Penny Stock Investment – CEOs Suggestion and Alternatives

An acquaintance told me that he has a friend who made a fortune from Penny stock investment. This friend did it by riding some crazy penny stock rally and got a huge investment return.

That is how I got to know Penny stock investment. Penny stock is very attractive for a couple of reasons.

PENNY STOCK INVESTMENT: REASON ONE

The first reason why penny stock investment is attractive to a lot of new investors is that they are cheap.

For a new investor with couple thousand dollars, it is tough to make a decent return on stocks that you can’t pick up in volume. As of writing, you can get two shares of Alphabet with some change left to cover brokerage fees. This two shares of Google is not going to make you much money. If you are lucky, you will make enough to cover the brokerage fees.

So like any trade, a new investor naturally start to look at stocks that they can own sufficient amount with the capital that they have. A universal conclusion is that the more shares you can get the higher return potential.

With this finding, almost every new investor inevitably stumbles upon the penny stock market.

PENNY STOCK INVESTMENT: REASON TWO

The second reason why penny stock investment is appealing to new investors is that they have high yields. Some yielding more than 500% in one day! Imagine catching on that bandwagon.

Quick and high return will strike home for most new investors at this point.

PENNY STOCK INVESTMENT: EXPERIENCE

If you can agree with most of what I said above, then I feel confident sharing with you that me too. In the earlier days of my trading career, I had couple thousand dollars, read some internet articles, and bravely entered the Leonardo Dicaprio infested penny stock market.

I am not Leonardo Dicaprio. It didn’t take long for my what was suppose to be a 20k speedy return of assets turn into a worthless pile of digital junk.

So what happened? I did my research.  I was diligent enough to convince myself that it was a sound decision. Many other traders from multiple different forums seem to agree and thought it was a great investment.

The chart told a story of the bull, but that bull stopped shortly after my investment, and it plunged into oblivion with little resistance.

Many years later I suspect I was a victim of a pump and dump. I thought there’s no way I could be the victim, but I was wrong.

The Penny stock market is less strict in its listing requirements compares to the bigger stock exchange. Therefore it is easier for questionable companies and characters to participate.

I’m going to make it entirely clear that Penny stock investing is profitable and lucrative, just that you are most likely not the one making it.

If you are not Leonardo Dicaprio in Wolf of Wall Street, then you are the Lamb of wall street.

PENNY STOCK INVESTMENT: YOUR CALL

My suggestion is that stay away from Penny stocks. A good way to identify that you are not in the right market is to see if there are any reputable companies. If you don’t recognize any name, chances are you are in a less regulated market.

I think that investors must not discriminate. It is absurd to judge a property strictly by the neighborhood it’s in. There are great companies that are temporarily in the Penny stock market, and that is the best opportunity for you to get in.

If you apply constant value investing principles, you can find the right stock cheap. If you don’t know what is value investing,  then I recommend reading The Intelligent Investor by Benjamin Graham first.

After you read this book, you will be able to pick stocks better. However, I think you will not bother with penny stock investment anymore.

Not every company in the penny stock market is a bad company, but be diligent at businesses that are performing exceptionally well in a short period. A good indication of pump and dump.

PENNY STOCK INVESTMENT: SEARCH IN THE RIGHT PLACE

If your decision is to move forward with penny stock investment, then I recommend you be responsible for yourself and do a few things.

1. Call up the company you want to invest, talk to the CEO and ask yourself if you can trust this person with your money.

2. If you can, pay this company a visit in person. Check out their headquarter. Does it look like a functional company?

Visiting a company you want to invest is a reasonable thing to do for any investor. Warren Buffet does it all the time. If you are for whatever reason not allowed to visit, then they don’t deserve your money.

3. Find out what this company does, what do they produce, who do they sell it to, and what their client say about them. Call up their client and ask them openly of what they think about this company. Be open, tell them you are a potential investor, and you have doubts.

If you can’t find anyone that they do business with, or that their customer made you uncomfortable, then the both of them are most likely not worth of your time or money.

4. Always remember that the stock value of a company should reflect their actual value. A stock that is about to climb 500% in a day must be doing something spectacular. Find out what that is.

If you can’t find any information that justifies the rise, it is most likely a hoax.

5. Stay away from penny stock forums, or any stock forums if you ask me. It is one of the most toxic places for any sound investor to get tangled up. You won’t listen to street gossips why should you care about anything on a forum.

Always make decisions on your research and judgment. If the forum is such a good place for investors to get information then why are they not all filthy rich? Why are you on it is an even better question. You obviously are not a successful investor, considering that you are reading an article on penny stock investment.

6. Read books and not internet articles. If you want to become an investor, many good books will get you started on the right path and forge the right mental attitude.

7. Go to class, not those get rich quick trading seminars. Go to a college and drop in on economic classes. A comprehensive knowledge of the economy will help you make sound investment choices.

When it comes to researching on a stock, it is important to find information from the right places. I understand that when it comes to many penny stock companies, there is limited information on which you can base your assessment. To me, that is a good reason enough to stay away from a particular company.

Investing in a company stock is like a marriage. You won’t marry someone on a whim neither should you with a stock.

PENNY STOCK INVESTMENT: ALTERNATIVES

To find an alternative for penny stock investment, we must explore the things that attract in penny stocks.

1. Low capital requirement – As we discussed earlier, you don’t need a lot of money to start buying penny stocks.

2. High return – Penny stocks often promise lucrative returns.

3. Short term – Penny stock investment are not typical long-term investments. It is volatile in nature.

Understanding these key attributes, I would like to make a few alternative recommendations that I think is more beneficial for a new investor learning the trade, and potentially earn something from it.

These suggestions have their associated risk but overall a better environment than the penny stock market.

Option One: Value Investing

One alternative to penny stock investment is to research and review undervalued companies on the big stock exchange. Such as New York Exchange or Toronto Exchange.

During the oil crisis of last summer, many energy stocks plummet to near penny stock status. They have all since rebounded. If you got in at that time, you would have come out with a handsome return by now.

When it comes to investing in stocks, hindsight is always 20/20 and utterly useless. When the oil industry was tanking there were so much noise that prevents an investor from making sound decisions. Such is the case every day.

At one point or another, every investor asks themselves what kind of investors they want to be. The correct answer will always be value investing, but everyone gets there differently.

