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Learn everything you need to know about trading binary options for profit. How to trade binary options explained, links to tutorials, example trades, strategies, tips and resources. Binary options provide a new form of trading for many investors and provide a relatively easy and convenient platform to do so. Although setting up your first binary options trading account may sound daunting, the following steps will help to lay out the process. Are You Making These 7 Common Binary Options Mistakes? Is Trading Binary Options Gambling? Why Do Brokers Offer Massive Bonuses?
What Can We Learn About Binary Options from Sports Betting? Is 60 Second Option Trading a Form of Gambling? Team Trading Contracts Part 2: Do You Need a Business Contract to Trade With a Team? Team Trading Contracts Part 3: What Should Go Into Your Business Contract? What Type of Binary Options Trader Are You?
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Do You Need Market Reviews? The above links provide all the information you need to understand the basics of trading binary options. As you are more comfortable with the idea of trading binaries, you will naturally be more inclined to execute more advanced trades. For now, let’s stick to the basics of binary trading. Binary options are trades that have two choices and two outcomes. They are different from typical trading. You either win or lose.
There is no middle ground. Binary means 1 or 2. What this means for the trader is that instead of the option payout fluctuating with the asset price, the payout is a set sum that is either earned or lost depending on whether the price of the asset falls below or rises above the strike price. If you pick correctly you win the trade. You choose whether the price is going up or going down. They pay out a fixed return.