Get rich trading binary options

A MONEY-MAKING SYSTEM.

More info below.

A MONEY-MAKING SYSTEM.

A MONEY-MAKING SYSTEM.

What are Binary Options?

A Binary Option is simply a bet that the price of a stock (or other asset) will either be higher or lower at a specific point in time. Binary Options come in two flavors:

"Call" and "Put"

A PUT is a bet that the price will go DOWN.

But the unique thing about Binary Options is that it DOES NOT MATTER how high or how low the price goes.

If you buy a Call and the price goes up by ANY amount - you WIN.

If you buy a Put and the price goes lower by ANY amount - you WIN.

Let's take a look at a regular stock chart.

If you've seen stock charts before, you will probably recognize the above as a "Line Chart", where a line represents the price fluctuations of a stock over time. The dollar values on the right are labels for the price and the times at the bottom are there to keep track of the stock's price as it fluctuates throughout the day.

In the above chart, if you buy one share for $100 and sell it for $110, you profit $10. But if the stock only reaches $105, you only make $5. When trading stocks, profits depend on how much a stock moves.

Binary Options have a GUARANTEED return with every win.

With Binary Options, there is a fixed amount of money you will make when you win. This is set as a percentage of what you bet. It varies from trade to trade and from broker to broker, but it is usually between 75% to 95% of what you bet. Let's just take 75%, for example. That means that if you bet $100, you will win $75. No matter if the stock moves as far up as $150 or as little as $101, you STILL win the whole $75.

Before we look at a Binary Options trade, let's explain two things that are common to all options:

Expiration and Strike.

Expiration.

Ok, let's put everything together.

In the chart above, the black lines represents the movement of price over time. The lines that are dotted represent the possibility that after entering the trade, the price could either move above or below the Strike Price. The green zone represents the area where a Call would win and the pink zone represents the area where a Put would win, if the price ends there on Expiration.

To completely clarify things, let's go through the only 3 possible outcomes. Let's say it's 10:00 AM and the price of the stock is $100 as in our example. At 11:00 AM (the Expiration), there will only be 3 possibilities:

The price will be ABOVE $100.

The price will be BELOW $100.

The price will be EXACTLY $100.

If you think the stock will be ABOVE $100 at 11:00 AM:

you would buy a CALL with a Strike Price of $100 and an expiration of 1 hour. Then, at 11:00 AM, as long as the stock is HIGHER than $100 by ANY amount, you win the bet.

If you think the stock will be BELOW $100 at 11:00 AM:

you would buy a PUT with a Strike Price of $100 and an expiration of 1 hour. Then, at 11:00 AM, as long as the stock is LOWER than $100 by ANY amount, you win the bet.

If the price ends up EXACTLY at $100 at 11:00 AM.

it will be a TIE . You neither win nor lose.

It's all very simple, isn't it?

But there's more going on behind the scenes.

THE TRUTH ABOUT BINARY OPTIONS.

Here are a few facts that Binary Option "brokers" don't want you to know.

FACT #2.

FACT #4.

Binary Options are designed to steal your money.

Why are we telling you all this?

Aren't we selling a course on Binary Options?

That's right, but we want you to know the truth so you don't feel guilty when YOU get to fleece THEM .

Binary Option "brokers" (at least outside the United States) are not brokers of anything. They don't actually broker (transact on your behalf) any trades between you and any exchange. Your orders never make it to any exchange. Placing "orders" with them is exactly like placing a bet in a casino game.

These web sites are just a front for online casinos posing as "brokerages" and the "brokers" are just bookies taking bets. If you win, they pay you and if you lose, they keep your bet. They take the other side of your bets and ONLY make their money when you lose. This is worth repeating: THEY ONLY MAKE MONEY WHEN YOU LOSE. So obviously, no matter what they tell you.

They secretly WANT you to lose.

THEY HAVE A WEAKNESS.

AND THEY CAN'T DO ANYTHING ABOUT IT.

So what is this weakness?

A COMBINATION OF THREE THINGS.

HAVING A 50-50 RATIO.

