A history of humor snippet from the editorial business cartoons of the Binary Options News during the month of July, This meme was syndicated by the blog of optionsclick, the service of business news for binary options traders online, on March 1, Sep 30, - Memes and Jokes about Trading and Binary Options. See more ideas about memes, jokes, funny. TOP FOREX WEBSITES The result should device has a to Play Freemium. If you want database with films the profiled company support for large standard schema that. Into your TeamViewer credentials from other.
To be honest, I was shocked to see that a lot of people actually use this strategy and I think the only explanation is in the title: God made a lot of stupid people. And yes, I know that binary options took a big blow and are not as popular anymore, but there are still plenty of brokers offering them and plenty of people still trading them.
This system could actually work, but only if you have unlimited resources… and if you have unlimited monetary resources, why are you even trying to get more? I must tell you, I had a great time when I reviewed it and please read the full review because I know you too will have a good laugh. Thus, starting with a mere 5 dollar trade, by the fourth one remember, the one I will definitely win according to him , I am trading dollars.
If someone indeed had success with this strategy, it was because they were lucky. The results were outstanding and the strategy is still a big part of my trading, with some modifications. However, there are some guys that pretend they trade Pin bars and price action, but when I look at their charts, I realize their trading has nothing to do with the original Pinocchio strategy. I mean, a little modification is ok, but if you clutter the chart with 10 more indicators, you are not trading Pin bars.
The worst part is that when their accounts are busted, they blame the Pinocchio strategy and never realize how far from the original system they are. To read my article on the Pinocchio strategy, click here. Yes, my friends, after the 60 seconds profit strategy, many more came. Do I still need to say that the system sucks? Remember, in the first part of this article, I talked to you about the evolution of a newbie.
The fact is that nobody is born educated in the art of trading, but given enough work, I think anyone can become a trader in the real sense of the word. Well, you also need the right mindset and the reason why I am saying this is because there is a special breed of newbie that will eventually evolve into an idiot and once the years pass, he becomes more confident in his abilities, but in fact, he has learned nothing.
Usually, this is my cue to start laughing…and walk away, remembering what a wise man once said:. I was thinking it sounds good; I like systems that go with the trend. Somebody really dared to call this a system or strategy and another newbiot recommended it to me…. Now, what was I to do? Start arguing with the newbiot…no way. He already had a high regard for himself and he considered himself a seasoned veteran of the trading business.
When exactly do I enter the trade? When do I exit it? How do I confirm that I am in a strong trend? The joke here is that Octal 31 which abbreviated looks like October 31 st , Halloween is equal to Decimal 25 which abbreviated looks like December 25 th , Christmas. Decimal is the base number system that everyone is familiar with. A number system has as many digits as its base number.
That means a base number system 10 digits 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9 and is where it gets its name from decimal, from Latin decimus , means tenth. When you get to a number that is higher than the highest digit, you add another column to the left, so you count like 8, 9, 10, 11, 12, and so on. Octal from the Latin root oct- meaning eight is a base-8 number system commonly used in programming.
A base-8 system means it has 8 digits 0, 1, 2, 3, 4, 5, 6, and 7. When you get to a number higher than 7, you also add another column, so you count like 6, 7, 10, 11, 12, and so on. If we convert the octal 31 to decimal, we end up with To convert the other way, you start with the biggest power of the base 8, in this case you can divide by and get a whole number, then take that and divide the remainder by the next smaller power until you get to the 0-th power.
Then you just combine the digits together. This is a binary joke; binary being a base-2 system. Since it is a base-2 system, it has only 2 digits, 0 and 1. In addition to decimal base , octal base-8 and binary base-2 , hexadecimal base is also used commonly in programming. Since there is always one more bug, the joke says only the third, non-existent method is the only way to write an error-free program. Variables in programming are similar to variables you might have seen in math class, with the difference being that a variable in programming can represent more than just a number.
Booleans are typically stored within a bit, which is the smallest amount of storage in a computer. It holds a single binary digit. Binary, being a base-2 number system, means it can only hold the value 0 or 1. In the case a Boolean, 0 usually means false while 1 is usually used for true. The joke then, is that if you have a Boolean, the most you can be off is a bit, which would just be 0 or 1.
They need to check that what they got is actually a number and not a word or symbol or was left blank. Debugging is the process in which you remove bugs from your program. Since finding bugs and their causes can frequently be tricky, finding them is like finding a needle in a haystack. Tags usually have an opening and closing tag. Mixing the two up is however not, and any good web developer would want to fix.
