Binary's Volatility or currency trading?

[Sotherefore]

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.

Seriously being expert and being able to predict the volatile market is a complete training that you need to give 100 per-cent of your attention ,as you have said it will definitely take some time. To be a full expert.

 

[Jhayms07]

Well I don't have an experience in that field. Only have little knowledge about forex trading

 

[Ub40]

I once went for an offline training where I paid money to learn how to trade volatility, but when I registered an account and tried to trade I discovered that I was not taught much as I later get to see different things in the trading platform. So one needs to be sure he or she has gotten the real knowledge in trading either forex or crypto coin before going into it. It is just my opinion.

 

[Lens]

The volatility of currency is what we actually trade on. Without fluctuations, there would be stagnancy and trade will not take place because there is nothing to gain or lose.

 

[Kaffyfolla]

Binary options are an alternative way to play the foreign currency (forex) market for traders. Although they are a relatively expensive way to trade forex compared with the leveraged spot forex trading offered by a growing number of brokers, the fact that the maximum potential loss is capped and known in advance is a major advantage of binary options.

 

[Thinker009]

Volatility index is very risky ,the person could lose at a go and also make profit too as a go ,I think more people are interested in other better ways to trade other than the volatility index you are recommending as Bitcoin seems to be more ideal

 

[Elfinito]

Sometimes I get confused when people talk about binary trading.
I only trade on crypto currency volatility which is so much profitable for me than any other trading

 

[greenie]

I think the world right now are all based on crypto currency trading. Cryptocurrency have conquered and it is the most trending business in the world right now people are now into it more than any other business in the world right now so I don't think that is any business that can conquer cryptocurrency

 

[Blessedsam60]

I haven't traded any volatility trading before but currency trading is one of the most common trading and we will apologize to those who doesn't have an orientation about truck driving.

 

[Grandeur]

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?

I also have traded volatility index but just once I havent quite known much about it because one could loose all funds compared to currency pair trading which is easier.

 

[Sotherefore]

All volatility are almost the same and you shouldn't expect any of them to be simpler.
Without proper understanding of how to predict the volatility of any market the risk of losing is very high

 

[Ononivami]

Trading binary isn't the best for me . The business is either loss or gain. That is exactly the way it operates. I prefer Trading cryptocurrency or forex to binary options. It's like gambling.

 

[Sincerem]

Trading binary isn't the best for me . The business is either loss or gain. That is exactly the way it operates. I prefer Trading cryptocurrency or forex to binary options. It's like gambling.

All markets are like gambling's it requires perfect understanding to trade profitably. There are people who are trading the binary option perfectly and the are earning their Money. It's requires knowledge and understanding , That is what really matters.

 

[Ononivami]

All markets are like gambling's it requires perfect understanding to trade profitably. There are people who are trading the binary option perfectly and the are earning their Money. It's requires knowledge and understanding , That is what really matters.

All market may seem like a gamble but when you know the nitty-gritty around the market it will not look like that because your chances of winning will be high because you have the required knowledge.

 

[Sincerem]

All market may seem like a gamble but when you know the nitty-gritty around the market it will not look like that because your chances of winning will be high because you have the required knowledge.

Yes , that is what we should be looking forward to get, to me it doesn't matter the market you are trading but the understanding of the market will definitely tells if you will be on profit or loss.

 

[Ononivami]

Yes , that is what we should be looking forward to get, to me it doesn't matter the market you are trading but the understanding of the market will definitely tells if you will be on profit or loss.

When you have the needed skills to make success in a business or any venture, it will be an added advantage for you to avoid all the unnecessary risk in that particular business.

 

[Sincerem]

When you have the needed skills to make success in a business or any venture, it will be an added advantage for you to avoid all the unnecessary risk in that particular business.

Anyway , even if I have to choose from both of them . I will rather choose cryptocurrency because I have a lot of understanding about cryptocurrency , for binary option I have to start from scratch which will definitely take a lot of my time.

 

[Ononivami]

Anyway , even if I have to choose from both of them . I will rather choose cryptocurrency because I have a lot of understanding about cryptocurrency , for binary option I have to start from scratch which will definitely take a lot of my time.

That is the best thing to do because when you have enough knowledge around a particular business, it is better you stick with it , so that you won't put yourself in a very big mess.

 

[Sincerem]

That is the best thing to do because when you have enough knowledge around a particular business, it is better you stick with it , so that you won't put yourself in a very big mess.

As I said earlier , I will not likely have the time to start it from scratch. It would be easier to stick to the one I know. Which will you choose from between both of them presently ?

 

[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

Well that is just the whole issue about the use of binary to do trading,because there is a third party that dertermine how the market will go based on prediction,and that is not actually a trade but more like a game of gambling.