Binary Option Trading?

[exbryan 10]

Does anybody know where I can go to to learn more about Binary Option Trading?

[JonMichael06 10]

hey buddy, im new here as well. i primarily swing trade - but i also trade binaries thru Nadex. they have some good "getting started" type videos, but ur better off on YouTube.

 

*steer clear of anything that seems even slightly shady*

 

if ur in it to get rich quick, like most of the videos on YouTube show, (and is possible surprisingly) ur gonna hurt ur feelings and ur wallet... fast. it is speculative gambling, not to be confused with the losses u can take as a normal options or futures trader.

 

u really have to stay up on ur news, esp depending on the underlying asset. i usually stick to FX binaries, but im thinking abt playing the e-mini futures this wk. shit, Nadex even lets the bet on upcoming events lol

 

with all that being said, dont let anyone stop u from ur goals. lots of money can be lost on binaries, and lots of money can be made. just become a good speculator. and if u dont mind my asking - what data service do u use? because u need a good one.

[JonMichael06 10]

well, i just wrote u an inspirational essay n apparently it wont post... contact me if u have any questions. i am pretty young as well.

[Ammeo 10]

Check out these links, they will be helpful..

 

Binary Options That Suck ? Fighting Scams, Brokers & Educating

 

http://www.binaryoptionsblacklist.com/

 

Binary Options | Binary Options Trading & the Best Brokers

[Sammygee 10]

I used Binary Options Canada - Guide to Best Brokers For Canadians when i started found then helpful

[barako 10]

I guess there are some youtube vids regarding binary options, but there are also forums dedicated to binary trading, just try google

[tradeforever 10]

Does anybody know where I can go to to learn more about Binary Option Trading?

 

Hope this one is good for you:

Binary Options Ebook | Option Trade | Binary Options Trading | The Reliable Option

[fxeconomist 11]

I take advantage of the resources which offer my Optiontrade broker - basics of tecnhical and fundamental analysis, trading tools, timeframes etc., you can also join webinar with Binary Barry - individual trainings with him will cost you a lot of money. I was suprised but my broker offers it absolutely free.

[realforexer 10]

Trading binary option is just like trading forex but on a different platform and includes stock trading; an adequate knowledge of forex market, trends and charts is needed by a binary option trader. You can visit the 24opitons.Com website and go through the materials they have in the educational section.

[realforexer 10]

Binary options is more or less like forex trading; the only difference is that you focus more on options and stocks from companies.

[barako 10]

yes and some people do better in binary than forex, its still a good earning option.

[tradelab 10]

DEFINITION OF 'BINARY OPTION'

A type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money, or nothing at all if the option expires out of the money. The success of a binary option is thus based on a yes/no proposition, hence “binary”. A binary option automatically exercises, meaning the option holder does not have the choice to buy or sell the underlying asset.

 

Investors may find binary options attractive because of their apparent simplicity, especially since the investor must essentially only guess whether something specific will or will not happen. For example, a binary option may be as simple as whether the share price of ABC Company will be above $25 on February 7th at 10:45 am. If ABC’s share price is $27 at the appointed time, the option automatically exercises and the option holder gets a preset amount of cash.

 

Binary options are significantly different from vanilla options. They are occasionally traded on platforms regulated by the SEC and other regulatory agencies, but are most likely traded over the Internet on platforms existing outside of regulations. Because these platforms operate outside of regulations, investors are at greater risk of fraud. For example, a binary options trading platform may require the investor to deposit a sum of money to purchase the option. If the option expires out-of-the-money, meaning the investor chose the wrong proposition, the trading platform may take the entire sum of deposited money with no refund provided.

[pro4Xtrader 10]

For binary options there are so many brokers, but you could get started with binary dot com, very good payouts and standards.

[SurtiTrader 10]

I have tried some binary options but I considered Forex trading as the best as it gives me the best results.

[ankita 10]

I have tried some binary options but I considered Forex trading as the best as it gives me the best results.

 

Yes, I also consider Forex trading as the best. I have traded with various binary options but never earned much, but as and when I started dealing in currencies and found my current broker I have earned a lot in Forex Trading.

[tradeforever 10]

You can find review on most popular binary options broker here, there are some good names you should check: AnyOption, OptionTrade, Ban De Binary, 24Option,

Review brokers | TOP 10 Binary Options Brokers

[pinkpips 10]

Binary options are all market makers and so many scammers among them -- I'd stay away....Forex is more profitable.

[dannytraders 10]

Binary options are the equivalent of straight up gambling. There is no real way to make consistent money with binary options. It's very simple: binary option brokers act as banks - i.e. you make deposits with them - and then you literally bet on the market.

 

Let's say that you have 50:50 chances of winning any trade (best case scenerio...this isn't talking about all the other scammy stuff they do in risk analysis)

 

You're returns are "up to 70%!!!!" (they advertise it as if it some big achievement)

 

But basically on these odds of 1:1 winning the trade, you're going to lose on average 30% of your money ever other trade until you have no money left.

 

You are much better off learning how to trade stocks or futures.

 

 

Binary options are all market makers and so many scammers among them -- I'd stay away....Forex is more profitable.

[SephirothxCloud 10]

Is binary options legit? Seems dodgy...

[divyanshisharma 2]

Binary options are not gambling simply because there are regularities one can exploit in order to make money. These are called chart patterns and are used all around the globe, not only by binary options traders and forex traders but also by investment banks' employees who run the trading desks.

[mukti 0]

Binary options are deceptively simple to understand, making them a popular choice for low-skilled traders. The most commonly traded instrument is a high-low or fixed-return option that provides access to stocks, indices, commodities and foreign exchange.

[CrazyCzarina 17]

There are too many websites where you can find tutorial for Binary Options trading and using them you can learn from it. To learn, you need yourself which can help you to motivate.