Option Two: Day Trading

If you are new to investing and you have limited start-up capital, you want to get a feel for how different investment works.
Day trading, for example, is a popular strategy for many traders. Day traders are swing traders or technical analysts. They understand the market and shares through chart and pattern analysis.
One thing to consider however is that you do require a bit more capital to day trade successfully. You need to be at least able to cover your brokerage fees.
Day trading requires sound knowledge in technical analysis. If you don’t even know the difference between a bar chart and Japanese Candlesticks, then you have some pre-requisite reading to go through.
Day trading is also risky, more so than value investing.

Option Three: Binary Options

The third option is something that I recommend for any future penny stock investors and day traders.
Binary Options is not new, although many promoters made it sound like a breakthrough trading platform. I’m not going to talk too much about that here, and I have written a discussion on Binary Options trading in this article.
All you need to know is that Binary brokers will allow you to buy or sell short-term. However, you do not buy or sell on the real market. Instead, you trade through the broker.
The benefit of this is that it allows you to make an investment on Google for example for a dollar, instead of $800 for the share.
You are participating in real markets at the real time, this form of options trading has a fixed investment return, anywhere from 60% to 100% depending on the firm and the asset.

Key Benefits of this Option:

1. You can start trading high rating assets in this option with as little as $20.
2. Practice day trading with demo accounts.
3. Plenty of high-quality tools and chart options to play with for free.
4. Trade stocks, Forex, and Commodities.
5. Real-time charts.

Types of Trading in this Option:

Short term Bull or Bear
This kind of trading is all about reading the pattern and making sound day trader judgment.

penny stock investment 03
Broker: Grand Capital
penny stock investment 04
Facebook stock on Iqoptions, a Binary Options Broker

Mid-term Target
This sort of trading is to judge whether an asset can reach a certain level in a given amount of time, and make the right calls in time.
I think these two types are good practices you can start when exploring Binary Options as an alternative to penny stock investment.

penny stock investment 02
An example of this trade from Nord FX, a Binary Options Broker.

PENNY STOCK INVESTMENT: FINAL WORDS

I hope you have discovered new knowledge with this article. Much of what I shared are knowledge from books and personal experience.
It is important to understand the underlying risk of any investment. Never invest with the money you don’t have and always drive sound decision through logical analysis and abundant research.

Thank you for reading, and If you think this article has value and worth sharing,  then please help me by liking or sharing it.

Online Day Trading Training with CandleSticks

Welcome to CEO’s online day trading training session! This article is to provide a practical and useful training regime that I use in my short trading adventures.

The high excitement and lucrative reward of day trading attract many traders into the speculative market. Every year new blood flocks into this euphoric frenzy with the dream of quick wealth and riches. The truth, however, is often far from the dream.

This article is not a guaranteed success training program. I do not believe such thing exist. Not when it comes to trading in the equity market. What I do believe are the results of hard work and practice.

On the other hand, this online day trading training program is entirely risk-free. There is no cost associated with this training program, all it requires is your desire to get better and the commitment to practice.

At the core of this training session is to spot and identify proven Japanese Candlesticks patterns. Japanese candlesticks are very accurate in predicting market reversals, which is why it is one of the most famous charts that day traders use.

From my experience, we are our worst enemy when it comes to day trading. Understanding the technical attributes is easy, cultivating that fortitude and resolve to execute on the knowledge against our intuition is the most challenging part. A key attribute to day trading success.

Online Day Trading Training: Focus

So this is not an educational post, I will most likely not teach your anything new. Instead, this online day trading training focuses on cultivating that resolve to act appropriately every time you see a signal. Going against your intuition regardless of the situation is the key objective of this training.

The reason why we train this way is to replace our unproven, untested, and most of the time inaccurate intuition for proven, tested, and more accurate pattern recognition.

In this training session, you will memorize several proven Japanese Candlesticks patterns and apply the right action every time you see it. You do not analyze the trend or the momentum, all you do is follow an asset and wait for a pattern to appear and act on it without hesitation or uncertainty.

Tools to use

There is no point to practice on simulations. The market is always changing, what you see on a simulation may never appear again. So to train properly, you must train on real and live markets.

There is also no point to train on delayed market reports, what already happened does not concern a day trader. What is important is what is going on now.

Hindsight is always 20/20, especially in day trading, but it is incredibly useless.

So what you need to do is to practice on the real market through real brokers with fake money. Ideally, you should always use real money, because that added risk factor will put your resolve and fortitude to the test.

For all the intended purposes of this online day trading training program, I recommend you use the fake money first. Gain that confidence and fortitude as a day trader, and when you feel satisfied with your performance, graduate yourself.

There are a few options to do this, and I will go over them quickly. I recommend you stick with one that works for you but play around. Different brokers offer different asset, depends on what asset you want to trade in the future it may be a good idea to find it from the start.

Online Day Trading Training Broker #1

Step One:
First Open a demo account with Iqoptions, A Binary Options broker.

You should see something like this:

online day trading training 01
All they need is an email address to get you set up

Iqoptions is great because they offer a broad range of assets such as stocks, Forex, and Commodities. They don’t need anything other than your email address to get set up.

Once you are ready, explore a little bit or get started with practicing.

Step Two:

Pick an asset to trade: I picked Forex EU/USD, since its midnight this is on the OTC market. Stocks are closed at this time too. For our purpose, it does not matter.

The next thing you need to do is to turn on Candlesticks Charting. You can do this by clicking on the pen icon and choose the top option “Chart Types” and click Candlesticks.

online day trading training 02
You are on a demo account, to get a real money account like me you need to make a deposit.

Step Three:

Look for the bear reversal pattern of Dark Cloud Cover.

online-day-trading-training-04 online-day-trading-training-03

According to Investopedia, a bearish dark cloud cover appears in an uptrend with a long green (Upward) candle followed by a big red (downward) candle. This pattern signals a falling momentum in traders.

Key Points

  1. It must be on an upward trend.
  2. The large red candle must start higher than the previous green candle.
  3. The large red candle must pierce below the middle of the last green candle and closes below the half point.

Action Plan

  1. pick an asset, for example, EUR/USD.
  2. Watch it carefully.
  3. Whenever you see a bearish Dark Cloud Cover, you put.
  4. It is important that THIS is the only thing you do throughout the session.
  5. Set a timer for yourself.
  6. Make a record of your gains and losses.
  7. Note why the loss occurred.

You can also practice with any other patterns. Try to establish a connection and confidence with each different model.

Gradually you can start adding pattern combos. Usually the more complex a combo, the more accurately it predicts.

 

 

Warning

The success of this online day trading training program strongly relies upon your ability not to be tempered by anything other than your set pattern. This exercise is about fortitude, an essential ingredient for day trading success.

