Is it possible to make money from options? Is it possible to make money on binary options: detailed analysis

On the Internet, advertisements for binary options can be found literally at every step. Advertisers position them as a quick way to make money, where in just a few minutes you can double or even triple your investment. Is it so? In this article you will learn the whole truth about binary options: what is it, what are they for, is it possible to really make money on them or is it still a scam. And most importantly, if you can make a profit from them, then in what way? Are there real strategies for making money on binary options?

Binary options - what are they?

Binary options are a type of Forex trading. You need to make a certain assumption about where the price will move at a certain point in time. If your guess is correct, then you are in the black, if not, you lose. That's all.

There is a connection here with playing in a casino or with sports betting.

Binary options transactions can be concluded on many financial instruments: currency pairs, stock prices and many commodities (oil, gold, wheat, cocoa and others). You choose the instrument you need and set the transaction time: from one minute to several months. If at the end of the specified period your transaction is completed, you earn money.

There are several types of binary options that can be used for trading. The most popular are the following:

Higher lower.

You choose how the current price of a financial instrument will change after a specified time interval. For example, on Gazprom shares. Now their price is 135 rubles per share. You buy an option on Gazprom shares for 1 hour and believe that the shares after this period of time will be worth more than the current price. In an hour, even if the price is only 1 kopeck higher than the initial level, you have won, i.e. earned. The winnings can be up to 90% of your investment.

It doesn’t matter how the price behaves during this period of time. It can fall far down, but by a given time, if it exceeds a given level, the win is yours.

Touch

It is necessary to determine which specified level (above or below) the price will touch during a certain time interval. If the price touches the level, you are in the black.

Let’s say at the current time the price for one ounce of gold is $1,600. The investor is supposed to choose which levels the price will touch in 1 hour:

$1625 – upper range

$1600 – current price

$1580 – lower range

Let's say you think that the price will go up and reach the upper level. You buy an option for $100. Indeed, the price reached the level of $1,625, but then turned around and went down. But the condition was met, the price reached the specified level. Your winnings will be 90% or $90. Quite good for just 1 hour.

Range

If you believe that the price of the selected asset will remain within the specified range, select the “Range” option. Relevant for low-volatility instruments, the prices of which do not change that much over time.

For wide range Binary options were not available to ordinary people until recently. Serious changes occurred in 2008, when the world's largest stock exchanges - Chicago and American - opened their platforms for this type of trading. Since then and to this day, this has been a common type of transaction, available to everyone online. In recent years, the system of making money on binary options has been rapidly developing in Russia.

Simple but profitable

The demand for options is associated not only with the large income that users expect. The key advantage of the system is ease of learning. You cannot be born a trader; you become one after mastering the technologies of betting. However, to achieve success on the stock exchange, you will have to study for a long time, but real earnings on binary options are available almost immediately, you just need to master the basic concepts.

Trading binary options is a simple task. The trader is offered two options:

• promotion;
• reduction.

All that is required of the participant is to decide in favor of one of them. No charts, graphs, complex strategies, calculations, or an abundance of tabs. When concluding a transaction, all a person has to do is press one of two keys.

There's no risk

Binary options are a method of earning money in which the user has to make a decision: is the asset profitable at the current time? If you succeed in guessing, you can count on receiving money. If you are wrong, the money will be lost.

You know right away how you can earn a lot. How much you can lose is agreed upon in advance. Trader buying, selling options, with highest precision knows how great his risk is. It is this feature that distinguishes strategies for making money on binary options from classic stock exchanges. By the way, these days this is the only method of legal earnings on the stock exchange in which the loss does not turn out to be greater than the value of the asset. But if the transaction is successful, earnings on binary options range from 65% or more of the amount. It is also not uncommon for a participant to win 91%.

Fast and profitable

A significant advantage of binary options is the short duration of time from the moment of investing money to receiving the result. It only takes a minute to sell or buy an option, and a forecast can be made for a minimum period. This manipulation allows an interested person to quickly earn a good amount by making many short-term transactions for small bets.

However, a novice trader must be careful. Excessively short-term rates are associated with certain specific risks.

Available to everyone

Why are so many Internet users concerned about the question: “Binary options - a scam or a profit?” Yes, it’s simple: because everyone understands that they have the power to try this path. To start your own business you don’t need serious investment money, which generates public interest. However, distrust is in the blood of our compatriots; we are too accustomed to the fact that they are trying to deceive us from all sides. It’s hard to believe right away that such a simple and accessible method to everyone can be honest. And the reviews, it must be admitted, are very contradictory.

