Learn Binary Options Basics (and Improve your Trading)

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
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  • BINOMO
    BINOMO

    2nd place in the ranking!

Binary Options Basics

Are you new to Binary Options trading? Then you need all the help and information on Binary Options basics! We will show you where to go to help you get started with options trading, one step at a time.

Just as in real life, it takes a lot of dedication and motivation to succeed in binary options trading. The training services we recommend are designed to educate our visitors regardless of whether they are novice beginners or experienced veterans. The topics include some of the latest developments in the field of option trading and bring you up to date with information you can use to hone your trading.

The training has been designed to show you exactly how to trade.

But to start, here are some of the Binary Options basics.

What are Binary Options?

Binary Options are perhaps the simplest financial trading instruments that you can find in the market. The options are “binary” because the trade can either be in the money or out of it, all you are required to do is predict whether the price of the asset increase or stay below a predetermined value when the contract expires. If your prediction ends up coming true then you are awarded the full amount stipulated in the contract, and if it does not then you win nothing.

Unlike the stock markets where the amount you can make depends upon the value of the underlying asset, the returns in binary options trading are fixed and non-negotiable.

Binary options have become a very popular form of trading in Europe because of their simplicity and also because you are not required to invest thousands of dollars in order to get started. All you have to do is signup with a broker and start trading, most will only require you to deposit between 100 to 500 dollars and many of them give attractive signup bonuses.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

They are also becoming ever more popular in the USA. They used to originally only be the realm of Large investment banks that used them as an OTC (Over The Counter) instrument.

How Do Binary Options Work?

Depending on the broker you sign-up with you have a number of different asset classes you can trade using binary options; these include commodities, stocks, indices and currencies. When you buy a trade, you place a Call Option and when you are selling a trade you place a Put Option. The contract can last from 1 minute to 30 days and once again, the length of the contract will depend upon the broker(s) you sign-up with.

Before you can get started, you will have to sign-up with a broker who is basically an intermediary who provides you with a platform through which you can place your trades. You will be required to deposit a minimum amount with the broker and it will be from this amount that your trades will be placed.

What is a Binary Options Broker?

A broker is a service provider who has access to the financial market. These intermediaries have all the tools needed to help you trade and provide you with the assets and the options. Most brokers are situated in Europe and many have their head offices in Cyprus, mostly because of better regulation and tax structures.

A broker also has the required software which helps you to place your trades, these platforms have many different features and come with advanced charting and reporting features that can help traders place more informed trades.

Types of Binary Options

While the basic Up/Down Binary Options are provided by almost every broker, there are several variations which enterprising brokers have added to their platform, here are a few of them:

  • High/Low Options: In these types of contracts, you have to predict whether the price of the asset will be higher or lower than a predetermined value. The target price that the rise or fall is measured against at the expiration of the contract is known as Strike Price. You can set the expiry deadline on the price of the asset along with the call or put options.
  • One Touch Option: In these types of options you have to predict whether the price of the asset will touch or stay within a certain value. When selecting one touch options, you have to determine the position of the barrier and the time of expiration of the contract. In these types of options, only two outcomes are possible, i.e. the option breaches the barrier or it does not.
  • Range Options: These are options where you have to determine whether the price of the asset will fall between two ranges or stay outside of them. You can determine the range of the assets as well as the expiry time. Finally, you will have to predict whether the price will remain within the range or stay outside of it.
  • 60 Second/Turbo Options: These are simple High/Low Options however with a time bar of only 1 minute. You have to determine whether the price of the asset stay below or rise above the strike price. These types of options are ideal for persons who are looking for a way to make some quick money by capitalizing on short term market trends. You should also know that these options are perhaps the riskiest there are as the movement of most assets tends to be very erratic on shorter trends.
  • Ladder Options: These are perhaps the best kind of Binary Options there are! In them, you are given a range of different price levels which are placed in an equidistant manner from each other. You have to determine whether the price of the asset will end up above or below at each price level. The advantage of ladder option is that it can allow you to “lock” your profits in place if the price of the asset goes according to your prediction on a particular price level. Such a system to an extent mitigates the “all or nothing” character of binary options trading and returns at least some profits if your predictions pan out on some of the rungs of the ladder.

