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Binarium
Top Binary Options Broker 2020!
Best Choice For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Big Sign-Up Bonus! -
Binary Options: Trading Or Gambling?
Binary options. Is it about gambling or trading? This is the question that many people ask when considering binary options trading. The ideology behind this is simple; no matter how much research you complete, the basis of trading in binary options is simply deciding in which direction the price is going to move. This can be compared to taking a gamble on any kind of sport.
The Truth – Is Binary Options Trading Investing or Gambling?
The only true way of deciding whether any activity can be classified as gambling is by understanding what gambling actually is. Of course, most terms have an array of options regarding their definition. Gambling is no different, but the common theme in any description is that it is the process of attempting to generate funds through estimating the outcome of any given event. For it to be truly classed as gambling it would need to rely on chance.
Trading in binary options may, at first glance appear to fit these criteria. It does involve investing money in an attempt to generate funds and the outcome is controlled by chance, or fate. However, binary options trading may be classified as gambling by these standards, but, there is much more to it than many people originally think. The ultimate outcome is controlled by chance, but the decision as to which direction the price is likely to move in is controlled by the amount of analysis you complete before parting with any funds. Anyone involved in these transactions will quickly realize that those who apply analysis and methodology to their trading have much better and more consistent results than those who do just leave it to chance.
Certainly investing in this way can be seen as trading and relying on chance. Unfortunately, it is never this simple to define any activity. Generating profit from this opportunity involves a solid and analytical approach; this cannot be considered gambling. But, if you have a casual approach then you could be considered to be gambling! The answer perhaps lies in the approach of the trader.
Deciding which Binary Options Trading Route is Right for You
If you are not prepared to analyze and assess the market then you can consider yourself a gambler. This will quickly become apparent to others as you will never develop a strategy, you are unlike to worry yourself with basic principles such as money management and you generally lose money over the long term; even if short term successes seem possible.
The alternative is trading in binary options professionally. This means studying the different methods available and devising your own method of trading. Part of this strategy will involve basic money management; this limits your exposure should a trade go wrong and ensures that you develop your knowledge and improve your options with every trade. Granted, chance will always play a part but a binary options trading professional will seek to minimize the intervention of chance by knowing the market and adopting the best approach possible.
Perhaps one of the simplest ways of understanding the difference between gambling and trading is to compare it flipping a coin. Without a system every flip has a fifty percent chance of being right for you. It is possible to be right more times than wrong but it can just as easily go in the other direction. However, if you know something about the coin and can predict how it will land then each flip will be more likely to land in your favor. You will no longer be relying simply on chance and will be trading to generate a monetary yield.
Learning to read and understand the markets will separate you from those who denounce binary options trading as gambling; simply because they are unable to master it themselves. The approach and planning is what really makes the difference to how you define this and your profit level.
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Category Archive
Binary Options Tips: What to Ask Your Broker
27 May 2020 • Senza categoria • Binary • Comments Off on Binary Options Tips: What to Ask Your Broker
You’ve decided to begin trading binary options. While technically it’s not that complicated of a process, you still need to set yourself up for success properly. And the first step towards successfully trading binary options is to find the right binary options broker. But to do this you need to know the right questions to …
How To Trade Using A Simple Moving Average
22 May 2020 • Senza categoria • Binary • Comments Off on How To Trade Using A Simple Moving Average
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Binarium
Top Binary Options Broker 2020!
Best Choice For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Big Sign-Up Bonus! -
Trading securities can be a lucrative investment if you know what to look for and how to use it–one such tool is called a simple moving average (SMA). NASDAQ alone trades an estimate of over 2 billion shares daily. If there wasn’t money to be
Binary Options For Beginners: Mistakes To Avoid
18 May 2020 • Senza categoria • Binary • Comments Off on Binary Options For Beginners: Mistakes To Avoid
You already know you can make money on binary options. You even know the best strategies to do so. But what about the pitfalls? As a beginner, what do you need to know? To answer that, we’ve come up with a list of common mistakes to avoid when it comes
The Value of Bitcoin Reaches All Time High and Beats Gold
16 May 2020 • Senza categoria • Binary • Comments Off on The Value of Bitcoin Reaches All Time High and Beats Gold
In recent months, gold has lost it’s superior value to bitcoin. Bitcoin’s start was unstable but this recent development implies increasing stability and rise in value. Learn more about the value of bitcoin below. Recent History To understand the
Understanding One Touch Binary Options
14 May 2020 • Senza categoria • Binary • Comments Off on Understanding One Touch Binary Options
With the growth in binary options trading, brokers are adding more types of trading to attract investors. One touch binary options are one of these newer features. They offer high payouts and greater simplicity than stock trading. But are they really that
Yen and Technical Indicators Putting Pressure On Dollar Bulls
12 May 2020 • Senza categoria • Binary • Comments Off on Yen and Technical Indicators Putting Pressure On Dollar Bulls
Many factors can put a strain on a country’s currency. In the case of the United States, technical indicators are pointing to a decrease in dollar value against the Japanese yen. Why is this happening? What does it mean? Is there a strategy in place to
Can You Make Money With Binary Options?