Online Day Trading Training Broker #2

If Iqoption doesn’t work for you or is not available in your country, you can also try this broker, Nord FX.

online-day-trading-training-05
Click Open Demo Account

Online Day Trading Training Broker #3

If neither Iqoption or Nord FX work for you, try this broker, Grand Capital.online-day-trading-training-06

Online Day Trading Training: Graduation

Congratulations on completing your online day trading training! I wish you all the best, wealth and fortune in day trading.

 

 

Is Day Trading Worth It – An All Around Analysis for New Traders

Is day trading worth it? If this is the question you are asking then this article is for you.  I am addressing this post to the students, learners, and new traders. I can’t think of a reason why experienced trader would ponder this question.

If you are here to be told yes or no, then my answer to you now is no. Walk a way, matter of fact, walk away from trading period. Anyone not capable of deriving their own sound judgement through research and logical analysis and be responsible for their decisions does not have the trader in them.

I intend to discuss is day trading worth it with you by presenting all the facts that I know through knowledge, research, and personal experience. By the end of this article I will present you with my conclusion. However, it is entirely up to you what you make of this knowledge. If you agree with me, I have some suggestions in the end that may help you becoming a day trader. It is entirely normal to disagree with me completely. I promise you there will be no hard feelings, quite frankly I don’t care about how you feel. I care about you as a trader and as a trader, your own intuition and judgement is forever your best friend.

At the same time, this is also not a technical post. There will be no tips, jargon, or tax break downs. I really don’t think you care about those things now. I will briefly touch upon the major differences between schools of trade and investors to widen the horizon and give investors the respect they deserve.

Is Day Trading Worth It: Get Rich Fast

To answer this question we must explore a few options. Firstly What do you mean by is day trading worth it.

Most people explores day trading because they think that there are vast wealth in the market just waiting for them to get rich quickly. That statement is absolutely half true. There are vast wealth in the market for sure, but can you benefit from it and can you do it quickly is another story entirely. Matter of fact, most day trader just do okay. Probably not much than the desk job that is paying your while reading this article. I feel that I don’t have to elaborate more on this, I think you can agree with me base on everything else you’ve read so far.

Is Day Trading Worth It: Stability and Freedom

So get rich quickly is not that easy through day trading, then what about financial stability? Is day trading worth it in that sense? If it is not vast riches that you are hoping for perhaps you can be your own boss and work on your own terms as a day trader. I’m a CEO of a modern trade company, digital asset such as stocks, Forex, commodities is something I trade. It sure is nice to wake up and do whatever you want. No boss to tell you what to do.

That is however not entirely true again. Putting all my other duties aside because it is irrelevant and I can’t think of any other successful entrepreneur that works less than 8 hours day. Hell I’m writing this article at 11 pm on a Friday night, but I do it because I like it. As cliché goes, don’t do anything you don’t enjoy.

Let’s assume all you do is day trading. Stock market typically opens at 9 am and closes at 4 pm. So for those 7 hours a typical day trader is in front of their screen(s) looking at charts and tickers. That optimal swing only comes once a while and you better be there to get in and get out. Yes, I know there are tools and computer programs, but you have to be there right? Autopilot does most of the flying but would you be on a plane without a pilot?

So that is 7 hours dedicated to your day trade. By the way there is no lunch break. It is true that unlike value investors day traders are mostly technical traders. If you don’t know the difference I will get to that later it is not that important at the moment. However, you still have to study the market! How are you going to know what is coming if you don’t prepare before and study the asset you intend to trade.

Lets say you now have to wake up at 6 am to catch the early news, do you exercise, eat a healthy breakfast and maybe meditate a little to get your mind ready. Day trading is extreme mental work. You need to make sure the market sentiment is as you predicted the night before.  After the market closes at 4 pm it is a good idea to take a couple of hours to absorb what happened and plan for the next day too.

7 hours of mentally exhausting day trading and 5 hours prep work. That is 12 hours of solid good work that may not pay you more than your boss at the moment. I’m not going to take away your weekend for now, that is just mean.

Is Day Trading Worth It: LOL?

I’m not really making a case for day trading at the moment am I? Here is some good news, when you really start to get good at day trading. There is a few book worth of knowledge in that alone, so I’m not going to get into it, you could be making good income and have the luxury to not trade when you don’t feel like it.

Who am I to stop a millionaire from taking a vacation to the Maldives.

So yes, there is definitely stability and freedom when you become a good day trader. I can’t teach you how, trust me no one can, but a good book to start is the Reminiscences of a Stock Operator by Edwin Lefevre. It is a classic that will give you the trader’s mindset of one of the best technical trader of his time, Jesse Livermore.

Is Day Trading Worth It: Things to Avoid

I’m being blunt here, don’t bother with pink-sheet, OTC and penny stocks. Don’t know what they are? Good, you don’t have to. Have you seen Wolf of Wall Street? Watch it when you can. If you have, then  the news is you are not Leonardo DiCaprio you are the sucker on the other end of the phone (computer) when you try to trade those.

If you are not part of the pump, you are the dump. I am over simplifying things here but because those market are poorly regulated there are tons of wolves just waiting to prey on the curious lambs (you).

Many new day traders end up throwing their money away on penny stocks because like name suggested those stocks are cheap. These same stocks also showcase amazing growth at one point or another. It is the perfect pump and dump trap for new traders that are capital strapped.

If you have couple thousand dollars and you want to day trade chances are your only option is penny stocks. BRK.A is $216,220 a share. GOOGL $800, AAPL $113. You get the point, with a small start-up fund there is nothing decent you can buy in volume to making money on the swing. So naturally many people end up buying 20,000 shares of XDE.Pink (totally made up don’t google). Say you picked up XDE.Pink for 10 cents a share, with $2,000 you end up with that many shares.

You are confident, because lots of people on a stock forum says its going to rally to a buck twenty by noon, and it sure look like it. WOW that is more than $20,000 dollar from your $2,000 in a jiffy! Chances are and I will put my money where my mouth is that will never happen. What most likely end up happening is you ending up with 20,000 shares of XDE.Pink worth of junk. Depends on where you go in on the pump and dump, you’d be lucky to come out with some money to cover your brokerage fees.

My verdict, stay the hell away from it. If you have limited capital there are better things than those markets. You can always use the money to buy some stock books too. Knowledge is sexy.

