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This is about trading on the stock market

2007-06-18 01:45:29 · 6 answers · asked by Blessme 1 in Business & Finance Investing

6 answers

the one you invent yourself and understand completely is the best

everyone else's will very likely fail. this has to be so because they will sell it to everyone they can find (thousands or tens of thousands of want to be traders), thus flooding the market with people all trying to trade the same way and therefore squeezing out the profit.

**
Since every professional trader already knows this, I think it likely you've been pitched by one of these firms touting their system.

You'll do far better to discover the causes of trading success in general and skip paying for someone else's canned system.

I'm reminded that one of my trading gurus once commented in a public forum that he'd been fortunate enough to appear on the same program [some years ago] with one of the provably best traders in the world who was touting his systems. He asked this great trader why he was selling his secrets and got the following response:

(as best I remember it) ... "99% of the people paying to hear me today are only looking to feel good about having superior knowledge and won't actually trade anything ... of the remainder, 99% won't do as I tell them but will insist on 'improving' my methods -- AND will fail when they try. Thus, for every person who actually does what I suggest and becomes my competition, I add 99 others who will consistently lose money to me. PLUS, I get paid up front for these sessions."

Don't you think that's pretty heartless of the successful trader?


NOW, ask yourself if you understand WHY 99 of the 100 who actually do try trading won't be able to resist 'improving' the winning system? What is it that the successful professional trader knows that these amateurs do NOT know that is going to cost them their money?

**
The same person I've been learning from used to open his public seminars by commenting that 49 out of 50 new traders will leave the market within two years after having lost some, all, or more than all of their capital.

98% failure rate is pretty steep odds. And buying a system likely won't help, but may actually hurt.


GL

2007-06-18 02:04:02 · answer #1 · answered by Spock (rhp) 7 · 0 1

Here you will find a step by step guide which will hopefully give you a better and deeper insight into how it is possible for you to make money from Binary Options trading https://tr.im/BinaryOptionsStrategies

You will first need to know what exactly Binary Options trading is, whilst this may seem like common sense many people just have a vague idea of what is involved and the exact risks attached to any trade, so make sure you fully understand the difference for example between actually buying a fixed asset and trading in Binary Options as the two could not be more different.

Next you will need to become something of an investigative journalist when you start trading in Binary Options and by this we mean you need to have a nose for a news story that is going to have a dramatic effect on whatever it is you intend to trade, and one way for you to do this is to keep fully abreast of all the daily financial news stories as this is the only way you are going to be able to make an informed decision on the movement of any Binary Options you are trading.

2016-01-15 10:30:38 · answer #2 · answered by ? 3 · 0 0

Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/16635
It's probably the best way to learn how to win with binary option

2015-01-26 01:38:20 · answer #3 · answered by Anonymous · 0 0

Steve Primo, Connor, Dave Landry, David Williams, a Mr Patel from London

2015-02-14 09:56:22 · answer #4 · answered by Blessme 1 · 0 0

Trading⇢Software..
http://www.binaryrobox.com

2016-04-25 10:09:23 · answer #5 · answered by Саша Биковић 2 · 0 0

All of those systems are b.s. Learn to INVEST in the stock market and you may not lose all your money.

2007-06-18 01:56:27 · answer #6 · answered by Anonymous · 0 0

fedest.com, questions and answers