10 May 2020 • Senza categoria • Binary • Comments Off on Can You Make Money With Binary Options?
Whether you’re looking for a different way to invest or if you just want to make some quick money, binary options may be your answer. Trading with binary options is basically like predicting the future price of a commodity — such as silver, gold or
How to Create A MetaTrader Forex Signals Chart
8 May 2020 • Senza categoria • Binary • Comments Off on How to Create A MetaTrader Forex Signals Chart
The Foreign Exchange Market, known as Forex, is a global currency trading market. Some of the major currencies exchanged include the United States Dollar (USD), the Japanese Yen (JPY), and the Euro (EUR). If you are interested in trading on this foreign
A Quick Guide to Buying Stock Options
6 May 2020 • Senza categoria • Binary • Comments Off on A Quick Guide to Buying Stock Options
So you’ve decided to invest in the stock market. Congrats! Now that you’ve come to this decision, you’re probably scratching your head, wondering which stock-buying strategy to use. Not to mention, the stock language is pretty overwhelming.
US Job Growth Off to Strong Start in Early 2020
4 May 2020 • Senza categoria • Binary • Comments Off on US Job Growth Off to Strong Start in Early 2020
Job growth is one of the biggest concerns people have that transcends politics. Trends with growth do more than show if more jobs are being added to the United States economy. The number of jobs that are added each month can have a substantial effect on the
The Ultimate Question: Is Binary Options Gambling?
30 April 2020 • Senza categoria • Binary • Comments Off on The Ultimate Question: Is Binary Options Gambling?
A lot of financial discussions have been asking: is binary options gambling? Regulators can’t decide how to classify binary options. In the Isle of Man, binary options were classified as gambling, so operators need a gambling license. But in the
What You Need to Know About Binary Options Fraud Investigation
26 April 2020 • Senza categoria • Binary • Comments Off on What You Need to Know About Binary Options Fraud Investigation
The recent counts of binary options fraud are eye-opening and a little scary. That’s why we’re sharing important updates on fraud investigations and what it could mean for you and your investments! What binary options are If you’ve stumbled
Five Binary Trading Tips For Beginners
25 April 2020 • Senza categoria • Binary • Comments Off on Five Binary Trading Tips For Beginners
Binary trading can be an incredibly rewarding field to get into. If you’re new, though, it can be daunting. Even after you’ve read the descriptions and gotten a basic grasp of what binary trading is, it can be difficult to figure out how and where
Cyprus SEC Pushing For Reforms to Standardize Binary Options Trading
22 April 2020 • Senza categoria • Binary • Comments Off on Cyprus SEC Pushing For Reforms to Standardize Binary Options Trading
Lack of transparency and accountability has long been an issue within the securities industry. Binary options fraud is a global problem, as more brokers use shady tactics like shell companies and virtual offices to make their numbers. Now, the Cyprus SEC has
Can A Beginner Make Money With Binary Options?
But wait! First we have to see if binary option trading is legal in your country.
Binary Options Trading in your Country
Depending on your country, here are the brokers available to you in April, 2020:
Country | Binary Options Available? | Broker Info | Best Broker |
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NO | Trade stocks, indices, currencies. | eToro (visit site) | |
YES | Regulated US Binary Broker | Nadex (visit site) | |
YES | Regulated AU Binary Broker | HighLow (visit site) | |
NO | Trade stocks, indices, currencies. | n/a | |
Mostly YES | Binary Broker for non-EU/US/AU/CA traders | IQ Option (visit site) |
*Other countries: Binary options is still available to most non-EU/US/AU/CA traders however there may be some exceptions.
- EU Traders are banned from binary options trading. The best alternative is eToro.
- US Traders should go to our US Welcome Brokers page.
- Australian Traders have a great choice available: Highlow.
- All other traders (if you are not from the US, EU and AU) can sign up with IQ Option.
Beginners think that all a trader needs to do is go on one hot streak!
New traders often say to themselves: “just ten wins in a row and all of a sudden I will be a new trading mogul”. People looking for quick money think, that they can quit while they are ahead on a hot streak and go home richer than they could possibly imagine.
