Binary option is an easy way to make easy profit and it is popular way to
profit from the financial markets,the trader predict if the price will close above or below acertain price then if the trader is correct,he will receive afixed payout about 70% an option is purchased at aset price called the strike price,when you place a Call on this option,this means that the option must close above the strike price for the trader to profit,for a Put option the close price must be below the strike price,all options have an expiration time,the closing price at an expiration time determines if the trader will
profit or not,there alot of options and the simplest option called fixed-payout options which current market price is strike price for the option,if the trade expires (in the money),the trader will received afixed payout of 60-70% of the original investment,in case of losing trade the trader will receive acredit of 5-15% of the original investment,
these options are typically hourly.
Binary options are available for forex,stocks,indexes,commodities but we concentrate on forex due to the easy availability of chart data and
technical analysis tools,you can use any form of technical analysis for trading forex binaries
Basic
strategies for trading binaries include trading on strong trends,trading on reversals near support and resistance,and trading news events.
Binary options is very suitable for beginners without the learning curve associated with spot forex or stocks,you can simply profit from your opinion on whether the market will close up or down
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EzineArticle
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