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Can You Make a Living Day Trading?

Event Details

Can You Make a Living Day Trading?

Time: November 3, 2016 from 6pm to 7pm
Location: chennai
Street: premmathan
City/Town: chennai
Event Type: can, you, make, a, living, day, trading?
Organized By: premmathan
Latest Activity: Nov 3, 2016

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Event Description

One of the drawbacks Automata Formula to the aforementioned binary options platforms is the effective limit placed on earnings. Brokers typically limit contract size (as a risk prevention strategy for the platform owners) to a couple thousand dollars and total capital exposure to perhaps $12000 per security traded. For the vast majority of beginner day traders these capital limits are perfectly fine. For other people with a greater need for wealth appreciation (and greater capital base) these limitations quickly make managing a binary option account problematic. It is for this reason most successful binary traders graduate to using American option contracts instead with a full brokerage. The topic of standard (or American) options trading is quite a bit more involved than a short piece can cover, but suffice to say it offers a substantially higher reward (return) for your investment. The drawbacks (such as they are) is that the waiting (holding) period for results is typically quite a bit longer, as is the capital required. There also can be modest transaction costs as well (which are not a concern in binary day trading accounts).


One simple investment that is catching on these days is called a binary option. The name may sound a bit scary but the beauty of this investment is that it is as simple to understand as a coin flip, and if you have enough money to open an checking account, you have enough to open a binary options account - it's that cheap.


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