The Financial Roulette

January 3, 2013

For many of us gamblers out there, roulette is the sort of Rolls Royce of the gambling industry. I don’t know why, but there’s just something about the game that makes it stand out from the other games in the casino. For one, the game is very interesting from a visual point of view, with the ball rolling and the anticipation building up before it stops.

However, as we all know, roulette is a game purely based on chance, and the chances of anyone ever managing to keep sustainable profits from the game are extremely low. Therefore, I was glad hear about a new form of “gambling” that is actually quite similar to roulette, in which the chances of making profits are much higher, as there is an element of skill involved. This form of betting is called binary trading, and it’s a form of financial trading that not only is easy to understand, but one of the few forms of trading that is likely to give you a quick profit without risking too much money.

The way binary trading is similar to roulette is by the fact that every bet you make has only two possible outcomes, a win or a loss, much like betting on black or red in roulette. The difference here is that in binary trading you will bet on the price of a certain asset to go up or down within a specific time frame, and this is where the skills comes in. Just like with anything else, you can never predict the future with 100% certainty. However, the more information we gather of something, the higher the chances are that we can make a realistic guess, so in this case, the more you news stories you read about events that will affect the market, the more likely you are to make a profit. There are several sources that offer great inforamtion and binary options strategy guides, one of them is binaryoptions.pm that also offer reviews over some of the most well reputed brokers in the industry. There’s another good binary portal, designed for spanish speaking traders: opciones binarias estrategias.

With this simple format, binary options are likely to open the doors to financial trading for many people. Usually people get a bit scared off when talking about finances as they find it hard to grasp and too complicated for them. But with binary trading, it’s really just as simple as roulette. The only difference here is that you can actually develop a skillset to further increase your chances of winning!

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