What is binary option trading? - page 2

 

Binary Options have been around for a while now but recently (since 2008) have been a hit among the new traders. binary means 2 values and in the case of finance mean up and down. This series will be dedicated to teaching the logistics of Trading Binary Options

 
Oscar Hunter:
Binary Options have been around for a while now but recently (since 2008) have been a hit among the new traders. binary means 2 values and in the case of finance mean up and down. This series will be dedicated to teaching the logistics of Trading Binary Options

Does that mean that you are going to post about trading binary options?

 
techmac:
Does that mean that you are going to post about trading binary options?

It seems that no posts about binary options trading for now. After reading that article (first post at this page - I have never traded binary options in my life) having to be right in 55% of cases to be BE is even worse than in casino

 

This is more a basic description of binary options trading : How to Understand Binary Options: 6 Steps - wikiHow

 

These platforms may be considered by some as gaming platforms rather than investment platforms because of their negative cumulative payout (they have an edge over the investor) and because they require little or no knowledge of the stock market to trade in. According to Gordon Pape, writing in Forbes:

"If people want to gamble, that’s their choice. But let’s not confuse that with investing. Binary options are a crapshoot, pure and simple."

Binary option - Wikipedia, the free encyclopedia

 

BINARY OPTIONS - The Ultimate Opportunity : binary book.pdf

 

Don't forget that when trading binary options your broker earns only if you lose. It is not forex (with spreads or commissions). It is plain and simple your "broker" against you ... a simple bookie that is expecting that you lose otherwise he will

 

One more link with explanation about binary options trading : Binary Options Websites - Gambling or Investing? -

 

All the binary options thing is just a simple scam - they found another way how they can make people gamble away their money and they even do not have to use the "ugly words" like gambling. Plain and pure robbing - nothing to do with trading

 

Can you really make money by trading binary options?? I would say YES you can!!

If you search on Google you will find a lot of answer to your question from binary trading experts through their article .Most of them will tell you , binary options are so simple and very easy to trade and you can make quick money in small time frame in just an hour or day but this is not the reality.

The reality is, 85-90% of the traders lose their money in quick time using binary option, but it doesn't means that everybody will lose money with binary options trading but it requires huge knowledge, experience and resources to survive. It may sound very simple ,when you see that you just need to predict whether the price will go or down but but it is not that simple as you think. There are a lot of things to take into consideration of which you should carefully plan.

My Suggestion :

1. Learn to Trade Successfully; 3 to 12 months

2. Develop your own strategy

3. Set time frame

4. If profitable > Invest real money

5. The Journey Begins

Reason: