One afternoon a new BMW drove into the car wash. A young man stepped out of the car, he looked to be around 18 to 19. I was always amazed how young people could earn so much money. I said to myself quietly: “What do you have to do to drive a car like that?” But he heard me and laughed. “Binary options” – he said and went away.
Those two words changed my life forever. When I got home, I sat down at the computer and started looking for some mentions of binary options. And so, a month passed: during the day I would work at the car wash, and by night I would read dozens of forums to understand how to use binary options.
I found the Olymp Trade web page and registered on there for free. They let me open a demo account for $10,000 using virtual money, as well as providing free instructions. This helped me a lot in the beginning, when I still didn’t know how to work with binary options and I didn’t want to invest my own money.
On the Olymp Trade web page, all the calculations are done in US dollars I received the payments in US dollars as well.
After two or three weeks, there was $10,000 in my account. The only problem was that this was only some algorithms on the screen, I couldn’t actually withdraw any cash. That was when I decided to invest $100 in my account. I don’t trust some of the Internet web pages, so I didn’t want to risk too much.
That night I didn’t sleep much – I traded all night, then I went to work. And guess what? That night I earned $153! All day at work, all I could think of was binary options. As soon as I got back home, I sat down at the computer, but tiredness got the better of me. That night I didn’t trade much – I earned just $33 and went to sleep. I remember those days well, the only thing that mattered to me was binary options – I would arrive home and start trading right away. After a week, my account had $1220 in it!!! I know, it’s not a huge amount, but this was only the beginning; I didn’t dare trade using large sums of money.
I thought I’d better checkout the web page, so I sent a transfer of all my money ($1220) to a card. An hour later, I received a telephone message saying that the money was in my card! I was happy. After that, I invested $500 in my account and started dealing more boldly. After two weeks I had earned $10,000, and within a month I had left work. After that, I paid of all my debts and for the first time in my life, I took a vacation with my family to rest.
This didn’t stop me trading though, because to earn money, all I needed was a laptop, or a mobile phone with Internet access. When we returned home, I bought myself BENTLEY and decided to write this blog just for you – workers like I was, who are fed up of working every day from morning until night, for a measly wage. Remember that life wasn’t given to us for that. Register now, and be sure to complete the instruction course in the demo account without risking losing real money. Nowadays, I don’t see any real way to earn money while sitting at the computer or telephone, except binary options. After buying the BENTLEY, there was still $27,183 left over in my account. My goal was to earn $300,000 by the summer and buy a house for my beloved family. Good luck everyone, and thank you for your attention.
So what do you need to do to start earning money?
- First, open an account with a broker by clicking here (you’ll need to enter your name, email address, phone number, password, choose the account currency and tick to show your agreement; click Register).
- Step-by-step you’ll be shown 7 tips describing what’s displayed on your account. Look through all the material by pressing «NEXT STEP» after every description.
Now for the interesting part! A strategy for making a profit!
Now that you have an account with a broker, you need a 100%-profitable strategy. It’s recommended to start with the “up-down” strategy – it’s so simple, anyone can understand it and use it!
- First, you need to pick a currency pair: EUR / USD works well here.
- Get ready for your first trade: set a time of 1 minute and an amount of $1.
- Now start trading. You have to forecast whether the exchange rate will go UP or DOWN within a minute after you opened the trade.
With this strategy, you can make any forecast when you start. It doesn’t matter whether you choose UP or DOWN..
- Let’s say you pick UP. Remember that it doesn’t matter what you pick. The strategy works 100% in any case.
- If in reality the chart goes up, as you predicted, you’ll get $1.92 back in your account (instead of your initial one dollar!). Now you have to make your next trade, but this time you should choose the opposite value: DOWN (the amount and time don’t change; keep them at $1 and 1 minute).
- So let’s say the chart goes the other way and your trade isn’t successful. That means you need to raise the next trade to $3 and change the direction of the chart again (i.e. If your last choice was DOWN, now you have to choose UP);
- The chart once again doesn’t go the way you wanted, and you lose this trade too. This is nothing to worry about (remember, with this strategy you always make back your losses!). In order to recoup your losses and make a profit now, you have to increase the trade to $8 (don’t change the time of the trade). Then choose DOWN (as we chose UP the last time).
- Great! That time you chose the right direction and got $15.36 (you made up for your losses and earned more money!). Now go back to trading at $1 and start over again. This time you have to choose UP. That’s why it’s called the “up-down” strategy.
Always change the direction (UP, DOWN, UP, DOWN), regardless of whether your bet is successful or not. Your first trade should always be $1. If you lose, increase the amount to $3. If you lose again, change it to $8. If it happens again, raise it to $18 (personally, I’ve never had to do this despite the fact that I trade every day) As soon as a trade is successful, go back to the original amount of $1 and start over again.