Binary Options Trading Guide
Binary Options is a way that anybody can profit from movements in value from a dynamic and wide range of shares, stocks, assets and commodities and Forex. The main reason why these kinds of financial trades have grown to be so popular is due to the fact that traders need to just make one of two potential decisions when they place their trades, of yes or no. In Binary Options trading, this decision is referred to as Call or Put trades.
You are not required to actually buy anything (gold bullion, for example) if you are wanting to make a Binary Options trade based on what the value of gold is. All you need to do is make a decision whether gold is going to rise in value or drop in value over a certain period of time.
One main advantage of making Binary Options trades is there are a range of various expiry times that are available, from as short as 60 seconds up to one month maximum.
If you are a new Binary Options trader, then our ten step guide below will teach you everything you need to know about making Binary Options trades with one of our feature Brokers.
Once you have had a chance to read through our guide, we are very confident that you will have the ability to place various online Binary Options trades either using real money or starting with a no risk demo trading account.
1. Type Of Binary Trade To Make
The very first decision that you need to make when you are considering placing a Binary Options trade is what type of stock exchange, commodity or other asset you want to place your trade on.
After you have made your decision on what kind of stock exchange, commodity or other asset that you want to place your trade on, you will then need to make a decision on which way you think the value of your trade will move.
For example, if you believe the value of oil is going to fall, then you would place a Put option. On the other hand, if you believe the value of oil is going to increase, then you would place a Call option. Continue reading “How to Trade Binary Options”