Win half / lose half the bets.

BASING IT ON REAL MARKETS.

Basing the bets on stocks, etc.

USING A FIXED PROFIT.

Guaranteeing a set percentage.

HOW DO WE EXPLOIT THEIR WEAKNESS?

Basing their betting platform on the outcome of live financial markets has allowed Binary Options web sites to create the illusion of being "legitimate brokers" in order to lure in new suckers.

However, it is precisely the fact that they are based on live financial markets that gives us the opportunity to exploit it and gain an advantage over them.

THAT'S their weakness. The same thing that gives them the credibility they DEPEND on is exactly the thing we can exploit in order to milk these "brokers" over and over and over.

ENTER DR. TIMOTHY WALLACE.

There was an old strategy invented a few decades ago by a mathematician by the name of Dr. Timothy Wallace. His technique was absolutely amazing at predicting direction. The technique produced predictions that were correct 83.72% of the time.

But as good as it was for predicting price direction, it didn't work for stocks, because with stocks, you not only have to be correct as regards direction, but you also need the price to move far enough to produce a decent profit. In stocks, commodities or currencies, the gain or loss is VARIABLE so you can win or lose different amounts in each trade.

This can totally throw off the performance of a technique no matter how good it is at predicting direction. It doesn't matter if you win 8 out of 10 times if when you win, you only win $100 but when you lose, you lose $500. You would end up losing. Here's how:

But it works UNBELIEVABLY WELL for Binary Options. Why? Because with Binary Options, it DOESN'T MATTER if the price ends up a hundred points or only one point away from the initial price. Up is up and down is down. AND the gain/loss percentage of Binary Options is fixed. Our Strategy uses this fixed percentage in our favor to take full advantage of the technique's ability to predict price direction. Now look what happens when using the same 8 out of 10 win ratio as above, but with the FIXED percentage of Binary Options:

BUT WE'RE NOT DONE YET.

You may be able to correctly predict the direction of the price, but it’s useless if by the time the option expires, the price reverses and ends up on the wrong side of the Strike Price. You MUST also ensure that the price will be where you want it at the time the option expires. So the timing of the expiration is imperative for winning at Binary Options. You can’t just pick any expiration at random.

Choosing the expiration is the other critical decision when setting up a Binary Option trade because it determines the exit. It must be timed so the option expires right around the moment when the price is expected to be at the point farthest away from the Strike Price so as to safeguard against a possible returning of the price back to the Strike Price. This is the other important element that completes the puzzle to make a truly working and reliable strategy for use with Binary Options.

It's amazing to us how other Binary Option strategies have you pick the Expiration according to what time frame you want to trade FIRST and THEN they try to predict the direction. That's starting out on the wrong foot. They put the cart before the horse. They have you pick the duration according to what you would like to or "feel comfortable" trading. THEN they have you try to predict the direction.

That's backwards. The most important thing to determine FIRST is the direction and THEN you calculate which is the best and safest time to exit the trade according to the behavior of THAT stock or currency or commodity.

You need to predict the direction FIRST and THEN predict at what point in time will the price be the farthest away from the Strike Price. Then and ONLY THEN do you chose the expiration.

So now that you have a way to:

1. Predict price direction 80% of the time and.

2. Predict the safest time to exit.

. you have a method that works like magic for systematically pumping money out of Binary Options "brokers" day after day.

Our Strategy works so well, it’s like having a Crystal Ball.

Get Rich With Binary Options.

Step-by-step.

Easy to Do.

Exactly When to Enter.

Easy to Learn.

Spot the Winners.

Exactly When to Exit.

FINANCIAL FREEDOM.

Make Money From Anywhere.

Any Country Or City In The World.

Complete Freedom.

Nothing To Tie You Down.

Financial Indpendence.

Don't Need Anyone Or Anything Else.

No Income Limit.

Give Yourself A Raise Anytime.

Everything You Need To Know.

A COMPLETE COURSE IN EBOOK FORMAT.

Find the trades.

Predict the direction.

Choose the best exit.