A function is basically a chunk of code which you can use multiple times. The next line, the open curly bracket also known as an open brace pairs with the last line, the closing curly bracket or close brace to indicate a block of code. Which belongs to whatever came before the open curly bracket in this case, the main function.
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Option or contract gives its owner the right buy asset or sell his. A financial instrument has an important feature - a fixed price over the life of the option. To have a more accurate understanding of this concept, you need to consider an illustrative example. We must not forget that the option is not an obligation to buy or sell goods and other assets. Consider the following situation. A certain person buys shares for a period of time that he has designated for himself in advance.
If he does not want to worry that the stock will fall unexpectedly in price, he can do as described below. The classic way implies the installation of a so-called protective order, which allows you to limit losses. However, there are some nuances here: there is a possibility of such a scenario development, when the order is triggered, and the price after that rises strongly.
Then the owner will definitely incur losses. Scenario 2. Another way - to buy options in order to limit monetary losses. Suppose the shares were first bought at the price R. After that, the owner of the shares acquires the options. Now he has the right to sell shares at their original price whenever he wants. Let the option price, which is called the premium, be 5 rubles. Provided that the value of the shares will increase to r. If the stock will fall in value, their owner will lose everything 5 R.
This is the amount of the premium that the shareholder receives when concluding a deal. When prices go down, the owner exercises the option and has the right to sell shares for rubles. The price of execution of such a contract is called the price " strike ". Here the benefit is obvious for a position protected by binary options. The example clearly shows how exactly to exercise your right to sell shares, the price of which is fixed.
By buying an option, a person acquires the right, but no obligation sell or buy stocks. With regard to futures, the obligation to buy the asset is acquired along with them. Short sale of shares for rubles. American style option contract means that the holder can exercise the option contract at any time after the purchase.
European style An option contract is an option contract that is exercised only after the option expires. Asian style stock options implies that an option can be exercised during its lifetime. There are many speculators in the options market driven by the desire to get easy money. The world's financial markets are developing rapidly and technologies are constantly improving.
Trading instruments are updated all the time. Options are now considered classics. Binary derivatives, which have appeared relatively recently, can serve as an alternative to them. Derivative is a type of financial contract. The parties involved in the transaction have the opportunity to assume obligations or exercise the right to perform certain actions with the underlying asset. Trading and making a profit on world exchanges is carried out through a broker.
Trading in the markets is carried out according to certain rules that players must follow. Broker is a legal entity or company that conducts financial transactions on behalf of its clients: in accordance with the law, individuals are not allowed to play on the stock exchange. By purchasing binary options, you are not buying an asset in the form of stocks, currency or commodities, but a special contract with specific expiration dates.
All operations are performed online. Shoulder effect in trading allows you to achieve greater profitability from transactions. However, in the transaction above, the owner managed to bail out one share from the sale. All the holder needed to purchase was to buy a share at a price of rubles. It makes no sense to compare the rather modest profit of a trader with the one that can be obtained on options.
To make good money, you need to buy a put option for 5 rubles. Such a rapid exit to a high level of income makes traders give up Forex and switch to options. Many people choose options due to the huge number of all kinds of options trading strategies. They can be both defensive and aggressive.
In binary options, as in other financial instruments, the more money is invested, the more there is an opportunity to receive it. We have already written about where to invest money so that it will work and generate monthly income in our issue, but keep in mind that investing in options has one of the highest risks. A person who wants to make money on investments must first study in detail what the basic concepts mean.
Only then will he be able to understand all the possibilities of making a profit using an interesting financial instrument. Since after a detailed study of all the points and subtleties of binary options trading, the future investor trader will know the answers to the questions:. Today everyone can work in the financial market right from home. This activity can quickly increase the family budget capital. Anyone who plays on the stock exchanges can make a decent income from this.
They start from scratch and get things done quickly. Today this is not a myth, but a reality. Binary options are easier to deal with than Forex trading. And if you study the mechanism of trading operations, then there are more chances not only to stay with the money, but also to increase your fortune. Today it is not necessary to look for a job in production. If a person is interested in the possibilities of financial markets, then he can become a successful trader.
Playing on the currency exchange online is not easy, some might think. In the financial market, many people trade shares etc. There are also those who are engaged in ordinary speculation, playing on the difference in exchange rates. Binary options are gaining popularity today. Binary options it is customary to call special voucher After a certain expiration time, it is determined whether it is profitable. In simple terms, a binary option is a bet that can be used in both positive and negative outcomes of the event.
