You can have profit from buying stocks and from waiting for the value of the stock to grow or to decrease, and then to close the binary position. This way, you will obtain a positive difference, meaning that your binary position will be a winning one. The fact that you can trade binaries for one minute and even for one hour allow you to make many transactions during a single day and thereby allowing you to roll the money several times.
It is possible to make money from binaries even if you are a beginner, but basing your trading strategy fully on intuition is not a good idea, because it will cheat you eventually.The money management strategy is the most important one in this case. When you trade stocks in Binary Options and you are not as experienced as others, a smart method to manage your money will allow you to have comparable results. The money management strategy is something that you should stick to. You are bound to be unhappy when you lose five transactions in a row. But if your money management strategy tells you that you should stop trading for the respective day, then this is probably what you should do.
Trading stocks in binaries is an art. Before starting to trade on a real account, you need to know your qualities and disadvantages. On the demo account, you can overcome your greed, anger and fear, which are the most dangerous enemies for a trader. It is acceptable to make mistakes on a demo account, and this is the platform where you should make those, if you don’t want to make those later, with your real money.