What are Binary Options?
Commonly referred to as ‘all-or-nothing options’ , digital options (used more often in Forex/Interest rate markets) and finally, fixed return options.
Though Binary Options are sometimes traded on regulated exchanges and platforms like my Favorites – 24Option and IQ Option – they are generally traded on the internet Via Mobile Phone’s, Laptops, Tablets and Desktop computers.
Binary Options are commonly referred to as Gambling, Scams and another excuse for people to get rich, However , let me tell you that the only people who are placing such negative comments around Binary Options are the people who dived in head first expecting to “Get rich quick” with THE WRONG MENTAL ATTITUDE as mentioned in Lesson 1. Of course, like everything, you need to learn first, educate yourself and become more comfortable with what you are going to be doing, take for example, a Brain Surgeon, he would not be able to comfortably swap jobs with a Formula 1 Racing driver and become accustomed to it immediately. It wont happen, so don’t expect it to.
An Example of a Binary Options trade.
The price of EUR/USD currently sits at – 1.061780
I make the prediction that the price will rise over the next 10 minutes.
Now comes the fun part, if the price rises and the 10 minutes closed above 1.061780. I am in the money, often with Profitability of 70% .
Its simple right? All you need to do, is follow my lessons to begin trading with a Demo account and then once you are comfortable begin trading for real.
I might also add that Binary Options are an excellent way to make extra income, it is the same with every form of Stock Market trading, the larger the investment, the larger the return. There is no point expecting to make an extra £50 / day if you are only going to trade in £2.50 investments. It will take you a long time, and the chances of being lucky enough to have a win streak that long , every day? Is actually less then 0.0001% .
Set Realistic goals and lets make money together.
Binary Options Trading School 