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I met someone that claims to have a foolproof trading system for binary options that makes a lot of money, should I let him use my money and get some profits?
I have $3000 savings. This guy I met, trades binary options, he appears to do really well. He's 26 years old, been trading for 4 years, and he drives a Rolls Royce. He has offered to use my money to trade with and I get to keep 75% of the profits. Should I? Edit: Thanks for the responses. Okay, I'm going to buy the Samsung Galaxy S8 then!
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Are binary options a scam? Can you make any money on them?
I came across another one of those videos on a web site promising BIG MONEY with their FREE SOFTWARE that make AUTOMATIC TRADES blah blah blah. I listened and it took me to a site called bee options.com. After researching a bit I discovered it was binary options trading. I know jack shit about this but Forbes says it is basically gambling, unregulated and very risky. Most other places said about the same thing but a few were touting big success stories and big gains. Im not looking for a get rich overnight fix but I am interested in anything that can potentially make money. Does anyone have any real world experience with this site or binary options in general? Thanks!!
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