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Earning Money on the Internet for Beginners
People often wonder: ‘Is there an easy legal way to earn some money on the Internet?’
No doubt, you know something about currency exchange rates – we often hear about it in the evening news, read about it in newspapers, or even discuss it with our family.
And when you keep thinking about it, you may wonder: ‘Can I earn any money on this?’ You may have seen ads on the Internet inviting you to start trading binary options. Perhaps you even tried to figure out what is the meaning of all this. But then you decided that it was either very difficult to understand or unreliable to invest your money in.
What are binary options?
A binary option is one of the simplest and most profitable tools in the financial market. To trade them you will need to do the following: look at the chart and make a prediction whether the rise of the selected asset will go up or down in the nearest future.
If you think that the price will go up, you need to press the “UP” button, and if you’re sure that it will move down, you need to press “DOWN”.
You must wage a certain amount of money (from 35 rubles to 200 US dollars). After that choose the trading time period – say, 1 minute. As soon as this minute expires, the system will check whether your prediction was right or not. If your were right, you will get your wage back and earn some money (usually 80% of your wage).
The pros of binary options
- Fixed profit or loss.
- No unpleasant surprises. You know all possible outcomes before the trade.
- It does not matter how much the price has changed. If you press the “UP” button and the price goes only one point up, you will get the same 180% of the amount of your bet! For example, if you decided to use 100 rubles in the trade, then you will get 180 rubles to your account.
- You can choose the trading time yourself.
- The minimum amount to invest into your account is very low. For example, the OLYMP TRADE broker requires as little as 350 rubles.
- A user-friendly trading platform where you will have only two buttons and one chart.
How to trade?
Try to open a trade and you will figure it out. Of course, it will take more than pressing buttons. You need to make correct predictions of the price movement. And to do that you must know how the financial market operates. And this is the only way to achieve good results.
We will help you to learn your trading. You can receive some additional income and much fun!
DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment.
The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains.
If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system.
You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.