What do we see in practice? From the experience of many, we can say with confidence: it is possible to make money on options. To try your hand, you first need to choose a suitable broker. The services of some of them are provided for ridiculous money - about 10 dollars. The most famous exchanges do not differ too much in their threshold value - you can start trading with $20. Such earnings on binary options without investments can bring benefits on the very first day, and it is available to everyone.

Don't forget to study!

Learning, as they say, is light. If you try to learn binary options from scratch on your own, neglecting the training programs available to the general public, it is likely that you will fail, after which you will become convinced that this whole idea is nothing more than an attempt to extract money from honest people. This is where reviews come from, claiming that the entire system is just a deception.

Remember that trading provides ample opportunities to make money, but you need to know how to use them, and this is taught by masters of their craft who have already achieved success. How to master binary options? The way to earn money becomes clear if you read free courses, fortunately there are many of them. Many brokers offer a demo account, which costs nothing to open.

What is better: casino, Forex or options?

When playing in a casino, winning largely depends on skill and how well the player has mastered the system. With high skills, the profitability of the casino is higher than that of options. But there is back side medals: you need to learn this first, and here mastering will be much more difficult and will require more time and money.

As for Forex, the situation is similar: this system is very difficult to master. At the same time, remember: when playing on the stock exchange, you are constantly competing not only with other similar players, but also with brokers, although this is not so obvious, because it is on your failure that they make good money.

As for binary options, time becomes the factor that both attracts and leads to failure. It is indeed very difficult to make a correct forecast, especially when we are talking about serious amounts, you feel a burden of responsibility.

Forex and options: an example

There is no secret to making money on binary options as such. You just need to gain experience and master the exchange, gradually developing skills. Probably, if you already know Forex to a high level, you don't need options. Why? Below is a clear example.

Let's say there is bidding for shares of a certain company. You predict that the price will rise, and you also have an approximate idea of ​​how quickly this will happen. If you managed to guess the direction of the price change, when working with Forex you have already made a profit. With options, the case will work out when you also managed to guess the speed of the price change process.

How to earn?

If you study stories on the Internet, it becomes clear that a huge number of people are convinced that they are making tens or hundreds of thousands on binary options every day. How does this happen? Is this real? How can you make that kind of money by choosing binary options? Strategies for making money with a small deposit are interesting and attractive, but they do not answer the question.

It’s very simple: the more people a successful broker attracts to its platform, the greater its benefits will be. As long as you are one of the recruited newcomers, you should not expect significant profits. But when you turn into a market shark and you yourself can receive a percentage from all the winning and losing people who came to options through your efforts, you begin to receive big money.

How to spot deception?

Making money on binary options without investments attracts users of the World Wide Web like jam attracts flies. Of course, there were many who wanted to warm their hands on this. In some cases, the deception is immediately obvious, in others everything is disguised very carefully.

If you come to the landing page, it is almost immediately clear that there is no smell of honesty. The client always wins, and the further, the more money he is promised. Surprisingly, but true: to this day there are people who are sure that this is exactly how everything should be. As soon as they come to some business, a golden shower will fall on them. No matter how much you would like this, this does not happen in life.

The next level, closer to reality, is demo versions of accounts. Here the probability of winning is relatively close to real. But there is also a peculiarity: it rarely happens that the quotes shown in demo mode coincide with the real situation on the market. However, there is a certain logic in this, because the main objective demo versions - teach a beginner how to use the resource’s functions.

If you are trying to avoid dishonest dealers, choose reliable exchanges, and also realize that demo versions exist only to show opportunities, but not to actually earn money. You need to immediately understand that when working with real money, the situation will become stressful, and the complexity will increase significantly.

Important information

If you are interested in making money on binary options, reviews of successful dealers do not always bring real benefit. One of the most developed businesses that allows you to make money on options in a short time is the sale of winning strategies. Some smart businessmen offer video courses, books, and programs that will help a beginner “earn his first million on the first day.” Of course, in such courses about this type of activity such as making money on binary options, the reviews are positive. But should we believe them? Try to think critically.

An option is an instrument that has an exact price and a predetermined amount of profit. If pre-agreed conditions are met, the trader receives money. But don’t expect golden showers to rain down on you. Options are not Forex, but they are also quite a complex system, demanding to be delved into. And even if you study it inside and out, no one can guarantee your success.

How to start?

To get your first earnings from binary options, you need to start working on the stock exchange. This is not difficult to do, largely due to the minimum entry threshold. The trading mechanisms are also simple.