Is Day Trading Worth It: Capital

At this point I probably unveiled one of the biggest hurdle for new traders. If you don’t already have a lot of money it is difficult to start trading. If you have millions of dollars why would you day trade? Go read the Intelligent Investor and become a value investor, like Warren Buffet.

So here is a conundrum that I have presented you. If you already have a lot of money and want to become an investor I don’t recommend day trading. As Benjamin Graham wrote in the Intelligent Investor if you must day trade never put more than 10% into the swing. In the long run value investor always come out on top.

Here is a secret, if you want to try at day trading without risking too much money (or none at all) there is a type of market called the Binary market that lets you learn everything you need to learn as a day trader with as little as $20 to start.

I’m not going to explain too much about the Binary Market. You can read more in this post. What you do need to know about this market is that it is regulated and you do need all your day trader technical skills to be successful as well. Think of yourself a super day trader in this market. The difference is you are trading on the market not in the market. For example you can trade $1 on GooGL because you are not actually buying a share of google, instead you are simply participating on the prediction of the market movement. Exactly the type of skills you practice as a day trader.

In Binary Market you can trade stocks, currencies and commodities. There are more depending on the firm offering them but those are the norm.

is day trading worth it
Example of Binary Trade

Is Day Trading Worth It: Excitement

At this point I think it is fair for me to mention another key benefit of day trading. Excitement. Day trading is very exciting no question about it. Remember the cliché do what you like. Well, it is very easy to like day trading, nothing gets the adrenaline going when you caught the momentum in the perfect swing. Making money out of it in the end is almost a benefit to the ride.

In my opinion I think that is why day trading is worth it for so many people. If you happen to become good and make a great living out of day trading there is no job more exciting.

Nothing is more rewarding to a man than the affirmation that he is correct. And get paid for it.

Is Day Trading Worth It: Binary Options

At this point you’ve had enough of me. I said from beginning you may or may not agree with what I said. However if you are as I said learning the market, trying to explore more about day trading and finally decide whether is day trading worth it, then there is not enough articles you can read to make sense of it all.

The best way is to put yourself in the seat of a day trader, and my recommendation is to do it with the least risk and potentially highest return. Try it with Binary Options.

Hop over to these brokers, see what they are offering, sign up for a free demo account and start day trading!

Iqoptions

NordFX

GrandCapital

Practice Japanese Candlesticks Forex For Free!

This article is for the people who posses some knowledge on Japanese Candlesticks Forex. This is important because if you don’t know what Japanese Candlesticks I’m referring to, then you have no idea what I’m talking about.

Congratulations on discovering the ancient charting technique of Japanese Candlesticks for Forex. You found out that Japanese Candlesticks are highly accurate and fascinated with all the tested patterns and signals. Using Japanese Candlesticks on Forex is highly effective for many successful traders.

I want to show you a way to practice your Japanese Candlesticks Forex pattern and signal reading skill on real-time Forex assets using fake money. It is a great way to learn your candlesticks and gain confidence in the real Forex market without any risk.

Practice Japanese Candlesticks on Forex for Free

There is a form of trading called Binary Options. I’m not going to talk too much about it here because I have written another post discussing that in detail. You can click here to read that post and learn more about Binary Options. If not, you don’t have to worry about it because the purpose of this post is to show you a way to practice Japanese Candlesticks in the real market for free.

First thing that you need to do is hop on to this trading site Grand Capital, you should see a page like this:

free stock chart 02
Practice Japanese Candlesticks for free step one

Click on open a demo account and you will see a page with three options:

practice Japanese Candlesticks
practice Japanese Candlesticks for free step two

Under the Demo Accounts tab you have three options, choose Standard if you want to check out currency pairs, metals and CFD-contracts. Choose Options if you want to check out Forex. ECN is for scalping, trading on news and using robots.

Pick the one that have the asset you want to see, in our case Forex, so click open an account under Options.

After clicking open an account you will see a page like this:

practice Japanese Candlesticks
practice Japanese Candlesticks for free step three

Don’t have to change anything here, American style basically allows you to stop short, but you don’t have to worry about that, pick any and tick agree and click create.

You will get your account credentials right away:

practice Japanese candlesticks
write your login credentials for when you miss the email

Click Open Webtrader and congratulations you are in. You should now be in the main page!

practice japanese candlesticks
on your left hand side you will see all the available Forex pairs, right is chart

Japanese Candlesticks Forex

At this point you may realize hey wait a second, you promised me Japanese Candlesticks for Forex but all I see is a line chart! Now the last thing you need to do is click on the arrow left of the gear button on top of the chart and click Candles .

practice japanese candlesticks 08
Here you go! Have fun practicing Japanese Candle Sticks on real-time assets! GLHF!

You can explore further on your own by practice investing with your demo money, and tinker with different styles and settings. Try your Japanese Candlesticks patterns and signals on real-time assets. There are also different analytical tools that normally would cost a fortune for you to play with. So good luck and have fun!

 

How to Make Extra Money on the Side Fast – CEO’s Suggestion

Not too long ago I got together with an old friend, after a few drinks he asked me how to make extra money on the side fast. I pondered upon this question and thought of his past complaints about work and financial stress. Without leading him into some rush decisions I told him that there is nothing I can think about on the spot.

I felt bad for not sharing my knowledge of making money as a business person with a good friend. After all I am that high school buddy who pursued entrepreneurship.

Financial challenge is a part of every entrepreneur’s career. There are times where you just have to find ways to boost your liquidity. In other words make some extra money fast.

It is true that there are many ways to make extra money on the side fast. Fast is arguably relative at the moment, I will get to that later. What is more important is why do you need it, how much extra money, and what are you willing to do to make it.

How to Make Extra Money on the Side Fast, The Why?

The why is very important, without the why you would not be reading this article. Without the why there is no reason for anyone to do anything. I have not met a person in their adult life that does things just because, it is an inefficient way to do things.

So why do you want to make extra money on the side fast. There are many reasons that leads to this wish. Perhaps you are looking for a boost in income. Maybe you have a baby on the way, maybe your boss is a dick and you are looking for an opportunity to stick it up his when the time is right. For now though you need to keep doing what you do for that bottom line.

I’m sure there are more reasons to the why than the solutions to the how. I am going to tell you a very specific why that I am trying to offer the solution for in this article. The why that I am catering is for those that have a source of income but are not very happy about it at the moment. Why you are not happy about it is not something this article can help, but the desire spurred from your why is something that I am offering a solution for.

