Binary options - what is it? Binary options: strategies, trade, reviews

In the Internet everyone can find a job and become an expert in any branch of earnings. Among the most popular professions one can mention freelancers - those who work for hire; Copywriters - people writing articles; Infobusinessmen, whose niche is the sale of electronic goods and doing business on the World Wide Web, and traders - players on Internet currency exchanges. The latter occupy a separate niche, and such earnings attract many, because it is one of the most profitable and is quite capable of becoming the main source of income. Now there is a huge number of ways to get rich in the securities market, from stock trading and ending with ordinary speculation on the difference in currency rates. However, in recent years, binary options trading has become increasingly popular. However strange this phrase may sound, it is this type of trading that is able to bring the greatest revenue in the shortest possible time. So, binary options - what is it?

What are binary options?

Generally speaking, an option is a special voucher that involves some time expiration, after which it is determined whether it is profitable or not. It sounds pretty tricky, but in fact everything is much simpler. In our understanding, a binary option is a bet on a positive or negative outcome of an event. Traders have a rise or fall in the exchange rate of two currencies or a pair of securities. It depends on whether the outcome of the option is guessed or not, the trader's profit depends. Some compare this earnings with a tape measure, because if you discard any forecasts, then it is: either black or red. Although it is the ability to predict the behavior of currency pairs and options differ from the casino. Nevertheless, the currency market is so unstable and the fluctuations there are so insignificant that the forecasts of the behavior of couples are afraid to give even the most experienced traders. Despite the fact that there are indicators for binary options, it still can not provide a 100% result.

How to make money on binary options

Many are trying to learn how to make money in this market. In fact, everything is pretty simple. The general scheme is as follows: making a deposit to a broker (a site that is a trading floor), choosing a currency pair, entering the amount of the option and choosing its movement (up or down), waiting for expiration time. Quite a few try as a profit binary options. This is confirmed by the opinions: there are opinions from the most flattering to the negative. Nevertheless, in spite of any critics, you can earn binary options. Of course, this will require considerable knowledge and luck.

Trading platforms

Earnings are carried out on special broker sites. These projects provide an opportunity for traders to trade online immediately after making a deposit. Brokers of binary options provide various conditions for partners: the minimum deposit amount, the transaction percentage and many other possibilities. By the way, there are a number of proven trading sites that have positive reviews.

Some offer to install a trading terminal on your device, others allow you to trade directly on the site. Now you can answer the question: "Binary options - what is it?" This is a voucher that gives you the opportunity to choose one outcome, and if you make the right choice, you will make a profit.

Yield of options

Binary options are rightly considered the most profitable type of Internet trading. One transaction per minute can bring an average monthly salary of a Russian. The yield in case of a win varies from 50 to 80 percent. Such differences depend on the popularity of the trading pair and the situation on the market. If, for example, there is a pronounced trend, the yield will fall, since no broker will work at a loss. For this reason, there is a tough competition between sites: who will offer binary options at the best price? Reviews about brokers also play an important role.

Analysis and strategies

As already mentioned above, the difference between this kind of earnings from roulette is that you can analyze binary options. Strategies are also being developed in large numbers. Why is it generally believed that foreign exchange markets are amenable to forecasts? As it was explained, with a relatively stable economic situation, the fluctuations of the currency pair have a wavy character and frequency, depending on the moods in the markets. It is the ability to correctly guess when the trend will change, will help to be successful in trading options.

There are two types of analysis: technical and fundamental. About them will be told below. On the basis of technical analysis, various trading strategies are built. But it should be understood that each strategy can be applied only in "their" market situations. In the arsenal of this trader there are always several strategies that give him the opportunity to always be in the black.

Technical analysis

After the novice trader chose binary options as a market instrument (what you have already learned above), the first thing you have to face is technical analysis, which consists in the ability to work with signals.

In fact, these are ready-made solutions that should give the trader an idea of which way the option will go. But they have a number of significant drawbacks: first, there is no indication of their expiration, and secondly, they do not give an indication of how many points the value of the pair will change. But, unfortunately, these are absolutely insignificant problems of these signals. A much greater disadvantage is that in most cases they are incorrect. Many understand how to properly use them and focus on binary options. Strategies serve just that. In general, technical analysis is the assessment of the behavior of the chart and the study of signals, economic news and other factors, on the basis of which the type of strategy to be used during a certain trading time is chosen.

Fundamental analysis

This type of analysis is used to directly develop economic strategies. In fact, all the current situation on the market is already a number of ready-made solutions. Their correct understanding and ability to combine and will be the key to success. For a fundamental analysis, you need to have good knowledge. Of course, it also includes technical elements, but it is precisely the ability to correctly predict what situation will follow in the market for what is already available. Despite all seriousness, it will not take long for an experienced trader, and the result will be much higher than for technical analysis.

Conclusion

In this article we answered the question: "Binary options, what is it?" Some will say that there are too many conventions, others, on the contrary, will object that everything is quite simple. Nevertheless, the trade in binary options is really a rather complicated form of earnings, often depending on luck and luck. Sometimes even the most experienced traders do not risk using this market as the main one for their trade.