Step-by-step instruction:

1. Choose a broker by analyzing special ratings.
2. Create an account.
3. Analyze the offer. The broker offers to purchase an asset for a predetermined amount, and the player makes a forecast - whether this figure will increase or decrease over a strictly defined time period. If you succeed in guessing, making money on binary options is in your hands. Otherwise, the participant loses money.

The participant chooses the period for which the forecast is made based on his own preferences and considerations. You can bet for just a minute, or you can extend the bet even for a week.

How to improve efficiency?

As with any other earnings on the stock exchange, when trading options highest profit can be achieved if you think through the strategy. You can compose it yourself by analyzing the logic of the system, or you can use the options that have been developed by professionals. Many well-known strategies have been tested by players around the world who have already made their money on binary options.

A good option was called “Sprinter”. This strategy assumes that the participant starts with 100-200 dollars. Options should be purchased five minutes before trading closes. If statistics on an asset show that there has been a stable change in price for a long period of time, most likely the trend will continue for the last few minutes.

To achieve success using this logic of asset selection, you will have to analyze the different options offered for purchase. It is preferable to go with those that are known for their stability. And, of course, you shouldn’t buy earlier than five minutes before the end of sales.

Debunking Myths

It is believed that making money on binary options is attractive, but involves a lot of risk, since if you fail, there is a high probability of ending up “in debt like silk.” With logical thinking, the reasoning looks quite ridiculous, but people still believe in it. So, the rule of binary options trading is that it is simply impossible to lose more than your existing deposit.

The only way to end up in debt after losing on options is to borrow money in advance and then behave incorrectly on the stock exchange. Therefore, experienced people advise beginners to start with an amount that they can afford, and be prepared for the possibility of losing money rather than making money. It is quite possible that such a negative development of events will not happen, but from the very beginning you will not have to be nervous again.

Another myth claims that it is impossible to make money on binary options. It is important to understand here that this is not a blind chance or roulette, but a systematized process in which all changes are subject to the internal laws of the market. Therefore, when working, you really have to earn money - with your head, the ability to foresight, the ability to invent a working strategy.

Is it worth starting?

If you're interested in binary options and have some spare cash in your wallet to risk, it's definitely worth a try. But if you can only start with borrowed money, then it’s better to refrain from taking risks and not getting into debt.

Do not hurry. Don't run ahead of the locomotive and don't try to jump over your head. Invest in options only when you are sure that you understand the logic of how this system works. Use free sources of information on how to make money on options, study strategies, put them into practice and draw correct conclusions, and only then will success be yours.

Others compare options to the ability to swim. At first everything is simple, because you just go knee-deep into warm water, and the sun caresses you, everything seems simple and easy. But what awaits the swimmer? Swim over the dark and cold depths of the river, or even the sea. It’s the same with options - at first everything seems as simple as shelling pears, but behind this lies a powerful money-making machine that requires the ability to handle it. Just as you cannot cross a stormy river without learning to swim, you cannot invest significant funds in this system without skills in working with options.

Summing up

Earnings from binary options will go to those who understand that this is not gambling, but work. Here everything is determined not by random luck, but by the ability to predict the situation and the ability to use the tools developed for this. Analyze purchase statistics, build charts - this will help you clearly understand what is happening in the market, as well as see the current dependencies and cyclicalities.

Try to avoid risks. Proper management of your money does not allow for a high probability of loss. Under no circumstances place bets risking all or even half of your money. Time your trades so that you are prepared for several losses in a row.

The longer you analyze the market, study its mechanisms and features, the higher your chances of success. You can’t give in to excitement and “play with fate”; there’s a casino for that. Options require a cool head. Having mastered them professionally, you will be able to earn money where others remain in the red. Your ambitions, motivation and determination are the main help at the first stage.

Hello everyone!

If you are interested in a topic like binary options, it is clearly not out of boredom or because you have nothing to do, but because you want to MAKE GOOD money on it.

Well, very right choice, since BO trading really allows you to MAKE BIG MONEY - but you still need to learn all this.

The question of whether it is realistic to make money on binary options worries many people. Still would! The prospect of getting high and stable income sitting at the computer, she looks very attractive.

But often novice traders get burned, lose their money and come to the erroneous conclusion that options are a scam and a scam. The problem with such people is that they started work without preparation.

Almost anyone can make money from binaries, and it’s quite easy to do. But you need to make an effort, study the theory and avoid making basic mistakes.

So, make your first deposit of a large amount– this is fundamentally wrong. Even with serious and lengthy preparation, a person needs practice to understand in which cases he can win and in which he can lose.

If a beginner starts with $10 and loses it, he won’t be upset, because it’s just learning. If he starts with $500, then the loss will be significant.

