How do I get started with Binary Options?

[MobsGreenArrow 7]

I'd also like to know what I can do to get into the market/business of this; if anyone has an idea or is willing to point me in the right direction, I'd appreciate it.

[WorldThor 8]

How do binary options actually work? Is it similar to gambling or something? I'm really not sure how they work.

[desky 60]

to learn at least a little so that the entire deposit is not lost in a couple, and so, in principle, nothing complicated

[bowerzcr 16]

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[GeekyRedstone 58]

Many people believe it is simple and easy, but it is not; it is a long journey

[debetrayed 44]

Binary options aren't as popular as they once were, and have been on the decline since around 2013-2014... If you're still interested, watch some YouTube videos, open a demo account with a broker like Pocket Options, and start practicing. The best times to do so would be during the New York (8:00 a.m. to 12:00 p.m. EST) or London sessions (3am-11pm EST)

[zcxpleasant 23]

To begin this type of activity, you must be well prepared; only then will you be able to enjoy your work while making a good profit

[FreakNether 7]

go through training to get started, trading is not a case where you can earn money without knowledge and skills, doing so will result in a loss of money

[SideshowGriefers 66]

You have nothing to do here if you don't have any training; you'll just waste money and time

[TheEnd 28]

If you don't understand something, don't try; always learn before you begin.

[CreeperWolverine 26]

Each of the modalities has advantages and disadvantages, and I believe you should choose the one that best suits you.

Binary Options is the ugly duckling of the family, and regardless of whether it is betting/gambling or not, it does work if you have a well-trained psychological and follow the management to the letter. Furthermore, the way to make money is very fast, but the chances of losing are very high; it's like the Ferrari of the financial market and Forex as a regular car; you arrive at the same place, but at different speeds, and with Ferrari (due to speed), the chances of a "accident" occurring in the middle of the road are higher.

I'll tell you about my personal experience, but don't use it as a model to emulate. I began with Binary Options, but after raising a sum, I switched to Forex because I was tired of the emotions of the binary market, which requires a very strong heart hahaha.