Investing in binary options can be a profitable experience. The key to profiting in trading binary options is to understand the system, and to invest wisely.
Our primary objective with this website is to educate you in binary options trading. By doing so, you can have better odds at making rational binary options trades. If you were to just make an uninformed trade, your odds would be similar to flipping a coin and calling heads or tails. But by being educated in binary options, you can make those odds much higher.
Within this website, you will learn the types of binary options you can invest in; binary options brokers that are reputable, along with those you should stay clear of; all about binary options signals and services that provide signals; the various types of binary options trading strategies and more.
Why are we providing this education free of charge?
Binary options trading has received a “bad rap” by some people. Many of the people who have given a negative response to binary options trading were uneducated, and they lost money doing so. Or, they get involved with a scam operation which gave them a bad taste of the whole system.
The fact is: there are many people who have had great results investing in binary options. They did so by being educated and using wise patterns in trading binary options.
By educating those who are investing in binary options, we can rid the system of scammers, and give binary options trading a good reputation.
What are binary options?
A binary option is a financial option where the payoff is either a fixed amount or nothing at all. The primary financial options used in trading binary options are stocks, commodities, currency pairs and market indexes.
Binary options trading is done through binary options brokers. The payoff system is normally set at a percentage of the amount invested if the trader makes the correct prediction, and if his/her prediction is wrong, they lose the full amount of their investment.
A simple example may be:
The investor makes a trade in which the payoff is 80%. They invest $10 on it. If their prediction is correct, they will profit $8 above the $10 they invested. If their prediction is wrong, they lose the complete $10.
The types of binary options
There are various types of binary options. We will go deeper into each of these throughout this website.
The most common binary options types are:
- High/Low: This is the most common binary option type. The investor simply predicts if the asset will be above or below a strike price when the time expires.
- Range: The investor predicts if the asset will fall within a predetermined range at the time of expiration.
- Touch: The investor predicts if the asset will “touch” a predetermined strike price before expiration.
- Speed: This uses the same high/low system, but is done on very short periods, with the most common being 60 seconds.
- Spread: This type is essentially a cross between range and high/low. The investor predicts if the asset will fall above or below the price level offered by the company at expiration.
Brokers are finding other systems as time moves on. You will learn about these types and more.
Binary options brokers
When we look at the list of binary options brokers, it can be overwhelming. There are brokers upon brokers, and which ones can we trust?
You will gain some tips on how to research brokers. What should you look for in the broker’s terms and conditions? You will learn which brokers are licensed and regulated.
Binary options signals
Just like brokers, there are a plethora of binary options signals services. We will educate you on what to look for in a binary options signals service.
Just like brokers, there are good, average and bad binary options signals services. We will provide what you need to look for to determine where the signal service you have found fits in that scale.
Binary options strategies
As with the game of chess, binary options traders have developed strategies that have proved successful. As time moves forward, traders also have learned to use multiple strategies, or change strategies slightly to meet their specific needs or goals.
We will look at various strategies that have been used for some time, and even new strategies that are developed. Some of the strategies you will learn about are:
- Trend Strategy
- Fundamental Analysis
- Risk Reversal
- Straddle Strategy
- and others
You can become an expert binary options investor. The key to winning in binary options is simply education. The wise investor is the winning investor.