Earn money by trading at home

November 22, 2016 by in category Articles tagged as , with 0 and 0
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Earning money directly from home has always been popular in the UK, but most of the options are pure scam. There are loads of the online companies who will offer you around £50 monthly for filling out the surveys or completing special tasks. Even though it’s easy you waste a lot of time, whilst earning a very small amount of money compared to profits from trading at home. Unless you are younger than 18 years old you should consider earning money by trading at home, no matter what instrument you are going to use, Forex or Binary Options, you will be able to become a pro in around 3-6 months.

Binary options are a pretty simple financial instrument, but you have to acknowledge the risks because it’s very similar to sports betting where you can lose the full amount of your bet. In binary options, you are betting on the financial assets like currencies, indices, commodities and stocks, so we could actually put an equal sign between binary options and financial betting. Therefore, if you are familiar with sports betting, there should be no reason why you are not able to trade binary options. We manage to earn around £50 daily by trading currencies on binary options (a lot of screenshots are available on our Twitter page). Here is our latest trading history list:

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Coming back to the point: you can earn money by trading at home with a small initial deposit and without any economical knowledge. Let us explain the whole principle behind the binary options…

Binary Options is a financial instrument, which allows you to bet on the movement of certain assets for a specific time. For example, at 12:00 you can buy APPLE shares for strike price of 112.52045 with expiration time at 13:00. So, if APPLE stock shares will be higher than 112.52045 at 13:00 you are going to win up to 91% from your initial bet. For example, if your bet was £25, then the profit could be up to £22 from every stake! In the same you can buy/sell currencies, commodities, indices and even Bitcoins, the variety of assets fully depends on the broker you are trading with. The broker is the link between the market and the trader, which provides you with a trading platform and live asset prices. Asset prices come directly from big stock exchanges like NYSE, NASDAQ, London Stock Exchange and many other.

Best brokers in the UK to trade with:

24option – minimum deposit £250, minimum bet £25.

IQ Option – minimum deposit £10, minimum bet £1.

OlympTrade – minimum deposit $10, minimum bet $1 (they don’t support accounts in GBP, only USD).

Make sure that the broker has at least some kind of regulation and is not blacklisted by the FCA (Financial Conduct Authority) regulatory finance body in the United Kingdom. Regulation could be from CySEC, CRFIN, FinaCom or any other European financial commission.

Even big newspapers are talking about traders, who earn their money from home. For example, Mark Dampier, an investment banker at Barclays Plc. advises people to start trading part-time, because it involves pretty big risks.

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“I have met successful traders who are also taxi drivers, nurses, engineers and warehouse assistants who trade binary options at home from their sofa in the living room,” he said. One trader like that is John Perrill, aged 45, who trades early mornings and maintains his own dry cleaning shop later during the day. His interest towards binary options started only about 2 years ago, when John saw an advertisement in the internet. “I thought it was great opportunity to earn some extra money, process seemed fairly straightforward and I made my first trade the next day”. Since then Mr Perrill, from Dublin has lost around £1,000 on binary options, but earned around £5,000. “Just don’t expect to always win. I have experienced loads of ups and downs, lots of tears and laughter,” he said. “It is pretty good opportunity for those who have brains and don’t have any gambling addictions, because in trading you need to control your emotions,” added John. Already for 6 months John is constantly making money which helps him to pay the bills and even go on holidays for a week taking a laptop with him, to continue earning money.

Almost anybody can sign up to an online trading platform from home such as 24option, IQ Option, ETX Capital or IG, with as little as £10.

It is possible to make money by following the moves of institutions and big players, quickly buying or selling stock or currency in reaction, Mr Dampier said.

“You don’t need to know an economy inside out, but follow what is moving the markets and jump on the back of big players moving and any news announcements,” he said.

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Binary Options trading involves high risks which may not be suitable for every person. Never invest money which you can’t afford to lose and make sure you familiarise yourself with the basics of binary options before you start. MrBinary.co.uk is not responsible for any losses, as all our pages should be used for informational purposes only.

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