Tuesday, 8 April 2014

Binary Options Trading - An Introduction


Forex Trading has seen an exponential growth over the last few years - and for those of you that do not know, Forex is a shortened title for 'foreign exchange' which involves trading global currencies.

As well as Forex there are a number of ways to trade and this article' introduces you to another financial trading instrument namely 'Binary Options'

Binary Options are a pure and simple way to trade based on your opinion of where a market is headed over a certain period of time which at expiration, pay out a pre-determined, fixed amount or nothing at all.

April 2014 Source: https://www.cboe.com

For those people who may have a keen interest in learning how to trade, but do not know where to start binary options is seen as an excellent starting point. One of the reasons for this is because in its simplest term, binary options trading involves indicating whether the price of an asset being traded will go 'up' or 'down'

Once you have completed your fundamental and technical analysis you will have a number of options of how long to place your trade, this can be as short as 60 seconds or even as long as one week, the decision is yours. 

Like other forms of trading binary options trading involves a high risk of loss so it is wise to undertake some form of training and acquire sufficient knowledge and skills of the process before you trade enormous amounts of money.

For further information about some of the best binary option brokers visit the Forex Maximiser website www.forexmaxmiser.com in addition, you will also find details about their latest trading offers.

 

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