Making money with binary trading

by hck1
7 replies
Hi guys...
Do you have any experience about how to make money with the binary trading? Do online binary websites work? I am reviewing the website Binary options trading strategy | BinaryTradings.info and looking for how to convince myself to enter in the binary trading.
Anyone can help me?
#binary #making #money #trading
  • Profile picture of the author Okay
    Binary trading is a good way to earning money but it required lots of patience. I have no personal experience but some of my friends are earning very well with the binary trading.
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    • Profile picture of the author Rechard
      Do you mind sharing what system they are using that actually earns money? Thanks
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  • Profile picture of the author Rsherwood
    There are a few brokers out there based in Europe, one in particular based in Cyprus. For those that don't know, Cyprus is in dire straits right now.

    Make sure to really research your broker before any investing takes place.

    Recommended brokers:

    NRG Binary
    Redwood Binary

    I am not affiliated with any of the above brokers.

    R.S
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    • Profile picture of the author diggbay
      Here I have tried to provide you simply process about how to start binary trading.

      1) What Are Binary Options?

      Binary options are estimates of underlying assets performance during a given time frame. To understand the beauty of BO trading, let’s first take a look at how investment in other trading markets usually works.

      In most forms of investment the investors actually purchases the asset they invest in and the value of the profit and loss is determined upon the changing value of the asset. If the investor sells the asset back to the market whenever its value increases then they're making a profit, and if they sell the asset back to the market when its value decreases, then their money is lost.

      This type of investment requires the investor to constantly worry about when to sell the asset and get out of the market to avoid exposing his entire account to the market’s volatility. Conversely, BO trading is simpler.

      In options we trade on the market and not in the market like other trading methods, and thus the amount of psychological stress isn’t expressed, as you are just predicting the asset's movement for a predetermine time frame.

      2) The Definition of binary options:

      The word binary stands for “having two parts”. Generally speaking, all you need to do is predict either “Call” or “Put“. BO trading has only two investment possibilities for you to predict and then choose between.

      One investment possibility is expressed when you predict that the price of the asset will rise, this type of investment is named “Call” option. The other possibility is presented when you predict that the price of the asset will fall, this type of investment is named “Put” option.

      Choosing an asset is the first step of your investment. For instance, if you have an interest in gold prices, you may choose to place a binary investment in gold. Obviously, the more familiar you're with the gold market the better your chances are of successfully predicting the fluctuations of gold prices.

      3) What assets can be traded as Binary Options?

      There are many brokers are available in the internet. You can choose for your best one.
      You can either trade with:

      Indices - Such as Nasdaq, Dow Jones, FTSE, Nikkei and many more

      FOREX - Combinations for all the major currencies such as USD, EUR, GBP ,JPY and AUD just to name a few

      Commodities - Gold, Silver, Oil, Corn, Coffee and several more
      Stocks - Over 50 of the biggest and most interesting companies in the world from a variety of industries are available in the Opteck asset list, amongst them - Google, Deutsche Bank, Coca Cola and many many more.

      4) Where Can I learn How to trade?

      Many brokers provide novice and experienced traders a valuable resource for learning and improving your BINARY OPTIONS TRADING techniques and strategies. Every registered Opteck trader has high quality educational material at his fingertips and a smart and diligent trader will always do better than the investor relying on gut feelings and luck.

      5. How do I trade With?:
      You begin by choosing an asset you wish to invest in, let’s say that you are in fact interested in the gold market. If you think that the price of gold is going to rise in the next hour – you simply decide how much you want to invest, the time frames (in this case 1 hour) and instruments. The consequence of these actions could mean a 100% profit on your behalf.

      You can Open an account and start trading right away or, if you would like to try trading for practice purposes first you can try our Binary option demo platform with no risks involved.

      For More information about how to trade binary options ...Click here>>

      Top 7 Proven Ways to Start Binary Options Trading
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      How I made $700 In Less Than 10 Minutes !...See The Video Here.
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  • Profile picture of the author jmferret
    I would recommend study vanilla options first. Marketplace is more transparent, costs are smaller. Most binary firms are casinos playing against you. There was good money to be made when those firms regularly mispriced their options. Not the case anymore.
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  • Profile picture of the author imdreamsfly
    There are some great places to learn how to trade properly. Check out Binary Traders' HQ They have a trial. I am part of the company and totally believe in what we're doing.
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  • Profile picture of the author C G
    How is this related to the mindset section of this forum?

    Cheers,

    C.G.
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