hi and welcome to the binary optionstrading tutorial this is Steve Wise and today we're going to talkabout the binary options hedge with a call and a put position and i just like to remind you that this tutorial and audio content and theslides therein are the property of binaryoptionbroker
and we're distributing this on so follow the guidelines on to usethis tutorial if you want redistributed and just bear in mind the rules andregulations with regarded to using it. all right so with that out of the way let's get started so let's take a look at a couple slidesi've made this first slide is
your basic naked binary option trade and what we've done here is we've takena binary option call on google we'vetaken a two hundred dollar position with a strike price at five seventy seven fifty per share that's what it was at the time i madethis slide in and made this discussion all the numbers all the details of thistrade that we talk about are covered on the website binaryoptionbroker
and you'll find all the information inall the all the percentages and what have you uh. there so if you have any questions about what thenumbers are and what they are meeting where they all came from that's all is going on the website but what i want to talk about in this tutorialis that this kind of position taking a nakedcall
binary option is very risky in it's not the kind of investment that isee as uh. a favorable one for you theinvestor and the reason why i say that is because there's so much downside risk and noprotection if things go awry and that's not the kind of trade iadvocate what i prefer to do
is i'd prefer to pair my binary option with another option either another security another optionanother binary option the underlying security itself maybe i already only underlying securityand i'm trying to make up some profit on that uh. taking advantage of market movementdownside upside what have you
Best Binary Options Software For Beginners
Beverly here again, last time I spoke to youabout getting a binary option education, today I want to start putting some of that educationto good use by explaining some of the things you could do to find yourself the best softwareor platform to trade on as beginners. I think the mistake most traders who are juststarting out make is to pick a broker, and as a result trading software without lookinginto the software first and seeing if they can understand it.Trading binary options can be very complex, even for traders with years of experience,let alone for someone taking their first steps in the field, so simplicity becomes a must.To me, the best software is not one that is
simply easy to understand because that canindicate that it simply doesn't have many features and options, so when you start gettinga hold of things and want to advance, the software will really be holding you back.What I prefer to have is a system that has as many options as possible, but options thatcan be controlled, or switched onoff whenever you choose to do so. That level of controlover the software will let you pick the features you use, whenever you feel comfortable withthem, it won't force features on you making life harder, but at least you can be safein the knowledge that when it comes time to take a step up to challenge yourself on themarket, the system can keep up with your demands.
Hope you enjoyed this tutorial, and I hope thatyou'll subscribe and watch even more tutorials in the future!.
Best Binary Options Software
Hi everyone, I hope you're enjoying thesetutorials and gaining a little knowledge from them, If you have questions for me about binaryoptions or about my tutorials, please feel free to comment below, I will do my best to answerall of your questions. One of the most important things you willneed to select early on in your trading career is the platform or software you'll be usingto preform your trades. A common mistake among traders is pickinga binary option broker on the merit of their offers, finances and so on, and while thatmay be valid, it is not the right approach in my mind, I believe that a broker shouldbe useful to you during 3 cases only deposits,
withdrawals and technical issues. The restof your time ought to be spent on the software the broker offers, which is why you shouldjudge a trader by its software, not the other way around.Hands down, there is one quality that makes the difference between good trading softwareand a great one customization options. A system that is too simple and quick to graspas a beginner will probably not offer you too many advanced trade types or options asyou advance and become more ambitious, and in the same quarter, a system that is toocomplex and offers too many options out of the gate may be intimidating and offputting.If you are able to find trading software that
is simple to grasp at first but can give youoptions to advance along with it that will probably be the best thing you can find, andyou should stick to it as you get wiser. Stick around for more tutorials!.