Binary options for beginners

For those who just start trading binary options I advise to read my detailed explanation of all the typical trader’s field functional components:


Knowing how each of these components function and what is their meaning will be enough to start binary options trading.

Here is the bottom line: – to start trading you need to fulfill following 4 steps:

Step 1: Choose the underlying asset (index, currency pair, stock or commodity)

Step 2: Choose the expiry time of the option (end of the hour, day, week or month)

Step 3: Choose CALL or PUT option (will the asset price go up or down)

Step 4: Choose the amount that you are willing to invest in the option (a special window where you will be able to insert the amount will be shown to you after you choose CALL or PUT option)

After completing these 4 simple steps all you need to do is just to follow the situation on the market and if at the expiry time your prognosis will be correct you will receive a very generous payout.

Note that the more detailed is your knowledge of how all these components work and the knowledge of the market in general the higher your chances for success are!

 

Read more about Advantages and Disadvantages of binary options trading

 

3 Comments + Add Comment

  • It is a shame I signed up with GTOptions, and had to go to this site to get the knowledge in simple terms a dummie could understand.
    Thank You
    David

  • I learnt more here on this site in a very short period of time than what i did in a year or so from various other trading sites and trading rooms.Thank you for REALLY educating people/traders.

    • Thanks a lot for your comment! I am happy my articles were useful, hope you have a good profit on binary options =)

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