Good Day and Happy New Years to everyone here!!
My first thread for 2014 I would love to gain some insight on Binary trading.
So as many of you might know, binary trading has been taking over the pop-up ads on the Interwebs. As always, promises looooaaads of money!
It seems easy enough to look at which stock rises or falls, to place your bet and see the money roll in, but is this to good to be true?
A simple "binary trading scams" Google search would give you tons of people saying they keep on loosing money or they made double up on what they started with and never make a dime after that. I have, however, read some articles about people saying they have made enough to support a family and they will never look back.
TBH, I have no idea where i stand on this matter. It seems like it can work if you focus and make informed decisions based on accurate research. I would love to gain some insight on whether this is a viable money making option. One thing I know is that if money making seems easy you need to take it with a pinch of salt.
So here we go Forum, blow me away with your wisdom!