I know bro that you don't harassing me, I wish you too success!
Small Challenge $20 grow to $100
- Thread starter ArmaTrader97
- Start date
I know bro that you don't harassing me, I wish you too success!
no worries about me sending any $ to them
for me, any broker willing to allow someone to trade with $20 is as red flag as there can be. I mean my wires fees used to cost more.
now, the more important topic, if you can double every 4 months, you will have it all within few years. One of the best traders in the world, medallion, could “only” make 40-50% per year, but they did it year over year.
best of luck to you!
You are trading options with a starting account balance of $20.00 USD?
Is this a great world or what?
Break a Leg, Holmes
Show us a trade breakout that you've taken in a way that "non options-traders" will 'Get' your trade?
no worries about me sending any $ to them
for me, any broker willing to allow someone to trade with $20 is as red flag as there can be. I mean my wires fees used to cost more.
now, the more important topic, if you can double every 4 months, you will have it all within few years. One of the best traders in the world, medallion, could “only” make 40-50% per year, but they did it year over year.
best of luck to you!
Probably if I will win constatly they will find way that block me or something like that (Maybe I am wrong) but for now I don't have any problem with them
I agree with you He probably trade forex or stocks etc... because he trade on higher timeframes but with Binary Option if trade 1 min or 5 min or even higher can easily double in 2 month or even earlyer if someone is expert (I am not yet, only average trader) because exp. if you start with $20 and use 5 % of account balance you have fixed payout let's say 70%-80% and if you have 70% - 80% winrate or higher you can do it easily but take a NOTE that ESMA ban trading Binary Option for Europe Traders (can trade only if you are professional trader = maybe you already know but I must write) and also if you don't have 70%-80% winrate can easily lose because odds is not on your side, you trade against broker + you have expiry time.
Thank you for luck (I just give a try if lose who cares it is not big money but I get good expirience)
Hi easymon1, This is Binary Option that is not the exatly the same as classic option trading.
NOTE that ESMA ban trading Binary Option for Europe Traders (can trade on regulated brokers like IQ Option (Regulated by CySEC) only if you are professional trader = maybe you already know but I must write)
I take trade based on my expirience now it is above 4 years trading expirience (I use suppoer and resistence, trendlines, price action, chart patterns, candlestick paternts) I will do some video or images explination trading if I success with this challenge because I am only average trader yet.
Last edited:
Day 2
Today results:
ITM = 6
OTM = 1
DRAW = 0
BALANCE = $26.57
DATE OF TRADING = 08/06/2021
"Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page."
"RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK"
This post is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Today results:
ITM = 6
OTM = 1
DRAW = 0
BALANCE = $26.57
DATE OF TRADING = 08/06/2021
"Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page."
"RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK"
This post is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
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This is still best thing which I read about trading tell me what you think about this https://www.elitetrader.com/et/threads/the-5-steps-to-becoming-a-trader.359313/
By how much do commissions and fees reduce your yields?