The truth about…
2 articles
Products sold as trading that work like something else. We look at how they are built, what their own issuers say about them, and what regulators have ruled — no adjectives, arithmetic first.
EducationThe truth about…
Synthetic indices are not the market
Its issuer writes that a random number generator produces them and that news does not affect the price. What is left of technical analysis, why the arithmetic is negative-sum, and why "Volatility 75" has nothing to do with the VIX.
SEP/10/20265 min read
EducationThe truth about…
Binary options lose money by design
At an 80% payout, expectancy is −10% per trade and you would need a 55.6% win rate just to break even. What ESMA, the FCA and the CNMV ruled, and why the 74-89% everyone quotes is not about binaries.
SEP/10/20265 min read