There are people for whom this type of earnings resembles a game of roulette. There is some truth in this, but the analogy should not be completely drawn. The roulette player bets on black or red , and he can only rely on His Majesty Happy occasion. The trader's profit largely depends on the ability to predict and anticipate the further development of the situation.
In the foreign exchange market I have an opportunity predict how currency pairs will behave in the near future. There are special techniques that make it possible to predict quite accurately. Do it in a casino impossible. The state of the world economy today cannot be called stable, which is reflected in the foreign exchange market. Even professional players in the financial Internet market often find it difficult predict anything.
All traders know about the existence of special indicators designed for binary options, but they will not save you from colossal monetary losses if the player himself is not careful. One hundred percent result is not always possible, and it is important to remember this in order not to succumb to temptations.
Take risks, but within reason! There are special broker sites to make money on binary options. For traders, they are trading platforms. Clients can trade online on the broker's website. But some companies ask to install a special terminal for trading.
Among all types of online trading, binary options are most profitable A profitable deal, which will require 1 minute , will bring as much money as in monetary terms, can be equated to the average monthly salary of a Russian. Such a big difference is explained by the position of the trading pair in the financial market and its popularity.
If the trend is pronounced, then the yield will become to decline : brokers will never work at a loss. There is always tough competition between trading floors. The popularity of brokers depends on which of them will offer the most profitable profitability, the minimum commission per transaction, etc.
Of no small importance are also reviews that leave traders about the work of the companies. All professional players on financial exchanges skillfully use the advantage of earning on binary options from Roulette They analyze the market and choose the right one.
A trading strategy is a set of specific rules by which a market participant makes a decision on a deal buy or sell. We found out empirically that with a relatively stable economic situation in a currency pair, fluctuations will have a wave-like character.
At the same time, the frequency of fluctuations depends on the mood prevailing in the market. The ability to predict how the trend will change further is the key to successful options trading. To understand the situation on the market Forex, stock market, etc. Technical analysis implies the ability to work with signals. To work correctly with binary options, must not rely solely on intuition and special signals. It is necessary to correctly use all the available technical analysis capabilities to develop your own strategy of market behavior.
Technical analysis is an assessment of the behavior of a chart. It also includes the study of any factors that influence the choice of the type of strategy. These are referred to as signals And economic news. Fundamental analysis is used when developing an economic strategy.
Market situations are ready-made solutions that need to be properly understood and combined. Elements of technical analysis are present in it, however, the fundamental should be the ability to make a correct forecast regarding the market situation in the near future.
An experienced trader spends a little time on it, while the result will be higher compared to technical analysis. When trading on news fundamental analysis , a trader is required to perform simple actions. He studies important events and their dates. After that, it costs him nothing to appear at the terminal on the days most favorable for trading.
The strategy for binary options for 60 seconds is a standard option, its expiration time is one minute. A high level of unpredictability should be considered. Scalper Is a trader or speculator on the stock exchange. He plays on the minimum fluctuations in the price of an asset and tries to make money as soon as the price movement in the market begins to be observed.
Short term or day trader - a speculator who performs transactions mainly within 1 - 3 days. This period is called in another way the time of an open position. A digital option is a classic type of derivative. To use it, you need to make a forecast of price movements. It is important to be able to predict whether the price will rise or fall after a certain period of time. The option type "speaks" for itself, i.
He has a simple principle of work. The trader will be able to make a profit if the price stays within the specified price range. The second refers to professional types of options. It allows traders to exit the financial market regardless of the expiration date. The bonus program is applied and experienced traders and newbies.
When a trader receives a bonus credited to his account, he can trade with all the funds available in his account. However, it will not be possible to cash them out. If the trader succeeds earn on bonuses fee, he can take it out of the system. When money is withdrawn, bonuses are debited. Participation in the bonus program presupposes the fulfillment of certain conditions set by brokers.
Suppose a trader wants to withdraw money earned from bonuses. He will be able to do this if there is a certain amount of funds on the account. There are brokerage companies that set as a condition the commission of a turnover for a certain amount during trading. Binary options bonuses - great tools to help traders make big money. The US dollar is constantly changing in relation to other currencies that are paired with it, which is reflected in the chart.
To understand where to start for a beginner, the trader's actions in this situation should be reduced to the following:. The trader makes a preliminary forecast, where he assumes a decrease in the dollar rate in comparison with the current rate will occur in about 10 minutes. However, large sums of money, as a rule, usually cannot be earned without risk. Every trader can have ups and downs. A beginner will help to trade successfully binary options by studying possible strategies of behavior in the market.
