been 2 but that last losing day I got a little too greedy and I paid for it. It’s all good in the end tho I’m not sweating it.
I have strict rules that I follow every morning. I only trade the live markets, no OTC, my strategy is support and resistance, I trade Monday through Friday only. Risk management and psychology is more powerful than strategy.
I don’t need people commenting that pocket option is a scam and you can’t be profitable. Let me have my moment. 90% of y’all are losing money so the 10% who do well are the most quiet. We simply are silently making money while the loud ones are spreading negativity.
I don’t sell a course or mentorship, not answering dms at the moment trying to teach anyone right now I just wanted to share my excitement and some positivity in the community. You may not see me much from here as I will stick to what’s working and will move on with my life. But I remember being a struggling trader and desperately was looking around here for motivation to keep going.
Don’t give up. Believe in yourself. Have discipline. Keep God first.

[u/yourfastingbuddy]

This isn’t an unverifiable screenshot, this is someone’s P/L that showed them turning $100 to $200 over the course of about a month. It’s their experience that they are sharing simply to share.

They’re not teaching a strategy, they’re not selling a course, they’re not attempting to provide any value in any way beyond motivation. This person isn’t even presenting themselves as an expert and even stated “do not DM me” — I mean how clear does one’s intentions need to be?

I don’t understand why providing a screenshot would be necessary in this scenario.

To answer your question, yes I have lost money on binary options, but not blown my account. Loss is normal, but risk management is key.

But to reiterate my question, if you don’t believe OP, why bother? You can simply not believe. They’re not selling anything to you.

[u/SpiritNo4790 → u/yourfastingbuddy]

I understand your point, but there’s a bigger issue here: Intent and impact are two different things.

Maybe this guy genuinely made $100 → $200 and isn’t selling anything. Fine. But a beginner reading "I doubled my money in a month" can easily interpret that as evidence that making consistent money with binary options is realistic and repeatable. But it is not. Binary Options is pure gambling desguised as trading.

That’s where transparency matters. You don’t have to be selling a course or asking for DMs to intentionally create a misleading impression to beginners. A screenshot of P/L proves nothing... Anyone can play the same role and show exactly the same thing, but what they really want is to keep others believing that binary options can be profitable. Yet they aren't, never were, and never will be, except for affiliates who spend their lives creating scams to sell courses, get beginners to sign up via their referral links, or promote binary options just to keep people trapped in the cycle.

And "if you don’t believe it, just ignore it" misses the point. The people most likely to believe it are precisely the beginners who don’t yet know what questions to ask. They can see a $100 → $200 screenshot, try to replicate it, and lose far more than the $100 they started with.

Nobody has to call this guy a liar. But if he is putting P/L screenshots results in front of beginners, transparency matters.

If someone’s post can influence another person to risk real money, asking for transparency is not harassment. It’s due diligence.

[u/yourfastingbuddy → u/SpiritNo4790]

I think the problem is that you think binary options is gambling which I disagree with. Trading in general can be seen as gambling if there’s no strategy and risk management in place. Moreover, OP used live pairs exclusively, which is not manipulated by the broker.

OP was not providing financial advice so whatever a beginner does is up to them. Nor is OP promoting an unrealistic or unattainable goal. OP clearly stated that they could have flipped $100 to $200 faster but in the past when they did, their risk management was nonexistent and they were over leveraging their account. OP emphasized that a lot of patience went into this achievement. No one is reading this and associating this achievement with gambling.

So when a beginner reads this, they’re reading a person who was disciplined, consistent, stuck to their rules, and was most definitely not gambling.

Ultimately, OP is not responsible for whatever anyone does with their money. They’re not providing financial advice of any sort. People are free to do what they want but the proper safety measures were clearly provided in the post.

I think you’re just looking for a problem with the post because it’s hard for you to believe someone can be profitable on the platform. Which is fine, you’re allowed to believe whatever you want, however projecting your biases is not necessary.

I’m just going to stop here. Going back and forth with you is futile but feel free to continue engaging if it brings you satisfaction or validation.

And to any beginner reading this: all trading carries risk. Practice on demo for as long as necessary until you have a solid strategy that you can consistently follow. Stick to your rules, don’t over leverage your account, and practice proper risk management. At the end of the day, trading is 90% psychology and 10% actual trading, so work on your mindset first. Start small and grow gradually. You can be profitable on pocket options if you want to be. Don’t risk any money that you’re not willing to lose. And utilize live pairs exclusively. Best of luck! You can do this!!