Like my friend you have an income, and you are smart. Smart enough to know that the 60 ways to make money from home, or 24 legit ways to make more money is not something worth of your time to pursue. I agree.

Filling up survey is not a good way to make money, have you tried those surveys? If you have not congratulations you are smarter than me. They are not worth the money or the time nor the effort.

Driving for Uber may work for some but not others. Tell me you are not seriously considering using your brand new BMW 5 series on the weekend ferrying barely legal teens that just had 5 shots of vodka for the first time in their life. Ticking time bombs.

How to Make Extra Money on the Side Fast, The What.

After disputing two of the only things you found in a list of 60 that is doable and tangible you are wondering what can you do to make that extra money.

If you know a craft, then selling it on etsy is a very good idea. Especially if you enjoy crafting. What is important is that you do it on etsy and not ebay. Ebay has always been a prime hunting ground for bargain hunters, letting go of a craft that you spent hundreds of hours making for a meager reward, that is insulting!

I know an aspiring entrepreneur who loves to make print caps and t-shirts. She is doing really well on etsy. Last time I checked she even has her own shop set up, she’s got some really cute baby prints. She did all that while she was working for some media company.

If you don’t know a craft, or is allergic to physical labor. Then perhaps blogging is something of your interest. For example this article is a blog. You probably heard stories of people who are successful bloggers. People do quite alright from writing what they like. In my case I love writing business related articles such as the stock market, new opportunities and document my life as a CEO.

Writing a blog however is not easy, and it’s not something that you could pick up without any prior knowledge. Even if you could and have experience with blogging then you probably would agree with me that monetizing a blog is very challenging and time-consuming.

Monetizing a blog is using your content to generate money. There are several ways to do that, through advertising, affiliation and e-commerce. Technicality aside blogging is not the solution for how to make extra money on the side fast, because it is anything but fast. Sometimes it takes month even years for a blog to gain audience and momentum.

How to Make Extra Money on the Side Fast, The Will!

If you are going to blog do it as a hobby and do it consistently. There are no shortage of half-finished blogs on the internet. It is actually one of my biggest fear to see this blog joining the rank. If you want to find out how to make extra money on the side fast I have something else to suggest that could be better for you. We will get to that in a bit.

If you are a responsible adult, and you have spent your adult life achieving things then you know that will power is a very important mental ability that we posses. The cliché goes when there is a will there is a way. In other words if you have no will then there is no way.

I’m talking about will power because yes I can suggest this for my buddy’s question on how to make extra money on the side fast. However, before we jump into it you have to ask yourself what are you willing to do. Are you willing to read a book, or learn some new skills. Or perhaps both. Reading is sexy and learning is power.

How to Make Extra Money on the Side Fast, The How.

I know I have beaten around the bush for a bit before arriving at this section. I could have given this answer to you in the first paragraph, or tell my friend in a here do this kind of one liner. He would have not listened to me, neither would you. It is just human nature.

I needed to prove to you that I know what is out there, and I have tried almost all of them. Most of them simply do not work, the few that does is not a solution to our problem.

My friend asks me how to make extra money on the side fast because he knows me in person. We hangout together, and that he knows of my business track record. My ups and downs, my success and failure.

So this how to make extra money on the side fast is something I have tinkered a bit with. It is a form of trade, something I have skill in. If you are interested you can see that I have done some extensive research on the subject in my other post titled: Binary Options Trading – The big secret and what you need to succeed.

A Binary Option is basically a form of stock market. You would run exactly the same as you would trading stocks. You predict a trend and invest on your prediction. Lets say if you see that google will go up in the next 3 minutes by 1 point. You call and 3 minutes later the stock indeed went up by 1 point or more. As a result you get paid handsomely, usually 60-90% depends on the asset or the firm.

What is great about this form of trade is that:

1). You can trade it anywhere as long as you have a computer or phone with internet access.

2). You can do it at work, most companies will not punish you for glance at a stock when things are slow.

3). If you are a student going to become a future stock operator then there is no better place to practice your chart reading skills.

4).In Binary trade you don’t need a lot of money, some firms will even allow you to open demo accounts or start with as low as $20.

5). It is super fast! You can open and close a deal within minutes. Say you called $100 on google at 3:00 pm, because you read news that is good for google and you predict that it is going to break its down trend. By 3:03 it moved up. Even though just by 1 point it is higher than when you called it. The return is 80%, you take home $100 + $80 = $180 in 3 minutes.

6). Your boss walks by, you turn off the browser and goes back to work $80 richer.

That is how to make extra money on the side fast.

How to Make Extra Money on the Side Fast, Warning!

At this point you are excited and eager to give it a try. You’ve read my article up to now so do yourself  a favor and finish it.

Binary options are legal and regulated in almost every country with some exception. Legality is not the issue I want to warn you. What I want to warn you is the risk. The market; binary, stocks, commodities, Forex are risky. People get rich playing the market, but people also lose money.

Before you jump into Binary ask yourself if you are knowledgeable enough to play this action packed market or not.

If your answer is no there are two things you can do.

1). Get yourself educated with this form of trade. It is not very complicated but there are certain fundamental knowledge to have. If you are really curious and like the way I explain things read this post I wrote on the subject. It is more extensive and almost 5,000 words but it is a good place to get you acquainted with this type of trade.

2). Walk away and pick something out of the list I mentioned in the beginning. You probably won’t make any decent extra money with any speed, but there is no risk but your time.

How to Make Extra Money on the Side Fast, Where to Start.

Now that I have shared with you my suggestions on what I think is what you are looking for on how to make extra money on the side fast. Here are two firms that offer this type of trade. I have done my research on them, do yours as well.

Iqoption

NordFx

So think about if this is something you can succeed in. Read my other post learn something new.

 

Binary Options Trading – The big secret and what you need to succeed

If you have an interest in trading stocks, Forex or commodities, chances are you have come across some sort of advertisement for binary options trading. You might have seen it on google or Facebook, and wondered if they are legit or worthy investments.

The purpose of this article is to share my knowledge of Binary options with you, I hope that by reading this article you can make use of the knowledge and research that I have gathered. I am doing this because it is a passion. Secondly I look at stocks and options as a form of digital asset, one that I can trade, and I put a lot of energy and research into it. After all, I am the CEO of a modern trade company.

The Big Secret of Binary Options Trading

I will open up by revealing a secret, one that a lot of people actively trading in the binary market seem to overlook. Firstly, this form of trading is not new, Binary options as we know it started in 2004 but actually it is perhaps as old as the stock market itself. The name for this type of trading used at the time was different, but the change is not just in the name, that much have changed in terms of trading technology, platform, and regulation of this type of trading, as a result you as a trader can feel relatively safe putting your hard-earned money down for an opportunity to earn quick and sizable returns.

