On many occasions I have been asked " Isn't binary options Gambling?" And there is an easy answer No, it isn't. To the uninitiated and the uninformed, binary options is 100% a gamble. The traders is making the simple investment that an asset going up or down. Black or white. 50/50. But this is not the case. By applying even the slightest amount of knowledge on the markets to your Binary Option trade, you have stopped gambling and instead have made an educated decisions Binary options trading can be treated like a gamble but that would only result in the loss of funds and unsuccessful trades.
Binary options trading is an investment based on skill. The skills of reading the market or the skills of judging how an asset will react to an high impact news event. There is not set of odds on whether or not you will 'win' your trade, there are many factors the will ultimately determine the success of you investments. Treating a binary options trade as a 50% chance is foolish and you find your account and your wallet empty before you know it.
Ask any professional trader and they will tell you they are looking for clear market indicators before opening any trade. Instead of leaving their trades to fate and making a guess they are making an educated decision about were the asset will move next. This is clearly the separation between gambling and binary options trading and also why games of skill such as poker or often legal where gambling has been outlawed.
binary choices commercialism, as available or Forex, a sound data of technical aspects and understanding of fundamentals similarly as what's occurring around you, causes you to AN wise and productive dealer.
ReplyDeleteOptions Trading
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