These are some of the basics that should help a trader get started, when trading in binary options you have to bring yourself up to speed on many aspects including the historical trends that an asset has traced, and how the market has been behaving among other things.

The Trading Club is designed to help you trade better by understanding the underlying dynamics of both binary options in general as well as your chosen asset(s). The training provided by the Trading Club is offered via Skype as well as the phone and has some of the most experienced traders in the field sharing their views and expertise with new and upcoming traders. Some of the things covered include:

  • Binary options fundamentals.
  • Chart analysis.
  • Technical analysis.
  • Market research.

In short, the Trading Club will point you in the right places for all the training you will need to succeed in Binary Options Trading. Remember, the information that you will be introduced to will come straight from highly experienced professionals who themselves are raking in thousands upon thousands of dollars per day.

Sign up with the Trading Club today to learn the basics of Binary Options.

Binary Options Education & Training

Nothing worth having in life comes easy. It is usually the result of hard work and dedication. Like many professions that can make one a lot of money, having the right experience and education is essential to being at the top of your game. Trading is a profession and not a hobby. As such, one should treat it with the same respect as they do more of more traditional professions.

However, when it comes to succeeding in trading, it is not only the time you spend learning the craft but also the resources and materials you use to acquire that knowledge. Using education providers who are themselves top traders can enable one to learn much faster.

At the Trading Club, we know the importance of the right education to success in trading. Join the club today and get access to the best resources on the market.

Learning Binary Options Trading

There are two ways of learning in Life: learning by doing or learning from others. Learning by doing is certainly possible, but you will spend more money. Why? Because you have to “finance” your losses. You will have – no doubt – a string of losses, until you master the art of trading with Binary Options. Many Beginners take this route. It seems so easy.

Just open an account, fund it and start hitting the buttons. The awakening comes once the account is empty ! In order to avoid this and make the journey more pleasant and easy you can use several tools and support systems: Managed Option Accounts, Binary Options Trading Signals and/or a good Binary Options Education. We have recommendations for any of these services, but for now we will focus on how to obtain the best Binary Options Education and learning course.

Instead of losing funds, you could use that money to buy good Binary Options books, Binary Options e-books, Binary Options training manuals, Binary Options Online Courses or a professional Binary Options Education. Like a Doctor, a Tennis Player or a Violinist you will be better off, if you educate yourself and become proficient in Binary Options Trading.

Is it worth it? You bet it is. Trading Binary Options can be one of the most profitable activities you could ever pursue. Big financial firms and banks make their money with Options. Why wouldn’t you? With this being said, let’s see how you could approach your Binary Options Education.

Using the Best Materials

As we have said, it is better to learn from the errors that others have made before us, instead of repeating them and losing money in the process. One way to start educating yourself is to buy good books about Binary Options. They can either be physical books or e-Books about Binary Options, if you prefer to read them on your Laptop or your Tablet. There are excellent resources out there.

Some are free and others are paid. This is a good way to learn Binary Options if you are the kind of person that likes to learn by him or herself. Some people learn faster, if they are alone and read about a subject. Others need help and support and learn better in a community environment (like a classroom). There are plenty of online training courses in chat rooms, virtual classrooms and even on Skype. The Trading Club will point you in the right places for the best resources that are fantastic and top of the line when it comes to a good education in Binary Options trading. Remember, the information that you will be introduced to will come straight from highly experienced professionals in the industry.

Learning from Pros

Instead of reading about a subject, you can also learn from others by observing what they are doing. This is a more practical approach and some people prefer this kind of training. You could subscribe to a Binary Options Signal Provider (see our article here about Binary Options Signals) and learn from the Pros. Instead of only copying the trades, you could start a trading journal and take notes about the trade entries, the trade times, the assets and other details.

You could open a good charting package for Binary Options and start to mark the trades on the chart. This will give you a good visual overview about the trades. You will see why the trade was opened and why it was successful or why the trade didn’t work well. You will notice if the Binary Options Signal Provider is going with the trend or taking countertrend trades. This will give you a profound insight about the nature of trading. This is not only practical, but also profitable as you are not only learning how to trade Binary Options, but also making some good profits in the process.

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Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

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