Definition of binary options
In the world of online trading, we see an impressive rise in power trading binary options.This includes three major elements:Assets: a currency pair, for examplethe binary option contract, prediction.If you have a little experience in the basics of forex, you will not struggle to trade binary options after consulting our method explained below. If not, take the time to read through our guide beginner and you can get started.
The principle place in 5 major steps:Choice of the underlying asset (or good): Brokers / or brokers oriented binary options offer almost all the same assets that are common currency pairs, commodities, shares of large multinationals or indices. Initially we advise you to choose a currency pair such as EUR / USD.
Selection of the option contract: This is to determine the life of your option. We propose to make contracts about two hours.
Choice of management: You must provide the direction, ie the tendency that will take your assets when the contract is completed. Feel free to use extensively the financial analysis (sometimes video) from your broker.
Choosing the option to buy in 3 main types:
The "Digital" options or "High / Low" are most popular by far: probably because these are easier to handle for beginners. Just determine whether the rate of your assets will be upward or downward relative to the price at which the asset can be bought (exercise price). Note that there are brokers with our partners the opportunity to extend the lifetime of a contract Extend or conversely cancel a contract before it expires.
The "Touch" options are very similar to the principle of Forex: the trader must determine whether the asset will reach an exercise price set at any time prior to expiration.
The options "Range" is for the trader to determine whether the chosen asset will be in a certain range at the expiration of the contract.
Selection of the amount of trade: to you to determine, according to your possibilities and expertise, the amount you want to invest in this option, thus opening the trade. Do not take too big risks from the start, never forget that you are exposed to significant losses if your predictions are wrong. "Do you hand" with reasonable amounts and know learn from your mistakes to refine your future analysis.
Selection of the option contract: This is to determine the life of your option. We propose to make contracts about two hours.
Choice of management: You must provide the direction, ie the tendency that will take your assets when the contract is completed. Feel free to use extensively the financial analysis (sometimes video) from your broker.
Choosing the option to buy in 3 main types:
The "Digital" options or "High / Low" are most popular by far: probably because these are easier to handle for beginners. Just determine whether the rate of your assets will be upward or downward relative to the price at which the asset can be bought (exercise price). Note that there are brokers with our partners the opportunity to extend the lifetime of a contract Extend or conversely cancel a contract before it expires.
The "Touch" options are very similar to the principle of Forex: the trader must determine whether the asset will reach an exercise price set at any time prior to expiration.
The options "Range" is for the trader to determine whether the chosen asset will be in a certain range at the expiration of the contract.
Selection of the amount of trade: to you to determine, according to your possibilities and expertise, the amount you want to invest in this option, thus opening the trade. Do not take too big risks from the start, never forget that you are exposed to significant losses if your predictions are wrong. "Do you hand" with reasonable amounts and know learn from your mistakes to refine your future analysis.
Forex or Foreign Exchange is based on the sale and purchase quotes or common currencies in the international market. The principle is simple, know the market movement and exchange rates. It's afterwards that come bets on the currency pair chosen. Since the forex market is eternal rotation, the trader will often lead to change and vary the trades to ensure continuous gain. How to identify them downward and upward trends but also the currency pair that generates a very large profit is the secret of success of the investment. Beginners who enter for the first time in the market often tend to refer to larger traders, and even imitate their bets to minimize their risk of loss. But unlike professional traders, currency trading for nuls often requires only a small amount to start safely.
Follow the path of the largest, it is a solution, but we must make a parallel technical analysis to maximize its chances of gains. The exchange rates is still rotating. The second is less crucial. The greatest difficulty lies in the fact to guess when a fall or rise will occur. The analysis aims to study the exchange rates to predict, eventually, variations in the market of tomorrow. For beginners, a bet on a pair of simple, safe currencies such as EUR / USD is highly recommended. Generally, you only have to be well located for the currency pair to trade that are most sold or purchased and proceed.
On the Forex market, it is possible to trade in a wide range of currency pairs. You should know that it is sometimes more interesting to trade on a given currency due to a greater or lesser volatility. Indeed, sudden changes generate substantial risks. Finally, be aware that most currency pairs are traded (high volume of trade as the EUR / USD), less abrupt fluctuations.
Forex or Foreign Exchange is based on the sale and purchase quotes or common currencies in the international market. The principle is simple, know the market movement and exchange rates. It's afterwards that come bets on the currency pair chosen. Since the forex market is eternal rotation, the trader will often lead to change and vary the trades to ensure continuous gain. How to identify them downward and upward trends but also the currency pair that generates a very large profit is the secret of success of the investment. Beginners who enter for the first time in the market often tend to refer to larger traders, and even imitate their bets to minimize their risk of loss. But unlike professional traders, currency trading for dummies often requires only a small amount to start safely.
Follow the path of the largest, it is a solution, but we must make a parallel technical analysis to maximize its chances of gains. The exchange rates is still rotating. The second is less crucial. The greatest difficulty lies in the fact to guess when a fall or rise will occur. The analysis aims to study the exchange rates to predict, eventually, variations in the market of tomorrow. For beginners, a bet on a pair of simple, safe currencies such as EUR / USD is highly recommended. Generally, you only have to be well located for the currency pair to trade that are most sold or purchased and proceed.