Reinvest your profits.

Finally, your dream of trading for a living is about to become REALITY.

Course Features.

Simple but not Simplistic.

Well Organized.

No Fancy Words.

Lots Of Graphics.

Predicting Direction.

Predicting Time.

Brokers for Americans.

Opening an account.

Dealing with brokers.

Read It On Any Device.

Easy Access.

The Get Rich with Binary Options Course.

is the Owner's Manual for consistently and repeatedly extracting money out of Binary Options.

Frequently Asked Questions.

Yes. Binary Options trading is completely legal for Americans. In fact, in the United States, there is a Binary Options Exchange regulated by the CFTC called the NADEX, where Americans can trade Binary Options. The reason some foreign brokers will not accept American customers is because they have not been approved by regulatory agencies in the US. In those cases, it is the BROKERS that are restricted, not the traders. And some foreign brokers do accept American customers. The course will show you which foreign brokers accept American customers.

Not at all. Binary Options are the EASIEST form of trading there is. You just have to decide if you want to bet on the price going up or down and click a button. In addition, we wrote the course in plain simple 8th grade English. We have gone to great lengths to explain it in a way that even an elementary school child can understand (with pictures and everything).

Yes. In fact, people in countries other than the United States have MORE choices than Americans. The course is written in American English, so you must be able to read and understand English in order to get the benefits of the Course.

If you can read English and you can follow directions, you can start practicing the next day. However, the time it will take someone to practice until they feel confident enough to start trading with real money depends on the person. But to give you some idea, a complete novice will probably need about a couple of weeks to get the hang of it.

Immediately after payment, you will see a screen with a link to download the file. Once you've saved it to your computer, you will recognize it as an Adobe Reader PDF file with the format: filename. pdf . Because it is a downloadable electronic book, there are no shipping costs and no waiting for it to come the mail. You can start reading it right now.

Yes, we don't lock our ebooks to a single machine. Some people do that, but we don't. You can copy and read our manual on any computer, tablet or mobile device you like.

No, there are absolutely no recurring charges, fees, subscriptions, memberships or any of that. You buy our ebook one time and that's it. You never pay us anything again.

If you already have a computer and an internet connection, that's all you'll need. You'll have to deposit an initial trading amount with your broker in order to have some money in your balance to start trading with.

That will depend on the broker you decide to use. But most brokers that most people use mobile devices more and more so most brokers will have apps that you can use, some you'll be able to use your mobile device's browser to go to their website as if you were at your home computer.

Yes, and it's something we actually recommend.

Simply use our Contact Form which is just below and send us your question.

Yes. We offer a 100% money back guarantee if you are not completely satisfied. We know that our Courses work, so before you ask for a refund, please make sure it's not something that you didn't understand, so please ask us any questions you need to ask in order to clarify it. Please see our Refund Policy at the bottom of our website.

Your Full Satisfaction Is Guaranteed.

We're so sure that our method is the BEST system for making money with Binary Options, that we give you a 30 day full money-back Guarantee.

What would you give to be able to quit your job and make money sitting at home?

How much is learning how to GET RICH worth to you?

$1000. $500. $300?

We have a new product.

The Stock Signal That Never Fails.

A signal that NEVER FAILS. You may find that hard to believe because Wall Street does everything it can to brainwash people into believing that the only way to invest in the stock market is to guess and gamble. That's because they are in the business of getting you to risk your money so they can take it away from you. Just like a casino.

Do you spend hours analyzing charts?

Are you tired of trying to guess?

The two things every investor wants to know are:

1. What REALLY makes a stock go up.

2. How can you find out BEFORE it goes up.

If you knew both of the above, do you think you would need to guess? Would you still waste your time doing any Technical or Fundamental Analysis? Heck no. You wouldn't need to. You would KNOW, in advance, when a stock was about to go up.

What makes a stock go up?

Good earnings? Sometimes. but sometimes not. A split? Maybe, but not always. Mergers? Aquisitions? New product? Not necessarily. Those things are all "iffy". They are NOT reliable. They don't make a stock go up 100% of the time. Likewise, there is no techincal indicator which is 100% reliable. You CANNOT trust them. But there IS one thing that ALWAYS makes a stock go up, and that is.

