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  1. #1
    Solid Member

    How much rofit have you got from Binary Option Business? !!!

    Hello,
    Just recently I stumbled onto Binary Option Trading. And I was instantly fascinated by the potential to exponentially grow my initial investment. My question to all of you seasoned binary option traders is how much do you make in the long term?
    What's your take-home income in a month or in 3 months...or a year?
    I am 26, and I work a 9-5 job making approximately $73,000 a year. I do not have any plans of quitting my career...but I would love to pursue some Binary Option Trading if it is truly profitable and sustainable.
    However, I literally have no market investment experience, technical analysis experience, or trading experience. So I am attempting to absorb as much as I can from the forum, YouTube videos, and books.
    My goal is to study for about 3 weeks, and then give it a whirl. Thanks to any of you who answer my initial question.

  2. #2
    Active Member
    Hi, crimson69. If you have such a job you are lucky to be among the good paid professionals. Most of binary options traders start with very little capital and that is their biggest problem to achieve good results in terms of money. It is absolutely possible to achieve 5-10% per month trading binaries, of course if you are good trader and know very well what you are doing. If this is the case you could invest let say 50k $ and you will have a nice 2-5k cash flow per month which is very good in my opinion with a job which you are doing just one to two hours per day. Of course if you are new to trading you will have to learn a lot and ask the more experienced traders everything you need before starting with such a big sum. It will be much better to start with smaller account of 1-2k and only if you have the results you could increase it, but you have to never underestimate the money management rules.

  3. #3
    Rookie Member

    Unhappy !!!

    Quote Originally Posted by Thomas01 View Post
    Hi, crimson69. If you have such a job you are lucky to be among the good paid professionals. Most of binary options traders start with very little capital and that is their biggest problem to achieve good results in terms of money. It is absolutely possible to achieve 5-10% per month trading binaries, of course if you are good trader and know very well what you are doing. If this is the case you could invest let say 50k $ and you will have a nice 2-5k cash flow per month which is very good in my opinion with a job which you are doing just one to two hours per day. Of course if you are new to trading you will have to learn a lot and ask the more experienced traders everything you need before starting with such a big sum. It will be much better to start with smaller account of 1-2k and only if you have the results you could increase it, but you have to never underestimate the money management rules.
    My personal opinion: Unless you have a good discipline and good MM skill, otherwise Binary Option is not a profit making machine

  4. #4
    Junior Member
    Hi friends I am trading over one years with a binary broker. And I am making around 5% profit every month. I am agree with Daeve31591 because you must be a hard worker and disciplined. One can not be a successful in binary market without patience and working hard.

  5. #5
    Specialist Member marvel's Avatar
    Quote Originally Posted by rachel89 View Post
    Hi friends I am trading over one years with a binary broker. And I am making around 5% profit every month. I am agree with Daeve31591 because you must be a hard worker and disciplined. One can not be a successful in binary market without patience and working hard.
    Great Rachel!
    If you make these 5 percentages steadily month after month you are really a good trader. I am still learning and have some months with 10-20% and some with minus 10% but if recapitulated I am satisfied with my progress.

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