Does anyone have an opinion on these Binary Option sites. Are they something that should be invested in and is there a real return on your money.
I have read and heard of positive reviews from affiliate marketers who run this deal, i bet they get much much more than the person actually trading in Binary Options...i tried a bit in that field but all wasn't rosy for me, so in the end i quit, i think this is one field that requires brains/shrewdness
I've heard some success stories in regard to binary options, however none of those people made any serious money. It should be easier to get into as a beginner but if you're looking to get as high of a profit as you can, I wouldn't pick binary options.
It is a very fast market. I have heard some people who have made a lot of money fast, but there are other people who have lost everything, but most importantly, study the market before entering. With sufficient experience and knowledge you can win lots of money fast.
Binary options to me sounds like betting... How can that be considered investing? You are simply trying to guess if the price will do up, or down in the next 30 seconds or something, right? I can surely see how affiliate marketers make money from this though...
I have both traded binary options and I have been on the affiliate side, so I know a thing or two about both perspectives. Even a phenomenal marketer cannot compete with the overwhelming earning potential of a good trader. Sixty second options profitability is questionable, but a trader with a reasonable strategy can make other time frames extremely profitable. I was only marginally profitable because I lack discipline and I am a terrible marketer, so I starve regardless. However, I know people who have profited with binary options. There is definitely an art to it.
I never really traded with binary options which there is lots of risk. I heard of empireoption and they have I think a affiliate program so you can refer people and get a percentage of whay they make. I do know of stockpair which is supposed to be a good site to trade with but I never traded so I don't know. Do you have any good strategies to win more money and lose less?
If anyone is considering trading binary options for the first time, I would not recommend any time frame below fifteen minutes. That is not because I think sixty second or five minute options are that much more difficult than the higher time frames. I stress that the most important element in trading volatile instruments like binary options is discipline. Self control is impossible to establish once caught up in the excitement of rapid trading. It is better to lay a foundation of strong strategy and money management in a trading situation with lower pressure. That way you can program yourself to trade in a certain manner.
Most of the binary option brokers have an affiliate program and they all work the same way. Some pay more than others. I have strategies aimed to increase the probability of winning. What I would do is find a broker that offers a demo account and get used to the trading platforms first. It is not like trading with real money, but you will get the general idea. I just started a blog....what you need to do is find everything you can and read and read. When you think you know what you are doing, read and practice some more. I lost a lot of money before I started winning. And remember, no strategy is perfect for every trading condition.
But how can you predict if prices are going up, or down, in the next 15 minutes? To me, it seems like straight up betting.... There actually a Casino Game, in which the objective is to guess if the result is X or Y. Can't find a English translation though... It's a dice game. What kind of information do you take in account, to invest going up, or going down?
