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Posted August 26, 2016 by Angelina19

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Unfortunately the mainstream financial press doesn't have much to say about the field of binary contracts. Dr. Jon Najarian, a host of the CNBC television program "Fast Money," calls binaries "training wheels" for getting involved in traditional options. Najarian says that binary options will have wide appeal to "individual investors, hedge funds and institutions, who have an opinion, one way or another, on future price movements." An article entitled "Don't Gamble on Binary Options" appeared in.

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Forbes magazine in 2010. Gordon Pope, the author, spent two pages convincing the readers to stay away from binary options. He closes the article out by stating that "If people want to gamble that is their choice. But let's not confuse that with investing. Binary options are a crapshoot, plain and simple." It is unfortunate that Pope places binary options in such a negative light. He fails to mention that virtually all types of investments are a crapshoot.
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Last Updated August 26, 2016