BinXC, The Binary Exchange
5
What are Binary Options? Trading in binary options has become very popular in a short time. A lot of people even make a living from it. But what exactly are binary options? How are they different from normal options? And how can you make money with binary options? In this article we explore these questions. Binary options (also called 'digital options' or 'all or nothing options') are a special type of options. (Are you not familiar with options? Please read the article 'what are options'.) As with ordinary options, binary options have an underlying asset, which can be a stock, but also, for example, gold, oil, the S&P500 index, or the US Dollar. How much you earn or lose with a binary option depends on the development of the value of the underlying asset. The characteristics of binary options The option is independent of the underlying product. When the option expires, it does not mean that the underlying asset will be delivered. You only get the amount of money agreed upon in the option paid out to you. There are only two possible outcomes (hence the name 'binary' or 'digital' options): up or down. It doesn't matter how much the underlying asset has changed in value.
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Transcript of BinXC, The Binary Exchange
What are Binary Options?
Trading in binary options has become very popular in a short time. A lot of people even make a living from it. But what exactly are binary options? How are they different from normal options? And how can you make money with binary options? In this article we explore these questions.
Binary options (also called 'digital options' or 'all or nothing options') are a special type of options. (Are you not familiar with options? Please read the article 'what are options'.) As with ordinary options, binary options have an underlying asset, which can be a stock, but also, for example, gold, oil, the S&P500 index, or the US Dollar. How much you earn or lose with a binary option depends on the development of the value of the underlying asset.
The characteristics of binary options
The option is independent of the underlying product. When the option expires, it does not mean that the underlying asset will be delivered. You only get the amount of money agreed upon in the option paid out to you.
There are only two possible outcomes (hence the name 'binary' or 'digital' options): up or down. It doesn't matter how much the underlying asset has changed in value.
Make Money With Binary Options
Binary options are HOT! These financial options have been around for just a few years, and are fast becoming the most popular way of investing. Why is everyone so excited about binary options?
Trading in binary options is fast. Fortunes are made in a matter of hours or even minutes.
Binary options are simple and transparent. A welcome change in the complex financial world.
Anyone can trade binary options. You don't have to be rich. With a few hundred dollars you can open an account online in five minutes.
Free trading signalsAs an additional service we now offer the possibility to receive free trading signals. Trading signals tell you when you need to buy or sell an option.
It's very simple:
1. Sign up 2. Follow the signals 3. Earn money
Binary Options Economic Calendar
One of the most powerful binary options trading strategies is trading the news, also called fundamental analysis trading. For fundamental traders, the most important trading tool is the binary options economic calendar. The calendar shows when there will be important macroeconomic news that may affect asset prices. And if you can predict in which direction asset prices are going to move, you can make a good profit with your binary options.
From time to time governments, central banks, or other important actors in the political-economical spectrum release macroeconomic information. This information gives investors a clue about the direction an economy is heading. That in turn affects prices of currencies, commodities, market indices, and sometimes stocks. Generally speaking, positive news is good for a country's currency and stock market index, and leads to a price increase. Negative news is bad, and leads to a price decrease.
The economic calendar displays all the important economic news events, both past and upcoming. An event can be the release of macroeconomic data, a decision by a central bank, a speech by a minister of finance, or anything else that is expected to significantly affect prices on the financial markets.
Binary Options Strategy
To be successful at binary options trading it is important to have a good strategy. A binary options strategy is a trading system that tells you what trades to make in order to make money in the long run.
All the best traders have their own trading strategy. They generally don't share their strategies with others. If they did, their trading opportunities would soon disappear and their profits evaporate. If you encounter someone who's saying they'll freely share their trading strategy with you, don't trust them.
So that's not what we'll do. If you were hoping to get access to our own secret trading strategy, we're going to have to disappoint you. What we will do for you is provide you with all the necessary tools and insights to develop your own binary options strategy.
Contact BinXC, The Binary Exchange
Address :
Visit : http://www.binxc.com
32/519 Wickham Pl PERTH WA 6004
BinXC, The Binary Exchange, is also on Twitter