. . . A FLOOD OF BUY ORDERS.

What if we told you that there is a signal so reliable, so sure, that whenever you see it, you will know - with 100% certainty - that a stock is about to get a FLOOD of buy orders. And not just that, but.

You will know it a few days BEFORE it happens.

Well, there IS such a signal.

But it never gets much publicity. It is mentioned in passing on finacial TV shows like the Nightly Business Report, CNBC and Bloomberg, but is never the main focus. And if you don't know what it is (like most people), they can put it right in front of your face and you won't see it. but then again, it's not meant for the general investing public.

However, even a quick, passing comment by the newscaster is enough to "telegraph" the signal to those who know what it means. When they hear it, they can act on it and WITHIN DAYS see a nice profit in their brokerage account.

Now YOU can count yourself among those "in the know" who can pick out that little-known signal hidden in plain sight and KNOW, with complete certainty, that a particular stock is going to receive a flood of buy orders EVERY SINGLE TIME - no exceptions. This signal works 100% of the time. It's just absolutely amazing.

I'm finally making money in the stock market!

David Peterson - Florida, USA.

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Can I Get Rich With Binary Options Trading?

When most people consider trading and investment, they think of the large sums of money that are involved. Now, binary options trading is quite new to the world of trading. This is why it has garnered such a large amount of interest from traders. In addition to its novel approach to investment and trading, binary options does afford other advantages. For instance, it is a lot simpler to understand and execute than other types of trading.

For example, instead of owning a particular asset, you simply have to determine the direction of the value within a period of time. Most people feel more comfortable with binary options trading. This is why they assume that they can become overnight millionaires by investing in the market.

The problem here, however, is that people see simplicity and they assume effortlessness. While you may have no trouble grasping the concepts involved with binary options, it is far cry to actually becoming successful. If you really want to make it rich with binary options trading, you need to understand just how to do it. This means understanding the factors that influence whether or not you make any money. Here are some of the things you will need to know if you want to get rich with binary options trading:

Why You Should Have Adequate Capital to Get Rich.

When you were starting off with binary options trading, you were probably cautioned about investing too much money in your trades. This is solid advice as you should never place all of your capital on a single or series of trades, regardless of the odds. At any given moment, you should only place a certain percentage of your capital on a trade. At the same time, if you hope to get rich with binary options trading , you are going to need the capital to back you up.

This means starting off with a considerable amount of capital. This way, you can put more towards the trades while still maintaining a healthy account. Placing small amounts on your trades will only provide you with small returns. As such, you can hope to incur a lot of money if you do not place trades in a similar fashion.

How to Use Compounding Returns to Make a Profit.

As mentioned above, the key to making money with binary options trading is to always have enough money in your account. This is why successful traders use the compounding returns method to retain money and make more at the same time. To explain this better, let’s take an example. Let’s presume that you have $1000 in your account. You are going to utilize 5 percent of this which comes to $50.

The odds of you being correct about a particular trade is 70 percent and you place this $50 dollar on that trade. For the sake of the example, let’s assume that your prediction is right. This means that you have won $35, in addition to your initial $50. This is a total of $85. The compounding returns strategy insists that you put all of this money ($85) on your next trade and so on and so forth.

How to Slowly Increase Your Trade Size.

As you can imagine, staying stationary really will not do you much good when it comes to being productive in binary options trading. In the beginning, you will start out small to minimize your losses. If you hope to make some real money, however, you are going to need to increase the size of your trades. One of the biggest mistakes you can make, nonetheless, is growing the trades by leaps and bounds. What you need to do instead is to increase them incrementally, always hedging your bets. You should slowly but consistently place larger trades as time goes on.

The short answer to this articles is yes, you can get rich with binary options trading. What you need to be prepared for, however, is a long road ahead. It is going to involve time, patience, and strategic trades before you start seeing a real profit. So as long as you are logical and shrewd about your trades, you should be able to amass some serious wealth.

