internet marketing vs binary trading

14 replies
does anyone here knows about binary option or binary trading using paltform like
traderush,option bit....

can binary trading REALLY make money ?

can i make multiple account per one platform ?
#binary #internet #marketing #trading
  • Profile picture of the author thomas1984
    unless you have alot of money, I would go with forex trading or s&p 500 e mini's..
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  • Profile picture of the author Corey Geer
    Originally Posted by ImStillNewbie View Post

    does anyone here knows about binary option or binary trading using paltform like
    traderush,option bit....

    can binary trading REALLY make money ?

    can i make multiple account per one platform ?
    If you don't have a lot of investment money or money to spend, I really would stay away from anything Forex, Stock Market or Binary Trading related...

    Can binary trading REALLY make money?
    Yes. Just about everything can make money.

    If Trading is really the route you want to go, I would build up some cash to live off of and perhaps even a legit business model so you have some money coming in before attempting that.
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  • Profile picture of the author chiwawa
    I think internet marketing is better. My reasons include the fact that you need huge capital to start out forex trading and you need a lot of patience because most times it doesn't always go as planned. In internet marketing, you need little capital and then hard work to get you there.
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  • Profile picture of the author Vadimarket
    Long story short - DON'T DO IT! When it comes to platforms like traderush,banc de binary etc.. Even if you make any money on one of those platforms, it's gonna be pain to withdraw just a tiny part of it, while depositing is a two second process.

    Forex is actually legit, but like being said, needs a lot of investments.
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    • Profile picture of the author davisbrands
      Originally Posted by Vadimarket View Post

      Long story short - DON'T DO IT! When it comes to platforms like traderush,banc de binary etc.. Even if you make any money on one of those platforms, it's gonna be pain to withdraw just a tiny part of it, while depositing is a two second process.

      Forex is actually legit, but like being said, needs a lot of investments.

      This couldnt be less true. I have invested in a leading binary options broker and we process all withdrawals within 24-48 hours provided that the user sends in their documents (front and back of cc if used to deposit and government issued ID). We have never had a complaint.

      I can give any WF member a special deposit bonus if they wish to try our platform.
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      • Profile picture of the author Deb S
        I am an FX trader and now learning about IM so I can add an additional income stream that perhaps won't be so dependent on the whims of government regulation. After 7 years I have seen plenty of changes. I looked into the Binary Options when I started getting
        5-6 offers a day in my email.

        It seemed more like gambling to me and also a lot of reviews about broker non payment and platform shenanigans from mostly offshore brokers... reminded me of the early days of FX and worse. I looked into Nadex in the US and that seemed as a viable alternative. But trading is already a big part of my life so I personally would like to do something more stimulating...that's why I choose IM.

        Good Luck with your decision,

        Deb
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  • Profile picture of the author Eutaw
    I have been trading options for the last 20 years. The binary options are another "type" of trading/options.
    The courses out there are usually more "sizzle" and trying to sell you a course. A lot of quick money course that usually do not work on regular basis. If you want to learn to trade--Forex, Stocks or Options you can start with a modest amount of money in trading accounts today with most online brokers ($200-$500+ to open an account).
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  • Profile picture of the author tonyrior
    I'm doing both IM and forex trading. I don't want to touch binary trading because to me it's much more risky. Between IM and forex trading, if you don't know much about forex or don't have much capital to invest, I would suggest you stay with IM because forex trading can be very risky if you don't know how to control the risk and your emotions (of course it can be extremely lucrative). OOPS, I'm in an IM forum.
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  • Profile picture of the author ezpay4me
    I'm currently doing both but one think is for sure, IM is a way where you can guarantee yourslef to get paid, where as binary options its out of your hands. So far this year I've made a total of just over $12,000 through all my internet marketing projects, sites etc.

    Now 3 weeks ago I got introduced to binary options and joined anyoption.com , I deposited $100 and I did 4 trades each worth $25 , I lost 2 and Won 2, which left me $10 less then what I started with, so now with $90 I continured to trade and eventually lost it all in less then an hour.

    So it tried again using my hard earned IM money , this time I actually took that $100 to $355 in that same day, i was really happy but I got really greedy and made a call option for $100, but I lost that $100 and really wanted to make it back asap. So I figured if I put $255 in on trade I can get back up to $425 fast. So I did the trade and LOST again...! so now i was back to $0.

    I decided to try again , this time I deposited with $500 and put it all on the all line hoping to make a decent $320 profit in just one trade but instead I lost that $500 in just that trade alone, For some strange reason i just didn't learn my lesson, and so I trade with $300 more and again lost it all.

    So if we add up everything, i lost $1000 internet marketing money in less then a week using binary options. Now there are a'lot of factors to consider here as to why I lost it.

    #1 I jumped in not knowing anything about forex or stocks
    #2 Addicting and I fell right in...
    #3 Bad Money Management skills, (who puts all their money into one trade..? stupid of me, i know)

    I cant say that you CANT make money with binary options but it is alot harder then it looks. And I've seen people say emotions are a big part of trading and not to let them get you greedy (which is what happened to me), so one thing is this don't trade huge chunks of all your money at once, spread your risk.

    Now I am going to try binary options again but I've done more research and I've found analytics tools to sort of give me a slight edge. And also I opened a demo account in which they let me trade $5,000 with fake money, and this is what I've said to myself, "i will not use real money until I can get that $5,000 to $100,000 3 times in a row, or start with $100 and get that to $2,000 3 times in a row so that I will know that I've become a pretty experienced trader rather then a bad gambler"

    best regards,
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  • Profile picture of the author mbacak
    I found this article the other day on Forbes about it.

    Don't Gamble On Binary Options - Forbes

    It's interesting to see what they said on it.
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  • Profile picture of the author drr
    I do Forex trading with IM side by side too. Just curious , what forex timeframes and strategies are the forex traders among you following? I seem to get decent results with CCI and AC using mostly 15min and 4 hour.

    What sort of % returns are you guys getting?
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    • Profile picture of the author welshboy
      Hi if you want to try binary options Nadex.com give you a $25000 demo account wich you can trade ,at least you cant loose your own money.
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  • Profile picture of the author kazim
    I never do forex trading. But I don internet marketing. I like marketing than forex trading.
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    • Profile picture of the author caliniph
      If you are an experience trader, you can try Binary Options but choose a reliable broker
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      Stop bumping old threads. - Moderator
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