i am interrested on binary option

Indonesia
September 8, 2012 11:53am CST
have u known about binary option that is same like forex, people said with that we can earn lot of money with easy,the person join with that called Trader, if u are one of them i need some ur help what is the best strategy to be right consistenly the prediction??? good bless you if u helped me :)
1 response
Just an Ordinary Owl?
@owlwings (43915)
• Cambridge, England
8 Sep 12
Binary options are NOT the same as Forex trading. Forex trading involves buying REAL currency and selling it again when the rate is favourable. 'Binary options' are simply a method of betting on whether a rate will go up or down. Overall, your chances of winning or losing the bet will be 50% (LESS the site's commission, of course, so everyone is bound to lose, on average). If you are lucky and have a flair for 'prediction', you can see a profit. MOST people, however, will lose (that is the way that betting sites work).