Financial Trading

Posted in Finance on January 24th, 2013 by admin – Be the first to comment

I had never really thought about financial trading until recently, when a friend of mine started talking about it. I’ve always been interested in online gambling, and i really like the thrill of betting money on things, but never saw myself as some kind of financial investor guy. Mainly because i didn’t know alot about it, to be honest. When you watch the news on the television and the financial news come up i generally had no idea what they were talking about and i wouldn’t be very interested. I’ve never really bought or handled any stocks apart from the ones that my parents bought me at a young age.

So how did i became interested in this then? well, as i said earlier, my friend told me he had started trading online using a method called binary options. I was mildly surprised as i didn’t know he was into that sort of stuff, but he then told me that binary options is pretty similar to certain casino games, such as roulette. What you do is that you pick a asset, such as a stock or a currency, but instead of buying it, you bet on whether the asset will increase in value or not. You will then get rewarded if you’re right, and lose your money if your wrong. If you think of it, it’s not much different from betting on black or red in roulette. The difference is, however, that in binary options trading you can actually increase your chances of winning by doing some research before you place your bet, which is something that is impossible in roulette, for example.

He showed me a site called Binary Options, where i learned most of the stuff that i needed to know about trading, before i actually started to trade. If you are a spanish speaker, there is a similar site called Ganar Dinero Opciones Binarias which you can visit if you would like to learn more about this.

When i started getting comfortable with trading binary options, my results started to get good and i actually started to make some money off it. The more i won, the more interested i became, and soon i also started trading on the Forex market, which you can read more about on Forex Trading PM. On the forex market, the idea is to buy a currency at a low price, wait for it to go up in price and then sell it for a profit. Again, you have to be careful to research the currency before you buy it, so that you can make a good decision of whether the currency is worthy to buy or not.

I understand if you think it sounds like it’s really hard to trade on the forex market, but it’s really not that hard to learn! Try reading a couple of articles on, which is a great place to start if you would like to learn the basics of forex trading!