I was just looking at binary trading after seeing some flashy ads about it although I could see right through the b.s. sales pitches of being a 'millionaire overnight' blah blah blah. I looked into the subject more anyway and saw many people who seemed legit saying you can make some money doing binary trading online IF you work at it and understand trading trends etc. Even then you will lose money at times but your chances are higher of winning with some knowledge.
Many others say these binary trading sites also have replaced the poker online gambling sites and that binary trading is not trading at all and you are doing nothing more than placing bets. From someone here who is maybe experienced with it all.....is it more gambling than trading? how exactly would it work if it is trading and how would knowledge help?
If I was to commit some work towards it and be able to make a few dollars a week with it I would be happy. I really don't believe all these "make 10,000 dollars within a day!" nonsense ads but I am just in a dilemma as to what the truth is about what binary trading really is. Advice please.