You need to be smart with options!

What I'm talking about today:

How to prepare for work?

To really make money on binary options, you need to start small.

Simply breaking into the market and getting rich in 2 days is the method of gambling people. They almost never succeed. Perhaps someone will be lucky, but 99% of people driven by excitement will only suffer losses.

For binary options trading to be successful, you need a special mindset. It is with moral preparation, and not with registration on the broker’s website, that this work begins.

Let's make an analogy. A man gets a job as a carpenter, although he trained to be a surgeon. Will he be able to do anything without carpentry education? No. The maximum he can do is hammer in a couple of nails.

It's the same with options. Here you need to study before you start working. Fortunately, you can master this area in just a few weeks, and not in the 5-7 years that a surgeon needs to confidently begin operating practice.

People who call binaries a “scam” have either never tried to do this, or they got too carried away. They simply don't understand the importance of learning.

Successful traders also once knew nothing about the movement of currency pairs, the economic calendar and moving straight lines. They just set a goal and learned.

Based on this, the ORDER OF ACTIONS of the future trader should be as follows:

• Clear goal setting.

You need to not just get excited about the idea, but firmly decide that options are really needed. This is the only way to gain further motivation to do something.

• Studying specialized materials.

This stage may take more than a month if you read books and articles 3-4 hours a day. It’s no longer necessary, as a “porridge” forms in the head. If a person by nature perceives information better in practice, then he needs to study the theory for 3-5 days, no more.

• Watching videos.

Lessons, trainings, webinars - in general, any information in video format will be useful. But you need to watch the video only after reading books and articles, otherwise many terms will simply be incomprehensible.

If you follow this algorithm and do not skip any of the stages, then the answer to the question of whether you can make money on binary options will be in the affirmative.

If a person immediately makes a large deposit and tries to understand the binary system on the go, then he will lose. It's simple.

How to get started?

I agree with the expression: “A good start is already half the battle.” In my articles I pay special attention to how to start building a profitable business for yourself.

After the past preparatory stage it's time to get to work. Here, too, several stages can be distinguished, but they may not be sequential. With good preparation, all these steps can be implemented in a matter of days.

Choosing a broker

The MOST IMPORTANT thing is to choose a reliable broker who has a certificate and actually withdraws money.

To do this, you should read review articles from experienced traders - including my blog - and under no circumstances follow viral advertising. Bright and enticing phrases are a sure sign of scammers. An honest and reliable broker does not need such advertising.

I present to your attention a list that gives you an idea of ​​which binary options actually work:

• Olymp Trade.

The Cyprus broker has only been around for 4 years, but has already acquired an excellent reputation. It is one of the few that are regulated by the Center for Financial Markets, and this further increases the credibility. The interface is very convenient and friendly to beginners. An account can be opened from 350 rubles.

• Binarium.

A broker with whom you can trade from $9. Like Olymp Trade, it is regulated by the Center for Financial Markets. This broker is interesting because it is one of the few created in Russia. Here you can also trade with Russian assets. There is the possibility of withdrawing money 3 times a day.

• Utrader.

This is a broker with a deposit of $200. It was created in Latvia, but focuses mainly on Russian-speaking CIS countries. It is also regulated by the Center for Financial Markets, providing it with full legitimacy in Russia.

• IQ Option.

Despite the fact that this is one of the most popular brokers in Russia and the CIS, Lately The company is really disappointing.

Moreover, everything went wrong - the inconvenience of making a deposit of $10 or more, the inability to open an account in some currencies, unstable support, delays in withdrawing money. A limited number of ways to replenish your account and withdraw money from it. Very weak bonus programs.

• 24option.

This is a broker similar to IQ Option - just as “cloudy” and inconvenient, but with a deposit of $200 or more. You can also open a ruble account, but from 10,000 rubles. The site contains educational materials of little use, as well as its own indicators and charts, which have not proven themselves well.

• Binary.

This is a broker with a deposit starting from $5, but I would not advise young trading fans to come here. He has practically no adherents among professionals, since everyone knows that he was the one who scammed money. It's all about low income.

This list contains only a small part of the reliable brokers available in Russia. You can choose another one. But a person must be absolutely sure that in front of him is not a fraudster.

You need to be responsible when choosing a broker, studying reviews and pitfalls. When registering, you should read the user agreement.

I then list not only brokers that you can trust, but also those scoundrels that you need to stay away from. It's better to learn from other people's mistakes than from your own!

If you fall for a scammer’s bait, you will soon join the list of people who, when asked whether it is possible to make money on binary options, mistakenly answer “no.”

