Free money no real loss to them to get you hooked, nobody beats Binarys these days odds massively stacked against you. Amazed they let you take any out mind, must of had enough losers it wasnt worth the bad PR.
I could probably turn $1,000 into $100,000 in a year...in a paper trading account, given enough accounts/or attempts Actually, much less than that...if everything goes relatively smoothly...in a much shorter time frame then that. A previous poster said you only need a 2% return in a day, for 120 days -- I can average way more than that. To the basic stock investor-type people here...those returns can seem like science fiction, but if you trade the right thing, the right way...it's possible. But accompishing that in real life is very ballsy, or even stupid. Takes someone...with a black sheep (or swan) personality or mentality -- and skill set.
%% Good points, Simples,not that luck has anything to do with it.Actually common sense can help a lot .The few day traders that made over 100 k or millions did not trade slow; + the much larger %% of investors that do better than 100 k ,took over one year.One big advantage of options or other kinds of trading /investing, is no offense intended, ''lotto is a stupid tax on people that cant do math''
I'm at the stage where I MIGHT be able to hit 100k in a year, it's taken 14years to get there. Main issue is getting the time up $100 today which is okay, especially as I have only spent 20mins trading. Time never enough.
There is one golden rule that used to always keep me in the game. I will share it with you. But please let me know if it is of assistance. Keep track of the time of your trades. Instead of focusing on the prices pay attention to the time. If you can hold winning trades twice as long as you hold losing trades you should at worst break even over the course of 100 trades. That was taught to me by someone pretty well known in the trading community.