How to Trade Binary Options
Chapter 1 : How to Trade Binary Options
There is now a brand new way that you can make some significant amounts of money through stocks and shares, currencies and also commodities such as Gold and Silver, and this is by trading Binary Options online.
However, there is one major advantage of trading Binary Options and that is you never have to actually purchase the shares, commodities or currencies that you will be hoping increase or decrease in value during any given time period!
If trading Binary Options online has sparked an interest in you then it can be, at first, a rather confusing way of making money, however once you have mastered the way Binary Options work, which will only take an hour or so, you will be able to master trading them and with a bit of skill you could make continuous profits.
With this in mind we have put together the most comprehensive Binary Options trading guides found anywhere online, and via a step by step range of guides we will explain how you can be online and trading Binary Options in no time.
First step of trading is to choose a broker. Have a look at the recommended brokers from here.
Chapter 2: Select Your Trading Assets
When your start tading binary options it is highly recommended to focus your trading on a small amount of assets, like currencies (eur/usd,gbp/usd,usd/jpy etc…) , commodities and stocks.
Trading on limited number of assets will help to learn the trends of each asset and by that way to get more winning trades.
Chapter 3: Decide How Much To Invest
New binary options traders will prefer to trade on small amounts on thier first trades, some brokers will allow to trade as low as 5$ per trade. Of course that your profit will be much lower if you invest this amount of money, But if you want to earn real money with binary options its better to start to invest $20-$25 per trades and increaseing the amount as long your account geting bigger.
Chapter 4: Expiration Time
When the trading closes after the given time, for example after 30 seconds, if it is a 30 seconds trade and you have made the correct prediction(up or down), then you win. An investment of $ 200 with a 90% payout means that you will have made 180 dollars in a few seconds, You can also trade for longer time frames if you want, some brokers even will offer you higher payouts for longer trading time frame
Chapter 5: High Low / Options
In High/Low options you only needs to predict whether the price of the asset is going to rise or fall within a given time. Then you selects Call if the prediction is a rise in price and Put if it is a fall. This are the most simple options to trade.
Chapter 6: One Touch
In this type of option you need to predicts if the price of the asset will touch a specific value before the end of the given time.
Let make a example, the trading asset is gold priced at 1200 on Friday. A trading binary options platform such as Banc de Binary or Finpari can give you two options. The call option; meaning that the price of the asset will rise and reach 1400 at least once in the next week. The put option; meaning that the price of the asset will fall and reach 1000 at least once during the next week. In case you use a call option or a put option and the price touches the specified price then you win.
Chapter 7: Boundary Options Trading
In this type of option you need to predicts if the price of an asset will cross the boundary price or will trade in the boundary.