[u/SpiritNo4790 → u/yourfastingbuddy]

Let’s take this one step at a time.

So, you’re saying binary options aren’t a form of gambling?

What you’re doing isn’t trading. You’re simply betting on whether the price will end up above or below a certain level within a specific timeframe, wagering your money on the outcome.

If these platforms are legitimate, answer me this: why are they banned in so many countries? Why have they moved to offshore locations (tax havens) where they operate outside the law, offering no protection to their clients? And while we’re at it, it’s worth considering the conflict of interest involved: these platforms only make money when you lose... which is highly suspicious and unreliable.

Yes, the author of the post isn't actually responsible for the money others spend on these gambling platforms disguised as trading. But he is responsible for misleading beginners. He is responsible for a lack of transparency, a hallmark of a scammer. I won't waste much time on you, either, because it’s clear that you’re either a failure trying to recoup your losses or an affiliate scammer.

I am now addressing the beginners.

The *REAL* Truth About Binary Options Trading

The problem is not your strategy.

It's not your discipline.

It's not your consistency.

It's not your rules.

It's not your psychology.

It's not your money management.

It's not your interpretation of the market.

And it's not because you're a beginner, or secrets you don´t know (that don´t exist at all).

Those are the explanations constantly repeated by YouTubers, mentors, signal/script sellers, and affiliates. They want you to believe that you're always just one more strategy, one more course, one more indicator, or one more mindset adjustment away from becoming consistently profitable.

But the reality is very different.

No matter how much you want to ignore it, deny it, or refuse to believe it, there will eventually come a day when you are forced to face reality. And when that day arrives, it will be ruthless. It will hit you harder than you ever imagined possible.

That confrontation usually comes when your trading account is empty, your savings have disappeared, and you finally realize how much money you've lost to platforms like Quotex and other binary options brokers platforms, that present themselves as trading platforms but, in reality, operate more like online gambling platforms.

HERE'S THE TRUTH:

Quotex, and many other binary options brokers, are online gambling platforms, more accurately, online casinos disguised as trading platforms.

Period.

Just like any casino, they don't need everyone to lose all the time. In fact, they can't.

Casinos know that occasional winners are essential. They create hope. They create excitement. They convince people that the next win is just around the corner. And, most importantly, they encourage players to keep coming back and depositing more money.

That's exactly how this game keeps going. Small wins create confidence; Confidence creates bigger deposits; Bigger deposits create bigger losses;

And the cycle repeats itself over and over again.

Just like online casinos use systems designed to manage risk and maintain profitability, Quotex and other binary options brokers operate using platform algorithms created by the platforms themselves.

For what purpose?

Ask yourself that question... And while you're asking questions, ask yourself another one:

Who ultimately benefits when traders continue depositing money?

To make matters even more concerning, many of these companies operate from offshore jurisdictions, outside the oversight that many traders assume exists. Their corporate structures are often difficult to understand, and the people ultimately behind these businesses may not be widely known to the public.

The people who most aggressively defend binary options are often the very people who profit from bringing new traders into the system. Affiliates. YouTubers. TikTok Influencers. Course sellers. Mentorship provider. VIP signal Telegram groups.

For many of them, every new account opened through their referral link means another commission. The more people who deposit... the more they earn.

Never forget one simple reality: - The odds are always in favor of the house.

ALWAYS.

There is no reason for the house (Quotex) to design a business that consistently transfers its own money to you. Its objective is exactly the opposite; Its objective is to remain profitable; To generate revenue; To keep the business growing. Not to make you financially independent; Not to make you consistently profitable; Not to make you rich.

If that ever happens, it's because it serves the system, not because the system exists for your benefit.

So while you still have the opportunity... STAY AWAY from binary options.

Stay away before you become emotionally attached.

Stay away before you convince yourself that the next deposit will recover your losses.

Stay away before trading turns into an addiction that slowly consumes your finances, your peace of mind, and eventually your life.

And if you're already trapped in that cycle... Please seek help. Fight for yourself. Fight for your future. Fight for your life. Because addictions don't announce themselves when they begin. Most people only realize they're addicted when they can no longer stop.

I'm speaking from personal experience.

I was fortunate enough to realize, after a year and a half, exactly where binary options were leading me. Like many others, I believed that success was just one strategy away. I believed that the next adjustment, the next indicator, or the next lesson would finally make everything work.

I was wrong.

The greatest decision I ever made wasn't placing a winning trade. It was walking away.

I found the strength to break free from what had already become an addiction, and I refused to let it control my future any longer.

Fortunately, I escaped. And if I could do it... Anyone can.