• EUR/AUD 1.37217 03:45 24.02
  • AUD/JPY 86.963 03:45 24.02
  • GBP/JPY 141.517 03:45 24.02
  • EUR/USD 1.05798 03:45 24.02
  • EUR/JPY 119.325 03:45 24.02
  • AUD/USD 0.77102 03:45 24.02
  • USD/JPY 112.788 03:45 24.02
  • OIL-MAR17(WTI CRUDE) 53.980 03:45 24.02
  • GOLD VS OIL 22.1346 03:30 24.02
  • SSE180 VS CSI300 2.1859 03:30 24.02
  • TENCENT HOLDINGS 211.900 03:30 24.02
  • SHANGHAI COMPOSITE 3241.947 03:30 24.02
  • CSI 300 3463.797 03:30 24.02
  • HANG SENG F-JAN17 24040.000 03:30 24.02
  • ASX F-MAR17 5713.500 03:30 24.02
  • ASX 5742.500 03:30 24.02
  • SSE180 7571.410 03:30 24.02
  • HANG SENG 24012.350 03:30 24.02
  • AUD/CAD 1.01035 03:30 24.02
  • NZD/JPY 81.437 03:30 24.02
  • EUR/AUD 1.37232 03:30 24.02
  • CAD/JPY 86.069 03:30 24.02
  • AUD/JPY 86.965 03:30 24.02
  • GBP/JPY 141.560 03:30 24.02
  • USD/SGD 1.40747 03:30 24.02
  • NZD/USD 0.72203 03:30 24.02
  • EUR/USD 1.05810 03:30 24.02
  • EUR/JPY 119.341 03:30 24.02
  • AUD/USD 0.77105 03:30 24.02
  • USD/JPY 112.790 03:30 24.02

Binary Options for Dummies – Know All About Options Trading

The exciting part of binary trading is that you do not need any experience or understanding in order to be successful and trade profitably.

Binary option trading can be a lot easier than you think if you have all the basic knowledge required as a beginner. Actually this industry is also meant for those people who haven’t had any trading background ever but some basic knowledge is very essential in order to understand the terminologies in a proper way. So, this binary options for dummies article is dedicated to all such people with no trading history so that they can have a basic idea what binary trading is.

Below mentioned are all the technical aspects of this industry which you will be dealing with once you enter into this field.

Underlying assets:

First of all, the moment you set foot in the binary trading arena, you will have to invest your money in the assets that are offered by the market. Those assets can be stocks, currency pairs, indices, Forex and commodities. Another major problem you will be facing as a new comer is the price fluctuations in these assets. Therefore, it can be very risky if one has to make investments in a fluctuating market.

Trading platforms and Brokers:

For a new trader, it is natural to panic when the price of the asset he/she chooses for his/her investments goes up or down. So, if you are a newbie, you can either hire a binary broker so that you can have all the required assistance or you can trade with a trading platform for better results. You need to be careful when you select a broker or a trading platform and go for that one which fits your requirements.

Trading strategies:

These are the tricks that you can use to minimize the risk of losses and to increase your returns. There are many trading strategies that you can use as a new comer for example, paper trading in which you won’t have any real money involved. You can also contact a professional for more assistance on binary options for dummies.

Dealing with risk:

Where there is money, there is risk. Binary trading can be a lot risky if you cannot make the right decisions at the right time. It can be hard as a fresh competitor but there are certain steps that you should take in order to earn more with each trade you carry out.

So, that was all about binary options for dummies. You can enjoy binary trading the moment you start to trade. All you need to do is pay attention to the basic information mentioned above in order to get started.

Open Account
Enjoy the best trading experience
Open Account

Wait!

Trading platform
Open account
Share on your facebook account
And get $200 today
Now, you can get 200$ to your trading account while sharing your performance on Facebook!