Is trading binary options a good way to earn money?
To start, let’s be clear: you can make money binary options trading. It’s definitely possible to generate a consistent profit. Smart traders do it every day, executing binaries in everything from oil and gold to stocks and currency pairs.I’ll give you a few tips to get you started. By following these you can start earning money by trading:Learn how to read candlestick chartsStudy the past price activity of your chosen underlying assets.Watch and follow pricing trends.Don’t bet your mortgage payment.Get some experience before risking a sizable piece of your cash flow.Types Of People Trade Binary OptionsTry to identify the category that best describes you.The first is The Gambler. This individual approaches binary options trading in the same way he approaches a roulette wheel. To him, whether he profits or not is based entirely on chance (e.g. red versus black). Hence, he doesn’t look at candlestick charts, pays no attention to pivot points, and couldn’t care less about Fibonacci retracements.In the second category we find The Investor. This individual looks at trading binaries as a method to “juice up” the return on his investment portfolio. If someone were to ask him about the things he invests in, he might respond, “IBM, Google, muni bonds, and some binary options trading.” Investors often fail to realize the high degree of risk they assume as they chase the high returns advertised by binary options brokers.The third category is made up of traders who are realistic. These folks typically have experience, and are well aware of the risks associated with trading binaries. They also know that having a keen grasp of the assets that underlie the options, and a familiarity with certain aspects of technical analysis, gives them an edge. And with that edge, they know they can consistently make money trading binary options.Beware of scam binary option brokersFor more information on how to earn good money on Trading binary go to ���…. Get Your Money Back From Binary Options Scams
Can I make money from trading options?
No, you can't.If you have to come to quora and ask strangers to opine on that question, I presume you're some one completely new to equity markets.You would have heard examples of how one made 10 lakhs from an investment of 10k in couple of days. That is what attracts most newbies to markets as options traders.They never tell you that for every penny someone makes in the market, someone else has to lose the exact same amount (and plus the brokerage and taxes). It is a zero sum game afterall. You can make money every now and then on, but in the long run, you're bound to blow your trading account.When it comes to options trading, you're competing against the big fishes in the ocean, the blue whales (option selling/writing is usually their bread and butter). To succeed, You need to have a strong understanding of the bigger game, trading psychology, a strategy with decent success rate, risk management and above all, sound understanding of the numbers (including and not limited to options Greeks). Unless you've put in enough efforts and hours training yourself to be better than the average joe, you do not stand a chance. Period.Most of the people I know, trade basis stock tips that finds its way to them. People enjoy speculating with the tips after managing to convince themselves that they have somehow gotten access to insider information. It's no less addictive than gambling.They keep bleeding, on and off, big and small, for days and months, and keep hoping against the odds. And eventually, hang their boots, one day, cursing the operators and the market.Greed and quick money is what brings people to options trading. Too much reliance on telegram channels, hear-says and borrowed conviction is what blows them out.Unless you have a proven track record of success in equities market (swing and intraday) spanning atleast a consistent couple of years, and the requisite risk appetite (financially and emotionally), stay away from options trading.Cheers!
How do I earn big money in future and option trading?
