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home how it works faq about us call us on: everything you need to know about binary trading options despite the growing nature of binary option as a good investment opportunity, it still remains relatively unknown. this trend will not continue for long as there is the tendency for the popularity of bitcoin trading option to rise. why such optimism? the business is devoid of any complexity, although it has its own risks. it is also rewarding, a fact that investors in the business know from inception. that raises the question: what is a binary trading option? simply put, binary trading is a business investment where different “binary” options are traded. in the event of a successful trading, the trader will get a fixed return. the trader stands the risk of losing all his investment if the business fails. you can trade any asset through binary trading. this includes some commodities such as stocks, oil, foreign exchange, or indices. these are some of the options you can trade via binary trading. you should never get into debt when trading binary options but if you're going to try to find a loan, particularly with bad credit you might want to try creditpoor.co.uk which has a softsearch credit checking system which wont go on your credit file. why is it called binary option? this is because the business transaction adopts the simple “yes/no” or “up/down” principle where you have just two options to choose from. in this case, your options are whether an exchange rate will rise or drop or if a stock will appreciate or depreciate in value. this is the real definition of the “binary” involved in the business. that said, the only question is now when the binary option will become effective. the time frame is usually undefined. it could be within a short period of time (which can be 30 seconds) or some months or a year. this makes binary options a very simple trading idea, although the risks can be very high. the same can be said of the reward too. a successful transaction can fetch a trader a return on investment that can range from 70% to 95%. this return will be paid within a couple of minutes after the transaction has been settled. that is the beauty of the reward. the consequence of failed transaction can be high too; a failed transaction will lead to loss of full investment of the trader. it is either you get all in the transaction or you get nothing. no wonder they are called fixed return options or digital options for this very reason. the strength of binary option lies in its simplicity. this gives it the benefit of being used as an investment option that can be used to drive your finances. binary options have different trading strategies you can use. each of the trading options is designed to address a specific need in the binary trading. binary options trading strategies to be a successful binary options trader, you must know the best trading strategies that will help you to minimize your risks and increase your rewards. the success of binary options depends on the effectiveness of your strategies and how you use them to make profits regularly. you need an effective method that will guarantee you more win than loss if you want to trade binary options successfully. the method must also give you a payout that exceeds your losses. but the number of wins may not adequately take care of losses; you need a strategy that will promise you more than that. you need a strategy that will drastically reduce your chances of losing in the business. the principle behind sports betting is used here also. the principle is expectancy. in sports betting, the players expect the outcome of a bet to match their expectation to assure them a win. a binary options trader expects the result of the trade to correspond with his or her predictions. this is where the services of a reliable trading strategy are needed to help the trader identify circumstances and trends that are often repeated which can lead to making profitable expectancy. for instance, you can make your prediction like this: if the value of an asset has fallen for three successive times, you can predict the outcome of the next trading by opening a call option. that’s how simple it can be although you can sometimes have more complex strategies. nevertheless, the simplest options seem to bring the best result. types of trading strategies there is a wide range of trading techniques you can use to know a binary option strategy. these are just two of them: 1. charting and technical analysis: this strategy usually comes first when binary options strategies are discussed. this involves analyzing some technical indicators such as graphs and others. the pricing chart contains many patterns and trends that can be used as effective binary trading strategies. you can use the technical analysis to gain a useful insight that will help you make the right trading decision that will increase your chances of making a successful transaction. 2. fundamental in any trading or investment, one of the prerequisites is to analyze the fundamentals. binary trading is a bit different from other investments or trading because it has a very short time scales that are not conducive to using the fundamentals as a means of directing price in the direction expected for success. does this render the study of the fundamentals as useless and a waste of time? no. from this study, you can still find some useful binary trades which can be a potential factor in making successful trades. to increase the efficiency of this strategy, quite a good number of brokers now set an expiry period of one or two months for this trading strategy. what are the benefits of having a good trading strategy? let’s discuss these. the benefits of a good trading strategy some of the most difficult decisions that most traders face are the choice of a trading platform and the right time to trade. with a good trading strategy, these problems can easily be overcome. since trading relies much on timing, a good binary trading strategy will lessen the amount of guessing a trader has to do, especially new traders who may have decision-making at the entry and exit points challenging. good strategies also offer the following benefits: they encourage discipline. money management becomes easier. it enhances the chances of a trader to make accurate predictions. it makes making profit a lot easier than if done without a reliable strategy. newbie traders will benefit from good strategies if they can use them to build their own trading strategies. the constant analysis they do will afford them the opportunity to master the art of trading give them the necessary experience to identify unrealistic riches offered by someone with a crazy trading strategy. it will also guide them against using expensive software to trade. without a good knowledge of trading strategies, they will fall prey to these problems. how to trade binary options trading binary options is not a rock science. remember, its simplicity is one of the major strengths of this business opportunity. you can trade binary options online through brokers. ; you can use mobile devices or dedicated websites to trade in binary options. there are different trading platforms but with common features. it is typical of a broker to offer you demo accounts to give you an idea of how trading on your platform will feel like. regardless of the device or broker you use, follow these simple and short steps to start trading in binary options: select an asset you want to trade such as facebook share price, gold price, pounds/dollar exchange rate and other assets of your choice. identify the expiry time of the option, i.e. when the option will end. you can choose from 30 seconds to a year since the time varies. after doing all these, determine the size of the investment or trade. you need to be cautious here. since you can lose all your investment due to a single prediction error, take your time and appraise your trading power before you stake a claim

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