Selecting an asset type

In essence, you can make money on each of the options. Options on currency pairs such as euro/dollar and dollar/pound are especially popular.

But other types of assets also offer earning opportunities. Precious metals, oil, company shares, futures, indices - you can make money on all of this using binaries. The risks and accuracy of forecasts are different everywhere, but these differences are minimal.

Choosing the type of asset is based on personal preferences.

The only condition is that a novice trader should not choose more than 1-2 assets, and it is advisable that they be of the same type. For example, you can trade 2 currency pairs at the same time, but nothing more.

Trade for minimal money

Is it possible to win on binary options right away, without prior practice? Unless you're very lucky. Therefore, the training phase is very important!

The first deposit should not exceed $10-20. Money should be a mere trifle. It is impossible to practice and earn money at the same time. First - practice, then - real work with big money.

Remember the reliable brokers mentioned above? Not all of them have the option of a minimum deposit. But you always need to start with $10-20. This is an unspoken rule that should be followed.

Many brokers offer the opportunity to trade on a demo account. Virtual money, which cannot be withdrawn anywhere if you win, is, of course, good.

As a result, many people successfully trade on a demo account, but lose real money. And all because it is impossible to get real experience from “toy” trading.

What is needed for successful trading?

I’ll say right away: not everyone will be lucky enough to achieve success, because, in reality, it’s not a matter of luck at all. It doesn’t happen that a kid from the street comes in and starts making millions trading BO. You need to be prepared for this.

• Firstly, people who do not fully understand whether it is possible to make money on binary options should not enter this area. Their doubts will not allow them to succeed, even if they try to do everything right.
• Secondly, every trader, from beginner to professional, needs to follow the rules of successful trading.

The rules that every trader must follow are:

1. Economic calendar– our everything. During trading, you need to constantly monitor the news, because they have a huge impact on the asset market.
2. Indicators, signals and expert forecasts– not a panacea, but not a dummy either. To buy an option, you need reinsurance. You can predict the price movement yourself and play it safe with the opinion of an expert, or you can find out the indicator readings and play it safe with your own forecast. If you are in serious doubt, it is better not to buy the binary at all.
3. You only need to trade in optimal hours for your asset. It all depends on the assets you have chosen. As a rule, the optimal trading period for currency pairs is 4-5 hours during the day. More details about these time periods can be found in specialized literature.
4. You can't give in to emotions. If negative emotions or excitement interfere with sane thinking, then it is better to stop trading and return tomorrow. The same goes for losing streaks.

By following these rules, you will know for sure whether it is realistic to make money on options. Of course, you will have to go a long way to make binaries the main source of your income.

But you will probably succeed in getting your first money and understanding that there is no deception here (except for dishonest brokers, which you need to avoid).

Somehow I even envy newcomers, that is, those who are just beginning to discover the wonderful world of binary options trading - they have so many “wonderful discoveries” ahead of them!

Therefore, I will finally give you some USEFUL TIPS for those who are just starting their journey in the world of binaries:

• When registering on the broker's website provide real data.

Do not be afraid - a good broker does not care about your credit history, lack of temporary registration and other possible troubles. He just needs confirmation that he is working with a real person.

All the same, when withdrawing money, you will need a scan of your passport, so there is no need to hide anything during registration.

• Choose your top-up method carefully.

With most brokers you can make a deposit both with a plastic card and through online banking systems. But the point is that you can only withdraw money to the place where you deposited it. Therefore, use the method that is most convenient for you.

• Learn money management.

It is fundamental in the field of trading. For example, one of the principles of money management states that the rate should not exceed 5% of the deposit amount. If you don't follow this rule, you risk losing all your money.

• Don't trade without a strategy.

You need to choose and “test” a strategy during training trading with a minimum deposit. Thoughtless purchase of options is a sure way to losses. Actions within the framework of the strategy are the sure path to profit.

• Don’t “give” your deposit to expert forecasts and advisor applications.

Forecasts, signals, advisors and indicators are useful tools, which really help you earn money. But the trader must make the decision to buy an option himself.

If you click on the buy button just because the forecast says so, you won’t be able to earn much. You need to combine outside help and your own intelligence.

Of course, this is just basic information. To become a successful trader and make money, you need to study a lot more theoretical data. But in order not to give up at the very start, these tips will be very useful.

Follow them, and questions about whether it’s realistic to make money on binary options will disappear on their own.

You can make money on binary options almost every minute. It's much easier than it seems to a beginner. Already on the first day 100 dollars. Believe me, today there are no such generous conditions in any other form of online earnings. Moreover, anyone can try without any investment. If you are interested in learning how to make money on binary options, I suggest you familiarize yourself with the features of this method!

