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Thursday, November 27, 2014

How to trade binary options

1 Binary Options Trading


Binary options are the latest addition to the asset trading game. The assets include stocks, futures, and forex. The trading process is simple but the process of trading is not.
Many Binary Options traders approach it as a gambling venture. That's OK if that is your goal. You will have a 50/50 chance of winning 80%. As far as I'm concerned, those odds stink. You will lose all of your money.
A little education goes a long way, notably with binary options, since the results are quick to come. You can get rich or poor very quickly. If you must guess, at least take an educated guess.
Before you trade, at least take the time to understand the game. The markets in general are subject to time tested laws, similar to the law of gravity. What goes up...must come down. OK, it's a little more complicated than that, but simple rules indicate much of binary option market movement.
Please take the time to learn and understand the simple concepts on this page. Binary option trading is the most simple form of trading market price action. If you learn about support, resistance and trends you will be way ahead of the pack. The best binary options systems and binary options signals are based on price action.


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