I know that the Forex is quite a lot risky, but if you wanna make some good money online, you need to take those risks and harness them into rewards.
I have never heard that things. I binary is for those who are almost a gambler because it works like that.
Yeah, the binary may be sometimes an easy way to deal in with Forex, but the best way would be to make money to deal with the Forex Trading.
I have never traded the Binary Options so do not have a good knowledge about it. But Forex can be a good work if you are having skills for trading.
Even, I have never traded with the Binary Options, but I have heard from many traders that it is quite easy to deal within. Let's concentrate in the Forex Trading also.
Binary options are BS. They should be relegated to the room-of-doom that penny stocks are currently, here on ET, @Magna @Baron agree? Seriously, they are just super bad. Should be banned from discussions and what not.
Are we talking about the nature of this product or the "players" in it??? As a type of product they are like very short term bet.. just like horse racing betting.. nothing wrong as such (depending upon your countries regulatory framework and how the majority thinks about "Betting" etc) .. the issues are more about the unregulated nature of this so called "Industry".
Though the Binary Options are quite easy to trade than the Forex Trading, but it couldn't yiled you as much as the Forex do.