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Disclaimer: Forex and binary options trading is risky. Don't invest money you can't afford losing. Also, you do not own or have any rights to the underlying assets. Fully understand the risks involved, and seek independent advice if necessary.

5 Common Misconceptions About Binary Options Trading.

Maybe you have been planning on trading binary options for a long while. You have spent months doing research and testing, and you are ready to trade with real money. But maybe not. Perhaps you just found out about binary options this week, and you are just dying to get started. After all, you only need $100 to trade, trading only takes a few clicks, and you will soon be in the fast lane to riches, right?

There are consequences for jumping into something without knowing everything about it. More binary traders than not make the mistake of getting started before they dispel their myths and misconceptions about trading. I am going to run down a list of 5 common misconceptions about trading to try and dispel some of those myths.

1. Trading binary options successfully is easy.

2. I can get started with $100 and have no problems.

3. I can get rich overnight.

4. Bonuses are free money.

5. Trading binary options is never/always a scam.

Let’s start with the first misconception:

1. Trading binary options successfully is easy.

The key word here that I put in is “successfully.” Trading binary options actually is easy. But the misconception comes in when you believe that trading options is the same as trading options profitably. Anybody can trade and lose, but only a few traders will ever excel enough at trading to win consistently. It really does only take a few clicks of a mouse to place a trade. In fact, if auto-trading is offered by your broker, you do not even have to do that!

But to actually trade successfully , you will have to take a number of other steps before you even open up your platform to enter a trade. The real work goes into all the planning you have to do beforehand. And that part isn’t easy. It takes a lot of time and effort. But it’s what makes those few clicks of the mouse profitable. And without it, you will never be successful.

That said, the basics of binary options trading are easy to learn, and look at it this way: the sooner you get through those basics, the sooner you can get on to learning the real work of trading. So it is still relatively easy to get started. Take advantage of that simplicity and start your journey of learning sooner rather than later.

2. I can get started with $100 and have no problems.

You can get started with $100-$250 on most binary options broker websites. That much is true. The myth is that it is somehow easy to start trading with such a small bankroll. It is actually quite difficult, because it poses unique challenges.

When you start out with so little money, you can only invest a tiny amount on each of your trades. You should only invest about 2.5% of your account on any one trade. Let’s be liberal and say 5%. Five percent of $100 is … $5.00. A lot of platforms will not even allow you to make trades that small.

So what happens here is either 1-you cannot trade, or 2-you are tempted to invest more money than you should on your trades, violating your money management rules. You also may be tempted to overtrade. Impatient to build up your account and start trading more money, you could start investing on trades you would never take if you started trading with $1,000 or $10,000. And then you may find yourself losing even more money, and losing it fast.

Another danger of starting out with so little is falling under the withdrawal threshold. That threshold often is set at $100. So if you lose even one tiny trade, your money is technically no longer your own until you are back up above the threshold since you are not able to withdraw it.

You can battle with your own impatience and win, but it is tough to do. The withdrawal limits on the other hand and the minimum investment amounts are nonnegotiable. Even brokers with very low limits generally are going to make it difficult to hold a very small account. The solution? Just start with a little bit more. Even $250 is much easier to deal with than $100, and $500 is a lot easier to deal with.

3. I can get rich overnight.

There are so many advertisements that promise overnight riches to binary options traders. The thought that you can get up and running in minutes and maybe take $100 and turn it into $500 overnight, and maybe $5,000 within the month, can be very enticing. When people are desperate and poor, they will believe things which under other circumstances they might never entertain.

Think before you start trading binary options. Are you feeling desperate? Are you calculating in your head just how quickly you can take your $100 and turn it into $10,000? Do you think that you can just enter into a random 60-second trade and find yourself five times wealthier one minute later?

People do sometimes get lucky. It happens in casinos and it happens with binary options too. But it is uncommon—the odds are against it happening to you. If you want to gamble and have a little fun, that is all right, but only if you acknowledge the fact you are unlikely to get rich overnight.

