Treat your binary options trading like a business and it will pay you like one

So, you have figured out some simple strategies to make some binary options trades. But can it really be a way to earn a living online? You better believe it! Not just because it can, but because if you don’t think it can be your main source of income, it might not happen to you.

See, trading binary options is just trading. Trading with a new spin, I admit. A simple twist that many traders have been looking for! I’ve been preaching “Keep it Simple” for years. Digital options make it more possible than ever. They are simple by nature. You can add some twist to your trading (and you should, in my opinion) with spreads and strategies, but the truth is, you only have to choose up or down.

You could say that is true for any type of trading. However, the typical trade goes on and on. Binary options expire. So the trade has ended at some point. With stock trading, for example, you could hold those stocks for years in most cases (unless you pick a real flop going out of business). The same goes for forex, futures, and other markets. Options expire, and most binary options expire every hour.

Because this relatively new type of option contract is not governed by Wall Street, many seem to think that it is a scam. Personally, I’m glad Wall Street doesn’t have its toe in the pie! That makes binary trading even more attractive to me.

You can be sure that the financial giants are watching the industry and wanting to get their hands on it! I hope it will be in a few years. Also, with the network in the picture, we may have offshore binary companies that will never bow to Wall Street. Hats off!

If you and I treat our business income like a business, it will pay off as such. A company has a business plan. Do you have one as a merchant? Ought! If a company strays, you can look at their plan and see where they failed. You can do the same as a trader. And yes, you can do it with binary options, just as well as any type of trading, maybe better!

So don’t let Wall Street or those who say otherwise tell you that you can’t make a full-time living online trading binary. Can! Just the other day I was on a site where the best binary trader for that day had won over $20,000. The second place trader is up over 17k during the day. Third place was just under 13k. YES, these are DAILY figures.

You don’t have to be a top dog to make a living out of it, do you? A few hundred a day would change the lives of many people. It can get there pretty quickly, and you can open your account with just a few hundred dollars (try doing it on Wall Street). So, what are you waiting for. Why not start now? Don’t forget to treat it like a business, because it is. A real deal you can take to the bank!

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