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How to turn into 10, with binary options? Is it possible - Quora
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Hopefully my story helps others avoid the mistakes I made self, can turn 250 into 10000 binary options. Last summer I decided to learn about the stock market. After three months of experimenting, my account was right back where I started, give or take a few bucks. Content with my summer trading, I decided to take a break from the stock market until I graduated college in December.
Fast forward to January Not only was I graduated and working a full-time job, but I also had recently learned about:. Calls, puts, strike prices. I learned what seemed like everything I needed to know, and I felt I was ready to start trading options. I started by playing the earnings game. Everyone uses NFLX, right? Their earnings are tomorrow. I made 7X my money off that first trade. Wow, that was easy!! FB was next. Everyone uses Facebook Then Chipotle.
Well for some reason, the more money you have, the more careless you become in my case, at least. When I made money, I would be smart with it! NFLX went down quite a bit one day. I had bought weekly puts at market open. Third time's the charm I WILL be smart this time! I was somehow able to time the spikes and dips of SPY that day just perfectly. I did it!!
I'm back! I swore I was done. Until today. I had my confidence built back up from my amazing Tuesday, and was extremely cocky and over-confident. SPY looks like it's heading down. Let's pay off those school loans, baby.
Well, SPY didn't go down. It went up. And I didn't exit when I should have. I'll get it back. I didn't. So here's the moral of the story: be smart and make sure emotions don't cloud your judgement.
Treat every trade as you did your first trade, and don't get sloppy and cocky. Here's my Scottrade 3 month chart if you'd like to see my idiocy. Can turn 250 into 10000 binary options a suggestion. I think one of the reasons I was able to make money is the same reason I lost it all: i was OK with taking crazy risks.
I should have been way smarter with what I had made, but it is an extremely tough mental game to stay smart once you've made some 'superman' trades. But then I would have never made the 10K. It all comes down to what you are comfortable with risking, and how disciplined you can be, can turn 250 into 10000 binary options.
I really, really need to work on the latter, and can turn 250 into 10000 binary options to cool it down on the former. This is basic gambling sense. Gamble with what you are comfortable losing, not with what you prefer to multiply.
This is a great suggestion, and it is exactly the sort of plan I need to follow in the future. The first round of 10K was very, very lucky -- this can turn 250 into 10000 binary options true. However, I think I was on to something the second and third 10K rounds, and if I can keep my "gains" strategy in tact while implementing the strategy you mentioned, I should be much, much better off.
I love people who play that game because I see my portfolio rise during earnings and then it settles again. While people are gambling during earnings I'm writing covered calls to you. Go ahead and call my shares away.
The gamblers have already pushed me into solid returns and the covered calls are gravy. Oh and if the share price falls I am not too concerned as that option has reduced my cost basis and we'll repeat the story next quarter.
I really need to learn stuff like this I'm fairly low risk tolerance but would like to learn how to invest wisely. Damn I've got a lot of reading to do For example.
I borrowed 40k to add a suite to my home. That's a big deal. I have a lot of re-prioritizing that I need to do. Thing is, I want to learn about investing in all its forms, can turn 250 into 10000 binary options. Funny story on the real estate investing too; I wanted to buy an older 4 bedroom house to fix up and rent out.
From all the information I could find, with the current rental market in my city, I would be laughing well, maybe just chuckling all the way to the bank because the rental income on the 3 bedrooms would pay the mortgage and all other costs associated and I'd essentially be living there for free. But instead my parents hijacked my buying decision I was relying on their help for initial investment and I'm stuck in a condo that will probably see negligible increases, at least compared to that house.
But lesson learned, all I can do is save up money and try again. I'm not so much looking for a huge return, I just want some steady returns I can bank in the long run. You are a smart man. Tried to convince my parents to do something similar but they're convinced it would be too much of a headache.
I'm no guru, but I don't necessarily agree with rainman's strategy at least for my tastes. It sounds can turn 250 into 10000 binary options he's diversifying to the max, hedging his bets, reducing risk as much as possible while still investing in the stock market.
This isn't always the optimum strategy. A positive EV bet, iterated enough times, will bring in profit guaranteed. Even if the variance is huge. That's exactly what the casinos in Vegas count on. Now obviously no one can say for certain what investment is going to have a certain positive return.
$250 To $10,000 In One Month - See how to make it possible
, time: 4:10How to turn into 10, with binary options? Is it possible - Quora
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