This is not a game of total chance, though, and you do have a shot at becoming rich slowly with binary options, just as you would if you became a professional expert poker player. That means finding ways to give yourself an edge over the house, and as any professional gambler will tell you, that is not something that happens overnight. It takes years of study and practice, just like any other business. Binary options can pay off exponentially, just like gambling can, but only after you put in the effort to develop your edge.

Why would somebody just hand you free money? You need to seriously ask yourself that before you accept a bonus. That does not mean you should reject a bonus, but it depends entirely on your trading plan and what you are looking for when it comes to your trading experience.

Have you ever gambled at an online casino? If so, you are probably at least a little familiar with how casino bonuses work. Now and again you may be offered a cash bonus, but usually you are offered a bonus you can only use on gambling. You need to gamble a certain amount in order to claim the bonus as cash. In effect, you are being paid for your patronage.

That is the case with binary options bonuses as well. You are paid to patron the broker. Only after a certain trading volume turnover can you actually withdraw the bonus amount as cash. In the meantime, you can trade with it. I would recommend accepting a bonus if you are trading for fun and want to be able to take on bigger amounts of risk for the sheer thrill of it. If you are trading seriously, I would only approach a bonus with caution. Leverage rarely works well with a rational and responsible money management plan.

5. Trading binary options is always/never a scam.

The reason I wrote both “always” and “never” above is because both are incorrect, and many people believe one or the other to be true. Either they assume that binary options are not legitimate trading instruments, and that all binary options brokers are out to steal their money, or that all binary options brokers are okay.

As a poorly regulated industry (practically unregulated, actually), the world of binary options is ripe for crime. And there are a lot of fraudulent brokers. There are also a number of honest brokers just trying to do business, however, and binary options themselves are a legitimate trading vehicle. Look up NADEX sometime, the North American Derivatives Exchange, and you will see what I mean. NADEX makes things very complicated for traders, however, and their trading platform is hardly accessible to beginners. This is why there are so many brokers appearing all around the world to offer more easily comprehensible services to newbie traders.

If you believe you are ready to trade binary options with real money, check out our checklist for beginners here. If you can answer “yes” to all of the questions in the checklist, then you are probably really ready to trade. If not, you will know exactly what you need to work on!

Can You Get Rich From Trading Binary Options?

You can get rich trading binary options, but most people will not. Your ability to be successful trading binary options depends upon your ability to build and maintain a successful trading strategy.

Trading profitably over time ultimately comes down to discipline and your willingness to adapt as markets change. Most people do not have the dedication needed to get rich from trading or don’t use the right tools and strategies . Only through hard work and a systematic approach will you give yourself a chance to succeed.

If you are able to trade profitably in a systematic manner the sky is the limit in terms of how much money you can make.

Get Started With Binary Options Signals/Robots.

If you don’t know how to get started with binary options trading, or if you have tried it and you haven’t made any profits yet, then you should try a binary options robot (it’s free). Basically the signal providers or binary options robots will give you up to 70-80% accurate prediction on whether the price of an asset will go up or down.

Follow these 3 simple steps to make more money with binary options trading:

Step1: Get a free OptionRobot account here Step2: Choose one of the brokers from the OptionRobot site and make a deposit Step3: Start auto-trading with the robot.

OptionRobot – Auto-Trading Robot.

OptionRobot the best binary options trading robot. This software is free if you sign up with one of their recommended brokers.

Average Accuracy Of 83% The Minimum Deposit Is $200 Many Brokers To Choose From (including US/AU/CA traders)

If you are still unsure, you can read the Option Robot Review.

The key to becoming wealthy from trading binary options is to have a high enough winning percentage to maintain profitability over a large number of trades. After you are able to trade profitably, you simply increase the size of your trades, and the size of your earnings will correspondingly increase as well.

Why It’s Difficult To Get Rich From Day Trading.

Getting rich from day trading is one of the hardest things for people to do. There are a number of reasons why this is the case, and it is becoming increasingly difficult over time.

