How to get into Binary Options?

[Hakeemtey]

I would also like to know what i can use to get into the market/business of this, if anyone has an idea or is willing to lend a straight forward path it would be appreciated.

 

[Capt.Loi]

How really does binary options work.Is it the same as gambling or something.I really dont understand how they work out.

 

[Kernellenal]

to learn at least a little, so that in a couple not to lose the entire deposit, and so, in principle, nothing complicated

 

[samsonM4C]

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[Qupanararo]

many people think that it’s very easy and simple, but it’s not, it’s a long way

 

[Mikeman]

Binary Options isn't as popular lately, its been on the decline since around 2013-2014...If you still want to look into it, browse Youtube videos, setup a demo account at a broker like Pocket Options and start practicing. Best times to do so would be during the New York(8am-12 EST) or London session (3am-11pm EST)

 

[Kernellenal]

starting this kind of activity - you need to be well prepared, then only you can get both pleasure from work and good profit

 

[Morianesia]

go through training to get started, trading is not the case where you can earn money without knowledge and skills, if you do the opposite, you will only lose money

 

[Lannanda]

without any training, you have nothing to do here, only you will waste money, and time too

 

[Perannal]

do not try if you don’t understand at all, you should always learn before starting

 

[nameuser]

Each of the modalities has its positive and negative points, I believe that you should see which one suits you best.

Binary Options is the ugly duckling of the family and no matter how much they say if it is betting/gambling or not, it actually works if you have a very well trained psychological and follow the management to the letter. In addition, the way to make money is very fast, but the chances of losing are very high, it is like the Ferrari of the financial market and Forex as a regular car, you arrive at the same place, but at different speeds and with to Ferrari (due to speed), the chances of an "accident" occurring in the middle of the road are greater.

I'll tell you about my personal experience, but don't take as an example to be followed. I started on Binary Options, after having raised a sum, I switched to Forex because I was tired of the emotions of the binary market, you have to have a very strong heart hahaha.

 

[danatello]

I like binary, I have been working there for 3 years, payouts can drop up to 70 if you trade often.

 

[jackcuw]

forex and binary have the same high risk. If trading without knowledge and high flying hours, then you're not business but gambling