Welcome to Binary Options Trading
Trading in the currency (FOREX), Stock, Commodities Markets, with Binary Options involves risks. You should only trade with monies that you can afford to lose. You should never use funds from your retirement accounts, children’s school accounts, personal savings accounts, or credit card accounts that you can’t afford to pay.
The trends in the stock markets are very volatile and constantly fluctuating. If you are interested in Binary Options Trading in this economic jungle, you might find yourself surprised and confused with the differing trends and patterns in the market. It may be very difficult to find good stocks that you can trade with much ease.
Getting to know the right stocks and markets for Binary Options Trading is very critical and in doing so, it is very important that you understand how the company you are giving your investment to, makes a substantial amount of its money. Unless you have a good understanding of a company’s market, its products, as well as its competitive strengths and weaknesses, it would be pretty difficult for you to foresee whether or not your investment is profitable. When you trade in the currency markets you are not trading in actual stock certificates. You are trading in the value of one currency against that of another.
This report on Binary Options Trading is intended as informational and educational material for you to study. You should always do your own research and make your own decisions. DO NOT let anyone force you into making a decision that you don’t want to make. Remember, “NO” is a complete sentence.
With that said, I’ll leave you with one thought…
How do you make a small fortune in the Markets? You start with a large one!
Join Us and Good Trading,
The Rookie DayTrader
Binary Options have now Evolved with the Introduction of Barrier Options
Forex trading, is evolving quite rapidly in the Binary Options Arena. Barrier options trade hourly and have a 300% return rate when the trading period expires “In the money”.
300% Barrier Options are offered on Gold futures and will trade on a variety of stocks, commodities and currencies in the near future at Start Options. When the market starts to become active and the Trader sees that Gold futures are trending with support a trade of a Call Barrier Option can be made at anytime during the trading period at the current price. When a Barrier Price above the Strike Price is set and if the Gold futures expires at the end of the trading period above the Barrier Price, the return is 300%. Put Barrier Options allow traders to trade barriers below the current price.
The 300% return rate is significantly higher than standard binary options.
Check out Barrier Options. They add flexibility to the On-the-Go investor’s portfolio.
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One of the ways in which traders find a way to make some “easy” money is to trade with a trend line. Once a trend is established it can be traded with in order to establish a time to enter into an exit a trade. While trends are no more a guarantee than any other indicator they are a worth while way to increase your odds. Trends are established in an either up, down or side fashion, and any one of these is good for profiting. While the most obvious course of action after identifying a trend is to follow the “overall” direction (buy if it is an uptrend for instance) there is the potential to make a lot more money. By trading within the trend you can profit by repeatedly buying and selling as the price moves accordingly.
Once a trend is broken all bets are off and a trader should wait until either other technical indicators signal a price movement they are looking for, or they should wait until a new trend is established. Typically once a trend is broken the price of the currency will continue to move in that direction for a good period of time. This is not always the case however, and anyone who enters into a trade simply because a trend line is broken may find them self in serious trouble. Using Fibonacci retracement levels in conjunction with trend lines is a very good idea to avoid the perception of a “breakout” where none exists. Such perceptions can lead to substantial losses, and while it might seem like common sense for many, forgetting an indicator comes naturally on the online forex exchange.
There must be a measure of caution exercised when utilizing this trading technique just like using any other. When a trend is confirmed then a trade must be committed to within the confines of the trend, if a trade does not go your way wait until you are positive it is going the wrong direction. Once a trend has been completely broken it is time to leave the trade at a loss, knowing when this is necessary is a matter of experience and discipline. Rarely will a trend be broken and then immediately be re-established, and for this reason it is important to let the currency price run its course. Once either a new trend is established, or technical indicators point to favorable conditions it is time to enter the trade.
The author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to stay up to date with the latest forex quotes.