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We all think how to make money online while working on our day-to-day jobs and in reality there are many people that do it successfully without some extraordinary efforts.
Of course binary options are not for everybody, but there’s nothing super-complicated needed to start trading binary options. Because it’s principle is very simple, it’s explained by the word “binary” itself – meaning that there’s only yes or no, in our case – up or down. Binary options are considered to be better than forex trading, because in forex you need to forecast not only the direction of the asset’s price but also it’s value by the end of the trade.
This is the reason why binary options are a better way to make money online or simply – make money fast.
You will be surprised how many people around the world trade binary options and how diverse is their demographics, but not all of them are successful. This doesn’t mean that beginners can’t make money with binary options trading.
Even with so many variables, begineers in binary option trading can make money if they are persistent and follow the binary options strategy. The key to binary options trading is to control risk. A trader can never lose too much money on any particular trade. In theory, binary options trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money online, a binary options trader only needs to be correct on about 60% of trades of the trades that they take. This means that of the trades that a beginner with absolutely no edge (an edge is something giving a trader a better than random chance how to make money) would take, they need to figure out how to turn about 20% of them into winning trades.
Risk Warning: Please note that binary option trading entails substantial risk of loss, and may not be suitable to everyone. Trading could lead to loss of your invested capital.
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