Hello, guys, this is a short tutorial on how the Banc de Binary trading platform works. You'll see that it's quite intuitive and easy to navigate. It might look startling at first, but by the end of the tutorial, you will be able to trade in your sleep through Banc de Binary. At the top you have the options types you can choose from â€“ regular binary options, pairs, long term options and 60 seconds. Don't worry, we'll take a look at all of them. When you choose the option type you prefer, you then have to decide what type of asset you want to trade. Banc de Binary offers more than 180+ in four main categories â€“ currencies, commodities, indices and stocks. You can also choose the most traded assets.
To place a trade, you have to make just a few clicks. You decide on the type, set the expiration time you desire and determine on an investment amount. The minimum trade size is $1 for all types of binary options except for the quickest â€“ 60 seconds. And then you buy a Call or a Put option. If you want to trade pairs, you make the exact same steps, but in this case you have to answer a simple question â€“ Which will perform betteré The special thing about the long term options is that their expiry time is quite longer and you can set it a whole week ahead. If you are a patient trader, of course. Otherwise, you repeat the same steps. For the purpose of this tutorial, I will show you how a 60seconds trade is executed. Here you can choose an expiry time of 30 seconds to 300 seconds.
Choose an asset, set the time and the investment amount (in this case it is predetermined) and buy a Call or a Put option. Let's just find an asset we want to trade. You can change the default view of the movements at any moment. You can see how the asset behaved in the last 30 minutes or how it moved in the past 12 hours. I prefer to see the changes in the last one hour. Now that we chose an asset, we set the amount we want to invest. My guess is that the rate at expiry will be higher than the strike price. That's why I chose the Call Option.
We approve the trade and if we want to we can scroll to our open positions to see how is our trade going to end. If the position ribbon is red, that means that our prediction is currently incorrect. If it is green, the odds are in our favor. It does not actually go very well, almost as if my guess was wrong. But at the last second the current rate gets higher than the strike rate. And guess whaté WE WON! Congratulations. The potential payout of $32 has been achieved.
We can move on to other trades. Thank you for watching. I hope that this tutorial tutorial has been of help. Stay tuned for more demonstrations.
Binary Options Trading Strategy
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