This article is about binary trading from start to finish , i will be able to try and teach you everything that important and you would like to understand about trading binary options.
A binary option allows traders to open Put (Sell) and Call (Buy) orders on currency pairs or other Forex trad-able symbols.
The main different between Forex trading and binary options trading is expiry time, you can’t Exiting a trade before expiry time, But a couple of binary options brokers allow the trader to shut his/her position before expire time if his/her position is in profit he won’t lose his or her entire investment but if his/her position is in lose he/she will lose.
Another different between Forex Market and binary options is Reward/Lose ratio on binary option reward and lose ratio is fixed.
And in binary options there’s no any leverage for traders.
All you would like is predict the market directions and open your Put or Call orders.
as an example you’ll trade on EURUSD on Closeoptions.com
Trading EURUSD with an Up / Down Binary
Let’s check out an example of an easy All-or-nothing binary trade so you’ll understand how they work.
After the end of Expire Time you’ll See your Trading History.
When you open your orders with Closeoptions.com you’ll get your fixed return.
It doesn’t matter what proportion EURUSD or other tradable symbols closed above your call order price or bellow your put orders price.
Your payout is fix,
Also It doesn’t matter what proportion EURUSD go against your position your lose is fixe and can not increase like Forex Market there’s no call in Closeoptions.com
that’s important reason for several people to trading binaries and that they will absolutely love binary options trading.
There are another important reason to trade binary is you don’t need leverage in binary options trading there’s no different for trading on GBPUSD or GOLD or EURUSD and etc. because margin isn’t important.
How Make Money By Binary Trading?
The simple answer is, to form money you’ve got to form the proper decision between Put and Call orders.
However, to win and make money consistently you ought to develop your trading skills, improve your trading strategies and learn trading method.
To find the winning technique you ought to takes patience, courage, analysis and an understanding of what you would like out of your trading activity.
When you learned basic information then you would like to practice it.
How to get start trade binary options?
Follow these steps:
- Open demo account on Closeoptions.com to practice. With our demo account you’ll practice trading at no risk. It really is that the good way to find out the way to trade binary options.
- Learn the platform
before start learning chart analysis you ought to find out how to use platform for trading.
- Start learning technical
Technical method is simpler than fundamental method then we recommend you to find out technical method before fundamental learning.
- Learn Money Management
Are you expert in marketing research now? Don’t hurry up you ought to learn money management method if you don’t learn it you’ll lose your money.
- Learn fundamental analysis.
Fundamental analysis is extremely attractive but it’s harder than technical method anyhow if you don’t wish to learn fundamental analysis you’ll ignore this step.
- Build your trading strategies.
When you learned technical analysis, Fundamental analysis and Money management skills you’ll combine your learning to create your trading strategies.
Have A Profitable Trade