Why Aren’t More People Taking Advantage of This Forex Trading Secret?
The truth? They ARE taking advantage of the secret. People are signing up to trade forex binary options in droves (you can too here). Trading is easy to understand. Fees and commissions are not collected. No spread. It’s OBVIOUS why people are flocking to this market over other trading platforms – simplicity and transparency. Why wouldn’t someone opt to trade on a platform where you didn’t have to pony up your life savings just for the privalege of opening an account?
It Can’t Be Just About the Starting Capital, Can It?
Honestly, the low startup capital has a LOT to do with the popularity of forex binary options. This forex secret trading system is becoming less of a secret every day as more people become aware of the high yields (60-80% typically), low capital requirement ($100, no margin needed), and no spread / no commission / no transaction cost trading. You don’t have to be a math genius to figure out the mechanics of making your first trade – as your EXACT payout is computed right on the screen in front of you. No guesswork. No wondering when to buy or sell. No haggling. No fees.
The Point Is If You Don’t Have Binary Options in Your Trading Toolkit You Are Leaving Money on the Table
You Don’t Even Have to Ration Out How Many Shares to Buy
Trades are made in fixed dollar amounts. Want to pick up $200 worth of a Yen/USD forex binary options call contract? Select Yen/USD call, type in $200, check the payout figures, and click execute. DONE. The simplicity of purchasing securities like these is just one more reason so many people like them. You do not have to have this huge learning curve to go up to figure out that high volume / low capital trading of regular securities is a waste of money. Buy instead a simple binary options contract, decide how much to invest and read the (2) payout scenarios. No mysteries, no surprises, no guesswork. Go grab a cup of coffee and wait for expiration. Did I mention the options expire within the same day?
Contracts expire at the end of the hour or the end of the day. No worries about margin interest (there’s a forex secret trading tip they don’t give you when you make your first margin trade – do they?) or open position fees or any other such nonsense. No fear of margin calls in the middle of the night because your maintenance margin has been gobbled up by a sudden rush to the USD due to a world crisis, earthquake, or terrorist attack. The real forex secret trading advantage binary options traders enjoy is the lack of ulcers. When the trading day is over, all accounts and positions are settled and you can relax and enjoy a cold one instead of downing expressos and 5 hour energy all night trying to stay alert to market events.
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Say, with that typical 60%-80% profit, how much will be the typical loss?
Loss % ranges from 85% to 100% if your option expires out of the money. This is why I advocate using a hedging strategy – either against another security (see a binary hedge against a stock purchase) or another binary option (see a binary options hedge against itself).
Based on my very limited visibility into how my referrals / traders are doing, results have been very good. Sad to say but I can’t tell what strategies they are using, but I’m presuming they’ve watched some of the trading tutorial videos I have put on here and on YouTube. The links above have video binary options trading tutorials on those aforementioned strategies.