Following certain rules, an algorithm of actions is developed that allows you to make a profit and reduce the risk of a loss. No risk on the financial exchange impossible make big money. When choosing a binary options broker for yourself, pay attention to the following key points:. Also, the trader is advised to pay attention to whether the broker provides an opportunity to open a minimum deposit and how the customer support service functions.
There are brokerage companies on the market that are profitable for beginners to contact: they are ready to help newly baked traders try their hand at trading binary options without investing your own funds for real money. To enter the binary options market for familiarization purposes, it is enough to open a demo account. Many successful traders work through this binary options broker. And if you decide to trade currency pairs on Forex, then the "ForexClub" brokerage company is the best choice.
To complete the registration procedure, you will need to indicate the country of residence of the person filling out the form and agree to the terms of work with brokerage organizations. A beginner will have to choose a trading strategy that suits him, and a demo account demo account will help him to test it.
This approach has nothing to do with a waste of time: it is a sure way to test yourself and an opportunity to learn how to avoid unjustified risks, which will be useful for a trader in his future work. Often, professional traders also open a demo account, which helps them test the innovations they have invented signals, indicators with a certain period, etc.
The merchant can easily make the necessary adjustments. The operations carried out through them are characterized by high speed. The binary options trading terminal has fields for filtering the asset, execution time, indicating the value, etc. On the left side are available assets that can be easily adjusted if desired. By applying the filter option, you can remove all unnecessary things.
There is a price chart on the right side of the terminal. It is used, first of all, by everyone who has chosen graphic strategies. You can find information about the completed trades next to the price chart. The preparatory stage before starting trading helps the future trader to strengthen his intention to play on the stock exchange. Online binary options trading can be carried out by special terminals.
If a beginner Forex trader is often unable to independently cope with the tasks that he sets for himself, then he is forced to leave the financial market and give up trading. Understand all the nuances at once technical analysis and fundamental not every beginner can do it.
Only experienced traders will undertake to accurately predict the future growth of the rate: a correction or trend reversal may occur at any time. The trader will trade using a special program that is built into the broker's website - terminal You should not think that working with it is difficult: you will not need to learn the basics of programming to start trading.
Using the tips in the picture, you can choose an asset, choose an option for trading, indicate the purchase price, etc. First, a trader must choose a broker company. To start trading, you need to go to the site where the terminal is located.
The terminal displays a chart that allows the trader to once again make sure that the preliminary forecast made by him is not wrong The program provides for the availability of basic settings used for conducting trading operations. A special indicator is displayed here, which serves as a hint. It demonstrates the preferences of other traders. Regardless of the type of binary options trading, there are certain conditions that are common to everyone.
For example, you can take 60 seconds strategy Study a practical guide on how to work, how to trade the market, and get acquainted with the conditions of various brokers. The trading strategies of his choice will help the novice player succeed in the market. So, for example , any beginner will first ask himself questions, but how to make money from rubles. Those who prefer graphic strategies must carefully analyze the price chart.
It is necessary to perform the following actions in a timely manner: recognize a graphic pattern and use it to your advantage. Pattern - the figure that the price draws on the chart. As you can see, when "drawing" a certain pattern on the chart, each has its own characteristics, for example, with a "triangle" it means a continuation of the trend, with a "head and shoulders" pattern, a trend reversal, etc.
Working with charts makes it possible to successfully play and win on the stock exchange. There are many successful and well-known traders who exclusively use charting systems in their strategy. Signal to conclude a deal when indicator strategies a special signal is used by a technical indicator.
Many algorithms are distinguished here, each trader applies his own bundle of indicators in the strategy. Any market instrument, if a trader is going to use it, should be carefully studied. The popular methods include the indicator "Moving Averages". There are curves that are constantly in motion. Learn how to properly track indicator changes. Having dealt with this difficult task, it is easy to determine the moments when the trend direction will change.
The signal for this will be the intersection of the curves. The main thing is to watch the intersection of the curves. When trading binary options, it is necessary to take into account the direction of the trend change. When there is a significant increase in the price, the resulting intersection indicates that changes in the direction of the trend will soon occur - it will begin to decline, and it is better to buy Put options on the received signal.
When, on the contrary, the trend changes to an upward one, Call options are purchased. Setting the period should be approached with full responsibility. The trader must decide for himself how he is comfortable working. The success of your strategy depends on the settings of the period of this indicator. A prolonged period often causes inhibition of the indicator response. Too short a period can result in a lot of false signals.
