Binary's Volatility or currency trading?

[Kingstone]

Same as me, I felt it was just a method of trading or how the market operates. But with how the writer had said it, it makes it seem like it's a different kind of trading entirely.

Yeah. It's kinda different. And one needs to understand the difference between the two to become a successful trader unless you just want to stick to Forex trading. They are different in leverage, accessibility, brokers among others.

 

[GIFTMICHAEL]

I don't know much about binary volatility level, but cryptocurrency volatility is high. That's why profit and loss becomes whopping in its own option.

 

[harrypaul]

I would love to learn about this too.
I only trade on currency because I understand it more and it is more profitable for me
But knowing about it would be better

 

[btaliat]

I do not see the much difference in the two concepts. I do think the volatility of coins will aid the trading. Maybe I need much explanation though.

 

[Setho]

Volatility trading is going to Grant you a lot of liquidity but I normally prefer to trade currencies because it is much more safer.

 

[justija]

I don't even know anything about trading , I was wishing I could see someone who will enlighten me on more about trading and recommend any trading app for me

 

[Sotherefore]

I do not see the much difference in the two concepts. I do think the volatility of coins will aid the trading. Maybe I need much explanation though.

Both of them are highly volatile but since I do not know much about the binary option I would like to concentrate on cryptocurrency since I have some good understanding about how it really work.

 

[Dagm1]

I believe the world today are actually all of based upon crypto money trading. Cryptocurrency have actually dominated as well as it is actually one of the absolute most trending company on the planet today individuals are actually currently into it greater than every other company on the planet today therefore I do not believe that's any type of company that can easily dominate cryptocurrency

 

[Bousine123]

I think it depends on where you stay. For me I stay in a place where you will find lots of volatility index traders. You will find them everywhere.

 

[Sotherefore]

I don't have much idea about the binary option and only concentrate on cryptocurrency and that is one of the most preferred one for me because I have a good understanding of it from the beginning.

 

[FreshKaz11]

I barely see people trading volatility index. Most people I have encountered are usually into currency trading where they have lots of pairs to choose from. They depend on news forecasts released. They are somehow a step ahead of that trading binary.

Can you share your experience if you have traded volatility?

Since the last time, I was introduced to trading but I lost all my earnings and capital into it I step down for a while but if I could make more money both online and offline I will surely go back into trading I guess.

 

[Sincerem]

Ever since I learned that binary trading is highly risky, I simply preferred cryptocurrency to it, even though cryptocurrency too is risky. At least I can manage the risk in cryptocurrency.

 

[Sotherefore]

Ever since I learned that binary trading is highly risky, I simply preferred cryptocurrency to it, even though cryptocurrency too is risky. At least I can manage the risk in cryptocurrency.

You really tried ,for me I don't even have an understanding of how the binary option really work. I think it is really advisable for you to stay in cryptocurrency for now.

 

[Kelly5]

You really have not searched a lot to see the number of people trading binary volatility index. I have had experience trading binary volatility evnen up till this moment I still trade it and it's been worth it sometimes

 

[tyrim88]

Bro I've traded binary and got my fingers burnt. They easily manipulate the results since they set the indices. Binary isn't even legislated in some countries especially developed countries. So better to learn forex trading or crypto trading instead

That is one thing about the trading of binary,because the binary trade is not just a trade being determine by market forces,rather it is determine by a third party,and it can swing in any direction the party chooses.

 

[Comfort]

I have never trade volatility but I believe every market is volatile so we all can trade on the volatility of the market.
Well your question is somewhat confusing

 

[tyrim88]

Volatility is really good. I have made 200$ in a good bullish move. One has to know and stick to his methods or strategy to know when to buy or sell. I began my journey by learning the candlestick patterns. They are many but it is not needed to know them all.
You can work during the weekdays and trade during the weekend.

That is one trick that works for those that are making use of volatility,it is good for a trader to stick with what works for him,i know of a friend who make use of volatility to trade,and he has made lots of money from it.

 

[Sotherefore]

That is one trick that works for those that are making use of volatility,it is good for a trader to stick with what works for him,i know of a friend who make use of volatility to trade,and he has made lots of money from it.

But without learning what really works for you it will be impossible for you to be able to develop a strategy that will be suitable for you to trade conveniently without losing .even with this you still need to have a background understanding of technical analysis.

 

[tyrim88]

But without learning what really works for you it will be impossible for you to be able to develop a strategy that will be suitable for you to trade conveniently without losing .even with this you still need to have a background understanding of technical analysis.

Though to be able to really get a full graps of the technicalities and mastering of trading surrounding the whole trading environment would take time,but with time one will know what really works for him.

 

[Nass]

Lol I thought it has no difference between though that this is the first time I came across the volatility I never heard about it but the best and ever good is cryptocurrency if I where given opportunity to choose one out of both.