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eztrader.com review
can someone provide me with their knowledge regarding this website? the risks and anything else.
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Hi there,
A couple of things for you to know:
This is like any other investment situation: The more you know, the better off you are.
If it sounds too good to be true, then it is. Period.
Like any other investment, you have to pick winners. With binary options, you really need to pick correctly the vast majority of the time just to eek out a small profit.
If you have a gift for understanding market dynamics, and can spot trends before others, then you will make money.
If you didn't know what a binary option was before you read it on the eztrader site, then you are going to be losing money. Period.
From their site:
"EZTrader.com allows you to invest in Binary Options.
You can gain up to 95% return in less than an hour
when the option expires in the money."
... which may actually be true... BUT: You can double your money in an hour on any traded market investment if you get incredibly lucky. I don't see that they are selling you anything that can't be had elsewhere.
You have to be incredibly savvy to the markets you are working in no matter what company you use to manage your trading. If you don't know what you are doing, then your odds are MUCH better in a Las Vegas casino.
Here is a youtube video explaining how the math works with eztrader and binary options:
"EZTrader.com Review - Can I make money with EZTrader.com?"
[Link](Mouse over link to see full location)
Please watch that and think about it carefully.
If you want an investment in which it is difficult to lose, look into buying non-numismatic (non-collectible, circulated) silver coins in bulk.
If you had done that a couple years back you would have tripled your money at this point.
The way things are going with the dollar, silver is a fabulous choice in my opinion.
Good luck!
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