How to make money on binary options and what should you do?

Anyone can trade binary options - it's not difficult. You just need to watch the graph as it moves up and down. And it doesn’t matter at all how many points the quotes on this chart move. Since the main thing is to guess their future direction of movement: growth or fall. And that's all that's required of you. So we're just guessing where will he go this chart! To make a profit, it is enough for the quotes to move towards your bet (transaction) by at least 1 point.

In this case, you are guaranteed to receive about 90% of the investment amount. That is, if you made a deal of 100 USD, then in a minute (the transaction time can be adjusted manually) you will receive an income of 90 USD!!! I think this is really cool, it’s clear that you are taking risks, because you can’t always guess the right direction. But the amount possible earnings covers all possible risks.

A very important issue is trading strategy. With the help of a good strategy, binary options can be a very profitable activity for beginners. The point is that if you trade without a strategy, it will be more difficult for you to control your money and find best moments for bets.

In fact, predicting the direction of the chart's movement is not always easy. It moves in waves and if it is growing now, then in a second it can sharply turn back. Therefore, we monitor him closely if it's a long time coming growth, then fall is inevitable!

Thus, by fulfilling fairly simple conditions, you can make about 7 profitable bets out of 10. But this is a guarantee that your earnings on the Internet will grow!

Is it possible to make money on binary options and where to start?

Then, when you figure out what’s what, try trading on a demo account. All these conditions are on many sites, but I want to recommend the one I work on myself, because it has been verified by me and definitely pays money. There are also bonuses here that caught my attention.

We only need reliable and honest brokers. That's why I recommend the company Binomo.com Today they have one of the best trading platforms.

Why a beginner should choose Binomo:

• a training demo account on which you can practice - in the amount of $1000;
• minimum deposit for trade ( initial investment) Total 10 dollars;
• size of one transaction (minimum binomo bet) – 1 $;
• There are good training lessons on the company's website. They will help you figure out how to make money on binary options and where to start;
• withdrawal of funds from binomo is carried out different ways(including on webmoney). To do this, you need to indicate your e-wallet number and every week on Thursdays the money is credited to your account. The minimum withdrawal amount is only $10.

Every beginner has a question: is it a scam or not to make money with binomo? To confirm the reliability of this broker, I present a payment screen. This I made money on options. Not a lot of money, just $551, but it is clear that the site actually pays.

Agree, it’s nice to see such an amount on your balance sheet. And it’s even more pleasant to withdraw money from your card at an ATM near your home.

Why should a beginner choose Binomo?

In my opinion, today this is the best binary options broker in Russia. After all, no one has such trading conditions, judge for yourself:

• Every month there are competitions with cash prizes.
• You can trade from your mobile phone by installing the application.
• The minimum deposit is only $10 or 500 rubles.
• Bonuses when replenishing your account.
• Positive reviews about Binomo on the Internet, which is also very important when choosing a reliable company. Register for Binomo.

How much can you earn on binary options?

Anyone can make money trading binary options, but how much money can you expect? This question interests every novice trader. Of course, binary options for beginners, with minimal investments, will not be able to bring huge amounts of profit in the first months of trading. However, in one month it is possible to increase the initial capital by 50% -100%.

But you need to be realistic - if your investment is only $10, then by the end of the month this amount may increase to somewhere around $400-500. On the other hand, with persistent trading at a good trading strategy, the size of your account in just a month can become 2000-3000 thousand USD and more. And with such an amount in the account, you can expect good profitability.

Try making money on options. Start today with just $10 and increase this amount to $100 by evening. How to make money on binary options? Join our team!

“Do you think it is possible to make money trading binary options?” - a question many traders ask themselves, who have only recently entered the foreign exchange market. Perhaps they heard about him from social networks, or maybe some super-mega specialist recommended that they try a real method for obtaining big profits. It doesn’t matter how you found out about this income, but everyone is tormented by the question - Is it really possible to make good money on binary options? And if real, then in what way? Today we will try to find out!

In this article you will learn:

• I will give several arguments in favor of my position. I think they're pretty convincing.
• How can you earn money? I’ll tell you what you need to do before starting trading, how not to lose all your money, and give some advice to beginners.
• What can affect the profit of a binary options trader and how can you increase it.
• My earnings history. Here I will give real numbers and briefly tell you my experience.

