Binary Training Tutorial What Is Binary Options Trading
Welcome to Binary ! Since 1999, we've been a true pioneer inthe Binary OptionsTrading industry, with a flexible, awardwinning platform;fully licensed, safe, and secure business practices;and exclusive, patented pricing technology, hosting over $2 billion in trades to date. But what is â€œBinary Options Tradingâ€�é It's a special type of online trading witha fixed payout, in which you predict the outcome from twopossible results.
The word â€œBinaryâ€� in Binary Options Tradingcomes from the choice of two potential outcomes, in a perfectly clearcut,dualsided scenario. For example:Will the price of Gold trade higher than the current spot price in 15 daysé No matter how you slice this scenario, thereare only two outcomes possible: Yes, it will trade HIGHER. Or no, it will trade LOWER. Let's just say that you take the positionthat it will trade HIGHER, and decide to purchase this option.
If your prediction is correct at the endof the set period, you'll receive the payout that was determinedat the start of the trade. o Note that this amount is automatically calculatedand reported to you through Binary 's pricing technology,before you even press the button to purchase this trade. If your prediction is incorrect at the endof the set period, you'll only lose your initial stake, andno more. o Note that the stake is equal to the amountthat you initially pay to purchase the trade
â€“so there are absolutely no surprises. Thus, as you can see, Binary Options Tradingis a very easy form of online trading, with entirely predictable outcomes. With Binary , you know exactly what youstand to gain or lose before purchasing each and every trade. There are never any hidden fees or commission;what you see is precisely what you get. And you can jump in and start trading withas little as $5! So what are you waiting foréLet's get started!
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Using a Demo Account To Trade Binary Options
Hello everyone, Lilly here again, with anothertutorial to hopefully improve your binary option trading skills.With any luck you've found a friendly enough broker and understood a few basic rules ofthe binary option market so it's time to move on to some actual trading tactics, well, almost.There is a great step between the theoretical and the practical trading that can help quitea few of you beginners out there, that simple step is called a quot;demo accountquot; and it canteach you quite a bit about trading, and help you understand a few things before you actuallystart spending money, trust me, you'll thank me later for pushing you to use one of these.Using a demo account is very easy, just think
about it as pretend money. You're not riskingyour own money, but you get to use the same system you would during actual trades.This has two main advantages Knowing the trading platform from the inside and beingable to see how the market behaves in real time, without the risk usually involved inthat. If you're anything like me, your first urgewhen you get quot;free moneyquot; to play with is to burn right through it in no time, but that'sthe wrong thing to do in this case. Treat your demo account like a real one make yourinvestments intelligently, on assets you know and keep things as quot;realquot; as you can.This will help you get the best kind of education
possible an experience that's almost real,that way, when your money finally gets involved you know what to expect.Thanks again for watching, comment below if this helped and don't forget to subscribe!.