Trading Binary Options for Fun and Profit: A Guide for Speculators

by Jose Manuel Moreira Batista

Binary options trading attract thousands of new people every day with the prospect of making humongous profits in a question of minutes.

Lured by its simplicity traders jump in with both feet and thousands of dollars. Most of them lose them all without ever realizing what happened. A lot return after a while with even more money just to get crushed once again.

It is true that you can make money trading binary options but first you have to understand that the system is completely stacked against you. Otherwise you are really better off heading straight to Vegas: you’ll get better odds!

To win you must know how to develop winning strategies that give a long-term consistent edge. Also, you also must know how much to stake on each and every trade you make.

This book is a step-by-step easy to follow manual that gives you the practical knowledge you need to trade binary options profitably.

Written by a veteran trader with a passion for teaching and zero tolerance for empty promises you will not find magic bullets or infallible systems touted in this book.

You will get to know how to develop trading strategies; how to know if a strategy should be traded or not; how to use a trading platform as your free research assistant and trading signal provider; and how much money you should risk in every trade you make.

A lot of the technique and methods this book covers are also applicable to trading the stock market, the forex market and even to sports betting.

147 pages, Kindle Edition

First published October 12, 2013

About the author

José Manuel Moreira Batista is a private trader and investor and manages private concerns. After graduating in Business Administration in 1982 he did a stint in the Air Force and then went on to hold executivepositions in several multinational corporations until 1999.

That year he left the corporate world and started the management consulting and training company that he still owns today. He also taught university courses in Corporate Finance, Financial Accounting, Cost Accounting and Real Estate.

As an early display of his uncanny market timing he started trading the stock market in 1987. In case you are wondering, he did not lose money in the crash having been lucky savvy enough to exit all his positions a few days before Monday, October 19. He kept actively trading, studying and researching throughout the years.

In 2013 he published his first book, Trading Binary Options for Fun and Profit: A Guide for Speculators which was followed by many others mainly focusing on trading.

His results-oriented books and courses blend experience with a sound theoretical foundation to deliver practical, easy-to-follow knowledge that brings immediate benefits to readers and students.