Banc de Binary
Consumer Report
- 06-05-2013
- 39
Below you will see a chat between myself and the Senior Broker Jay Goldmann.
After I deposit 500 USD a very aggressive Account manger called me and ask my to deposit 2000 USD and in few days i will have double or even triple my account and below you will see what happen
[ 5/9 5:21: 42 PM] Jay Goldman: hello Wojnech
[ 5/9 5:22: 19 PM] Wojnech Kulmann: hi just in trading later i wil have time or do you have any intresing pick
[ 5/9 5:24: 12 PM] Jay Goldman: just got back. Will need to check somethings out first
[ 5/9 5:24: 21 PM] Wojnech Kulmann: ok
[ 5/9 7:18: 08 PM] Jay Goldman: let me know when you have some time. Got a big trade
[ 5/9 7:23: 38 PM] Wojnech Kulmann: just sold my last position now i have a bit time
[ 5/9 7:23: 58 PM] Jay Goldman: ok. How did your day go?
[ 5/9 7:25: 28 PM] Wojnech Kulmann: good long Trmd long and short
[ 5/9 7:25: 57 PM] Wojnech Kulmann: YY long
[ 5/9 7:26: 06 PM] Jay Goldman: going to have a big USD/JPY trade coming up
[ 5/9 7:26: 16 PM] Wojnech Kulmann: ok short or long
[ 5/9 7:26: 24 PM] Jay Goldman: short
[ 5/9 7:26: 42 PM] Jay Goldman: can you talk on skype?
[ 5/9 7:26: 45 PM] Wojnech Kulmann: yes
[ 5/9 7:26: 51 PM] Jay Goldman: ok let me call
[ 5/9 7:27: 00 PM] Jay Goldman: Call started
[ 5/9 7:27: 00 PM] Wojnech Kulmann: Call ended
[ 5/9 8:00: 55 PM] Jay Goldman: ok. That did not work out. Let me check something
[ 5/9 8:01: 09 PM] Wojnech Kulmann: oh yes
[ 5/9 8:07: 01 PM] Jay Goldman: ok. Get AUD/USD up
[ 5/9 8:07: 13 PM] Jay Goldman: on 1 of your charts
[ 5/9 8:07: 39 PM] Wojnech Kulmann: this trade ned to work
[ 5/9 8:08: 17 PM] Wojnech Kulmann: dont understand
[ 5/9 8:08: 44 PM] Jay Goldman: just be ready dont do anything yet
[ 5/9 8:08: 53 PM] Wojnech Kulmann: ok
[ 5/9 8:13: 05 PM] Jay Goldman: take AUD/USD up for 18:30
[ 5/9 8:13: 44 PM] Wojnech Kulmann: done
[ 5/9 8:22: 11 PM] Wojnech Kulmann: dont look good
[ 5/9 8:29: 33 PM] Jay Goldman: not a good start
[ 5/9 8:29: 47 PM] Jay Goldman: i was off on that 1
[ 5/9 8:30: 03 PM] Wojnech Kulmann: a terribele start
[ 5/9 8:30: 14 PM] Jay Goldman: its only 2 trades
[ 5/9 8:31: 35 PM] Wojnech Kulmann: i know at is only 2 trades but my account has been burned 50%, i now that i put the money but i see no startegy behind it
[ 5/9 8:31: 46 PM] Wojnech Kulmann: just guessing
[ 5/9 8:32: 03 PM] Jay Goldman: i will give you 1 more trade to do with the entire amount
[ 5/9 8:32: 27 PM] Jay Goldman: its not guessing... Give me a bit more credit then that
[ 5/9 8:32: 39 PM] Wojnech Kulmann: i will not addd 250 USD on single trade
[ 5/9 8:32: 54 PM] Jay Goldman: ok. Your decision
[ 5/9 8:33: 02 PM] Wojnech Kulmann: yes at is
[ 5/9 8:35: 07 PM] Jay Goldman: get ready on USD/JPY again
[ 5/9 8:35: 18 PM] Wojnech Kulmann: yes
[ 5/9 8:35: 25 PM] Jay Goldman: it broke the 100 level. Its going to keep rising now
[ 5/9 8:35: 39 PM] Wojnech Kulmann: so what do i need to do
[ 5/9 8:36: 13 PM] Jay Goldman: take it up right now for 19:00
[ 5/9 8:37: 08 PM] Wojnech Kulmann: done
[ 5/9 8:44: 34 PM] Jay Goldman: EUR/USD down for 19:0
[ 5/9 8:44: 39 PM] Jay Goldman: 19:00
[ 5/9 8:45: 12 PM] Wojnech Kulmann: jay i will watch this trade first
[ 5/9 9:00: 55 PM] Wojnech Kulmann: Jay this is a terrible performace, and at has no startegy behind it sorry, come up with a working startegy
[ 5/9 9:03: 54 PM] Wojnech Kulmann: this is not working at all
[ 5/9 9:04: 00 PM] Jay Goldman: give me a sec
[ 5/9 9:18: 40 PM] Jay Goldman: you there?
