Welcome To Options Trading
There isn’t any way to get around the fact that successful trading involves properly analyzing the probabilities of a winning trade; put the probabilities of success on your side and you soon realize what true freedom really means.
Binary options are straight trade bets with the house/bank. I don’t particularly like making comparisons between trading and gambling, but in this case there is a certain logic where there are parallels.
You can spend all the time and effort you want gambling in Las Vegas, or any other destination, and you will not win over time. The reason is obvious: you can’t change the negative mathematical expectations each time you wager.
While trading does not have fixed mathematical probabilities, it does have history, and trillions are traded based on mathematical analysis. So, how do we find these patterns and take advantage of them?
It’s not my intent to get into the details here, as I address this in my soon released binary options trading manual. But, I want to focus your immediate attention on a key important concept: find the time frames where probability of success can be determined and place your bets.
Hope Is Not An Investment Strategy
To many of you are undisciplined and impatient in your trades; you want millions NOW. Unfortunately, the trading Gods don’t bless those with abundant amounts of stupidity. Your trades have to be small to modest, understanding that the math will ultimately give you what you want.
Ohhhhhhh, I know you’re out there! There are literally gazillions of you who fall into the camp of under-capitalized and inexperienced. How do you “make it”?
In the weeks ahead, I’m going to show you. Stay tuned.
Have a good day everyone.