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How to start binary options trading

Binary option is a financial instrument, which allows to profit on companies’ shares, currencies, gold, crude oil. Check out how easy it is to open a trade. Predict the price movement correctly by clicking on Call/Put.

What are binary options and should you think about trading them? There are several common delusions associated with the binary options. The first common mistake is to think that the business is an easy way of earning. Although it is recognized that binary options are simpler than Forex. However, this fact does not mean that there are no difficulties. New members must be especially careful. There are no excess profits, especially when it comes through the way of a long strategy.

The first truth about the amount of earnings

The real increase of the deposit does not exceed 60% per month on the condition that trader is experienced. If you dream about 1000% growth, then this place is not for you. Too quick success is not possible. Fake information comes from a dishonest broker to get your deposit. It's simple: you invest money and lose it. There is nothing new or surprising. This is the usual routine of traded options. You shouldn't even feel something. There are so many brokers who earn on trader deposit drain!

What are binary options, if it is not a source of super-profits? What is the point of the daily trades, and why so many people spend a lot of time there? Why do they risk their money? What for? It is necessary to dispel the myth associated with the binary options to answer this question.

The second truth about the preconceptions

If you ask people on the street, "What are binary options?" some of them will tell you this is a fraud. They do not believe this is the place where you can make money honestly. We can say that the statement makes sense. Quick big money can be only illegal; this is the conviction of many people. But binary options really give ability to earn. Unfortunately, most of new members drain money. This is the sad story of the 90% of all new traders. Such statistics creates a negative image of the traded options. People do not believe that all processes are fair. They suspect a trick, but it is more complicated.

Binary options are compared to the casino. Indeed, you can find a lot of similar features. But these two conceptions are not identical, there are fundamental differences. Players at the casino hope for good luck or for the theory of probability. It is only a fair mechanism, which will help to win. Binary options are based on the real economy. All processes depend on the world events. So the forecast is possible. This is not a casino, this is a contest of forecasts.

Money for a start and the right balance

How to start making money on the binary options? Many people are sure that they have to invest a lot of money. If you have an extra two thousand dollars, then do not rush to spend it. First of all, find good teachers. Personal contact with a specialist is necessary for success. You can try to work without any advice, but in this case, be prepared to lose your starting capital. Your daily trades should start with a good training.

What should you do if you haven't dug up your extra two thousand dollars? Is this a verdict of your inactivity, if the treasure does not grow on your lawn? Do not worry; you can start with a small capital. It is enough to have two hundred dollars. You should not risk either. The main thing is to find good teachers. If you have understood lesson perfectly, you can make money with just $ 200. This money is your test on subject knowledge. If you do not have talent, you shouldn't risk a lot of money. It will not help you.

Can you win paying only one dollar? No. It is impossible. Experts say that two hundred dollars is the minimum amount of money to begin with. Don't you dare, if you're afraid of losing it all. So, what are binary options? Everyone finds their individual answer.

Testimonials

Thanks for your help in choosing the best binary options broker. My daily trades bring income and pleasure. A lot of information about binary investment in the Internet, but thanks to you I was able to choose the best and most reliable intraday trading broker.

Thanks for your help in choosing the best binary options broker. My daily trades bring income and pleasure. A lot of information about binary investment in the Internet, but thanks to you I was able to choose the best and most reliable intraday trading broker.

Thanks for your help in choosing the best binary options broker. My daily trades bring income and pleasure. A lot of information about binary investment in the Internet, but thanks to you I was able to choose the best and most reliable intraday trading broker.