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I Give Up on Binary Options...

0h 10m video Published May 21, 2026 Transcribed Aug 5, 2026 B Berman Trader
Beginner 5 min read For: Aspiring traders and individuals interested in financial markets, particularly those curious about binary options and their alternatives.
AI Trust Score 55/100
⚠️ Average / Some Fluff

"Title promises a departure from binary options, but the video is mostly a promotional pitch for a similar product, padded with personal philosophy."

AI Summary

The video is a personal statement from a Brazilian trader who was a pioneer in the binary options market but now advises against trading traditional binary options. He explains the evolution of the market into 'new options' and promotes a specific broker, Binex, while sharing his philosophy on trading and risk.

[00:04]
Abandoning Binary Options

The speaker, a pioneer of binary options in Brazil, declares that it no longer makes sense to trade binary options due to lack of regulation and increasing fraud.

[00:48]
Regulated Alternatives

Mentions that in the US, prediction markets like PolyMarket and Kalshi are regulated and operate similarly to binary options, with Kalshi founded by a Brazilian woman.

[01:13]
Impact on Day Trading

Believes binary options lowered the barrier to entry, contributing to the day trading boom during the pandemic.

[01:44]
2026 Trading Performance

States that 2026 is a difficult year, but his recent live streams have been positive, with all sessions documented on YouTube.

[02:13]
New Options Evolution

Introduces 'new options' as an evolution of binary options, using real charts mirrored from major crypto brokers and an order book system where traders trade against each other, with the broker earning a small commission.

[02:53]
Free Course

He created a 100% free course teaching advanced beginner-level skills for operating in this new mode, with analysis similar to binary options but a different approach.

[03:19]
Broker Profit Model

In new options, the broker profits from volume, not from traders losing, so the broker wants traders to trade more, regardless of win or loss.

[03:45]
Using 'Binary Options' Keyword

He uses the term 'binary options' because it has higher search volume, even though he promotes new options, to attract people searching for binary options and show them a better alternative.

[04:38]
No Traditional Binary Options Broker

He states that no traditional binary options broker is worth trading with, citing a flood of complaints, while his chosen broker has fewer, resolvable complaints.

[05:03]
Invitation to Watch Live

He invites skeptics to watch his live trading sessions and see people profiting and withdrawing funds without issues.

[05:31]
Promotional Offer

He promotes a sign-up bonus of R$25 and a mission-based reward system where traders can earn up to R$60 in 30 days by completing daily volume goals.

[06:15]
Business Decision

He explains that as an entrepreneur, he could make more money promoting traditional binary options due to higher search volume, but he chooses transparency and principles over profit.

[07:34]
Life Lessons from Trading

He emphasizes that trading teaches valuable life lessons, such as risk appetite and emotional control, which are beneficial even if one doesn't make a profit.

[08:47]
Focus on Process

His motto is 'process, result, consequence.' Focusing on the process leads to better results and personal growth, while focusing only on money leads to misery.

[09:28]
Trading as a Lifetime in Minutes

He describes trading as 'a lifetime in minutes,' condensing years of financial gains and losses into weeks, which conditions the brain to have an appetite for risk, a trait of successful entrepreneurs.

The speaker urges viewers to make intelligent decisions about where to trade and who to follow, emphasizing the importance of process over money and the value of learning from trading.

Mentioned in this Video

Study Flashcards (5)

What is the main reason the speaker gives for abandoning binary options?

easy Click to reveal answer

Lack of concrete regulation and increasing fraud in the market.

00:04

What is 'new options' according to the speaker?

medium Click to reveal answer

An evolution of binary options using real charts mirrored from major crypto brokers and an order book system where traders trade against each other.

02:13

How does the broker profit in the 'new options' model?

medium Click to reveal answer

The broker earns a small commission from the volume of trades, not from traders losing.

02:40

What is the speaker's motto?

easy Click to reveal answer

Process, result, consequence.

09:00

What does the speaker mean by 'trading is a lifetime in minutes'?

hard Click to reveal answer

Trading condenses years of financial gains and losses into weeks, conditioning the brain to have an appetite for risk.

09:28

💡 Key Takeaways

💡

New Options Concept

Introduces a novel trading model that addresses the flaws of binary options.