Earning Big Money:Can Rs. 1,00,000 become Rs. 9,00,000 in one day through option trading?This question was asked by my brother-in-law on December 25, 2015.The reason for his question:He had received a SMS from a tipping service on 24-12-2015 which was something like this:“WE ADVISED BUY RELINFRA 500 DEC31 CALL @ Rs. 0.90 on 23-12-2015. SELL PRICE on 24-12-2015 Rs. 9.00.ONE LAKH INVESTED BECOMES NINE LAKHS in ONE DAY.”I am not discussing the authenticity of the tipster. People receive such messages all the time and mostly ignore them.The movement is best captured in the screenshot below:The RELINFRA 500 CALL moved from a low of Rs. 0.65 to Rs. 8.95 on December 24 and closed at Rs. 43.25 on December 31, the contract expiry day.Rs. 1,00,000 could actually become Rs. 43,25,000 if one had taken the trade and waited till expiry.So Rs.0.90 invested on 23-12-2015 could become Rs. 43.25 on 31-12-2015 in just 6 trading days. Rs. 1,00,000 not only became 9,00,000 but went on to become 43,25,000 if someone actually bought the call and kept for 6 days.Most of the experts would tell you that such things happen once in a while and we should actually avoid such trades. Sometimes the experts may be right but 4200% is not something to be avoided. One such trade would cover many loss making trades, not that we intend to take many losing trades.We understand that BUYING an option can give LIMITED LOSS and UNLIMITED PROFIT. This was an example of unlimited profit the market could give you. The true example.But most people would have bought for Rs. 1.00 and sold for Rs. 3 or max 5. Some lazy traders who might not have bothered on 23 December would have been surprised happily on 24 December and gladly sold for Rs. 8 or 9. Good trade. End of story.And missed the opportunity of the year. After all how much you could lose. Your investment of Rs. 1.00 per share at the most.Why we miss such chances?Fear sets in and controls our action. To manage the fear and the trade, we need support. from someone who has been in such situations. We should talk to our friends in trading and find out their solution.To Summarize:Rs. 1 lakh to 9 lakhs is possible.Rs. 1 lakh to 43 lakh is also possible.It will not be possible every month. It will not be possible to locate such trades so easily. There will be about 4 loss making trades for one big kill. But the pleasure of big win far outweighs the small losses.I hope this answers your question to some extent.Happy trading and may you get your big gains.
How to make money with binary options trading?
Trading binary options is a simple thing due to its binary characteristic. But making money consistently using this new kind of financial trading is another thing. That's if you don't want to trade like gamblers. Do you trade binary options? Do you have some kind of strategy or system that guarantee winning?
Can you really make money trading options?
I'm beginner in investing and I want to know if it is at all possible to make money from trading options. It looks quite complicated but my broker told me options can provide unlimited return with limited risks. Any of you made any money from options? Any sites or books you recommend?
Is stock trading a good option for students wanting to earn part time income?
Sure it is, just make sure you have the required skills before you take a plunge into stock market.When i was in college pursuing B.Tech i had a friend who used to trade a lot in stock market and guess what he made more money than what he paid as fee/other expenses while graduating from the college. There is nothing that one cannot do, all one needs is a good approach to do what one wishes to do.For investing, broadly speaking, there are two ways of recognising good stocks. These are Fundamental Analysis and Technical Analysis. Select the one you are comfortable with and learn the art of investing/trading through that method. Do not enter the market or invest in stocks on the recommendations of others. You will only loose money then.Go through some good books on Fundamental/Technical Analysis(you can find many on e-commerce website). Once you do that start practising on virtual stock market games like the one on dalal street website(Share/Stock Market Tips, Indian Stock Market News, BSE/NSE, Trading Tips). Once you are comfortable/confident with your skills start investing/trading in live stock market.PS: There is no short cut to making money, you will have to put in efforts to learn the art of investing.Useful linksBuy How to Make Money Trading with Charts Book Online at Low Prices in IndiaBuy The Intelligent Investor Revised Edition. - : The Definitive Book on Value Investing (Collins Business Essentials) Book Online at Low Prices in India | The Intelligent Investor Revised Edition. - : The Definitive Book on Value Investing (Collins Business Essentials) Reviews & Ratings - Amazon.inBuy Guide To Technical Analysis & Candlesticks Book Online at Low Prices in India
Day trading SPY options: How can I do this better? (Long question)?
Regarding filling at the mid, on SPY I could live with this. The options on SPY move enough intraday that even if every buy order filled at the ask and and sold at the bid I'd still make money because I am looking for moves of .15 on options that can move .30 or more in a short time. I've gotten good enough at picking the trend direction that I will buy options that are 3 or 4 points ITM. This gets me my .15 or more move with only a small move in the price of SPY.