Options have recently become very popular. Many users who are looking for earnings or part-time jobs are interested in the opportunity to earn income using the Internet.
Deception or opportunity?
Options are suitable for those people who want to receive additional profit and at the same time not be limited in time. However, many believe that binary options - a divorce for suckers. What attract users of BO or Forex? First of all, this is the availability of this type of earnings. Secondly, quick profit. This is the main advantage of options.
Most people, having seen enough different advertising and tried their hand at the financial market, come to the conclusion that binary options - a divorce for suckers. The expectations of such traders-players did not materialize. And if we take the statistics, it clearly shows that 95% of novice traders lose their investments. It is this fact that proves that not everything is so simple. Yes, of course, 5% remain - these traders, of course, are professionals. But this is proof that you can make money in the financial market.
Why is a novice trader losing?
Binary options can be great earnings. But if the received advertising information is perceived as a call to the fact that you don’t need to do anything, but simply guess the direction in which direction the market will move, in this case you will not be able to get any income. The thing is that this will not be earnings, but an elementary game, as in a casino or in any bookmaker. If you have this attitude, then the statement will be true that "it is true that binary options are a divorce for suckers." The thing is that any casino works according to probability theory. And as everyone knows, this means that the probability of winning or losing is 50/50. But only unlike a casino, options winnings range from 70 to 95 percent. Therefore, with such a frivolous attitude, the novice trader will gradually lose his deposit, and after losing it, he will inform everyone that binary options are a divorce for suckers.
Deceitful Situation
At first glance, everything seems wonderful! Those wishing to make money online are provided with very favorable conditions, namely:
- There is no attachment to the place of work, that is, it is possible to work at home or in any place convenient for the trader. This can be when he is resting in nature or in the country, when he is traveling, sitting in some lines, for example, in a clinic, in offices or organizations. He can work even during the lunch break at his main duty station.
- There are no time limits, since the financial market works around the clock. You can trade at any convenient time.
- Give trading any of your free time. You can trade the whole day, or you can only a few seconds.
- Quick earnings. On Turbo options, you can get income very quickly.
But with all these advantages, the opinion that binary options are a divorce for suckers remains relevant. Why? Because in order to earn money, you need to not only hope for your luck, but also have the appropriate knowledge and experience. Without them, it is impossible to receive income.
The opinion of experts
Professionals who have been trading binary options for quite some time, consider that this type of earnings is possible if the required conditions are met. What are these conditions? To make money in the financial market, you need to undergo compulsory training, that is, a theoretical course. After the novice trader receives the necessary knowledge, it is necessary to consolidate them. For such purposes, you need to open with a broker, where the newcomer is going to trade, a training account and already work out the necessary skills on it.
After that, you can start real trading. You also need to understand that options are not a game, and therefore you need to treat them accordingly.
Is it true that binary options are a scam for suckers or not?
Of course not! It’s real money to earn on BO, thousands of traders all over the world earn money in the financial market, in particular, in binary options. For some reason, many people think that in order to earn money, you need to know some secret. But in fact there is nothing mysterious. The secret to success is hard work, perseverance, regularity. As, however, and everywhere, if you want to achieve something, you need to make some effort. This is the basis of any successful projects.
You must definitely choose a goal for yourself. Feel free to set the bar too high, even if it seems unrealistic to you. This is so far, and then everything will change. This will not happen immediately, gradually, it will come with experience. But if you act, you will surely achieve your goals.
Learn the whole theory, all that you need to work. Choose for yourself and test the trading strategy with which you will earn. Do not hurry! Practice and consolidate your skills on the training account. Psychologically, you need to understand that financial markets are always big risks. You also need to know that it is impossible to trade constantly with profit, any professional has not only profitable transactions, but also unprofitable ones. Success depends on the relationship between the two. There should be much more “pluses,” and this should happen regularly. And for this you need to have knowledge and practice. So to answer the question of whether binary options are a scam for suckers or not, it is possible only if you fulfill all the conditions that must be observed.