Our hints and tips below are only guide and not instruction or advise.Â You shouldÂ use them on your own responsibilityÂ Â
How to Understand Binary Options
Binary Options are a way that anyone can profit from the movement in value of a large and dynamic range of commodities, assets, stocks, shares and Forex.
Recently, these types of financial trades have become so hugely popular, where traders have to make just one of two possible decisions when placing their trade, being yes or no decision where in Binary Options trading, these are known as Put or Call trades.
The first decision you need to make when you are thinking of placing any type of Binary Options trade is What Trades to PlaceÂ just what asset, commodity or stock exchange you wish to place your trades on.
Once you have made a decision on just which type of asset, commodity or stock exchange you are interested in placing your trade or trades on you will need to decide just which way you think the value of that trade will move.
How to trade Binary Options
Before you start to trade, you need to apply the following :
- Â Choose a Broker
select a Binary Options Broker to place your trades
- Â Decide on What Trades to Place
what asset, commodity or stock exchange you wish to place your trades on
- Choose an Expiry Time
decide an expiry time for your trades (60 sec, days,Â month)
- Â Check Potential Gain & Loss
the maximum returns on your investment and the minimum loss
- Â Apply Trend Analysis
make use of all trend analysis tools available to ensure the trades you are placing have good winning trend
- Â ConsiderÂ Early ExitÂ as recovery
Concentrate on your trade, following the trend analysis not your emotional feeling