Binary options, all you have to know to be successful:
Over the recent years, binary option trading has grown in popularity across the globe. This increased popularity may be attributed to the fact binary option trading is easy to understand and carry out. With each passing day, more and more traders are eager to involve themselves in this profitable method of investment.
Traditional forex trading has become less attractive, smart traders are now engaging themselves in binary option trading due to the many benefits they can derive from it. There is a huge interest in binary option, which is mainly due to the high return rates that binary option trading offers coupled to the fact that it requires only a small level of investment. You can be scared about numbers or systems but trust me, binary option are some of the simplest financial products.
WHAT ARE BINARY OPTIONS?
If we want to know, what binary options are we have to start from the bottom up; so let us analyze the meaning of these words. We have “option” that means choice and “binary” that stands for double or having two parts; therefore a binary option is the choice between two possible solutions. When you buy a binary option, you are investing on a specific type of financial instrument that provides only two possible scenarios. The conclusion of the binary trading process comes on the basis of the final result of a prediction. This prediction can be correct or incorrect and can be made on the trend of several assets.
Yes, because one of the most important things in binary option activity is to choose the right asset. This is the first thing you need to do before making your trade. With binary trading you can usually choose all the assets that are generally applied in forex trading: foreign currency pairs, commodities, stocks, indices, raw material…
DIFFERENT TYPES OF BINARY OPTIONS
There is a number of different types of binary options available for trading, the most common are:
-DIGITAL OPTION: this type of option can be also found by the name up/down option, as well as call/put option. In all these cases, we talk about one single term. In trading with digital binary options your mission is to consider whether the price of the selected asset will drop/rise. What you have to predict is whether the binary option will appear at a higher or lower rate after the expiry time. Various expiry periods are available: 60 seconds, 15 minutes, 30 minutes, 1 hour, 24 hours.
-ONE-TOUCH BINARY OPTION: one-touch binary options let you to consider if the underlying asset will reach a particular level of value that you have predicted in advance. In case the market price gets this boundary level before the expiry time, a trader can earn up to 100% profit on one touch binary option trade. The advantage of touch options over digital option is that you will still win your option, if the market reaches the target price only once before the option expires.
-NO-TOUCH BINARY OPTION: when you trade with no touch binary option, you will be paid once the level is not reached. These binaries are mostly chosen by the high punters, if you get used to its rules and basics, even if you are a beginner, you can trade with them, as well.
-60 SECONDS BINARY OPTION: the 60 seconds binary option is one of the most popular binary trading choices among the audience. The good thing about this binary option is the fact that if the price of an asset goes on a particular direction, you can easily conduct your prediction according to this direction. The interesting thing about the 60 seconds binary option is that the rewards are quite quick, while the payment is performed almost instantly in most brokers. 60 seconds binary options are types of short-term binary options.
-BOUNDARY BINARY OPTION: the boundary binary option is also known as tunnel or range binary option and it is very similar to the mentioned above touch binary option. The two levels are determined and what you have to do is to reach a level, where the asset is somewhere in this boundary in order to be paid. Boundary options are the ideal investment if you are expecting a strong price movement, but are not sure which direction the movement will be in. A situation like this often occurs before scheduled events, such as the publication of important economic data or company’s annual report. Often you cannot be sure, whether the news will be good or bad, and how the market will react to it. All you know is that there will be significant news, and that the market will react to it in one way or the other.
BINARY OPTIONS TRADING EXAMPLE
Minimum deposit and minimum and maximum threshold of investment
One of the advantages of binary options trading over many other forms of trading is that it is relatively accessible for people with small trading accounts. You still need to have enough money to feel comfortable investing without constantly withdrawing from your account, but you do not need thousands of dollars just to open an account and get started trading. The minimum deposit requirements are fairly consistent among binary options brokers around the world; from only 20$ to 250$. While you do not have to invest more money than the minimum amount with any broker, most brokers offer different account tiers. The more money you invest when you open your account, the higher your account tier will be, and the more benefits you will enjoy.
Account holders of larger accounts may be able to withdraw their money more quickly, benefit from account management, and receive trading signals and other personalized trading advice. Generally, you are also offered larger bonus amounts when you invest more money, both as a percentage and as dollar amount. Binary options brokers also set minimum and maximum thresholds for their trades. You cannot just trade as much or as little as you would like. The trade amount cater toward traders with small to medium sized accounts. There are a few brokers that do offer more flexible trade sizes for account holders with more money, but the majority of binary options traders have modest accounts.
Some tips for choosing the best online broker
One of the most important investment decisions you’ll make has nothing to do with stocks, bonds or mutual funds. This crucial decision is picking a broker. There are dozens of companies offering brokerage services on the internet so how can you decide which one is the best for you? There are several critical factors you’ll better consider. First remember that discount is not always a good deal. Consider starting out with a full service broker. They are often better for novice investors who may still need to build confidence and knowledge for the markets. As you become a more sophisticated investor, you can graduate into investing more of your money yourself. Availability is the key.
Try hitting the company’s website at different times throughout the day, especially during peak trading hours. Watch how fast their site loads and check some of the links to ensure there are no technical difficulties. Although we all love the net, we cannot always be at our computers. Check to see what other options the firm offers for placing trades. Other alternatives may include touch-tone telephone trades, fax ordering, or doing it the low-tech way – talking to a broker over the phone. Word to the wise: make sure you take note of the prices these of alternatives; they will often differ from an online trade.
