The Truth About Binary Option Trading

OK, let's be clear straight away. I am not each day trader, nor have I ever been one. I did what some individuals would call dabble inside the stock market, to quickly find out that;

I used to be way out of my element

It's really a lot more stressful than people think

It's harder to adhere to than a map of spaghetti if you don't know what your doing

It's not something you dabble in, It is really an IN or OUT thing

OK, and then we have established that we are not an expert around the art of day trading investing, or about the stock market. A few things i want to discuss today is one thing that may must be brought to the SEC as a crime against unsuspecting schmoe's that are trying to earn a simple living onilne. This new, well type of new craze sweeping the net is called binary options pdf. They fool you right from the start. They tell you that if you head to this website it's trend indicators and signals and all of the right buzz words that I have heard stock exchange people say, of course, if you just trade like the pros, then you will make a ton of money quickly.

OK, a few things i have discovered after losing a reasonable share of change, is that this is nothing a lot more than betting on a horse race. Yes, you read that correctly. My buddies here in the day trading niche and the ones of you seeking to score in day trading, beware of options, as they are being hailed as a form of daytrading.This could not further from the truth.

Binary option trading is not an form of trading, and in fact, I believe is highly recommended criminal. The promises and the lies why these sites spew are sickening, then when you are so frustrated with losing they let you know if you invest 2000 dollars they will give you one-on-one coaching. If they were people that were making a lot money carrying this out, then why would you have to invest this kind of high amount to get the proper training?

I'll let you know why, if I want to hire a broker to create me profit the stock market, first I would want the very best, and to do this, well, they will charge us a brokerage fee. Now in the interest of boring those that know forex trading, let me help with my incredibly limited knowledge,the brokerage fee only is available in when the investor makes money I believe. I am talking about there are fees for trading which sort of thing, however if you hire someone to make you money, they get paid, when YOU get paid. A symbiotic relationship if you will.

In binary option trading when i have learned today, once you lose, your house gets paid. Whenever you win, You receive paid. Sound familiar? If you drop twenty on red in the casino and it comes up black, the house gets paid, whether it comes up red, YOU get paid. Binary option trading works exactly the same way.

Next time you're surfing for ways to make money online, heed this article, avoid options. If you have money to speculate, please hire someone that knows what they are doing! I'm a fairly smart guy and I can read trends and i also can read charts, and that i can follow what are you doing on the news, and that i still lost cash in an attempt to do day trading and it got worse when I tried binary options.

Save your money friends, construct it up, after which research stock brokers and allow them to invest for you, because it is to their benefit to make you money, and they are experts advertising online. You are not.

I think you will have enjoyed this blurb on Options, and I we do hope you will stay away from them unless you are ready to part with some money! Please share this article on your internet sites and let people know to avoid this horrible kind of gambling!