02:13
📊

Broker Profit from Volume

Explains a key difference in the business model that aligns broker incentives with trader activity.

03:19
⚖️

Choosing Transparency Over Profit

Highlights a principled business decision despite financial incentives to do otherwise.

06:15
💬

Trading as a Lifetime in Minutes

Offers a powerful metaphor for the accelerated learning and risk conditioning trading provides.

09:28

[00:04] trading binary options. In my view, it no longer makes sense for you to trade no longer makes sense for you to trade binary options. Yes, I own the binary options. I was one of the pioneers of this market in Brazil and

[00:20] I'm very well known because of it. But if you know me, perhaps you also know the downside of binary options. Unfortunately, as time went by, as the years passed, many brokerage firms that were once good

[00:34] started to become bad. Unfortunately, there is no concrete regulation for this market. And incredibly , in the United States today, Polyarket and C, which are prediction markets, have created a business model

[00:48] that is practically binary options with a few minor differences, and they are regulated in the United States. C was founded by a Brazilian woman. The binary options, is often misunderstood, but the

[01:01] truth is that it's very similar to many things that already exist in the financial market. And I believe that if it weren't for binary options, there wouldn't have been a boom in the day trading market in general, even in the

[01:13] national stock exchange, like there was during the pandemic. Why? Because the barrier to 's actually much easier to trade, much simpler. There's no way many markets where you can owe money to the brokerage firm, the

[01:28] bank, or wherever you're trading. But I'm not here to defend bad stuff, a lot of rotten stuff, a lot of fraudulent brokers, and a lot of people just trying to scam people. I performed live trading several times during 2025 on my

[01:44] YouTube channel. Everything is saved there. The year 2026 is proving to be a difficult year to operate in. Even so, I'm operating. In the last few live streams I did, they were all positive, but obviously there were negative moments, and that's all documented. Just

[01:58] in the market, but I'm not trading binary options. I'm not trading on the brokerages you most likely know. The truth is that I'm operating in the evolution of binary options, which is what I call

[02:13] new options, where you take the simplicity of binary options, the payout issue, fixed, etc., inspiration time, but using real charts mirrored from the main crypto brokers in the world. Furthermore,

[02:27] an order book system, similar to that which exists on the national stock exchange, where it's trader against trader, means the brokerage firm won't profit from the one trader against another. The brokerage

[02:40] earns a small commission, a small difference from the payout rate. And that's why I operate on Ibnex. If you've been following me for a while, you may have already heard me mention this brokerage firm. The way it operates is not the same

[02:53] as binary options. And that's precisely why I created a 100% free course, which teaches advanced beginner-level skills. How to operate in this mode? How to analyze? The analysis part is very similar, only the way to approach it is a little different.

[03:06] Why? Because it's the evolution of the binary options market. In binary options, the broker wanted you to lose at all costs. With the new options and the evolution of the market, you only need to trade and generate volume,

[03:19] because the brokerage firm profits from the volume. The more people trading, the more the brokerage firm will earn. It doesn't matter if you're winning or if you're if you're winning or if you're losing. I like this model, but I

[03:33] losing. I like this model, but I sometimes still say it's binary options. Why? Because, whether we like it or not, binary options is a much more searched term than new options. I recently even

[03:45] posted a video, it's still open on my screen, about the best binary options broker for day trading in 2026. And in that video I say it's Binex, but I also explain that it's not exactly binary options. But why do

[03:57] binary options? Because I want people who are researching binary options to stumble upon my video and see that there's something very similar, but better, and that it makes more sense to switch to what's superior.

[04:11] : "No, but Forex is better, ah, but trading crypto futures is better. Ah, trading on the B3 is better." If it's truly better for the person and they draw that information, that conclusion, they will operate in a different market. I'm not here

[04:26] operate in a different market. I'm not here to convince you to trade options, new options, Forex, B3, or Crypto. I'm here to show you what I think is best. And today there

[04:38] is no traditional binary options broker that, in my opinion, makes sense for you to waste your time trading with. Just look at the sheer number of complaints. It does n't mean that the brokerage I

[04:51] use doesn't have complaints; it does , but these are complaints that get resolved, they are specific cases, not a flood of complaints. Are you

[05:03] still suspicious? Watch one of my live trading sessions, join the chat, and see how many people are profiting along with me, withdrawing funds, without any headaches or problems. Just look at the chat. Usually, those who criticize aren't even the ones operating here; they just joined

[05:16] even the ones operating here; they just joined to talk nonsense, okay? So yes, I gave up trading binary options. There's no point in trading binary options when there's something better out there. And I'm here inviting you to discover something better.

