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I'm new to trading - Preferably Binary Options

Discussion in 'Beginners Bootcamp' started by IamNigel, Mar 22, 2015.

  1. momo3HC

    momo3HC Corporal

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    That`s better choice definitely.
     
  2. Etedus12

    Etedus12 Corporal

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    You better invest small amounts really cause you may try to feel how it's feel to loose like decent amount of all your money here and there for that matter. I do not get anything like that for example. Start small with some verfied and regulated brokers.
     
  3. TrapLok

    TrapLok Recruit

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    I would surely advise you to come on the forex market as it is the real form of trading. Binary Options is a good form as well but it is closer to the gambling. You cannot earn much money from there as compared to the forex trading. This is my personal opinion, you can disagree with me!
     
  4. Olieng38

    Olieng38 Private, 1st Class

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    Binary options along with their brokers are really banned in a lot of countries anyway so I really not that sure that you still need that info, I recommend you to concentrate on your usual brokers for all your needs. Forget about binary, please.
     
  5. bigdolly

    bigdolly Sergeant Major

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    Binary options provide very unfair trading conditions, their payouts are lower than losses and trader has to have considerable trading edge to make money. That's why binary options are often compared with financial casino, they even make funny websites which don't resemble serious trading platform. It's rather an entertainment.
     
  6. JamesForexSlayer

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    Binary Options such. Stick to Forex.
     
  7. JamesForexSlayer

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    Totally agree with this.
     
  8. Shalirad

    Shalirad Private

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    IT's already prohibited in a lot of countries and will probably will be only more, you should concentrate on something way more classic like stocks, shares, commodities and maybe something like crypto if you really want to try yourself anyway;0
     
  9. Albert Dcosta

    Albert Dcosta Private, 1st Class

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    The hype of binary options trading is over now because that is just like betting and people have lost much money in that market. So it is better to concentrate of forex market that has matured enough to give you a reliable source to earn decent profits.
     
    JamesForexSlayer likes this.
  10. Anthony23

    Anthony23 Recruit

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    There is just too much risk in binary options trading, and extremely low opportunities for risk management. Aside that majority of brokers are scammers (not all of them, of course). In addition, this business is banned in the EU, UK so you can probably still trade it in the US
     

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