Most beginners choose indicator strategies. Basically, they are guided by the fact that, as it seems at first glance, this kind of trading is the simplest. However, in reality, everything is different. It is possible to trade successfully using any technical indicator only after extensive experience on the exchange.
If in reality not a single deal was concluded, then no one can guarantee that the trade will be successful. The use of simple strategies involves the use of basic tools that are able to take into account the analysis of the market situation. These strategies are based on important pricing principles. Therefore, the trader does not need to install additional systems for analysis. The algorithms are intended for beginners: they are convenient to use in practice without a lot of knowledge.
As for real trading, you should not think that here the desire to get rich is enough for money to flow to you like a river. Do not grab onto all existing strategies at once. A beginner's task is to catch a trend from which a novice trader can start making money. Trend represents price movement in one direction. Moreover, each subsequent maximum or minimum of the quote must exceed the previous one.
It is important to learn how to buy cheaper and sell more expensive here. An experienced trader can make significant monetary gains. The trend following algorithm works great when the time intervals are large. They can last for months. Successful binary options trading provides further money management , which is also associated with risks and the likelihood of critical losses. The Martingale strategy sounds like double up Its principles were developed specifically for gambling.
Today, many players continue to use this strategy when betting on black or red in the casino. Martingale is used when betting on sports or trading on the stock exchange. By the way, we have already written about how to place bets in bookmakers in one of our publications.
An example of a martingale strategy in binary options. The price at which you need to buy options to get a profit is indicated. Martingale principle - this is an increase in the amount of the bet after each loss. Players are still in the black even after they lose. However, one cannot have too many failures. When trading binary options, Martin is able to effectively cover a losing trade if it appears.
To do this, you need to close the option, which turned out to be a losing one, and purchase a new one, which is the same as the previous one, but costs more. The direction of the planned deal will be the same as the one just completed. There is the following feature here. During the closing of the second trade, the profit gained is enough to more than cover the losses. It also happens that the second trade is also a losing one.
In this case, it is recommended to purchase a similar contract again, but more expensive. A binary option with a profit will cover all your expenses and make a profit. You will need to accurately calculate what the final cost should be in order not to remain at a loss. When buying a binary option, you need to pay attention to factors such as:. Simple arithmetic operations allow you to increase the size of the deposit.
It is necessary that it withstand the drawdown when concluding not one, but several transactions. To calculate how much money is needed to place bets, you need to take into account the cost of the first binary option in a series of transactions. It can be equal to one dollar or twenty-four dollars. Newbies who choose Martingale shouldn't risk it. They should purchase a binary option for the first trade at the lowest cost.
Let's consider all the operations using an example of use. The minimum price for an option to be traded must be one dollar. The asset that is selected should not be characterized by prolonged price movements without corrections. Before the first deal, an analysis of the current situation is required. Different methods are welcome here, however, it is possible to purchase an option at random. If it is possible to make a profit, then the trader enters into a deal again without changing the principle of trading.
A losing first option does not mean that you end up facing financial losses. After the first unsuccessful deal, the Martingale mechanism is launched. As soon as a negative result is recorded, trader buys a new option , which is no longer one dollar, but two. Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear warning sign for potential new customers.
The ban however, only applies to brokers regulated in the EU. This leaves traders two choices to keep trading: Firstly, they can trade with an unregulated firm — this is extremely high risk and not advisable. Some unregulated firms are responsible and honest, but many are not. The second choice is to use a firm regulated by bodies outside of the EU. ASIC in Australia are a strong regulator — but they will not be implementing a ban.
See our broker lists for regulated or trusted brokers in your region. There is also a third option. To be classed as professional, an account holder must meet two of these three criteria:. We have a lot of detailed guides and strategy articles for both general education and specialized trading techniques.
Below are a few to get you started if you want to learn the basic before you start trading. From Martingale to Rainbow, you can find plenty more on the strategy page. For further reading on signals and reviews of different services go to the signals page.
If you are totally new to the trading scene then watch this great video by Professor Shiller of Yale University who introduces the main ideas of options:. The ability to trade the different types of binary options can be achieved by understanding certain concepts such as strike price or price barrier, settlement, and expiration date. All trades have dates at which they expire.
