featured11 - Optional Millionaire: From Serving Tea to Dealing Traders

Optional Millionaire: From Serving Tea to Dealing Traders

He was once a staff at Maccy D’s, serving tea and accommodating customers for a living. That and he needed the money for college. Little did he know that he was about to make a big transition. From serving the needs of financial traders and binary option hustlers, this 16-year-old made a quick turnaround. He’s now one of the people that he used to serve.

Meet Robert Mfune

Robert had a dream which started early—he used this dream to get a job at the local fast-food and food store near his college to get by. Diligently, though, he was an A student. He used this to study up on financial options and binary trading. He was also a keen student; never one for being shy, he caught up with the people he served, asking them for tips about trading and the market he would one day become a part of.

Rough Life, Rough Start

It wouldn’t be a cakewalk for him, however. Aside from studies, his part-time jobs kept him busy and he had to juggle everything. He managed, however, to create an account to trade under by using his mom’s age; that didn’t work, however, as there came a point in time when even his mom told him to stop it. It seemed that his dreams were about to be dashed when that happened. He had to improvise, and so he did.

It wasn’t easy, though, even though he was friends with a few traders; while he worked part-time at fast foods, he also lost big at trading.

Perseverance Pays Off

When he turned full-time trader, however, things changed; by 19, he was the primary provider in their household. He managed to have a collection of properties under his name. He also manages artists on the side—Novelist is one of the artists under his stable. To top it all off, the once-struggling college student managed to buy for himself a gold-plated Bentley, a custom-made vehicle.

It All Pays Off

Robert credits his success to learning and learning big from his experiences. He says it’s not all smooth sailing and that you have to suffer big to earn big. However, as he reiterates, the key is to never give up even if it doesn’t look good at the start. Perhaps, it’s these experiences that enabled him—and especially his mom—to stay down-to-earth in spite of his financial success.

It’s not all smooth sailing. People will always be envious of his success, and he’s proven that one time when he was driving. However, having friends that were with him when he was at the bottom still around keeps him grounded and determined both at the same time.

featured10 - Binary Option Stories—The Truth About Binary Option Millionaires

Binary Option Stories—The Truth About Binary Option Millionaires

Binary option stories will always be a source of inspiration for people who want to get rich. They want to get big bucks and are into getting rich quick. However, it’s safe to assume that they will also listen to sound advice. No suggestion is better than being told that success stories such as this just don’t happen overnight—as most of these stories will prove, they happen over time.

Avoid the Lies and the Scams

31 - Binary Option Stories—The Truth About Binary Option Millionaires

Most stories will start with people getting rich overnight, but let’s face it; no one really gets rich overnight, nor do they quickly reap the benefits of their risks. Even the millionaires who managed to become rich will tell you that it takes years of practice trading and lots of time perfecting their craft to achieve financial stability. You need to take this into heart the moment you decide to trade and envision doing it for a living.

Fail, but Learn from It

32 - Binary Option Stories—The Truth About Binary Option Millionaires

Authentic stories are far from those that say getting rick quick is possible; it will often feature failures, but it will also feature turning adversity to success. How do you do this? Failures are lessons to learn from. It’s true while you’re studying and it’s also a reality when you’re learning to trade. Trading is something you should learn from anyway, so you should take your time and become successful by becoming a student of the deal.

Don’t Splurge

33 - Binary Option Stories—The Truth About Binary Option Millionaires

Many neophyte traders will make the mistake of betting more than they can actually spare on binary options in the hopes of making a steal. However, even the best of them have learned to have a definite budget which they can spare. Most traders will, on an average, trade about 2.5% of their profits. That’s already a big amount than most traders are willing to part with. Even when trading, your success hinges on the money you manage to save.

Sometimes, Luck Plays a Big Part

34 - Binary Option Stories—The Truth About Binary Option Millionaires

While most success stories are the result of diligence and playing it safe, quite a few of them are freak coincidences and, generally, just people being lucky. It doesn’t mean that these people didn’t practice diligence and saving up on their trading—they just got the better deal again and again. You should learn to look through the lines and figure out when a story is based on sheer luck or it’s based on the fact that you should play it step by step.

Most people who got rich quickly doing binary options had the benefit of a surprise windfall of circumstances happening one on the top of the other. Remember to always play safe—listen to sage advice and don’t put all your eggs in one basket.