In today’s market no other investment opportunity attracts as much attention as binary options. There are three main reasons for this:
- Binary options are easy to use
- Binary options are fast
- Binary options offer big returns
In summary, we are talking about a form investment that’s simple, quick and potentially very profitable. Now, don’t get over-excited. As with all forms of investments, there are risks associated with binary options too. You must remember that as the same time as a binary trade can earn you a substantial profit, it can also cost you. If you lose a binary trade, the money you invested in it is gone.
This means that as alluring as binary trading is, you need to approach this form of investment with a cool head. Don’t rush into anything. Instead, why don’t you start by learning more about the exciting world of binary options by having a look around this website? Here at binaryoptions-info.org you will find a wealth of knowledge about this very exciting way to make money in international finance.
Binary options: an easier way to invest
As we have already made clear, binary options are easy to understand. If you are new to this market, allow us to explain. A binary option is a prediction you make with a binary broker. Your prediction will be with regards to the price movement of an asset over the course of a set timeframe. An asset in this instance can be a stock, a commodity, a currency, or a stock market index. The timeframe in question can be from 30 seconds to several hours.
So, for the sake of this example, let’s say you predict that in the next 60 seconds the price of oil will fall. You make this prediction in the shape of a binary option. That is what the binary option is: a prediction that the price of a specific asset will move in a certain direction within a certain timespan. The binary broker will tell you what percentage of your investment it will pay you if your prediction is correct.
So, if the price of oil really did go down – it doesn’t matter by how much – in the 60 seconds of your binary option’s running time, you won. Normally an option like this will pay out in the region of 70-80%. That means that for an investment of $100, you made between $70 and $80 profit in 1 minute. It’s easy to understand why binary options are so popular.
This is quite simply the easiest way possible to make money on the markets. If you want to trade in commodities like oil by actually buying options, you would need a commodities broker. For you to invest in oil, your trader first needs to find someone who will sell you an option for oil. Then, when you want to sell, it’s the same process in reverse. And don’t forget: your broker will charge you for every trade you make.
That’s the best thing about binary options: you don’t buy or sell anything; you simply make predictions. And when your predictions are correct, you get handsomely rewarded. No hassle, just easy, fast business.
Yes, you could make money as a binary trader
How much money you can make on binary options depends on a number of variables. The most important is obviously how good you become at calling the markets. If you learn how to make reliable predictions, and consistently make winning trades you will soon start to accumulate healthy profits.
Other important factors that will determine your rate of success as a binary trader will include among others:
- Your funds – the bigger investments you make, the more money you can make. 70 % of $5000 is a lot more than 70% of $5. Having said that, this is not the sort of business where you need a fortune to get started. If you keep making those $5 investments, and you do a good job, soon you’ll be able to roll with the big guys.
- A good strategy – it is very important that you quickly establish how you want to play the binary market. Are you a risk adverse trader who prefer to make cautious trades, or do you thrive on risk, and perform best when the stakes are high? Either way, it pays to stick to one form of trading – high risk or low risk – consistently over time.
- Clever money management – when you invest in a binary option it is crucial to get the size of the investment right. If you invest too much, you risk suffering crippling losses. If you invest too little you return won’t be sufficient to make a difference to your balance. The only thing that should determine how much you invest is how much money is in your account. Our advice is to invest about 3 % of your money in each trade.
There is a lot of money to be made in binary trading, but only to traders who are smart and make wise decisions. Learn how the markets work and study binary options before you even get started. Then, stick to your strategy, manage your money well and you could be on your way to a healthy profit.
How to get started
It is very easy to start your career in binary trading. First of all, you ought to spend some time familiarizing yourself with the business by reading our informative articles here at binaryoptions-info.org. This will give you an introduction to the basics. Once you have a better understanding of what binary options are and how they work, it’s time to open an account with a broker. You do that in a couple of minutes by following these easy steps:
- Choose a broker from our list of recommendations
- Register by filling in a quick online form at the broker’s website
- Transfer money to your trading account
- Start making money!
Now, if your broker offers a free trial there’s an additional step that we urge you to take in addition:
5. Test out the broker’s trading platform risk-free with pretend credits
By taking this additional step, you can gain firsthand experience of binary trading without risking any of your own money. It will enable you to experiment a little and get the rookie mistakes out of the way before you get down to serious business.
Some helpful hints for newcomers
If you are new to binary trading you might feel slightly overwhelmed by all the information and jargon that you have probably already come across when researching the subject online. This is nothing to worry about. Even though there are some new expressions and skills you need to learn, it still holds true that binary trading is the easiest, most accessible form of investment that exists.
To help you get started, here are some helpful hints you might want to consider:
- Signals can boost your performance – binary signals are recommendations generated by highly specialized computer software that scan the markets looking for trading opportunities. By subscribing to signals for a monthly fee, you can trade like a pro straight away.
- By studying technical analysis you can learn how to read the markets – the markets move in certain patterns. Technical analysis is the systematic study of these patterns. By mastering this art you can learn how to predict the market’s future movements – the essence of binary trading.
- A robot lets you trade on autopilot – a robot is a very sophisticated form of trading software. It will process an enormous amount of market information much faster than any human brain can. When it discovers a good trading opportunity, it will automatically execute the trade on your behalf. You literally won’t need to lift a finger.
If you would like to give your binary trading a flying start by subscribing to binary signals, you will find links to a number of reliable providers here on our site.
If you would like to learn more about technical analysis, you will find several articles on this subject too. In addition, many binary brokers offer a lot of helpful and educational materials in order to help you master technical analysis.
Should you prefer to use a robot to take care of your trading, we recommend that you try BinaryOptionRobot. This is without a doubt the best robot out there at the moment. Best of all, it is free to use for traders. Instead, the cost is covered by your binary broker. Most other robots charge subscribers considerable amounts of money for their service..