why you prefer forex over options

[Esha.J]

Binary options are an alternative way to play the foreign forex market for traders. Forex takes long time to master and has a steep learning curve. But you are surly going to win at the end.

 

[radex78]

Might certain trader make diversify capital on forex broker and binary option broker, but forex still my choice because still get result from this business although hard to consistent profit

 

[bublu]

As I know in binary only predict asset up or down on certain timeframe but without stop loss

It has no hassles of stop loss, take profit, spread and leverage issues etc. Just need to pick up any asset and start predicting high low with the specific time frame also called as expiry.

 

[radex78]

It has no hassles of stop loss, take profit, spread and leverage issues etc. Just need to pick up any asset and start predicting high low with the specific time frame also called as expiry.

Maybe for trader binary that already having experience they will said binary better than forex, but will different opinion with forex trader, it will better forex than binary, and both in my view is risky, most important if making money whatever we choose on forex or binary

 

[bublu]

I better say that binary options trading might be a good tool to be used for diversifying portfolio purposes only, and this post is not meant for soliciting any offer to join binary trading.

 

[Esha.J]

One of the great things about binary options trading is that you always know the exact maximum gain or loss in advance. which is good for any newbie to start with BO.

 

[bublu]

Even if the risk of loss is known, it is better that the new traders should learn binary trading by practicing demo account for quite some time and once they decide to go live. Try with small amounts to test the broker processes.

 

[radex78]

Demo account is useful not only for trader binary but also forex, maybe each trader have own choice will trade on forex or binary, I think each other have own advantage and disadvantage

 

[Esha.J]

Demo accounts are useful for both market, it all depends on us how we treat demo account and learn from it.Using demo we can learn, very much about both the BO and forex trading.

 

[radex78]

Demo accounts are useful for both market, it all depends on us how we treat demo account and learn from it.Using demo we can learn, very much about both the BO and forex trading.

Often we hear if more than 90% trader get fail as beginner, might they not using demo for learning purposes with seriously or since trade in real account they being mess because weak in psychology trading