Computer algorithms have taken away a lot of short term inefficiencies in the markets. These are the same inefficiencies that day traders used to exploit for profits. Stock market transactions occur in a fractionated marketplace. All transactions used to take place on the New York Stock Exchange, Traders knew the buy to sell ratios on the books, and could make relatively reasonable predictions based upon the inventory of orders. Today, transactions occur mostly over ECN markets and dark pools, and even the NYSE now uses an electronic order matching system. If a trader is using binary options as their trading instrument, they need to win on more than 50% of their trades to be profitable (assuming all positions are the same size). Binary options are designed with the idea that a brokerage on aggregate will have 50% winning trades and 50% losing trades to contend with, thereby making them money over a large sample size. A trader needs a system that maintains a winning percentage closer to the 60% mark to remain profitable. Because a trader needs a high winning percentage with binary options (or they need to keep losses small when they trade other securities) trading requires an incredible amount of discipline. This is extremely hard for most humans to maintain over the course of long periods of time. As any professional day trader will tell you, a small lapse in discipline can lead to a huge loss of money.

It’s Still Possible To Get Rich Trading Binary Options.

Even though it is extremely difficult, it’s not impossible to get rich from trading binary options. Binary options often pay out 70% to 90% above the trade size to a winning trade. With that sort of potential, of course it is possible for people to get rich. In order to get rich, there are some important steps that you will need to take.

Build A Strategy Using A Demo Account.

It is very important for traders to have a demo account so they can test and build strategies in a sandbox environment. With a demo account, a trader has the ability to experiment without losing any real money. Only after a reliable strategy is developed should the trader move the strategy from the demo environment to the real money environment. If you are struggling to build a strategy, consider that there are 3 main directions a trader can take.

Reading the market . This involves looking at the share inventories on the books and looking at the prints (or tape) of a stock and/or market. A trader tries to read the direction of the prominent order flow, and the way the market is trading each particular day (i. e. a stock is struggling to rise even if the S&P 500 is going up). To develop a market read you will need good data feeds showing prints across all ECN markets, dark pools, and all order books. You will then need to watch individual stocks, as well as the whole market very closely over time to understand how different factors affect how it moves. Using technical indicators . This is a popular method with many traders. Many people start with using indicators such as MACD, Fibonacci ratios, the relative strength index, or moving averages. More advanced stochastic or Elliot wave indicators may also be used. Whatever you use, make sure that you are applying it to a stock where the indicator is a good fit (not every indicator works for every stock). There are also certain market conditions that lend themselves to certain indicators better than others. To make money with indicators you will still need to test and hone your strategy for using different indicators at different times. Using a trade indicator tool . Some companies put software out that provides buying and selling signals for traders. Like any indicator, these do not work all the time, but may work well during certain times or market conditions. At How We Trade we recommend market club. You can sign up for a free trial by clicking the auto trade indicator on the menu.

Whichever method you ultimately use, make sure that you test and refine it in a demo account environment. Only after you can reliably win in the demo environment should you move your strategy to a “live” account.

Scale Up Your Size Steadily.

If you are able to exploit a profitable strategy, you will need to increase the size of your trades steadily. It is important that you do not increase your size by large jumps (you don’t want a couple of losses to wipe out your whole account) but you want to make sure that you are consistently increasing the size of your trades. Every trader needs to accept that no strategy will be effective forever. If you have a strategy that is effective, you will need to take advantage of it as much as possible, for as long as it lasts. You will not get rich by taking small trades, but if you are able to increase your trading size enough you do have the ability to get wealthy.

Maintain A Positive Attitude Through Losses.

Every trader is going to experience some losses, no matter how good they are. It is very critical to stay in a positive frame of mind even during difficult times. A positive attitude prevents you from missing winning trades that present themselves to you in the future. It also prevents self destructive behavior that a lot of trader allow themselves to engage in (reckless trading). For tips mastering your emotions while trading read here.

Recognize When Your Strategy No Longer Works and be Quick To Adapt.

