Binary options, how easy is it to win money?

loyer

Hello,

I’m thinking about moving onto binary options to make some money, how easy is it to win on say binary options trading? Please give valuable suggestions.
Thanks for help!

PlutoinCapricorn

This site discourages gambling and discussions related to it.

fawd1

PlutoinCapricorn wrote: »

This site discourages gambling and discussions related to it.

Erm, does it? as I recall it has a whole forum dedicated to betting. Might be best to ask over there, I have no idea what binary options even are.

http://forums.moneysavingexpert.com/forumdisplay.php?f=41

PlutoinCapricorn

Matched betting is NOT gambling!

If you can understand the Wiki article on binary options, you are a far better man than I am.

Trad3r1

I trade binaries;

I choose an asset, choose an expiry time (every 30mins or 60seconds) choose an investment amount and decide whether I think the share price will be higher or lower than the current price.

SOunds easy, but by no means is a stab in the dark - you have to use strategies either fundamental or technical.

Personally I enjoy 60 second trades as I like quick profits and it is very exciting