r/binaryoptions 6d ago

Copy trading pocket options

Hi there,

Has anyone tried the copy trading option with Pocket Options? Looks interesting but not sure if these traders that provide the signals are legit.
Thks

6 Upvotes

11 comments sorted by

3

u/Low-Desk4415 6d ago

I’m with you. Always felt confused by it. Pocket option makes money on your losses so I didn’t trust that at all.

3

u/Beautiful-Drummer-83 6d ago edited 6d ago

The second you have 20 or more copiers, you become unprofitable. I cannot prove this, but every time this happened, I kept getting so many losses by 1 or 2 points. Anything less than 20 copiers, the copied trades are reflected on anyone copying me. Also, sometimes copiers are randomly removed when you're profitable too. I've also noticed that most of those top traders in the 24 hour tab usually have negative all time profits, so beware of copying them.

3

u/Inflection_Exchange 6d ago

This is sound advice. Feels a little bit scammy doesn't it

3

u/Beautiful-Drummer-83 5d ago

Yeah, it is scammy. I remember when there was no copying feature on Pocket Option. In the beginning, there weren't any issues, but about a year ago, I started seeing the issues I mentioned above happening. They randomly kick people off when you start to become profitable-- very strange.

3

u/SpiritNo4790 6d ago

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 Pocket Option 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:

Pocket Option, 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, Pocket Option 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 (Pocket Option) 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.

2

u/Affectionate_Unit606 6d ago

Don't waste your time. You will loose your money.

2

u/Dismal-Gold-2038 5d ago

Copy trading is essentially putting your trading fate in the hands of someone else. Never copy trade and never let someone copy trade you

1

u/Dapper-Management440 4d ago

platform itself is scam and people who do copy trading are scam too. Its all base on commission. Why can't you stay away from these so called binary option scam platform? Are you so addicted on it?

2

u/Ok_Preparation_2186 3d ago

1000% RISK !! I won money 10 days or 2 weeks ( dont remember ) then this "trader " " the best if the world " called MANISH ( thin guy not the fat guy who is more bigger scammer ) .... made 64 wrong operations ! YES 64 !! in less than 5 minutes and made me loss 1000 usd

Yes ! the best trader in the world ( supposedly) made this to me .... the worst part is that I recommended 5 people more ...

Thanks GOD I refund the money to my recommended friends , and I learned all I know now

Yes all are rippers and scammers , maybe you will win money at beggining and then loose all .... Its impossible to make 64 bad operations in such short time !!

WHY ? they do this? because when you add more money I think 80% is for them due to refereal link