Even the broker’s background matters. Do always a research on the internet in order to find as much as possible about the broker. Check always the customer service the broker offers. There is nothing more exasperating than sitting on hold for 20 or more minutes waiting to get help. Before you open an account, call the company’s help desk with a fake question to testy how long it takes to get a response. Check always if your broker has the Cysec license or anyway is an authorized operator with all the regulatory requirements.
Opening an online brokerage account is a daunting task these days, whether you are an experienced stock jockey or a first time trader looking to test the waters. The web is full of sites promising that their platform is the most affordable, the most advanced or the easiest to use. For many online traders, finding a broker is the result of hours of research, influenced by hundreds of ads and simple, random chance. So, finally, remember always our tips and your search for an online broker will just got a little easier! Happy hunting!
The best strategies for trading binary options
Trading in binary options is one of the most popular trends in the financial markets today. Both experienced and novice traders are rushing to include them in their investment portfolios. Just like any other trading platform or business, you must have a strategy to use in order to consistently be making money. If without a strategy or a tactic to help you trade in binary options, you might as well consider yourself gambling.
Relying on luck is not very safe in trading binary options, as it will eventually not work for you and might end up losing all of your investment. You will need a solid technique that you can use every time, which will help you make the right predictions. Moreover, you need to employ a strategy that you understand well and which consistently increases your chances of winning. Strategies are generally categorized into two groups. These categories are:
-Betting model based strategies, in these strategies, it is assumed that the investor will employ betting strategies, whether they are familiar with financial markets or not. These strategies use several tactics that are designed to increase the probability of winning. Strategies based on the news are the best example in this category.
-Market behavior strategies, in these strategies, the investor relies almost wholly on technical and statistical data that are readily available or that which they have researched and worked on. While these strategies are a bit harder to understand and master, they are the most reliable ones since they are objective. There are techniques developed to help you understand some of the data, such as charts and which will make it easier for a new trader. The most popular strategies to go for are:
-Binary options strategy:moving average periods 50
This strategy achieves gains thanks to the simple moving average indicator always used in online trading and adapted to trading binary options.
-Binary Options Strategy: Bollinger bands + RSI
Two indicators are better than one, this is the basic principle upon which is based this simple trading strategy that exploits the extreme phases of the market.
-Binary options strategy: support and resistance
The supports and resistances are the basis of online trading. With them we can determine the levels at which the price will react in only two ways. There will remain nothing more than following the trend that is created to point to gain a profit.
-Binary Options Strategy:
Long candle The Japanese candles are there in still help once, and even in this case constitute an excellent signal to earn with binary options.
-Strategies Binary Options:
60 secondsGreat trading opportunities are hidden in investing in binary options 60 seconds, which is the right way to use them.
-Strategies binary options:
One touch 550% gain in just one week is not for everyone, but you have to try to figure out how to act. Here is a simple strategy cannot miss this opportunity.
-Binary options strategy:
macro economic data Macroeconomic data, as well as financial news, are essential for an understanding of the price. Some data can, however, be decisive in investing in binary options. Let us see how to make this simple trading strategy.
-Binary options strategy:
trend line DeMark Not all draw the trend line in the same way, with this trading indicator mark out your line trend objectively, thereby taking advantage of the trend reversal points by investing in binary options.
-Binary Options Strategy:
Pivot point The pivot points are points where the price could go up bouncing. By calculating these points, you will find the areas where the investment becomes simpler. Let us see how to exploit them with binary options.
-Binary Options Strategy:
The Double Up Strategy is available on most of the binary trading platforms; this strategy allows you to double your initial investment before maturity.
Our best advice to become a successful trader
Remember that in binary options trading the risk exists. It’s wrong to start thinking that, given the ease of use of binary options, it is only a game and that you can earn easy money, getting rich quickly. And our duty is to warn you though, because if you start to think this way, it means that online trading is not for you. The promises of easy money are in 99% of mere window dressing. We, unlike many others, we want you to take this opportunity seriously, why invest money in binary options is not like going to the casino and play for money at random roulette. There is not a hole binary options let alone them I am not a scam.
Binary options are not an investment for everyone, as demonstrated by the fact that many of those that begin with that misconception to make easy money, they drop out early, losing their money and their time.
In order to monetize effectively by serving of this financial instrument, obtaining profits with continuity and consistency, you should observe three rules that we believe are critical for success in binary trading:
-Be disciplined. The efficiency of an army is given in a manner directly proportional to the degree of discipline which have the soldiers that compose it. Similarly, to be efficient in the field of binary options you will have to give a discipline, a precise organization and to be respected for always. You will have to impose very specific times, to better manage your time, follow the trading strategies so scrupulous and constant. Lack of willpower is the only problem that may hinder your goal to begin earning seriously.
-Do not think about the money. You will have to forget about the money factor. You will say, “sure looks easy,” it’s true it’s easy but you have to acquire the ability to think in percentages. As you have seen the percentages of income are very high, up to 500%, so even if you decide to venture into the world of binary options with an initial capital of € 50 you will not discourage you. With dedication, strategy and policy, you can multiply this sum in the long run.
-Do not overlook the emotional factor never. With binary options, early gains could be high from the start: it isvery important so that you stay with your feet on the ground, and do not let yourself ever carried by emotions. As well as you can gain a lot in a short time, if you do not manage well in the emotional factor, you could also lose everything with the same ease and speed. You will have to stay focused and keep rational, only then you will be able to profit in the long term with the binary options trading.