For those who do not have any knowledge on Binary options trading, and that this is the first article you read let me congratulate you, because I am going to try to offer you some of the most important knowledge about Binary trade, and now let me quickly fill you in.

Binary trade is a type of stock, commodity or currency trade that you do with a firm that provides this type of investment. You typically trades in options that the firm has to offers. As a Binary option trader you need to understand that you are not trading on any of the real assets, instead your deals are strictly between you and the Binary firm. You are however participating on real-time movements of real assets. As a binary trader you are the super day trader, one that pulls a trigger and gets result within minutes.

Binary option trading is also very simple, in a given amount of time you predict whether the trend is bull or bear. When you are right you get a handsome return usually 60-90% of your first investment, depending on the firm or asset. So you call $1000. A few intervals later your prediction came true. You will make 60-90% to the dollar depending on the asset or the firm. So you take back $1600 – 1900 dollars in as quickly as a few minutes. However, if you predict wrong your investments are wiped.

Sounds like a simple system right? however there are many methodologies and strategies on stock or currency trading that applies to Binary as well, because after all you are in fact making calls on the real market and the market is always volatile.

Now that you have an idea of how to trade Binary Options, let’s get back to the big secret I promised you, and the big secret is that Binary options trading is not new at all!! In fact it is actually quite old, older than most of us Way back when in the late 19th century to early 20th century there exists a form of trade houses called bucket shops.

A bucket shop is a place where you can go and put a few bucks down on stocks, if it goes up by a certain points you gain and if it goes down you are wiped. You are also not actually buying assets, so your gain and loss is strictly between you and the shop. Sounds familiar now doesn’t it?

Binary options trading in essence is the 21st century edition of bucket shops, just quicker, better, and presumably more comfortable, since now you can trade from your desk or sofa and in your own comfortable place.

Back in the bucket shop days if the owner refuses to pay, there is not much you could do, but shops being a business seldom does that, reputation is important. Today’s Binaries are much regulated and watched, so reputation aside they are also legally bound. Still do your research before signing up with them anyway. Back in the bucket shop days just like modern binary options most people probably come out loss or barely break even.

That being said, in the past there were exceptions, when a particular person, aka “the boy plunger”, or “the great bear of wall street” Jesse Livermore consistently beat these shops by making significant and accurate predictions on the stock he could clean the stores. So being beat at their own game the bucket shop owners started to refuse his business, but they did still pay him nevertheless. They just won’t take his business anymore.

Jesse Livermore or his pseudonym Lawrence Livingstone in the popular and famous stock book Reminiscence of a stock operator by Edwin Lefevre shared insight on how he was able to predict a stock movement accurately and how he was constantly beating the bucket shops at their own game, that is until all the bucket shops decided to ban him. Which left him no choice but to embark on his great journey on wall street, whom later become one of the legendary stock traders of his time.

If you have an interest in the life a Jesse Livermore and want to gain insight on how he was able to gain success in the bucket shops, then I highly recommend Reminiscence of a stock operatorA great book for anyone interested in trading stocks. It’s quite an entertaining read. If you don’t have the time to read, try the audible version.

Anyway, now that the big secret is out, and you know what Binary options trading really is congratulations to you.  You are already one step ahead of those who don’t know what they are really up against. After all, you cannot execute properly when you don’t know what you are facing.

Binary Options – Investment, Gamble or a Game

Now that you have an idea of how binary options trading work, and have revealed its true form under the veil it is time to really consider whether this is a form of investment that you can do.

When reading this article you probably noticed that I discuss binary options as an investment. I do not want to misguide you, I am a trader by…trade. Any activity that involves using capital to generate more capital is an investment for me. By that definition however, you could also say to me that gambling and some game that deploys capital to make more capital is also an investment. You’d be right to say that, no argument here.

However, there are good investment, bad investment, and worse of all the illusion of a good investment. There are investments that set you up for success and others failure. The difference is in the intricate detail of understanding the fundamental differences.

The real reason I look at Binary options as a form of investment is because you are actually a real market participant. Even though you do not actually trade assets and that your action does not directly influence the asset you are trading, you are nevertheless participating on their movements minute by minute at a time. So you benefit just like anyone else that are trading actual assets.

In other words, if you treat Binary options as an investment you sure should act like it. Do the research on the asset, learn chart reading skills, practice your prediction, tame your hunch and intuition. Learn about yourself as an investor. Then you will not sway by the heat of the moment, by the momentum of others, and finally make sound investment judgement.

When you do all or more of that I mentioned above, then without a shadow of doubt Binary options trading can be a type of investment for you as well. It is a super quick investment that yields result in minutes.

Due to the nature of the execution on each trade, and how frequent you can act on an execution, Binary options has a very thin line that one could very easily cross into the territory of gambling; quick action, quick reward.

The reason why I say that is because if you neglect all the principles behind each trade, and simply guess up or down, and treat every open and close position like roulette with a 50 50 chance then I have to tell you that you are simply gambling. I find myself at the lack of a better word when you leave it all to luck.

This however is not exclusive to binary options trading, lots of people gamble on the stock market too! They buy or sell on impulse instead of knowledge derived decisions. What is even worse is that the risk is usually bigger.

What about treating binary options like a game? It is quite fun I must admit, especially if you are a student learning how to read stock charts. Here is another secret, although limited, binary trades are live! It is incredibly exciting to watch that chart move up down or sideways before you.

It is a great tool to learn stock charts because most binary options allow you to go into minute by minute of a stock. If you are learning any charting techniques this ability is amazing. Imagine seeing each candle sticks form by the second!

You will start to get to know a stock intimately, and you will be on your way to becoming a great technical investor. Just like Jesse Livermore, whom learned his tape (chart) reading skills in the bucket shops, he who later became one of the greatest stock trader of his time. You too could master your chart reading skills the same way.

As long as you can control your impulse and budget then I see no loss in treating binary options like a game. You might even come out on top as you progress. Nothing is more rewarding than being paid for having fun learning. A warning for those prone or with a past of uncontrollable gambling, if your intention is not genuinely to learn the ways of an investor, then stay clear, because I’ll be blunt, it won’t take long for you to go from gaming to gambling.

So here is my verdict, like every investment, trading binary options diligently and intelligently you are no doubt an investor, but if you mess with it, then it could be a game, if you do nothing but indulge then there is no wrong calling it gambling either. What you make of it, is entirely up to you.

