In today’s edition, I’ll be reviewing a trading forum, that’s been serving the binary market for nearly 6 years, Binary Options That Suck. While the name of the website could use a little work, it certainly worked out well for them, as it drew attention to their project, and eventually depicted a market that was full of crappy services. Yet, their main focus isn’t on scams, but their CommuniTraders forum with both thousands of threads and subscribers.
Established in 2011, the BOTS site is owned and operated by Martin Kay. There are other authors as well, including Okane, but Martin is the main man. There is no information outside of this website on Martin, and it’s unknown where the head offices for this project are located. To get in touch with the team, traders can email Info@Binaryoptionsthatsuck.com.
Binary Options That Suck Review
While there is the main Binary Options That Suck website with reviews and ratings, the most of my time spent here is on the forum. I find that the CommuniTraders group, is one of the better forums in the binary options marketplace. If you are willing to spend the time, and dig through the threads, you will find some valuable information and daily suggestions that can certainly help your trading efforts. I believe that being part of the community like this, is very important for manual traders, and those that are just looking to stay on top of the most current binary options trading strategies.
I also appreciate how the forum approaches new traders. Often joining a community of this magnitude can be daunting, but with a full beginners lounge, there are quite a few sticky threads that are helpful, including free introduction webinars and different trading groups.
If you know me, you know that my main approach is binary options software, and strategies that essentially do the work for me. This is always going to be my approach, but I will still spend time going through different forums to keep up-to-date with what’s going on in the marketplace, and what other traders are currently testing in their personal trading approaches. From time to time I will find valuable information that I will use in my own systems, and strategies.
- Type: Forum
- Founded: 2011
- Platform: CommuniTraders
- Focus: Beginners / General Trading
While the last form that I reviewed, Binary Options Edge, focused more on binary options strategy, the Binary Options That Suck forum is focused mostly on their social trading platform, and beginners lounge. Don’t get me wrong, the strategies and tools sections each have around 300 threads, but the CommuniTraders social trading platform has almost 3000 threads, and over 16,000 posts.
Social Trading Platform
As far as I’m concerned, the most helpful aspect of the Binary Options That Suck forum, is the social trading platform. This area of the website, essentially gives traders free trading signals and insight into current market conditions. Traders frequently update sample trades, to show the community their personal trading approach, which in turn helps fellow traders adjust their strategies and prepare for similar trades of their own.
I’m not sure if these trades are being updated after the trade, but even if there are, there are also traders providing their own analysis and giving advice on different price movements.
While there is a learning curve to this section of the forum, I do recommend the traders who are focused mainly on manual trading, come here and check it out.
For those like myself, who are more interested in different tools and indicators that help with trading binary options in MT4, I recommend checking out that part of the forum as well.
In terms of helpful resources in the binary options market, the Binary Options That Suck forum ranks near the top. There are many helpful threads, and sections of the forum to help every level of trader. I believe that the newbie section is a great way to start your trading journey, and then upgrade to other threads like the social trading platform, and broker reviews as you grow your trading skills.
If you are a member of this forum, and you want to leave your comments and experiences about what they have to offer, please do so now. Thank you for reading this review, and please let me know if you have anything you would like to add at any time.
Binary Options That Suck N/A
Content - 81%
Readability - 68%
Community - 73%
Feedback - 72%
Support - 60%
Very active community
Lots of topics
Not as active in 2020