There is not a single example in the trading world where traders first worked at a big minus, and then suddenly increased their capital several times. If you think that all successful Forex “speculators” immediately became such, then you are deeply mistaken. A lot of time and effort goes into gaining experience and knowledge. Even if you know the theory of trading, no one can save you from losses. But such risks are most often found in Forex, and on binary options, it seems to me, trading is much easier! Therefore, if you are a beginner, then your decision to make money on binary options is the right one! It’s easier, faster and the profit is higher here.

I would like to provide a screenshot of the site where I worked for a long time:

This is OlympTrade, where I once earned about 2-3 thousand rubles a day, spending a considerable amount of time. You can try it too!

I'll answer your question - Yes, it’s real to make money on binary options! But you ask me - “How to achieve this”? Let's speculate.

In fact, no matter what we do in the world, we need to make efforts everywhere. Nobody immediately becomes successful and rich anywhere💰. Even remember Steve Jobs, who pushed his product with all possible forces. Although he is no longer alive, Apple products occupy leading positions in sales all over the world! How to become a successful trader in the market? To do this, there are several rules that all competent specialists adhere to. As I said above, binary options are not forex. Here you can earn more with less investment and faster. On Forex, your profit depends on how much the quote has changed since the start of your trade, but on binary options you only need predict, where the quote will end up after a certain amount of time. It can be a minute, or 5 minutes, or 1 hour, or 1 day.

It’s more realistic to make money on binary options than on Forex. I know people, and I myself am one of those people, when you read books, learn, but forex doesn’t work. Well, no way! Simple withdrawal of deposit without profit. And on binary ones, easily 2-3 thousand rubles in profit came out in a couple of hours of work. Despite this, there are people (not very many of them) who have considerable income on Forex. I don’t want to speak badly about Forex, but it’s easier to lose a deposit there. And it’s not advisable to go there for 1000 rubles. With binary options, you can start with small amounts. For example, 350 rubles is already enough to make small transactions of 30 rubles. This is what attracts most people, since this type of income does not require large investments. When placing a bet of 30 rubles, we have the same risks as if we were making a bet of 1000 rubles. It’s just that some people have the opportunity to start with large sums, while others don’t.

How to make money on binary options?

• • Study, study and study again (V.I. Lenin). No Autobot, 10-minute video on YouTube and a short review on VKontakte will lead you to success, believe me. To get started, you need to know how the market works and how the entire binary options system works. When this service first began to develop, it was poorly studied and, for obvious reasons, was absent educational material in this area. Options are gaining popularity every year. Nowadays there is a huge amount on the Internet training courses on making money on binary options. Moreover, some brokers conduct specialwebinars, courses, textbooks 📗 for its users. At webinars, you can not only gain someone’s experience, but also ask questions that interest you. This is so convenient, especially since no investment is needed - most often such training programs are provided for free. The textbooks contain various strategies that cannot be ignored. It is very important that such courses educate you specifically in the field of binary options.Don't confuse this with Forex , since there are completely different strategies for trading, more complex. If you have a desire to deal only with binary options, it is better not to delve into trading on the stock market, but to become a specialist in your chosen field.

• Demo account. Many brokers have an account feature where the money is virtual, but you can trade in real time. There are several advantages to such trading. Firstly, for your first trading experience, you no investment required. Especially for beginners, investments play a huge role in starting trading activities. Naturally than less investment required, the more people will try it (you can challenge it😁). But here you won’t need a penny. By the way, some brokers hold free tournaments WITHOUT investments, but with real winning (who will make the most money trading with 100 virtual rubles). Secondly, you will be able to study the strategy you have chosen and bring it to mastery, making your own adjustments to trading. Each strategy can lead you to success, but to understand all its intricacies, it is better to start studying it on a demo account. This big step to big earnings already on a real binary options account. Test any strategy you choose. Believe me, there are plenty of them 😉
• Working on a real account. The main problem of a demo account is that people do not feel trading and do not take money seriously. This slows down development. Don't rush to make a lot of money at once. Usually, such people lose everything right away! There are never big profits at first. Another piece of advice: don’t switch from a demo account to a real one. without stable balance growth, mastery in the chosen strategy and knowledge in options trading. You can really make money on binary options only if you follow these three points. Otherwise, you will quickly lose your deposit. Start with a small investment— 350-500-1000 rubles. Depending on the amount of transactions you will work with.

Having completed all of the above, you will be able to earn income on binary options from several hundred to tens of thousands of rubles!

Below is located chart of some currency pair. We see rectangles of different colors. What do they mean? It's simple. Each rectangle shows how the exchange rate has changed over time. For example, in 1 minute, in 1 hour, in 1 day. If the rate was rising, the color will be green, if it was falling, it will be red. These rectangles look like candles, which is why they are called “Japanese candles”. With their help it is easier to track the trend.