[ 5/9 9:18: 48 PM] Wojnech Kulmann: yes
[ 5/9 9:19: 39 PM] Jay Goldman: ok. Listen binary options is a bit different then what you are used to
[ 5/9 9:20: 00 PM] Jay Goldman: i am not making excuses, but sometimes we will lose a few trades in a row
[ 5/9 9:20: 04 PM] Jay Goldman: it happens
[ 5/9 9:20: 45 PM] Jay Goldman: its a timing issue, and there will be days in the shorterm were we will lose money
[ 5/9 9:20: 58 PM] Wojnech Kulmann: and the excuse that everything, i know what BO is
[ 5/9 9:21: 30 PM] Wojnech Kulmann: since we lost you did not explain why this trade will work
[ 5/9 9:21: 43 PM] Wojnech Kulmann: you just said call and put
[ 5/9 9:22: 05 PM] Jay Goldman: i was going by technical indicators
[ 5/9 9:22: 37 PM] Wojnech Kulmann: i know that lossing is part of the game but i will just a working strategy and this is not workig sorry
[ 5/9 9:22: 56 PM] Jay Goldman: how can you say its not working after 3 trades?
[ 5/9 9:23: 25 PM] Jay Goldman: and if we won those 3 trades? Then it was working?
[ 5/9 9:23: 36 PM] Wojnech Kulmann: ok let me ask you a other question how many times i need to flip a coin to win
[ 5/9 9:24: 00 PM] Jay Goldman: how i work is thiis
[ 5/9 9:24: 41 PM] Jay Goldman: mathamatically in binary options you are risking $100 to win $75-80
[ 5/9 9:24: 57 PM] Wojnech Kulmann: jay at is getting emotional here you defend your part and i defend my position
[ 5/9 9:25: 32 PM] Jay Goldman: as you can see we need to be successful in about 60% of our trades if we take the same amount on each position
[ 5/9 9:25: 59 PM] Jay Goldman: what i do is trade big, when i have a very strong trade
[ 5/9 9:26: 22 PM] Jay Goldman: either very strong technical signal or a big event and so on
[ 5/9 9:26: 27 PM] Wojnech Kulmann: and those 3 trade have been strong
[ 5/9 9:27: 06 PM] Jay Goldman: when the trade is percieved not to be as strong. But i still think we will be successful most of the time i will trade smaller
[ 5/9 9:27: 50 PM] Jay Goldman: so if we are hitting our big trades and losing our smaller ones the overall success rate does not really matter
[ 5/9 9:28: 18 PM] Wojnech Kulmann: yes i agree but this is not the case at the moment
[ 5/9 9:28: 41 PM] Jay Goldman: but anyway you will lose about 30%-35% of your trades
[ 5/9 9:28: 44 PM] Wojnech Kulmann: as i told you i hate Forex and you still you told me this is your expertise in it
[ 5/9 9:29: 10 PM] Wojnech Kulmann: and i trust you
[ 5/9 9:29: 28 PM] Jay Goldman: i have been very successful. But in the short term i can lose
[ 5/9 9:29: 47 PM] Jay Goldman: i dont think these 3 trades are enough of an indication
[ 5/9 9:30: 06 PM] Wojnech Kulmann: what indication you mean
[ 5/9 9:30: 19 PM] Jay Goldman: the same way if we would have won these trades, i dont think it would mean anything as well
[ 5/9 9:30: 48 PM] Jay Goldman: there is going to be a lot of variance in the short term
[ 5/9 9:31: 40 PM] Wojnech Kulmann: jay come up with a startegy but my postion now is i need to regain the 300 USD FIRST
[ 5/9 9:32: 07 PM] Jay Goldman: ok we will. I am asking for 1 week
[ 5/9 9:32: 20 PM] Jay Goldman: then you can make an informed decision
[ 5/9 9:32: 25 PM] Wojnech Kulmann: ok you will get this week
[ 5/9 9:33: 50 PM] Wojnech Kulmann: i do expect the following tradesignal / volume idication big medium and small and timing
[ 5/9 9:34: 06 PM] Jay Goldman: yes you will have that
[ 5/9 9:34: 11 PM] Wojnech Kulmann: ok
[ 5/9 9:35: 15 PM] Jay Goldman: good. Now I want you too add another $500... To work with for next week
[ 5/9 9:35: 28 PM] Wojnech Kulmann: no way that i will add 500
[ 5/9 9:35: 43 PM] Jay Goldman: we only have $200 right now
[ 5/9 9:35: 52 PM] Wojnech Kulmann: correct
[ 5/9 9:36: 43 PM] Wojnech Kulmann: can you do it or not
[ 5/9 9:38: 27 PM] Jay Goldman: add another $300 then too bring us back to $500... Or next trade put in the entire balance
[ 5/9 9:40: 20 PM] Wojnech Kulmann: jay no i will nnot add any money on my account until we regain the back to orginal
[ 5/9 9:40: 40 PM] Wojnech Kulmann: amount
[ 5/9 9:41: 41 PM] Wojnech Kulmann: i just need to know yes or no and if its no i learned my lesson
[ 5/9 9:43: 17 PM] Jay Goldman: one sec am on a cal
[ 5/9 9:43: 26 PM] Wojnech Kulmann: ok
[ 5/9 9:46: 34 PM] Jay Goldman: allright. Lets talk on Monday. And i will get back your funds
[ 5/9 9:46: 53 PM] Wojnech Kulmann: ok
[ 5/9 9:47: 02 PM] Jay Goldman: have a nice weekend
[ 5/9 9:47: 08 PM] Wojnech Kulmann: you too
[ 5/13 5:46: 41 PM] Jay Goldman: wojnech. Whats up?
