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Note from Kalen: Here’s an interesting perspective on trading binary options from a contributor. I’ve done it before and it can be a lot of fun. Enjoy!
Binary options are a relatively new investment vehicle. After all, retail binary options weren’t even available until pioneers in the industry, like anyoption, started to offer their services back in 2008. While binary options trading is relatively new, it has taken off like a rocket; and for good reason. This new trading vehicle opens the door to several new opportunities while combating some of the biggest issues associated with investing today. Here’s why I choose to invest in binary options and you may want to consider doing the same…
1. Binary Options Trading Is Fun
When you think of investing, the first thing that most likely comes to your mind is “What a pain!” The reality is that most people don’t find very much enjoyment in traditional investment vehicles. However, binary options are fast paced; adding an exciting edge to the idea of investing. As human beings, we all want excitement in our lives; and for me, binary options is a way to find that enjoyment.
2. Huge Returns
I’ve been investing since I was a child. As a matter of fact, I remember buying my first brick of silver with my dad after he taught me the meaning of a safe haven when I was 9 or 10 years old. With that said, I’ve invested using several different vehicles. Forex, stocks, bonds, precious metals… you name it and I’ve probably done it at least once. However, in many areas of investing, it’s hard to come across high level returns; and since I want to make money when I invest, this posed a major issue for me. However, when I found binary options, I finally found an investment that gives me the ability to earn incredibly large returns over a short period of time. For example, if a stock moves up by 3% over the course of a day, it’s considered to be momentous movement. However, in the world of binary options, returns average around 80%; and with trades that can be made in minutes, it’s hard to find anything else that compares to the earnings that can be made with binary options.
3. The Comfort In Knowing All Possible Outcomes
Binary options get their name from the amount of outcomes are possible. In any other investing atmosphere, there are an unlimited number of outcomes that could result from moves made. However, in the world of binary options, as the name would suggest, there are only two possible outcomes. Therefore, binary options traders know exactly how much money they can earn and exactly how much money they can lose before ever making a trade. This adds a new level of protection. After all, if you don’t know what is at risk, how is it even possible to adequately manage risk. If you don’t know what rewards may turn out to be, how is it possible to maximize your earnings potential. The simple fact is that in most forms of investing, there are so many variables that it can become a guessing game from time to time. However, in the world of binary options, there are few variables to worry about; leaving more time for you to focus on making the right trades and making money!
I’ve heard quite a few different opinions of the binary options industry but I can tell you from personal experience that binary options are one of the most rewarding investment vehicles available today. Not only has the industry taken quite a bit of the guess work out of investing and created some of the best returns an investment can yield, it’s turned the investing atmosphere into a fun one. However, if you shouldn’t just jump right into trading first it is important that you take the time to educate yourself about the ins and out of this type of trading. Ultimately, if you’re considering giving binary options a shot, there’s no reason you shouldn’t!