I’ll tell you a little about myself. Poverty – that’s how I would describe my whole life. My parents lived in poverty, I never went to university. After finishing school, I went to work at a car wash. When I was young, my salary was sufficient for me. But when I got married and my daughter was born, I started getting into serious financial problems and permanent debt. What to do – I had no idea; the debts were mounting but I couldn’t quit the job because it was my only source of income.
One afternoon a new Porsche Panamera drove into the car wash. A young man stepped out of the car, he looked to be around 23 to 25. I was always amazed how young people could earn so much money. I said to myself quietly: “What do you have to do to drive a car like that?” But he heard me and laughed. “Binary options,” – he said and went away.
Those two words changed my life forever. When I got home, I sat down at the computer and started looking for some mentions of binary options. And so, a month passed: during the day I would work at the car wash, and by night I would read dozens of forums to understand how to use binary options.
Binary options are a revolutionary way of earning in the financial markets, which is very straightforward, quick, and extremely lucrative. You probably know that financial markets are venues where currencies, such as the dollar, the euro, or the pound, are traded 24/7, i.e. with no breaks or days off whatsoever.
What you need to do is just open a free account on a binary options website (a broker website), then make a deposit, select an investment amount and predict where the price (for example, the US dollar exchange rate) will go in a few minutes or hours.
There are only two options available: High or Low. The trade may last for any time from 1 minute to 3 hours (the expiry time), and you may select any time frame in between. If your prediction is correct, your investment amount is nearly doubled; if it is wrong, well, you just lose your investment amount.
So, this will actually be your job if you follow my instructions. This is called 'trading', and a person who works in such a way is called a 'trader'. As a trader, you can work any time wherever you are, all you need is a computer with stable internet connection. As you see, it's pretty straghtforward, even a 10-year-old would understand how it works!
I found the Olymp Trade web page and registered on there for free. They let me open a demo account for $10,000 using virtual money, as well as providing free instructions. This helped me a lot in the beginning, when I still didn’t know how to work with binary options and I didn’t want to invest my own money.
On the Olymp Trade web page, all the calculations are done in US dollars I received the payments in US dollars as well.
That night I didn’t sleep much – I traded all night, then I went to work. And guess what? That night I earned $153! All day at work, all I could of was binary options. As soon as I got back home, I sat down at the computer, but tiredness got the better of me. That night I didn’t trade much – I earned just $33 and went to sleep. I remember those days well, the only thing that mattered to me was binary options – I would arrive home and start trading right away. After a week, my account had $1220 in it!!! I know, it’s not a huge amount, but this was only the beginning; I didn’t dare trade using large sums of money.