How to Bet on Binary Options | Binary Options Betting
Binary options are short-term, low risk, high-return investment methods for money making. The entire trading process revolves round the calls and puts. Binaries pay all or nothing. At any point in time, you will be betting on one of the two probable outcomes with regards to the strike price of an asset type.
The price of the asset in question can move up or it can move down. You should predict on whether the price of the asset will go up or down. If you are correct in your prediction, the pre-determined amount of money will be dispensed to your account. If you are wrong, you lose your primary investment.
Stocks, Indices, Currencies, and Commodities
The asset types that you can trade on are spread across 4 major categories like stocks, indices, currencies, and commodities. Under each category, there will be several asset types. You will call up or call down on each of the asset types.
Varying Expiry Times
You are literally trading price fluctuations and you are trying to benefit out of them. You can bet on the price of the asset type as going up or down for varying time frames. You can lock in the trade in a way that it will expire in 60 seconds, 10 minutes, 1 hour, 1 day or other time frames as offered by the trading platform in which you might choose to trade.
A typical binary betting process proceeds as follows:
- Choose the asset type you want to trade
- Choose the price direction
- Choose the expiry time
- Pay the money that you should be paying to lock the trade
- Wait for the option to expire
- Collect your pre-determined winning money if you made it right
- Try again if you did not predict right
High Probability and Low Probability Winning Opportunity
Presumption of a Prospective Trader
The market might be waiting a news release that might affect the price of gold by influencing the market sentiments of traders at 5:00 PM EST. And, you will be sure that the situation thereafter will be 50:50 gambling! And, by experience, you will be able to realise that majority of them will not be involved in price action and there is a high probability of the price direction to flow in the same direction as it is until 4:50 p.m. EST or even a bit until the news is out. This means you have 30 minutes to go from 4:30 P.M. EST. What you can do is to lock in at least 10 to 15 trades that expires in 60 seconds for Gold for the existing price direction until 4:55 PM EST or until 05:00 PM EST and you can lock in profits. Of course, there are probabilities for trend reversals!
Real-Time Activity and Its Influence in the Rates
However, in the real time market, there will be buying and selling taking place. Traders in the traditional buy and sell markets might choose to sell off their Gold stocks or some would choose to buy gold stocks preceding a news release. This is again a dilution in what you expect to happen based on the thinking pattern of clients. This might contribute to some trend reversals in the price direction, where the price will suddenly move in the reverse direction. What you presume need not happen in the market and you should always expect an out of the expected result on the screen and a little bit of loss, until you get skillful enough to learn to use the professional tools for doing the correct predictions.
Fundamental and Technical Analysis Skills
Consistent money making in binary betting is possible with improved analytical expertise. You should know to make use of a few tools to make the predictions about the price. You should be good at reading the charts. You should know how to choose the right indicators for your asset type, the right analyst opinion to consider for you trading decision, the right time to act on a pivot point price.
Market News, Market Reviews, and Market Analysis
Market news, market reviews, and market analysis are always there in the internet. However, the best of the return on investment for your trades is possible only when you know, what works when. How best you mix and mash reviews, news, and analysis to take trading decisions to suit your customized trading strategy and spending power does all the magic! It is a unique experience which you will realise only by jumping in to the pool.(18+, Gamble Responsibly)
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