Binary Options Trading for Beginners

29/04/2023 16 min

Listen "Binary Options Trading for Beginners"

Episode Synopsis

Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Signup now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/tPCKuc4YOfI.

Binary options trading is especially popular these days, and many would-be traders are looking for a binary options trading strategy for beginners. The first part of a successful strategy is making sure you’re not falling prey to the thousands of binary options scams out there, many of which have been challenged by the SEC which has gone out of its way to warn investors about the dangers of binary options. The first question you need to ask - is the binary options broker I am using legitimate? The answer is easy. Only three brokers are approved to be offering binary options to investors. We cover which brokers those are. If someone is trying to get you to put money on a binary options platform that's not one of these three, run away fast. There are countless examples of people losing money on binary option scams, so why take any chances? As for the best binary options strategy, only put in the amount of money that it will take for you to be sufficiently convinced that gambling money on binary options isn't leading to wealth. The house has the edge, and you will always end up a loser. If you're looking for some mythical binary options robot to save the day, that ain't happening either luv. Save yourself the time and learn how to be an investor, not a speculator.