When I first heard about Binomo, I was a 35-year-old plant and machine operator from New Delhi. I had already been working for a leading producer of nitrogen fertilizers for 10 years and was starting to feel burnt out. My job was physically demanding and mentally draining. Even though I had enough money to support my needs, I was always looking for ways to improve my financial situation (who isn’t?).
One day, I overheard some of my colleagues talking about Binomo and how they earned good money trading there. But as any curious human being, I needed to check the platform out. At first, I was hesitant to invest any real money. So, I started with the demo account to practice and get a feel for the trading. Without going outside of my comfort zone, I looked into the stocks of the Fortune 500 companies (which I think is the best place to start), analyzing their financial reports and market trends. I spent hours online, soaking up all the information I could find. Even though I was familiar with the sector, I wasn’t remotely qualified to make judgments about stock prices. I learned about different trading strategies, technical analysis, and market indicators (by the way, my favorites are trend following and a combination of Moving Averages + Bollinger Bands + MACD + RSI).
I started with a few hundred euros, and my first successful trade made a few euros in profit. It may not sound like much, but to me, it was a real victory.
Fast forward to today, and I am still trading. With my newfound income, I was able to treat my family to a much-needed vacation and start squirreling away cash for my dream home. Now it feels like a life of abundance and possibility instead of one of scarcity and limits. I’m not complaining much about my past financial situation – as I said, I had enough – but the change feels immense.