What is Binary trading?
Binary trading is kind of predication based investment that cab be either right or wrong. If your predication is right you will gain. If your predication is wrong you will lose your amount . In other word we can say it is kind of betting that a given asset will be above or below a certain point after a fixed amount of time.
Binary option is a legal in some countries , However its too risky . Do not go and trde blindly in binary market. I have seen some reviewers they will show like binary trading will resolve all your financial problem day after tomorrow itself. But the reality is you will lose your capital slowly and fianlly it would be zero.
Is it possible to earn in Binary Market?
Yes of course, But you need to plan your trade and need to do live back test at least one week in demo account End of the week if your profit is above 50 % Capital than you can start live trading. Once you failed do not trade continously that will create more loss. Be free some time and do more analysis and then start fresh trading. We have 24 hours per day so plan total no of trade for each day do not cross your own rule . Even it is a one trade it should be a profit trade .

What is the minimum Investment?
Some brokers are offering minimum deposit is 10$ to to start binary option trade and minimum investment is 1$. Before choose the broker do research about the broker in google and then start investment.
Comments
Post a Comment