I thought I was jinxed – Binary Options

I have to admit; I suck at betting. I think that every man that I know, at some point of his life, won something, whether we talk about bingo, sports events, free holiday… I even don't win free lighters that are being dealt by girls who are representing some tobacco industry and that lighters are won by everyone.  I am not a smoker, but that doesn't matter, what matter is that I never won anything. And at some point, that started to irritate me. It irritated me so much that my friends, who are betting in their spare time, showed me online betting sites. Even then I did not win, and we played it safe. We played on some basketball game, and we put money for favorite to win, and they lost. Everything seemed that this is some jinx or a curse. But one of my friends did not give up and showed me another way to win some money. He showed me binary options and because of his persistence I finally had a chance to say – hey, I won something! And also because of his persistence, I will explain what binary options are all about.

Binary options are predictions of how the specified share, index or commodity will behave in a certain period. There is no risk that exists in the purchase of such assets – just forecast, whether the price will grow or fall. Binary options can give you a decent amount of money in a short period. Binary options have two potential results: correct and wrong prediction. As a trader, you decide how much you want to invest in an option because there is no fixed price for the option, but only a fixed return. Are you holding an opinion that the price of gold or currency pair EUR / USD will rose over the next 10-15 minutes? Invest in your opinion and earn money!!

Here is an example: Invest 100 dollars in one of the funds, for example, currency pair EUR / USD, 85 % yield. Determine whether the price will only go higher or lower at a given moment of your order placement. You must whether you will go with HIGH option or LOW option. Click on BUY and if you are right, you just earned 85 dollars. Binary options represent kind of a contract where you have possible risk along with the potential win. The way that binary options work, regarding the dealer, is that you to decide if a certain underlying asset (shares, commodities, currencies, etc.), over a certain period will grow or fall. You are betting your money on this announcement. We showed you how much money you will gain if you predict the outcome correctly. If the prediction is incorrect, you will lose some money in the forecast, but not the whole amount.

You can read more about binary options on wikipedia.

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