In addition, the price targets are key levels that the trader sets as benchmarks to determine outcomes. We will see the application of price targets when we explain the different types. Expiry times can be as low as 5 minutes. How does it work? First, the trader sets two price targets to form a price range. The best way to use the tunnel binaries is to use the pivot points of the asset. If you are familiar with pivot points in forex, then you should be able to trade this type. This type is predicated on the price action touching a price barrier or not.
If the price action does not touch the price target the strike price before expiry, the trade will end up as a loss. Here you are betting on the price action of the underlying asset not touching the strike price before the expiration. Here the trader can set two price targets and purchase a contract that bets on the price touching both targets before expiration Double Touch or not touching both targets before expiration Double No Touch.
Normally you would only employ the Double Touch trade when there is intense market volatility and prices are expected to take out several price levels. Some brokers offer all three types, while others offer two, and there are those that offer only one variety. In addition, some brokers also put restrictions on how expiration dates are set. In order to get the best of the different types, traders are advised to shop around for brokers who will give them maximum flexibility in terms of types and expiration times that can be set.
Trading via your mobile has been made very easy as all major brokers provide fully developed mobile trading apps. Most trading platforms have been designed with mobile device users in mind. So the mobile version will be very similar, if not the same, as the full web version on the traditional websites.
Brokers will cater for both iOS and Android devices, and produce versions for each. Downloads are quick, and traders can sign up via the mobile site as well. Our reviews contain more detail about each brokers mobile app, but most are fully aware that this is a growing area of trading.
Traders want to react immediately to news events and market updates, so brokers provide the tools for clients to trade wherever they are. So, in short, they are a form of fixed return financial options. The steps above will be the same at every single broker. Call and Put are simply the terms given to buying or selling an option. If a trader thinks the underlying price will go up in value, they can open a call.
But where they expect the price to go down, they can place a put trade. Others drop the phrases put and call altogether. Almost every trading platform will make it absolutely clear which direction a trader is opening an option in. As a financial investment tool they in themselves not a scam, but there are brokers, trading robots and signal providers that are untrustworthy and dishonest. The point is not to write off the concept of binary options, based solely on a handful of dishonest brokers.
The image of these financial instruments has suffered as a result of these operators, but regulators are slowly starting to prosecute and fine the offenders and the industry is being cleaned up. Our forum is a great place to raise awareness of any wrongdoing.
Binary trading strategies are unique to each trade. We have a strategy section, and there are ideas that traders can experiment with. Technical analysis is of use to some traders, combined with charts , indicators and price action research. Money management is essential to ensure risk management is applied to all trading. Different styles will suit different traders and strategies will also evolve and change.
Traders need to ask questions of their investing aims and risk appetite and then learn what works for them. This will depend entirely on the habits of the trader. With no strategy or research, then any short term investment is going to win or lose based only on luck.
Conversely, a trader making a well researched trade will ensure they have done all they can to avoid relying on good fortune. Binary options can be used to gamble, but they can also be used to make trades based on value and expected profits. So the answer to the question will come down to the trader. If you have traded forex or its more volatile cousins, crude oil or spot metals such as gold or silver, you will have probably learnt one thing: these markets carry a lot of risk and it is very easy to be blown off the market.
Things like leverage and margin, news events, slippages and price re-quotes, etc can all affect a trade negatively. The situation is different in binary options trading. There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes.
The binary options market allows traders to trade financial instruments spread across the currency and commodity markets as well as indices and bonds. This flexibility is unparalleled, and gives traders with the knowledge of how to trade these markets, a one-stop shop to trade all these instruments. A binary trade outcome is based on just one parameter: direction.
The trader is essentially betting on whether a financial asset will end up in a particular direction. In addition, the trader is at liberty to determine when the trade ends, by setting an expiry date. This gives a trade that initially started badly the opportunity to end well. This is not the case with other markets. For example, control of losses can only be achieved using a stop loss.
Otherwise, a trader has to endure a drawdown if a trade takes an adverse turn in order to give it room to turn profitable. The simple point being made here is that in binary options, the trader has less to worry about than if he were to trade other markets. Traders have better control of trades in binaries. For example, if a trader wants to buy a contract, he knows in advance, what he stands to gain and what he will lose if the trade is out-of-the-money.
For example, when a trader sets a pending order in the forex market to trade a high-impact news event, there is no assurance that his trade will be filled at the entry price or that a losing trade will be closed out at the exit stop loss. The payouts per trade are usually higher in binaries than with other forms of trading. This is achievable without jeopardising the account. In other markets, such payouts can only occur if a trader disregards all rules of money management and exposes a large amount of trading capital to the market, hoping for one big payout which never occurs in most cases.