Later over 2 years ago , I discovered an investment instrument called binary options. This is a type of online business, which is really easy. I was never a mathematical genius, but with binary options, I sometimes feel so. I just open a page of Banc De Binary broker or, for example, the popular broker StockPair and in a few minutes I can make money. After opening the page a simple investment option is displayed: up or down? It is a prediction of the growth or decline of an investment asset — eg. I simply predict where the price will move — up or down? Then I press the button and within 60 seconds I make money.
And sometimes I can even make hundreds of dollars a day! As you may have guessed, binary options trading is not entirely without risk. It is always necessary to invest some amount so that we can earn. And depending on the size of our investments we will earn more or less. All you have to do is to say whether the price of gold will go up or down. This, of course, not everyone can do successfully.
But there are some simple strategies that work more or less well. I will now show you a really easy one. Take a look at the chart below price movements of gold from 25 February. When we look at the image, we can see that certain rules repeat and price moves in waves. You can find more about these rules here: Confirming reversal using indicators. Fortunately, we do not have to know these rules in detail — we just have to know how to use them.
Can You Really Make Money Trading Binary Options?
Price will always move in one direction, then another, before being corrected by moving slightly back and this is repeated over and over again. Because of this, the graph looks like waves. Now we know that the price moves in waves. Therefore, we just need to be able to guess where the beginning of a new wave is and make a binary option trade. And within 60 seconds we have made money!
This trading takes a little practice to sort out these waves. Therefore, we recommend trading on a demo account in the beginning — to avoid unnecessary losses! Additionally, the described strategy is really the simplest which you can find, so be careful with it. Been trading for a while now, lost quite a bit of money, but always looking for ways to improve my trading as I am sure I can eventualy make it work.
A Disciplined Approach
Sorry for your lose Serban. I need someone to show me how to make some. Check out IQOption and check out their tutorials. Hey Nondumiso, welcome to howwetrade.
Binary Options Trader Salary
Please tell us more info about your trades. Did you follow any specific trading strategy? What did you trade on? Hi, I have signed up with 3 brokers for binary options account. I have tried trading but most of the time I lost. May I know what is the best strategy or indicators to use.
Using Binaries Long Term
My advice is to understand the fundamentals of the stocks you are trading and use the same techniques to buy options, the only difference, option is cheaper to buy but you only trade options on the money that will not affect your life if you have lost it. My general rule is, a company has the least debt within its sector will sail through the economic downturn and re-gain its winning momentum quickly. Companies with aggressive acquisitions are loaded with debts and easy to crash to the bottom with bad news.
Why is it you read someones recommendations only to go to this website, then that website to see where this is a scam, that is a scam. Its no wonder individuals can invest at all without losing their hard earned dollars. You get a sense of, you cant invest anywhere because someone or some company just blackmailed another on a website report, yet here is the kicker, why would THEY advertise for you to go to THEIR recommended site.
You stated that you have been into stocks for a while. Insane to hear these reports but Ive been told most of these stock programs use an algorithm to indicate what stocks to pick that will win, in which case most of the news publications have their day traders speak about yet when you have questions, the publications tells you that you are not allowed to speak to these people, but their disclaimer says their customer service people are NOT investors or strategist, If I have a publication paper with then the why cant I have my questions answered either by them or their editors.
Who can you trust, yet someone is making a killing in the markets. Im seeing it everyday. What is that used for? Is it for the Broker only, or is that what they can work with. I seen a lot of free accounts to open, is that a red flag because Im concerned about fees and other unknown charges. I am just about to start a blog post and an online community on this appalling rip off culture that seems to be racing unchecked worldwide and relieving people of there hard earned cash in the process. I have lost tens of thousands via what can only be described as legalised scams. I say legalised because no one is interested in doing anything about it!!!
Would love to share my journey with you , it sounds like you are in the same frustrating position as I am. Instead of putting your trust in people out to rip you off again, save your money. Or use a robot to do the guesswork for you. Hello, I have been reading in this thread and yes there are ways to capitalize on binary options.
I really know nothing about binary options trading but I do know individuals who,are very good at making profits so,I became involved with them. My 2 cents…. I tried option robot and made money at first but lost it all eventually I am a USA citizen and there is only one broker available and they are no help at all. Anything is a gamble if you do not know what you are doing. Your email address will not be published.
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Never risk more, than you can afford losing. Trading carries a high level of risk, and we are not licensed to provide any investing advice. Understand the risks and check if the broker is licensed and regulated.
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Binary options are prohibited in EEA. Binary options trading is often done by beginners, but can a beginner really make money doing it? The easy answer that many want to hear, of course, is that sure they can. Binary options trading is not available in all countries.