INTRODUCTION TO BINARYOPTION

INTRODUCTION
The purpose of this website is to enable you earn a living or make more income trading binaryoptions. If you need a comprehensive detail on the subject, visiting a search engine will be the best. However we are going to dig a little into the subject for purpose of claritiy.

Binary options ( also known as digital options, two way options, and all or nothing options ) are a quick and easy way to trade any market – like stocks and Forex for example. Instead of the usual trading methods that deal with many different factors – like stoploss, lot size, account management…etc – what you would be doing here is a simple process: you need to predict the direction of an underlying asset within a given time expiry.

HOW TO TRADE BINARY

First step is to select an “asset”, it could be a forex currency pair, commodity, stocks or indices. Next step is that you need to decide if this asset is going to go up or down during specific time period which is called the “expiration time”, then proceed to place a trade. If you think price will increase, your order is a “call option”. If you think price is going down, your order would be a “put option”.

HOW ARE PROFITS MADE?
When the expiration time is over and your prediction is right, then you will collect the profits agreed upon with your broker. If your predictions are wrong, you lose your money. But you don’t have to be %100 right when you’re trading binary options. That’s why so many traders are attracted to it. For example, if you’re using binaryoptions to trade forex, you need to be correct for at least .0001 move. And if you’re trading stocks you only need to be right by at least one penny. If you are right, by at least these minimum amounts, then you’ll get FULL payment for your trade.

RY OPTIONS