Is anyone making a living from Binary Options?

MoneyTec Forums Binary Options Is anyone making a living from Binary Options?

This topic contains 4 replies, has 5 voices, and was last updated by  Zuko 1 year ago.

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  • #1496

    Coleen
    Member
    • 26

    Although this is a similar question asked about Forex, but I believe managing it with Binary Option trading is far tougher thing. So, do you think it is possible to make living from it?

    I know many might assume things, but I like to hear if anyone is already doing it. I personally feel you can do it via Forex but not Binary trading….. What’s your take?

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    #1531

    ImBustedNoob
    Participant
    • 26

    I don’t think it is exactly the big deal to make living from Binary Option trading if you could do it via Forex. I know there is a slight difference, but it is not exactly a monstrous one. If you got a credible broker then I don’t think you need to really worry too much, as you could do it without all major issues. I don’t do it full time just yet but I might in future.

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    #1616

    McCoy
    Participant
    • 13

    No, I am doing Binary trading part time, I am not able to generate too much profits. As often I get losses which kill the profit.

    I think it is the toughest form of trading plus you need to have a lot of points in your favor in order to get it working in order. It is all not easy at all, but it is quite doable, just need to have a lot of experience to manage it.

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    #1698

    Peter Parker
    Participant
    • 29

    I am doing Binary Option trading with 1k. I am obviously not making that much that I can say I can live up with. I think I will move towards Forex trading more instead of Binary Option. I am finding it a lot difficult to do Binary Option while Forex is a lot easier. But ultimately, it is down to the personal level of comfort only.

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    #1781

    Zuko
    Participant
    • 14

    There are many people out there making their bread and butter from Forex trading, but very few who are doing it via Binary Option. I believe that is a very much obvious thing.

    Binary Option is not exactly the way to go about making solid money, so that’s why it is far better to focus on something that got more hope like Forex. I will not even attempt making living from Binary Option; it’s just not worth it.

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