It’s hard to make money from binary options. Like many other forms of gambling, it has a house edge that is typically weighing in on the side of the carnie running the game. A person’s success is only going to come when they are lucky in a way that upsets statistical expectations.
Warren Buffett had a great line where he talked about people who invest with such belief, single-mindedness, or conviction that the odds are “astronomically” against them being successful. Those people have a better chance of getting struck by lightning than hitting it rich from binary options.
Binary Options has existed for near 30 years now and hasn’t given trillions of investors around the world everything they are looking for, although you may still find some traders who believe they’re approaching ‘strike