Usually after a series of red candles there is a red one, after a series of green ones there is a green one. At some points, between a series of red ones there is one green one. This is a small pullback. The exchange rate tends to stabilize and return to its previous value. This is also called correction. This material is important if you want to really make money on binary options. I brought it here only to make it easier for my dear readers to understand trading on the market.

And now the most delicious part💲.

How much can you earn on binary options?

It all depends on some factors. The most important thing is which broker you chose and which one asset return he offers you. There are sites that promise 92% of the profit from the transaction, while others promise only 70%. It also depends on the selected asset. Usually the more volatile(greater volatility) asset, the greater the profit. If the currency pair does not show any activity (trading is closed, for example), then the profitability will automatically be reduced. Brokers do this on purpose so as not to leave themselves in the red, because during the period closed market It is much easier to make successful trades on binary options. The rate changes slightly and usually in one direction for the entire period until trading opens.

Another factor that influences the amount of money you can earn is your deposit. The more funds are in active trading, the more profit you get. It is logical that you will get more profit from 100 dollars than from 10 dollars. But this does not mean that you need to bet a lot of money. Only professionals in their field or... naive beginners work with large amounts of money😄.

We are gradually approaching the conclusion - the last factor influencing the amount of income, percentage of successful transactions. It is clear that if there are more losing trades than profitable ones, then such trading will sooner or later reduce your balance to zero. In other words, you will gradually lose your entire deposit, but do you need it? If the percentage of losing trades exceeds the percentage of profitable ones, then look for the reasons for such trading. The trader analyzes each trade . If he wins, what emotions does he experience, what strategy did he use, why, in his opinion, did the deal work out. If the loss is again emotions during the transaction, why did the strategy not work and the bet turned out to be unprofitable. This may seem crazy, but that's what they do successful people. Otherwise, you won’t be able to make money on binary options! To increase the rate of successful transactions, they will do anything. The most important - look for errors and correct them. Perhaps their strategy is unsuccessful and impractical in the current conditions. Or maybe it’s all about the trader, his behavior and attitude. Human psychology also plays a big role.

By the way, I plan to write a long article about binary options trading strategies . It's a lot of work, but I think it will be useful for many beginners👍. We will also look at some brokers in more detail, find out their pros and cons, and decide for ourselves where it is better to trade.

Where can you make real money on binary options?

Before starting work, I recommend that you thoroughly study the binary options broker. The most popular of them are Binomo and Olymp Trade. They differ in that they provide the opportunity to start trading with a small initial capital. For example, you can earn money on Olymp Trade with 350 rubles, and on Binomo with 10 dollars. Also, the bets there are very small - 30 rubles and 1 dollar. This threshold does not exist for all brokers. For example, there are binary options brokers where the initial deposit is 50-100 dollars, and the minimum bets are about 10 dollars. There are risks of losing more money, which discourages users. Therefore, it’s better to start with the proven Olymp Trade and Binomo. Earnings, preferably withdraw in small portions. For example, 2-3 thousand rubles. They usually arrive during business hours. I do not recommend withdrawing large amounts of 10-20 thousand rubles at once, as problems with verification may arise. We will look at this in a separate article.

My experience

One of the first brokers where I was lucky to work - OlympTrade. I think you've heard of him too. Then he was at the very beginning of his work. Now it is one of the most popular binary options brokers in the CIS and is actively promoting abroad. Its main advantage is that anyone can register there, you can start trading with minimum investment — 350 rubles, and the deal can be concluded from 30 rubles. Also a large number of currency pairs makes this broker a leader in its field. There are also bonuses (promotional codes) that increase your balance when replenishing:

If I tell you how many times I raised money here and lost money, it would take several hours. Let me say briefly that on Olympus in better days I managed to actually make money up to 5-6 thousand rubles of income per day. And I lost the entire deposit more than once. Now my main job is this site. Therefore, I trade binary options only occasionally, when I have time. Why did I switch to running my own blog? Trading is nerve-wracking, health, instability of income, possibility of jackpot. Some people get a kick out of this, but I decided to step away from this business and do what I truly enjoy.

I also tried the binary options broker Binomo, where I made good money with the help of no investment at all. But I also traded a little on a real account using the crypto index quote.

I just want to wish you success in trading! Never give up to achieve your cherished goal!

Greetings, dear readers of the Sokolov economic blog! I've been making money online for many years, so I can answer any questions you have! I'm also good at banking sector and I can advise. Remember, to avoid spam, all comments under articles are verified. So don't be alarmed if you don't see your comment after you submit it!