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HOW TO MAKE MONEY WITH BINARY OPTIONS

4/12/2016

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HOW TO MAKE MONEY WITH BINARY OPTIONS. From: DavidStilesBlog.com

This article is about how to make money with Binary Options. It really is a "Get rich quick" way to make money. I've gotten into it and indeed you can make money quick. You have to pay attention to the stock market and either guess which way a certain stock is going to move in the next 30 - 60 seconds or use a program that does it for you (an algorithm program). Some play with the Forex (foreign exchange) and whether a certain currency will go up or down, but I found that too complicated. The easy money is just picking a stock and guessing whether it will go up in value or down. If you do it smart, it's NOT like flipping a coin odds, which are 50/50, heads/tails, stock up or down. I increase my odds by listening, more on that later.

What are Binary Options? Binary Options are limited risk contracts based on a simple yes/no market proposition like will the markets go up by the end of the trading week or a certain stock in a short timeframe, usually 30 - 60 seconds. On some sites you'll see the "UP" position being named a "CALL" and the "DOWN" position named as a "PUT". They usually also have an arrow showing up and down as well so that you won't get confused. They don't call it "betting" but you really are just betting that a stock goes up or down, just like a horse race to place or win.

How does the company make money that run these type of programs, ie Binary Options? Just like a casino, they make their money on the losers. You want to be informed and NOT be one of them! You've taken a step in the right direction by reading this article.

Here are some of the important KEY POINTS that you'll want to pay attention to:

LISTENING: What I use to make money on Binary Options to give me an edge, is to watch the market reports on TV, internet and newspaper. Say on Sunday you see a story about Apple selling 164,000 Iphones in China over the weekend for their newest phone. On Monday at the stock market regular time opening, (you can't do this after hours), I start betting BIG on CALLS (UP), but only AFTER 15 minutes of watching the stock, just in case some other crappy news came out that I missed and the Apple stock starts selling off (PUT's). Then I would change my strategy and start making PUTS that the stock will go down in price. I like to play some of the bigger companies stock because I've found them more predictable. Also another favorite is medical stocks/drug companies. If you hear the FDA just approved some new drug that a certain company makes, get on your options website and start betting the stock is going UP (CALL)! I've made the most of my money on these, but they happen less often than a Fortune 500 doing something good or bad. Don't forget to bet on the bad news as well with a PUT (DOWN).

DOUBLING DOWN: I use this method when a stock "misbehaved" and suddenly had a spike in the wrong direction from the earlier trading trend. Wait a few minutes to get the fluctuation out then double your normal bet to recoup your loss. If you're doing everything right, you should be "right" 70% of the time or more, meaning you're making money and not one of the losers. Losing too much? Do an evaluation of why you might be losing and correct it fast.

IT TAKES MONEY TO MAKE MONEY: Most of the sites (some recommended below) require you to start with at least $200 in your account to start Binary Options. Only put in the money you're willing to absolutely lose! Don't play with your rent money or your retirement! You can make little $5 bets and usually win $8.50 in return on your CALL or PUT. There are guys on the internet that claim they've made $20,000 in 1 month, but are a little shady on how much they started with (if they started with $18,000, that's not impressive at all). Take it slow, don't be "chomping at the bit" to make a million dollars by 30 days. Get your feet wet and see how it goes. I make money with Binary Options sites, but I don't "bet" anything too extreme and I don't obsess on it or spend all day. I like just throwing in a couple hundred a week, and so far it's paid off, I'm pretty careful and sure about my stock I choose to play on that day. This story isn't about how much I made and you can too, it's just a story about Binary Options and how it works. I don't want to encourage you too much as I'm not your average Joe when it comes to these types of things. I understand the "game" to the Nth degree and the stock I'm playing with.

ALGORITHMS: Some of the websites that you can sign up with have an algorithm program that "sees the future" by looking at how that stock has done in the past trades and tells you what it thinks it will do in some future time (30 - 60 seconds). Some do very well 70% and up and so can you if you need a crutch (no offense intended).

You can turn your initial $200 into thousands of dollars in a months' time-frame, just watch your losses and double-down when you need to to recoup any losses. It truly is "Get Rich Quick" way to make money, but you also can get "poor" quick if you're too eager and not paying attention. Maybe start with a site that has an algorithm program before you move onto your own process.

BELOW ARE SOME OF THE TOP WEBSITES FOR BINARY OPTIONS:

DREXEL CODE.

MILLIONAIRES BLUEPRINT.

PUSH MONEY APP.

COPY BUFFET (COPY WARREN BUFFET A GURU OF STOCKPICKING).

TRIANA SOFT.

MILLIONAIRES CLUB.

SAFE INCOME.

GOOGLE TRADER.

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