Why Trade Binary Options?
Last week, while I was shopping for the weekend, I ran into one of my old friends; he works at the mall. He was so eager to know why I love binary options trading when I can get any job I want. I simply laughed and made a note to myself that I will write about it this weekend for my blog readers.
My first thought whenever somebody asks me why I choose binary trading over a regular job is “why should I slave for someone else, helping them build their dream and passion while I can do so for myself”. I love binary options trading because it allows me to do what I am passionate about. Moreover, there are various reasons why many people are going into binary options trading in recent years.
The popularity of binary options trading is growing rapidly every day; 5 to 7 years ago, many people do not know anything about binary trading and others are simply not interested. But this has all changed; we will take a look at some of the benefits of trading binary options below:
1. It Allows Me Live My Passion
To be frank, I don’t know what kind of job will give me the freedom that I enjoy with binary options trading. I make good enough money to take care of myself and my family. I am not restricted to traveling because my boss refused to give me permission. I don’t have to show up for work by 9 and wait till 5 to go home neither do I have to miss out on my kid’s life because of endless meeting at office.
Binary trading gives me the kind of life I have always dreamt about and that’s my first motivation for trading binary. The truth is, not everybody that tries binary options trading will succeed, if you are in it for quick money, you have already set yourself up for failure. You need to be passionate about trading binary options if you want to live your passion with it.
2. It’s Good Money
Binary is only investment machinery that will pay you up to 60 – 90% return on your investment. You can make serious money on binary options trading depending on the underlying asset you choose to invest in. Your success depends on the rate of the underlying asset at the expiry time. You don’t need to be a professional forecaster or go to Business School before you can start making money with binary, Of course, you need proper training to be successful.
3. You Don’t Need To Be A Financial Expert
I am no expert when it comes to United State economy; I probably suck at math but trade binary options like a Pro. My point is that you don’t need to be an investment guru to trade binary options. Most amateurs think that only financial market genius can make money with binary options trading; that might be the case with other investment tools such as stock and shares but not with binary. Binary is all about predicting the direction of the market. You only need to predict the direction correctly to make money. Moreover, it’s very easy to trade binary options, you just need to choose a Call or Put option and you are done. If you have a good strategy and discipline, you will be making good money.
4. Fast Returns
I don’t know how many traditional businesses where you can invest money and have a profitable return in the next 15 minutes or one hour. Of course not all return are profitable, there are days when you will have couple of losses. However, if you know what you are doing binary options trading could be very rewarding. It gives you the opportunity to have a profit margin of up to 90% on your initial investment. Unlike shares, you don’t have to wait till end of the year to make a profit, you just need to invest as much as you can afford to lose, choose a direction and expiry time and wait for your trade to expire – If you are correct, you will make profit and you can withdraw it instantly – that’s the beauty of binary options trading.
One of the most attractive features of binary options trading is the opportunity to trade rapidly on financial markets along with the potential of earning high returns on your investment.
If you desire to create additional income, binary options trade is a good place to start. You need a little training to make you know what to do and what to avoid while trading, but once you know your way around binary options trading, you will be amazed by how it will change your life.
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