Vi Mellin 's blog ::Learning The Forex Trading Basics For Better Understanding
I'm involved in forex trading but a couple of months ago I started to study the binary options trading. Binary means that the trading is based on two values, up and down. Basically, binary options can be considered derivates and can be traded based on Forex, Stocks, Commodities or Indices. Trading Binary Options The Forex Market would be the best choice for trading binary options due to its volatility. The price will fluctuate more often so you will have the possibility to do more trades. There will be two options for binary options trading on the Forex Market: Call Option - if you think the price of a currency will go up Put Option - if you think the price of a currency will go down Basically you say how do you think the price of a currency will go in the next short period of time: up or down. The Forex Market is open at any time Monday to Friday unlike Stocks Market for example so this is another reason to choose it for trading binary options. Requirements To Trade Binary Options Any individual over 18 years old can trade binary options and there is no need for a large amount of money to start trading. You can start trading with $200 and you can even find brokers accepting a minimum deposit of just $20. With a single trade you can win up to 90% profit and some brokers are giving a 15% rebate for losing trades. You don't need to have a degree in Economics but you should inform yourself about how to trade binary options. Binary Options Brokers There are many binary options brokers and the most well known in my opinion and the majority has a minimum deposit of $200-$250. You can choose to use a Demo account to test your trading skills before trading real money. Binary options trading can be very profitable especially on Forex Market and it is quite easy to learn. |
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...way forex is, is that it is like aggressive speculation. Here one will learn the ability of the forex retail trader to trade options on the currency pairs. Your strategies and tactics will be enhanced...
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