Is Binary Options Trading Right for you

If I was to get paid a million dollars to answer a question it would be this one, because it is impossible to give a straight forward answer that works for everyone. I don’t know if you are an investor, a gambler or a gamer.  So I cannot tell you if Binary options are right for you. I am not going to discuss the gambling or the gaming crowd from this point on, I made my point in the previous section so I’m leaving you with that judgement.

Lets look binary options strictly from an investor’s point view, and by investor I mean financial investors, stock, commodity or Forex. In stocks, there are predominantly two schools of investors, the value investor that pays the most attention to an intrinsic value of a stock and the technical analysts who dances with the charts and graphs. There are also hybrid investors whom pays attention to both, but it is very hard due to conflicting interest in the two styles, such as sometimes the ticker says sell but the intrinsic value says hold.

If you are a value investor like Warren buffet or his teacher Benjamin Graham then you will most likely not treat binary options as a serious investment, because although the stocks that you are trading on binary is a value stock with great intrinsic value like google or apple, but the Binary options does not pay more attention to it more than its hour to hour trend. Making applying intrinsic value pretty much useless. Sure you can make bang on prediction that a certain stock will be bullish for the next few month but it does no good for you calling it minute by minute. Which is why the school of technical analysis dominates today’s market, especially the action packed binary market.

If you are on the technical side of investing stocks, and have adequate knowledge on charting techniques and patterns, then you should feel at home with binary option trading. It is just like the regular stock market for you, but more action packed. Think of it like stock market on ecstasy, never a dull moment.

For the future stock traders out there it is important to pick a school, because the right style will dictate how you check a stock, or if Binary options is worth the while. For example, it was difficult to argue that Warren Buffet is not one of the most successful investors of our time, people don’t call him the oracle of Omaha for being mediocre. He is perhaps the epitome of a value investor that makes sound investment decisions through careful studies of the intrinsic value of a stock.

I mentioned earlier that paying a lot of attention on intrinsic value of a stock doesn’t really help much in Binary options trading, however it is important to understand a stock that you are making calls on, especially for those that have no earlier trading knowledge at all. A good book to get you started with value investing is  Buffett: The Making of an American Capitalist by Roger Lowenstein. It’s a very enjoyable read that provides much insight to Buffet and his journey  to success, but If you really want to get in on value investing, pitch patience and time for great reward then you must read the book that Warren Buffet himself have studied, The Intelligent Investor by Benjamin Graham.

Warning: In comparison The Intelligent Investor is not a light read, and as an avid reader myself, I cannot say that it is an enjoyable read either, a little dreary at times even, because it is almost like a text-book, actually, I think it  is still being used as a text-book in many business schools.

I know at this point I have drifted a bit on the topic, forgive me because like I said the question we set out to answer is not an easy one, I feel that the best way I can do is offer you the reader as much information relevant to the topic as I can and decide from there.

So if you are a value investor whom practices excellent patience and fortitude, one that can select the right investment and hold on to it until the best moment of return then Binary options trading maybe against everything you practice, and the readily moving charts are nothing but a distraction to you.

On the other hand, if you want to become an aspiring day trader, or a technical legend like Jesse Livermore then there are no better place to get your beak wet than the many Binary Options Trading out there.

Binary options also cost less to take part, a lot less than buying stocks actual stocks. To trade stocks or commodities or Forex, you need to have some cold money that you can put aside as an investment. Even the lowest amount a typical brokerage firm need their client to have to trade stocks is at least $2,000, and with that amount you don’t really have a lot of options to trade good stocks, or to even cover the brokerage fees.

Which is why many people ended up trading penny stocks or pink sheets. Without going into too much detail, or drift further from the topic either of those are very risky investments, they are not very well-regulated and are scam prone. My advise is just stay away from those and buy yourself some good reads with that money instead.

To invest on the market properly you will need tens of thousands or even millions of dollars, some of you may have that, but for the most especially students learning the trade, that is almost a barrier to entry that is impossible to breach.

Thank you for reading up to this point, I know that this is probably one of the longer articles online on this subject, but like I said I am passionate about it and I hope to give you as much information as I can.

In summary if you seek quick action and quick return and have limited resources, then Binary Options might be your calling to the trading world. However you must take it seriously and diligently.

Capital needed for Binary Options and Can You Succeed

Lets address the easier question first, how much money do you need to take part in Binary Options Trading. The short answer is not much, you could start with as low as $20. This criteria alone is very attractive to many people who want to get a taste of the market but not really willing or capable of coming up with tens of thousands or even millions of dollars required for the market.

many binary firms will even give you bonuses, I’ve seen some offering promotions that will double your first deposit. Do your research on the kind of rewards and bonuses different firms offer. Below I have listed some low starting deposit firms.

Low Investment Binary Options Trade Firms

Can you succeed in binary options trading is something else entirely. I have moderate success, I am on top most of the time, but I make each $1 call like it is a million dollar deal. First of all, yes you can make $1 calls, and depend on the return you get 60 to 90 cents to the dollar. Which from an investment return point of view is great. However, when I predict wrong, I lose my dollar, which again from an investment point of view is a 100% loss, now you see why I treat each trade like it’s the deal of century.

To me it is mainly to get intimate with the charts, after watching it go up, down and sideways for a while I start to develop a special relationship with a particular asset, and that have helped me make investment decisions outside of binary market, sometimes I was able to spot an opportunities on a particular asset because the second by second movement of Binary was just more intimate. Not to mention making a few hundred bucks on Binary out of a 3 minutes trade feels darn good at times.

I mentioned earlier that if you treat binary options trading diligently like you should with any investment then you start to act and think like an investor, and the goal of every investor is to make more money.

That being said I must also be frank, all investments have risk, never use the money you can’t spare, or worst the money you don’t have. Know when to stop and bow out is key, when a trade that you are so sure about goes the other way, shrug it off and learn from your mistake.

There are many successful binary option traders out there that do great. These are professionals as I call them. People that has done it for years. What I like is that most Binary option trading firms has a leader board, that shows you what they did, don’t just look at what they earned study what they trade and how they trade is more important.

Below are some screen shots of great trades of the day from some different firms that I took at the time of writing. These leader boards update in real-time, there is always some exciting trades going down in the world of binary options trading. Remember I said binary option trade is like market on ecstasy?

iqoption-leaderboard
Iqoption leader board on 09/26/2016

I must tell you that there are much going on in a 3 minutes of trade in Binary than the gain and losses in the end. Knowing when and what to call is what separate an investor from everyone else. There are some essential skills that you should have to trade successfully in the binary options market.