Many traders who used to have a working strategy make the mistake of sticking with the same strategy even after it no longer is profitable. A successful trader will realize when their strategy needs an adjustment and stop trading. Remember, losing money by trading is much worse than not trading at all . If your strategy is no longer profitable you will need to stop trading immediately and go back to the sandbox (demo account) and either adjust your existing strategy or develop a new one. Successful traders do not waste time trading with a losing strategy. Trade with a winning strategy only.

Will You Get Rich?

It is entirely up to you. While it isn’t easy, there are countless examples of traders become very rich from the markets. Binary option traders are no exception. The key is to exploit any security and every strategy as fully as you possibly can. Maintain strict discipline, a positive attitude through the ups and downs, and develop a winning strategy. If you do this, you can become wealthy.

Daniel Major.

B. S. Degree in Economics and Finance. Professional day trader. Live and work in Manhattan, NY, NY.

33 thoughts on “ Can You Get Rich From Trading Binary Options? ”

I earn € 8 for 30 seconds! Who is bigger?

You can make even more, but it’s hard to do it constantly.

And losses? How often…

And loose $10 every 30 seconds ?

Getting rich quick in binary options?

But that doesn’t mean you can’t be profitable.

I started about a week ago. Put in USD250, make a profit of the same in 2-3 days. Then I started losing money. As of now, if I close my account, I would be back to square one.

To tell you the truth, binary trading is actually gambling. You can try to predict the market. But you are against time and 2 decimals point, your chances are basically only 1/3=33.33%. If you are still making profits after 20+ trades, your strategy works somehow against that odd.

You right. But get stuck it better. I made £5k profit within 3 hrs but lost it within 2hrs.

Ive been trading for 3+ years now.

I trade both binary and fx and with binary i have developed a strategy and i have a 95% success rate on all of my trades.

You can make a serious amount of money from trading binary and fx but you have to stay disciplined even when you lose trades.

Can you advice us to become a successful binary trader like you.

Hi Selfmade, can you please enlighten me on your winning strategy for binary options? I want to have a good success rate too. Thanks.

Hi I am trading in binary and would like to know more about your about your strategy.

Hi Selfmade. Do you train on your strategy please? Would love to learn from you. MH.

95% success rate is too high. I recommend trying out a signals provider if you are a beginner and don’t have a strategy: howwetrade/go/optionrobot. php.

is a SCAM. Dont Offer this Sh*t for another ppl.

Robots are fake.

I too have a winning strategy of 95% wins. It can be done but you need forex charts and technicals to do it.

By any chance I could Learn and open up an account under you?

What is d strategy pls. I keep loosing my profit. Just started 2weeks ago.

CAN YOU SHARE YOUR STRATEGY WITH US?

May i know which binary broker you use as most are scammers..

IQ option and 24option.

So, what’s your strategy.

How can you stay disciplined?

i am new to the system.

nobody aint getting any richer shitting here….

Strict discipline is required to be successful. People brand it as “gambling” what they don’t know is if you are in for trading in very short time frame you have to get your skills that high too. It’s not a lazy trading.

Hi I am also trading binary options. I have blown about 3 account balances cos I did not follow a winning strategy. I have lost about 1500 USD over 4 months. I went back to the drawing board ( Demo Accounts) I did a lot of research and I developed my own winning strategy. This week alone I made 4000Usd in profit (demo). But I blew most of it on purpose in order to start again from 1000usd. This is in order to see if my strategy remains profitable. Next week I will start to trade again from scratch. Leon from SA.

Very nice. I wish you good luck.

Hey, thanks for the very informative post. Actually, I am so much confused how to get started with binary options trading. After reading your article, all my confusion gone. Really thanks again 🙂

Most of the people treat Binary Trade as gambling and just predict the random option, which results in lose of their money. I also made that mistake when I go first time for trading. I thought that, it is a game of rise or fall but I was wrong. Binary Trading is a business which needs knowledge and tactics. Only people can money their who have accurate knowledge or strategies. After wasting thousand of dollars on trade platform and so many hours on internet, Finally I got a strategy by which I am making money. Though I make only $30 daily but regularly. 🙂