The Binary Options Experts Urge Millennials to Become More Confident Traders
New York, USA (PRWEB) August 06, 2013 -- Who’s afraid of the stock market? The members of Generation Y, that’s who, according to recently published results of the MFS Investing Survey. The survey revealed that 40 percent of the people who were born in the 1980s and the 1990s – collectively called Gen Y or The Millennials – have agreed that the following statement as true: “I will never feel comfortable investing in the stock market."
Analysts say there is a solid explanation behind the fear, hesitation and distrust among the people in this age group, who are typically entering their prime earning phrase by this time. Unlike their more optimistic parents who saw progress after much hardship, the Gen Y-ers woke up to a world where major economic catastrophes happened: the dot-com crash, the housing bubble, two global-wide recessions, national near-bankruptcy, widespread social ills, poor unemployment and an overall sense of high volatility.
Leading investment consultants from The Binary Options Experts believe that the bleak view of young adults towards investing may be understandable, but it should be a goal to help them start looking at building their life savings with a more optimistic (and realistic) perspective. According to the firm’s trusted binary options strategy specialist: “The Millennials are losing a lot of money-making potential because of their stock market trauma. Making wealth starts with the right mindset, but how can you develop this amidst an economic environment that’s highly unstable almost ever since you were born?”
A recent infographic posted on their blog entitled “Choosing a Mentor,” offers this thought-provoking advice on surrounding yourself with the right influences: “You and I are being molded and mentored by someone or something every day, and that can work for you, or against you. Be careful who you allow in your life... determine whether or not their advice will lead you into success in your business, finances, career and relationships."
Another way to build confidence to invest is to choose trading platforms that have been proven to deliver high returns regardless of market direction. The Binary Options Experts analyst says you could make money with binary options at a rate of as much as $2 million in five years but it will depend on the trading plan and strategy you follow. Their blog post entitled “Making Millions With Binary Options Trading” emphasizes the importance of the right trading framework and the right attitude. “You can become a binary options millionaire using the lowest possible risk. Be patient, be disciplined… by keeping your risk low, you have a much better chance of reaching your goal of millionaire status,” it said.
The investment consultant says this method of trading is increasingly becoming popular because of its simplicity, affordability and profitability, especially if the investor is careful about choosing the most reliable binary options trading strategies for wealth building. The Binary Options Experts team offers this one last bit of insight to urge the Millennials to claim their place on the trading floor: “Binary options strategies are helpful in moving odds in your favor as they decrease the amount of risk involved and increase the probability of a profit. The right binary options strategy is what a trader needs to make the right prediction or guess about his trade.”
Reference:
http://www.marketwatch.com/story/why-generation-y-fears-the-stock-market-2013-07-24
The Binary Options Experts, The Binary Options Experts, http://www.binaryoptionsexperts.com, 1 888 994 5550, [email protected]
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