Binary OptionsBy BinaryOptions On January 30, 2012 Under News Binary Options
Binary options have become in just a few years one of the best ways to make money on the internet.
Bloom throughout the commercials more incentives than the other: “Earn money in a few hours”, “Round up your end of the month from home”, “over 85% in two hours.” So what are the binary options? Is this a realistic financial product? How to put the odds on his side to earn money with binary options?
Easy to make an investment:
Binary options are as the name suggests, an option on the future as opposed to an action, you do not buy a stake of a company, but the trend of future courses that you must provide. There are generally two options for a binary option: up or down. To earn money, you must accurately predict the trend of the price performance of a financial product after x time. That’s what makes the interest of binary options: earn quick money, but it’s also what makes the difficulty of the operation.
Open an account very fast:
To get started in the market for binary options, you must go through a broker. There are several on the market. In general, they are paid through commissions on the options you are taking: that is, if you do not return, you pay nothing. There are no registration fees or child care expenses. Be careful when choosing your broker because the commissions are not the same everywhere. In addition, to attract new customers, many market places offer gifts to encourage new registrations (by crediting your account a certain percentage of the amount deposited). Feel free to open multiple accounts to see what suits you best and to get incentives for registration.
you can open an account with the brokers of binary option of good reputation, for example:
Choose binary options:
You’ll quickly see the possibilities of pass options are almost unlimited and new financial products appear almost every day. On average, each broker offers between 70 and 80 bit options that you can take a stand. The best known are the currencies (Euro, USD, Euro-Swiss Franc, Dollar, Pound, Dollar, Yen, etc …), but also the raw materials (oil), the price of gold, silver, etc … You can even take options on the evolution of stock market indices (CAC 40, DAX, Dow Jones, Nasdaq). To choose your options, take only those you know well. If you do not know German companies, it is unnecessary to comment on the Frankfurt Stock Exchange.
More and more brokers are trying to multiply binary options and try to make them more complex by allowing the investor to determine the target market: you will be asked a prediction market, but also indicate a price range in for completion this development. Use these options a little bit more complex if you know them well.
Establish a system of trading:
To make money using binary options, it is essential to establish a trading system, ie to define your goals (the amount of expected earnings) but also how to get there (by defining you want to take risks). There is no ready-made to apply a method prepared by someone else, one must apply a personal method that works for you, prepared by you.
To build a good trading system, you should never invest more than one option that you can afford to lose. Indeed: it should not be an option for you loser turns into a disaster. To make money on the binary options, one must accept to lose sometimes. The key is to win more often than you lose.
Do not take advice anywhere
Attention because all beginners at one time or another are tempted to find tips to succeed in their binary options. Read sites, blogs and participate in forums, but avoid buying so-called ready-made ways to make money on the binary options. They never work.
Similarly, there is no need to go in search of a hypothetical martingale which you can earn money with binary options: the market does not react at all in this way.
The only way to make money with binary options lies in your ability to provide the best possible market trends.
What advice to give before going?
- Start by opening a demo account: Some brokers offer to open a demo account that allows you to take a few options but in fictitious real market conditions. You can then see if the platform is right for you before you jump in real trading.
=> Open an account on optionfair (click)
- Stay connected at all times on the sites of economic information: Binary Options react to market conditions. To predict the evolution, you must have a permanently connected ear market. Do not hesitate to make a selection of sites that seem to be the most relevant and deliver you the best information.
- Determine your strategy so you asked most of the problem in order to refine: this is rather the trend you can not predict the market or is it more over time? To start, avoid too short and rather prefer the longest times to make your predictions.
- Start by taking small options: do not bet big on your first investments. It is better to go gradually. Start with small investments and functions of your results, increase your initial set.
Making money through the binary options is possible but not done overnight: it takes patience to build a good trading system and to implement it. If you do it methodically, you can supplement your income substantially months undoubtedly using binary options.