Binary options trading is a relatively new, low-risk and quick way to make money from the financial market. It became legal and regulated online trade platform in the United States in 2008. Yes, it is a legit method of making money. It is not scam as some people are led to believe because of the bogus claims circulating on the internet that you can make thousands of dollar in day. You can make that kind of money if you have a lot of it to invest and trade in a consistent way, but for most people you will be making a few dollars for starters until your investment grows.
Binary options trading is as simple as predicting which direction the price of an asset will go in the future; up or down after a specified interval of time. If you your prediction is correct you will earn a profit based on the percentage of you invested amount. This percentage can be from about 70% to as high as 600% of your investment depending on which one of the available options you chose to trade the chosen asset with. As you can see you can make a lot of moneywithin a short period of time if your profit to loss ratio is high and there are ways to keep that high ratio in your favor. You just need to study the market and trade your assets in a rational and consistent way. That's all it is.
So, if binary options trading is new to you then you have come to the right place to learn everything you need to know about it to get started in the world of binary trading. This blog I created is loaded with plenty of information to serve as a binary option trading guide to help you along the way and I will continuously add more information on a timely bases. Finally, I will be using this blot as my binary option dairy to track my decisions, the type of asset I traded, how much I invested and how much I profited or lost after the trade.
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