My Binary Options Journey | $128 USD TO $5.000 USD

[mecawi]

Hello,

So, i m a full time trader in IQ options ( broker) and all my money come from binary options and i decide to make this challenge to motivate myself and others to push them self at the limits,

There is no easy money, its all hard work. so lets go!

For those who dont know what Binary Options here goes a short description that can be found on wikipedia: A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all.The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options.

I use forex graphs to make a prevision if the price will be up or down. if i win i get around 75% to 90% depends on how much the broker the payout is.

I will be recording my daily operations on youtube and update this thread daily too, i hope i can share as much information about how i trade and how i bring money to home.

I just finish my session and the results are:

Time Session: around 1 hour

Day one: started with 128 USD

Finish day one 160,02 USD

This is 32,02 USD increase and 25% profit, Those numbers are perfectly high.

Watch the video: 1 hour video speed to 5 minutes.

Hope you guys enjoy!

 

[HallLiz]

Dollars(dot)cents $32.02 correct
Not dollars (comma) cents $32,02 wrong

Comma is for thousands $32,000.02

Good luck!

 

[thepioneerslife]

What platform are you using?

 

[mecawi]

What platform are you using?

iq option

 

[ajay88]

i heard these kind of things are "the house always wins" type of investment

how do the brokers make there money?

 

[MarketDomino]

Very good job! I have a couple questions though..

What time-frame are you working with?

What kind of strategies are you generally using? Like SMA/EMA, RSI, Bollinger, Volumes maybe a mix of all? Any resources you would recommend for binary options that helped you? I'm sure a lot of guys would be very interested

 

[_Bryan_]

i heard these kind of things are "the house always wins" type of investment

how do the brokers make there money?

I call it gambling for intellectuals.

Brokers create shady offshore subsidiaries to circulate the money of clients which they've obtained utilizing every way possible in the book. The platform might lag, those "free" signals you get might just fail you, that representative from the broker that's "advising" you how to invest? DING DING DING! He's losing your money for a commission.

So make sure you do some research before depositing large amounts blindly.

 

[ajay88]

but can you actually make money from it?

and does the platform, use real world data from the stock exchange? if i checked the stock exchange right now, and compared with the platform data will it match?

 

[mecawi]

i heard these kind of things are "the house always wins" type of investment

how do the brokers make there money?

The brokers make money when people start gambling.. and trust me, even a experienced trader can lose some money if they dont have dicipline ( sorry for bad english)

 

[mecawi]

Very good job! I have a couple questions though..

What time-frame are you working with?

What kind of strategies are you generally using? Like SMA/EMA, RSI, Bollinger, Volumes maybe a mix of all? Any resources you would recommend for binary options that helped you? I'm sure a lot of guys would be very interested

For this challenge i will be using 1 minute time frame, as u can see in the video, in normal trades i use 15 min, 30 min, 1 hour and 4 hour time frame.

I use my own strategy that i developed across time and learning from my mistakes. about "Like SMA/EMA, RSI, Bollinger" i dont use any indicator, as u can see in the video. I recommend youtube for beginners, there is a lot of good informarmation there, also there is a lot of bad info too, just skip the quick money guide, there is no quick money here, but there is quick losing money. so , study, study and study more.

 

[mecawi]

but can you actually make money from it?

and does the platform, use real world data from the stock exchange? if i checked the stock exchange right now, and compared with the platform data will it match?

yes absolutly, i started making money here in 2014, so there is money to be made.

yes the broker use real time data, the graph is prety much the same, except from weekends that the market is closed, but they have a "virtual" stock exchange market called OTC.

 

[mecawi]

I call it gambling for intellectuals.

Brokers create shady offshore subsidiaries to circulate the money of clients which they've obtained utilizing every way possible in the book. The platform might lag, those "free" signals you get might just fail you, that representative from the broker that's "advising" you how to invest? DING DING DING! He's losing your money for a commission.

So make sure you do some research before depositing large amounts blindly.

Binary option is different from forex while u buy dolar low and sell when the price rises, in binary option u will "bet" in a determined time frame, if the price will go up or down.

 

[iamddr]

Im a forex only old fashion guy..

 

[mecawi]

Im a forex only old fashion guy..

Your chances to be a milionaire is bigger then me! haha forex make way more money

 

[ProfitAdvisor]

Sorry can i ask if you can cashout? Cause some times ago i read that iqoption required to do x100 what you invest before to cashout. Is that real or im saying something wrong?

 

[mecawi]

Sorry can i ask if you can cashout? Cause some times ago i read that iqoption required to do x100 what you invest before to cashout. Is that real or im saying something wrong?

Nah, that is not true, you can cashout to neteller any time, money will be in your account in minutes.

 

[John Waller]

Best of luck for this!

 

[mecawi]

UPDATE:

Day Two:

Started day two with $160.02 USD

Ended With: $188.90 USD

Profit: $28.88 USD

18% Profit - Sweet

Total Session Time : 40 minutes

Video Session:

Thanks for Following

 

[ProfitAdvisor]

Nah, that is not true, you can cashout to neteller any time, money will be in your account in minutes.

You cant cashout with paypal? btw good luck for your journey and very interesting thread

 

[55trillion]

Hello,

So, i m a full time trader in IQ options ( broker) and all my money come from binary options and i decide to make this challenge to motivate myself and others to push them self at the limits,

There is no easy money, its all hard work. so lets go!

For those who dont know what Binary Options here goes a short description that can be found on wikipedia: A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all.The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options.

I use forex graphs to make a prevision if the price will be up or down. if i win i get around 75% to 90% depends on how much the broker the payout is.

I will be recording my daily operations on youtube and update this thread daily too, i hope i can share as much information about how i trade and how i bring money to home.

I just finish my session and the results are:

Time Session: around 1 hour

Day one: started with 128 USD

Finish day one 160,02 USD

This is 32,02 USD increase and 25% profit, Those numbers are perfectly high.

Watch the video: 1 hour video speed to 5 minutes.

Hope you guys enjoy!

Good luck mate