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Binary option by nida
1. Binary option (BO) can be intimidating for people without any background on the said subject. I
started this blog to make people learn about the market and eventually, explore it for themselves
as it is a learning process that actually never ends.
Imagine you're playing poker, you have your cards, your chips, and there are cards faced down
on the table, all you have to do is bet. With the proper knowledge and the right insight, anyone
can grow financially in this business. Who wouldn't want up to more than half returns to their
investments? Now then, let's get started.
Your Investments are your “chips” and you can only win (or lose) the same amount as your
investment. This makes (BO) easier as it is straightforward. It is also a waiting game as you have
to wait for your assets to grow in time.
The word binary itself actually means "composing of two pieces". Basically, the concept of BO
goes down to two investment possibilities, "Yes" and "No".
Always keep in mind that when you invest in a market, you should really have a background in
the said market as it would give you a better insight on predicting where and when to invest or
pull out.
Assets
There is a wide variety of assets that are available for traders.
Indices, Currencies, Stocks, and even Commodities can all be used as assets. The market never
stops changing so it is quite important for you to always monitor the market as no one really
knows what direction it will go... we can only predict.
"Call" and "Put"
First, let's discuss how to make a "Call", this is something you should do when you have made a
prediction that your asset is going rise. On the other hand, "Put" is the investment you do when
you predicted it the other way around.
There are other types of trading as well.
2. Touch/No Touch, where a trader predicts will or will not reach a predicted set price during a
contract period. Boundary, where the trader has to predict a highest and lowest level of the
investment, also known as a boundary and the asset value have to not exceed either of these
amounts while under contract. Lastly, there’s the “60Seconds”, almost the same as “Call and
Put” but the contract ends in less than 60 seconds. It is the fastest known form of trading.
You can learn more in Titan Trade, a user friendly trading platform.
visit Titan Trade at: http://titantrade.com/