One of my ongoing quests in life, is to find the scams that are losing traders and investors all their money.
At least once a week, I Google this exact phrase.
“How to get rich quick with trading?"
You'll be surprised at the number of unregistered companies and individuals there are, trying to swindle people's hard earned money.
But the scam I want to talk to you about today is the B... ››› more
I receive scores of questions from investors every week. But out of all of them there's one that I think you have to look at:
“Hi Francois, I'm retiring in a month and I want to invest some money in Binary Options. Is it worth it? I don't have any knowledge of it at all.”
What are binary options?
A binary option is a kind of option where you put down money to make a fixed return if... ››› more
First thing in the morning, you grab a coffee and open the newspaper. You scan through the headlines to see what's going on in the world. And then you decide to look at the classified section. In your mind you have that idea. One day there'll be a profit opportunity for you to make a side income from doing what you love. There is one tiny advert saying: Forex Trader wanted: Bank R100,000 a month t... ››› more
Binary trading involves speculating on whether an event is going to happen or not. For example, if a stock market index will end the day higher or lower than the previous day.
Unlike other forms of trading, how far the market moves doesn't determine your profits and losses. With binary trading it all comes down to whether a specific event happens or not.
So is binary trading for you? And whe... ››› more
When you spread trade in the traditional way, the underlying movements of the prices of shares and other assets determine how big your profits and losses are.
With binary trading, it works a bit differently.
So what is binary trading? And how does it work?
Read on to find out…
What is binary trading?
With binary trading, you speculate on whether or not a given event is going to... ››› more
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