[05:31] By creating your account using the first link in the description, the broker's link, you can You're getting R$25 that the brokerage is giving you. If you complete daily missions for 30 days, after 10 days you earn 10, 20 days, 20, 30 days, and then another 30. In

[05:46] total, you can earn 60 in 30 days just by completing daily missions, which is about positive, just hitting the volume goal. It ended up breaking even , you hit the volume target, you did it day after day, and at the end of the month, you might already have 60 that you can

[06:00] with that money. And even though it's in dollars, deposits and withdrawals are made via Pix or dollars, deposits and withdrawals are made via Pix or in crypto, if you prefer. It's OK? in crypto, if you prefer. It's OK? So stop and think, I

[06:15] could be here, think about the business side, think about the business aspect, don't think about the trading part, think about me as an entrepreneur, owner of the largest binary options channel in the world. Binary options

[06:35] much easier. If I wanted to, if I were thinking about profit, I would promote a were thinking about profit, I would promote a binary options" has more searches than " new options." There are much

[06:50] use, which is bnext. When I talk about her, I get fewer views, get fewer views, but when you're a person with principles, you'll make a decision not based on money, but based on what

[07:03] your heart is telling you. And my heart chose truth and transparency, not money. And that's why , regardless of the business, whatever it may be making a lot more money doing something else, but I'm not. I'm

[07:18] something else, but I'm not. I'm here to share information and instruct you about the brokerage firm I've chosen to use. Then you have two options: use it, or not use it. Regardless of what you do,

[07:34] if I can impact you in any way, I'll tell you, don't give up on you can trade cryptocurrencies, you can trade something else, learning you'll gain for your life is immense. Even if you don't make a

[07:48] profit, most people will lose money. The learning you get, if you learn the right way. Graph analysis, analysis of the past, understanding the present, attempt to predict the future. That's life,

[08:02] you look back, see what you've done, you focus on the present to understand what's happening, and you look towards where you want to go, right? When you're operating, where are you going to expend the most energy? It is in the present moment, in the

[08:16] be imagining how high the graph could go, nor will you spend 5 hours looking at the past. That's how life is too. How much of your life are you going to spend too. How much of your life are you going to spend there? 10% in the past, 70%

[08:34] there? 10% in the past, 70% in the present, and 20% in the future. That's it, okay? or anxious. Another lesson from the emotional market.

[08:47] cope better with loss. So, if you want to become an entrepreneur, or if you already are one, it will improve your life. Do you know when trading destroys someone's life? When a person focuses only on money. That's why my motto has

[09:00] process, the result, and the consequence. won't make money trading, you 'll still lose, and you'll continue to live a miserable life, and you might even become a bitter person

[09:13] because of life. Now, if you focus on the process, you're much more likely to get results in trading, but even if you don't, you'll have learned lessons that some people take years

[09:28] to learn in weeks. Trading, I usually say, is a lifetime in minutes. What a person gains and loses money in 10, 20, or 30

[09:42] years, you can gain in a week, in a few months. You think this is bad, but it's conditioning your brain to have an appetite for risk. And all the multimillionaires and billionaires in the world are people who have an appetite for

[09:55] risk. So, if you want to be part of the world's minority, you need to have an of the world's minority, you need to have an appetite for risk. And trading is what gives appetite for risk. And trading is what gives you an appetite for risk if you

[10:08] you an appetite for risk if you learn it the right way. So, do what you think is best, but honestly, don't be careless when it comes to your money and your time.

[10:22] Carefully consider where you will operate, who you will follow, and which market you will operate in. Maybe you won't follow what I'm saying, you'll follow someone else, that's fine, but think about it

[10:34] intelligently, like, "Hey, the guy could be doing this, but insisting so much on this thing that I do n't want to. But let me take a look at that and analyze it.

[10:49] Make sure you're thinking in a really intelligent way, okay? So there's a suggestion for you, okay? Goodbye.

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