I mentioned in my previous section that a thorough study and understanding of the intrinsic value of a stock, commodity or currency does not help with Binary trading and that emphasize is placed more on technical analysis. The school of technical analysis is a wide one as well, one that requires knowledge and practice. Good news is there is no better place to practice your chart reading skills than Binary options trading. Remember Jesse Livermore and his days in the bucket shops.

When it comes to chart reading there are many types of stock charts, the most popular and well-known ones are line, bar and candlesticks. Personally I enjoy candlesticks more, I think there is no science behind a person’s preference, it really is what make sense to you. I can get very intimate with a stock through candlesticks you might not, it is a journey of discovery. It pays to know how to read more than one type of chart, but at least knowing one will separate you from the guessing crowd.

There are many resources on the web that teaches you the fundamentals of chart reading, most binary trading firms offer free courses on these subject as well, it is also worth mentioning that most binary options trading platforms will also offer computer analysis tools such as MA or Bollinger Bands. If you are going to learn a chart reading skill I recommend candlesticks; Japanese Candlestick Charting: A Contemporary Guide to the Ancient Techniques of the Far East by Steve Nison. However, do your own research before committing to a book, Candlesticks makes sense to me it might not to you.

Regardless of what chart reading skill you learn they all offer the same fundamental idea, that is to understand the asset through its movements. When an asset move, regardless of being a stock, commodity or currency pair, it moves because people are buying and selling, and chart give you that sign of momentum, being able to see the momentum allows you to make sound judgement call.

So yes, you can succeed in Binary options trading just like you could succeed in any other market with adequate knowledge, patience, willpower and fortitude.

What Can You Trade In Binary Options

Now that you know what Binary options trading is and have an idea on how to be successful, now let’s look at what can you trade in the Binary market.

In short, Binary options allow you to trade stocks, commodities and Forex. Stock is evident, you call in the stock of a company, each binary firm may offer different stocks, many offer blue chip stocks such as IBM, Google, Apple, Tesla and from other reputable companies. It is fun trading these because once you get very intimate with them through Binary you start to see a particular stock better than other people, and that itself opens new opportunities, or at least you can start calling your positions more accurately and start making some real money from your positions.

Popular commodity trades are gold, silver and oil, and currencies are such as USD:CAD or USD:EUR. The fundamental are the same as stocks, however, due to different market you will soon realized that the ticker moves and reacts differently. On Binary options it really doesn’t matter which one you trade in, what is important is that you find the one you understand.

I often watch several assets at the same time, but if you are starting out look at one first. This will help you build a rapport with an asset first then go from there.

Firms to Trade Binary Options

There are many different firms that offers Binary options trading, since now you know what this type of trading entails, picking a trade firm to do business with is actually very simple. My rule of thumb is trade with whoever you feel like it. Whatever the criteria that makes you comfortable go with that. Whether it’s the country of operation, or the business behind the firms, length in business, or maybe the CEO. It doesn’t matter, what matters is that these firms are in business and they pay what you make. If you read a review on a firm that owes people money or is on the verge of bankruptcy you don’t need me to tell you to stay way.

I mentioned earlier that different firms offers bonuses, at first this maybe  of interest to you since you are just experimenting and is not willing to invest more until you feel comfortable. However, if you have the money to invest take the bigger bonus.

Below is a list of Binary Option Trading firms that I have poked my nose in at one point of another, they are reputable when I wrote this article, I don’t see why they would not stay reputable, and they all offer some sorts of investment bonuses as well.

There are certain criteria that are important to me when reviewing a Binary firm that are not for you. So I recommend you take a look for yourself. Signing up with a firm is not a big deal, unlike the stock market where you have to deposit tens of thousands of dollars before you can even trade. Binary is different, since you are trading on the market and not in it you can start with a 10 or 20 bucks if you really just want to test the water, better yet get the demo account, most firms offers it, zero risk there.

Binary Firm and Deposit Bonus

Grand Capital – up to 200% bonust

Iqoption – up to 200% bonus

Nord FX – up to 150% bonus

Utrader – up to 150% bonus

Additional Reading Materials

If you want to explore more on the market; stocks, commodities, currencies or Binary options then I made a list of books that you may enjoy reading. If you found information in this article that you didn’t find anywhere else on the web it is because I got it from a book. I have mentioned some titles throughout the article that helped me drive to the conclusions the way I did, you may not. So for the truly curious and the learning mind these materials may offer new insights, things that I overlooked, or perhaps plainly misunderstood. In which case I’m more than happy to discuss with you in the comment section below.

Book List:

Reminiscences of a Stock Operator

Buffet: The Making of an American Capitalist

The Intelligent Investor 

Stock Charts Technical Analysis

Final Words

At this point I want to thank you for reading this quite lengthy article of my understanding on Binary Options Trading. I hope that I have provided new information and useful materials that can aid you on your journey of becoming a success in this type of trade.

Like anything else in life, practice and dedication is required to prevail but never guaranteed. I think part of the journey that is exciting is when we discover new things and knowledge. Perhaps you never knew what a bucket shop was prior to reading this article, and maybe you didn’t know that Warren Buffet and myself (self-appointed, since I was not born at the time.) are students of Benjamin Graham.  My point is, knowledge is very powerful and sexy, and knowing where to look for the right information may just give you that edge you been looking for, or to the least learning something new.

I am not a professional writer, I’m a business man, a modern trader making a living on the real and digital silk road. My profession takes me to new frontier of technology, production, retail, distribution and innovation. I do much of what I do because I am deeply in love with it. Sadly, you don’t see a 30 years old trader like me very often. In a day and age where young people are just eager to jump into the valley or wall street, It is simply not a profession that people of this information technology era have much interest in. Many people even assume that this profession is on its last breath due to the rapid advancement in communication technology, after all who needs a middle man right?

Well think about it, communication technology has always been rapidly advancing, from homing pigeons, mail carrier, to the telegraph, the telephone and the internet. Who knows what else is coming, quantum teleportation I heard. Through these changes, the profession that I am deeply in love with continued to thrive. So this article and many like it is an archive of what I do, and is a way of me sharing with the world my interest, my journey, and my experience as a trader. I hope you have enjoyed this article and I look forward to discussions with you in the comment section below.

All the best and I wish you the most success in Binary Options Trading.