The truth is that you need a strategy and discipline to make successful trades on the long term. You should start by picking a legit broker first.
If you are just starting out with trading, then this is the perfect guide for you to start making money with binary options trading.
Here is our #1 Rated Broker
IQ Option – Best Trading Platform
IQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.
- Trusted CYSEC Regulated Broker
- Minimum Deposit: $10 (Lowest In The Industry)
- Free Demo Account
How To Get Started With Binary Options Trading
Unfortunately binary options trading was banned in most countries but there are many more assets that you can trade: stocks, commodities, bitcoin, indices and more. There are many safe and regulated brokers.
You can start with a trading signals provider, especially if you are a beginner. FX Atom Pro looks really promissing.
- Step1: Sign up with 24Option
- Step2: Make a first deposit
- Step3: Start trading using trading signals
Alternatively you can choose a reliable broker like IQ Option that offers free demo accounts.
IQ Option is the most trusted trading platform at the moment. They are regulated by CYSEC and they have a stellar reputation in the industry. The minimum deposit is only $10 which is perfect for beginners.
Forex Trading – The Best Alternative To Binary Trading
Binary options trading may be too risky for you. Or maybe you heard too many horror stories about binary trading? We recommend you to try out Forex trading instead.
Forex brokers offer CFD and even Cryptocurrency trading. Most Forex brokers are regulated and have been around for many years. Here is the best Forex brokers:
Rank | Broker | Min. Deposit | Regulated | Features | Review | $100 | YES | + CRYPTO TRADING | TRADE NOW | $200 | YES | + ASIC LICENSE | TRADE NOW | $200 | YES | + COPY TRADING | TRADE NOW
Common Mistakes of Beginners- And How To Fix ThemWhen a beginner goes in unprepared trading binary options, the broker will feast on them. New traders often make mistakes such as taking way to big a position for one trade, taking a bad loss, and then staying way to small the next 5 times. They may even experience winning easily on small trades, but they never make back the big loss. New traders take way too many trades, let emotions control their trading, and don’t have the self control to stay out of low percentage trades that they know have small chance of making them money. After knowing all the pitfalls, why would a new trader ever decide to open a binary options account and become a trader? Well, they do it because they have the power to win systematically if they have some intelligence and a plan on their side. A new trader needs to understand the most common pitfalls, otherwise they may not even know that they are making a mistake while they do it! With that in mind, here are the most common mistakes new traders make, with what they should do instead.
How Beginners Can Make MoneyEven with so many ways to mess up, beginners to binary option trading can make money if they work hard and follow a system. The key to binary options trading is to control risk. As a result, a trader can never lose too much money on any particular trade. Hypothetically, a trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money, a 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 to make money) would take, they need to figure out how to turn about 20% of them into winning trades. Binary Options – How Much Can You Make?: This is not a simple question. There are certainly traders who make a living with binary options. You could make thousands of dollars every month. However the best is if you start with lower expectations. Making hundreds of dollars steadily is a good way to start. Here are possible ways that any beginner can easily do this:
Binary Option Trading Is Not Easy For BeginnersThe problem with this dream is, how often does this really happen? Let’s just say a lot of brokers would never be in business if it happened very often that beginners made money. Above all, beginners have dreams of being smarter, better, and luckier than everyone else who has every done something, but the harsh reality is that trading in any form is not easy. Especially when it comes to making money from trading, it takes hard work, dedication, and a commitment to learning. And when I say learning I don’t mean just reading a couple articles, I mean actually learning from your wins, from your losses, from hard earned experience. As a result never take a trade and learn nothing from it, especially as a new trader. What Our Readers AskedThe short answer is yes, you can make a lot of money trading binary options. However it will be very hard to do so if your initial deposit is low. Always keep in mind that binary options is risky and you could also lose money. A binary options broker makes money when you lose your trade. This is the main reason why there are not fees when trading. Yes, many traders have success with binary options trading. You can even follow some of these traders. In order to do so, pick a broker that offers social trading. This way you can pick your favorite trader and copy their actions. Do We Recommend New Traders Even Try Binary Options?Of course! Every successful trader was new at some point. Just because a lot of traders go into trading without educating themselves or having realistic expectations doesn’t mean you will as a new trader. In fact, since you are reading this article you almost decidedly will not. At How We Trade our job is to prepare new traders for success. So move forward knowing you have a strong ally in us! Interested in opening an account? Check out our homepage for the best trading platforms, along with our top rated binary options brokers. IQ Option – Best Trading PlatformIQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.
Best Binary Options Brokers 2020:
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