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  1. #1
    Rookie Member Cerberus's Avatar

    lurking for a bit now.. !!!

    ..I decided to join the forum. Having traded stocks and emini for a long time I considered the
    binary option concept a license to steal money from the hopeful public.
    I still believe that is a fact however being a tennis fan I happened to see Boris Becker's face
    on 24option. I figured if he is risking his reputation I might just take a closer look.

    While online searching this site's name stuck out ".. thatsuck" is sure different and somehow implies
    that one should find honest info, bad or good.

    So far I did gather a lot of useful information here, the site is nicely organized and apparently
    managed by pros.

    My next step I plan to test 24option, Magnum and Boss. I am also demoing NoaFX which is Meta4 based.
    I am looking at stock.com but I could not find any info.

    GL trading everybody

  2. Thanks Pinayito, Kolyo thanked this post
  3. #2
    Solid Member Pinayito's Avatar
    Quote Originally Posted by Cerberus View Post
    ..I decided to join the forum. Having traded stocks and emini for a long time I considered the
    binary option concept a license to steal money from the hopeful public.
    I still believe that is a fact however being a tennis fan I happened to see Boris Becker's face
    on 24option. I figured if he is risking his reputation I might just take a closer look.

    While online searching this site's name stuck out ".. thatsuck" is sure different and somehow implies
    that one should find honest info, bad or good.

    So far I did gather a lot of useful information here, the site is nicely organized and apparently
    managed by pros.

    My next step I plan to test 24option, Magnum and Boss. I am also demoing NoaFX which is Meta4 based.
    I am looking at stock.com but I could not find any info.

    GL trading everybody
    Hi Cerberus,
    Welcome!
    Glad to have somebody who is already a pro to join the team here! We could need your advices too! I am newbie and just joined this site lately. Hope to learn from your experience in trading! Cheers!

  4. #3
    Legendry Member Okane's Avatar
    Hey! I'm glad you found us and didn't fall for any scammers!

    Yes, we spend lots of hours trying to provide the best possible education, info
    and more fun stuff for the newcomers. Did you see our free trading platform?
    It's located on top op this page "Start Trading" button.

    You should also check out our school and start learning first.
    http://www.binaryoptionsthatsuck.com/school/
    Live Webinar: Hidden Content
    Join My Skype Group: Hidden Content

  5. #4
    Moderator Kolyo's Avatar
    Hi Cerberus and welcome here!

    We are delighted to see you joining us. We strongly need traders with more experience because binary options is still terra incognita for most of the good traders and we really need to show them it is a genuine and possible way to make money out of the markets with Binary options!
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  6. #5
    Legendry Member Michael Hodges's Avatar
    Now this is a fella who is approaching binary the right way....

  7. #6
    Moderator Kolyo's Avatar
    It will be best if you share your experience with the tested platforms. Are you planning to trade mostly binary options on individual stocks or on futures and indexes too?
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  8. #7
    Veteran Member Dan21's Avatar
    Hi and welcome! I am always happy to see experienced traders join the forum. Your experience will be useful to many and I hope ours will help you too.

  9. #8
    Legendry Member willyw's Avatar
    HI Cerberus, you have are at the right place. A big welcome to you.

  10. #9
    Senior Member linda_fx's Avatar
    Hello! You could open a personal diary. It will help you take track of your progress and it will help us learn from your experience. By the way, I am also a tennis fan.

  11. #10
    Rookie Member Cerberus's Avatar
    Thank you all for the welcome wishes.

    Kolyo: I plan to stick to what I feel most comfortable with, indices, gold, oil

    Following a little research so I get a better idea how much of my $ I am going to
    hand over to the brokers:
    Magnum - digging a bit deeper into this Redtulips Consultants Ltd which is
    the entity listed as standing behind Magnum.
    The director is the 25 year old Oliver George Simpson. Previous director
    was Ms Sarah Ekaete Uko. Simpson is a director in 13 companies, Uko in 5.
    All these 18 companies have the same address:
    1a, Arcade House, Temple Fortune
    London
    NW11 7TL
    which is likely some kind of a law office because at Arcade House
    129 companies are listed
    Have a look at google maps - it's a picturesque setting

    I assume Simpson is just a straw man for whoever the real owners are.

    Uko used to be a director at Marblestone Partners Ltd which Boss capital
    indicates as ownership company. And you guessed it, Simpson is a current
    director at Marblestone.

    Explains the fact that one gets phone calls from both brokers from the
    same phone number 347-918-5906. I guess they use the same boiler room
    to solicit potential clients. Probably some of these guys make calls for
    several options brokers. The Magnum guy called me literally 2 seconds
    after I signed up, no joke.

    I realize complex company structures serve the purpose of tax reductions
    and asset protection.
    I also realize the thin air disappearance act is always around the corner.
    And as always, you not only risk your capital with your trading acrobatic but
    also with your broker. So if you expose your trading capital to a 10% risk per
    trade you expose it 100% with your broker.

    24options seems to be actually located in Cyprus under the company Rodeler Ltd.
    Rodeler also owns zone options, grandoption and 24FX
    No street view, the google guys didn't think it was fun to drive around Limassol
    As per Bloomberg "Rodeler Limited does not have any Key Executives recorded."
    So all phantoms and ghosts LoL
    The Cysec site also list pretty basic info, no director/people names.

    A pretty muddy scenery but that's ok as long as we are aware of this.

    C

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