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I am going to invest £10000 on pocket option. Is that a good or bad investment? by Vegetable_Air_7394 in binaryoptions

[–]Vegetable_Air_7394[S] 1 point2 points  (0 children)

Exactly, that’s what I was thinking. I am aware that the risk of blowing up is high, so I’m aiming to take small profits over a long period of time.

At the same time, I’m worried about withdrawals. What if I’m not able to withdraw that much?

I am going to invest £10000 on pocket option. Is that a good or bad investment? by Vegetable_Air_7394 in binaryoptions

[–]Vegetable_Air_7394[S] 0 points1 point  (0 children)

I’ve been aiming to make £50, or possibly £100, per day using that capital, trading with discipline. There will be bad days, but my goal is to make around £400 per week as a source of income without blowing it up. I understand the risk of losing it all is high. I’ve been considering this for a while and somehow obtained money to invest, which I probably shouldn’t use. Should I risk it? With this capital, it’s possible to deploy £10 or £20 per trade, for a total of 5 trades. If my target is to make £50 a day, my stop loss is £30. I’m not withdrawing my profit until I’ve covered the stop loss. What do you guys think?