[ 5/13 5:48: 40 PM] Wojnech Kulmann: working
[ 5/13 5:49: 12 PM] Jay Goldman: have a big opportunity on a long term AUD/USD trade
[ 5/13 5:50: 08 PM] Wojnech Kulmann: i know i have added all AUD / USD Call at 0.9958
[ 5/13 5:50: 52 PM] Jay Goldman: i have a 1.5 month trade on our platform on it
[ 5/13 5:51: 42 PM] Wojnech Kulmann: what a 1.5 month ist this a grandfather trade
[ 5/13 5:52: 03 PM] Jay Goldman: expiry at the end of june
[ 5/13 5:59: 13 PM] Jay Goldman: its a great price to do it right now
[ 5/13 5:59: 54 PM] Wojnech Kulmann: I understand but if i enter such trade i will enter with 5000 usd and nit with 200
[ 5/13 6:00: 08 PM] Jay Goldman: off cours
[ 5/13 6:47: 21 PM] Jay Goldman: wojnech. I think it a great opportunity to make 77% in less then 2 months on this trade
[ 5/13 6:52: 05 PM] Wojnech Kulmann: Jay I do agree, but i need to be sure about the opportunity, as a example i invested 80'000 in EAC 2 3weeks ago and today i have a unrelized gain of 34K 4 days ago I invested only 500 shares at TSLA Tesla motors and today i have 6000 unrelized profit those are groundbreaking opporunities
[ 5/13 6:55: 30 PM] Jay Goldman: sure there are plenty of great opportunities
[ 5/13 6:55: 41 PM] Jay Goldman: this is another one
[ 5/13 6:56: 36 PM] Jay Goldman: i am so confident, that i am willing to insure it for you
[ 5/13 7:54: 57 PM] Jay Goldman: what do you think?
[ 5/13 7:55: 31 PM] Wojnech Kulmann: no first not with this amount and i need confient first
[ 5/13 7:55: 47 PM] Jay Goldman: so do a smaller amount
[ 5/13 7:56: 02 PM] Jay Goldman: you yourself said its a good trade
[ 5/13 7:56: 07 PM] Wojnech Kulmann: that that make no sense for me wait until june
[ 5/13 7:56: 17 PM] Jay Goldman: so its like a catch 22
[ 5/13 7:58: 09 PM] Wojnech Kulmann: yes at is a catch 22, if i go such a long term i need comnfident abiut the trade, and the money which which supports it
[ 5/13 7:58: 36 PM] Jay Goldman: but you know already its a good trade
[ 5/13 7:58: 43 PM] Jay Goldman: even before you spoke to me
[ 5/13 8:07: 55 PM] Wojnech Kulmann: BO is a side business for me but still i need to have a working startegy the goal should be 350 USD per day profit. I did today 3 trades at the cedar Platform and 2 have been won thats what i expect from Banc de Binary
[ 5/13 8:08: 24 PM] Jay Goldman: ok. But you need to give me an opportunity to do that
[ 5/13 8:08: 58 PM] Wojnech Kulmann: yes but a opportunity which is in June is not a opetion we had a plan last week the gain the lost money
[ 5/13 8:10: 12 PM] Jay Goldman: yes but my strategy includes both long and short term trading
[ 5/13 8:13: 34 PM] Wojnech Kulmann: jay... Understand which is good, i lost last week 300 from 500 USD and i do not wait to regain 300 until june. Which is not a play for me Long term means hugh money short term little money
[ 5/13 8:45: 31 PM] Jay Goldman: wojnech. I need a few weeks to prove myself to you, and am more then willing to do it
[ 5/13 8:46: 13 PM] Jay Goldman: but I am not going to be able to with $200 in the account
[ 5/13 8:48: 36 PM] Jay Goldman: i need more then that to be in there. So its worth it for me
[ 5/13 8:49: 08 PM] Jay Goldman: you can place $10 trades for all i care, but the capital in the account has to be more
[ 5/13 8:54: 38 PM] Wojnech Kulmann: Jay honestly i have enough this back and forward brings me nowhere, I know what are the risk but you need to understand my confiedent in Banc de binary is distroyed due the last losses, until end of the week i will made my decision.
[ 5/16 8:00: 11 PM] Jay Goldman: wojnech. Whats up?
[ 5/16 8:18: 07 PM] Wojnech Kulmann: trading
[ 5/20 6:50: 57 PM] Jay Goldman: AUD is on the move buddy
Dont trade with this guy
Company: Banc de Binary
Country: USA
State: New York
City: New York
ZIP: 10005
Address: Trump Tower, 40 Wall Street Floor 28
Phone: 8006566163
Site: bbinary.com