How much can you earn with binary options
I'm worried that, if I'm consistently winning, a Broker might choose to not pay me? What you need to keep in mind is that this is trading for entertainment more than anything else, like playing a game, and not an investment strategy for your retirement. December edited December That way you can simply enter your success rate and start making some consistence profits, regardless of your strategy, a good money management strategy is the key to success in any trading.
Also, would it be 'safe' enough to withdraw at least 5,K a month 50, a year from IQ or any regulated Broker? Hopefully the trading strategies I use will get me there. To me, that's not a "game". Hell no, I'm prepared to lose, but I want to keep going till it entertain me enough. I do not desire luxury or fancy staffs.
Thanks for answers in advance. I been a millionaire a few times, I know enough about the world of the rich but I dislike it so no longer interested and quit those cycles for good some years ago. The scary thing about the trading profession is that no salary is ever guaranteed to you. I'm taking binaries as an interesting and educating hobby.
With a small investment, you could make great fortune. Yes I get it, you like watching guys in short talking BS for 10 minutes, happy for you. Are you a billionaire? Im working with fulloptionstrade its really good broker and great platform. What you need to keep in mind is that this is trading for entertainment more than anything else, like playing a game, and not an investment strategy for your retirement.
So, you know, just living simple. You can turn very small sums into large sums by trading lower volume, but this would entail very risky money management practices, basically where your trade size is equal to or nearly equal to the sum from your previous winning trade. I am a big proponent of fixed-investment money management, where a single amount of money is invested into each trade. December edited December Hopefully the trading strategies I use will get me there.