Binary options trading is not gambling

Nowadays, binary options are getting more and more popular. Because it is simple, friendly and if done correctly -very profitable. Unfortunately, some people understand the option trading platform inadequate meaning. You might find many topics or headlines through the Internet, whether trading is gambling or not. The answer is simple, clear and one, of course options trading is not gambling. In the article below, several serious arguments will be given.
The financial market is a place where trading might end with two scenarios, 1. A trader gains income, predicting the exact direction of the chosen asset. 2. A trader loses because his prediction appeared not right. We use a term ‘’prediction’’ just because this is the most suitable word, but this prediction is not based on a pure fun and excitement like in casino games. A Trader’s prediction is based on experience, knowledge and is a result of being up to date with the breaking news. You can just simply compare how much more serious is to predict whether the price of crude oil or gold will rise in value or not rather than, doubt call or fold in poker. While trading on financial market you are not making a bet, like in gambling, you are investing your money for expected profit.
By definition, gambling is the wagering of money on an event with an uncertain outcome with the primary intent of winning additional money. You are making bets with the amount you are asking, but you don’t know you will win or not. You are depending on luck. When you are trading on you are depending on your knowledge. Here’s an example to compare, when you are playing roulette, you can  simply lose money because you made a bet on red and the ball ended spin on black, in such a situation you have only thrown your money away. In gambling the only things that are required is to know the rules of the accurate game you want to play and to have an exact amount of waste while playing. Trading on financial market is not playing. You are up to date with the latest information that might affect financial market; you can manage your risk just by choosing the exact amount you want to trade with. The more information you have the higher is the chance to get an easy profit. While trading binary options you might lose your money no one rejects that fact, but trading is a result-oriented act, depended on a trader’s experience and the level of information, and gambling is mostly a waste of money hoping to win. This is the fundamental difference between these two terms. Are you oriented to gain your income? Do you want to be depended on your knowledge? Then no more wonders that trading is the best and the smartest way of it. The binary options platform is not offering you to risk your money and just hope that one day you might win, as a leading platform offers you to be up-to date with the breaking news, analytical reviews and school for beginner traders.

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Dec 31st 1969 18:00. Viewed 0 times.

Share on APSense

Comments