Making money online not too tough, But you should have proper plan and strategy to go with.
Here we are with the Binary options trading system that is very easy, Don’t afraid with the name of trading. With some very easy step that will make you perfect in the binary trading easily. With a Good mindset, you can start trading and making money online, that is a dream of all internet user.
What are Binary Options Exactly?
A Binary option is an option in which two- term yes/no are raised so when you start to trade with the binary option you find these Term PUT and Call.
Easily you start your binary trade with two option for future prediction of any stock, forex and commodity choose one option for your specified point and you can start predicting about that.
Trading with Binary option is easy and very user-friendly just two options UP and Down on any Assets and make a prediction on that in a set of timeframe. And it is easy like hell just you have to decide to Say PUT or CALL and rest is about the sit behind and watch.
So the question is how to start trade with the binary option.
Example of trade with Binary Option:
Like the Gold current price today is 1000$ will UP to 1200$ at a certain time so the trader can use Call Option and if it happens then Trader wins the trade and find 80% of trade amount.
If your trade with 100$ then you get 180$. Risk also involved here if your prediction goes wrong ?????
Then you find nothing but if trade with proper knowledge you can make good money with the binary options trading.
The price that we are targeting is “Strike Price“. The price which hold for commences trade.
When trade end “Expires” that trade and when you make the money that term called”In the trade ” or lose the trade called”Out of the money”.
What is Put Option (Low)?
Term Put option applies when you want to trade on any assets that price go down at the end of the trading time than the start time.if
your prediction is right you win the trade.
What is Call Option (High)?
Term Call option applies when you want to trade on any assets that price go UP at the end of the trading time than the start time.
If your prediction is right you win the trade!
What is touch and NO touch Trading?
In touch trading, the asset price reaches at a predefined price then the Binary options trade completed.
The price touches the assets predefined price at selected time then up or down at that point does not matter your trade won when it touch at your predefine price.
If your predefined price does not touch the price then you losing the trade.
What is Time Frame use in Binary option?
Many time frame use in binary option 30 sec, 60sec, 2 min, 5 min and longer days. Some broker has the only 60sec time frame so before start trading check they have many time frame.
Understanding the Assets:
Before you start trading in binary option need to have know about assets that are used for trade.
It works with a Broker have different type of Assets
Forex: Like EUR/USD, USD/JPY etc
Stock: like Google, FedEx etc
Commodity: like gold and silver
Indices: Like Dow Jones, Nasdaq
How to Choose a Best Binary Options Broker?
First check the binary options broker is legit or not. Legalize with CySec in Cyprus is one of the most common licenses held by binary options brokers.
Before sign up with broker check they have the good return on trading that start with 70% to 90% so choose the a broker who has 80% to 90% return.
Read their terms and condition they have many hidden thing about deposit and withdrawal of money.
Many restriction is mention in their T & C So Pay attention to reading all these rather than only deposit funds they make problem in withdrawal.
Choose one whose have the most establishment in this sector. Check their support systems like Phone / fax / email.