SolidSnake wrote on 21^st Nov, 2013 at 1:46am:


They probably pay huge commissions and also they pay residual commissions. There is nothing wrong
with binary options per se but they are very high octane investing. I'd rank them right up there with commodity trading since they only last one day usually, so you need to win quick. They are not much better than flipping a coin. The only difference is that your coin is worth a couple hundred dollars.

So why are they pushing them in PTC sites where the majority of members can not even afford $20 for an upgrade? I'd have to question the ethics of something like that. Also, if one out of 1000 people can afford something like that, why take them out of our industry? Assuming this type of trading has the same winning percentage of other people who get into forex/commodity trading (less than 10%), then you are wiping out investors who have the ability to put hundreds of dollars into the industry.

It is economic cannibalism at its worst all for short term gains. Why not train these people in making an income with PTCs instead of sending them off to slaughter for a short term commission?

I guess they figure if they find those 10% who do succeed, those people will make a killing and thus bring big money back to the referrer. I guess it is just too bad about the 90% who get killed along the way