Binary Options is another way of making money online but this is a highly specialized job and to earn money from this technique you need to understand the way in which Forex, Commodities and shares move. This is quite similar to trading in foreign exchange, commodity market or share market with a fundamental difference in the way you trade with Binary options.
An option is either a Call or a Put. What does a Call mean? A Call is when you say that a commodity for example Gold would trade above a price that it is quoting at present for the next 30 minutes. So for example if Gold is trading at $1261 and you are sure that after 30 mins it will be trading above this price then you buy a call for $25 which is the minimum investment that most of the platforms give as an option. So if after 30 minutes Gold trades above $1261 which can be $1261.01 then you make money on the call that you bought. In most of the platforms the amount you make is 75% of your investment so the amount you would make on this call would be about $18.75. In case Gold trades below the $1261 which could be $1260.99 then you would lose 95% of your investment.
This is why you have to have a very sound knowledge of how the trading in commodities, forex or shares works to earn money from this type of trading.
Hope this information is helpful to you and you make a good decision based on the information provided here in this blog.
An option is either a Call or a Put. What does a Call mean? A Call is when you say that a commodity for example Gold would trade above a price that it is quoting at present for the next 30 minutes. So for example if Gold is trading at $1261 and you are sure that after 30 mins it will be trading above this price then you buy a call for $25 which is the minimum investment that most of the platforms give as an option. So if after 30 minutes Gold trades above $1261 which can be $1261.01 then you make money on the call that you bought. In most of the platforms the amount you make is 75% of your investment so the amount you would make on this call would be about $18.75. In case Gold trades below the $1261 which could be $1260.99 then you would lose 95% of your investment.
This is why you have to have a very sound knowledge of how the trading in commodities, forex or shares works to earn money from this type of trading.
Hope this information is helpful to you and you make a good decision based on the information provided here in this blog.
It is a fruitful way that the way Binary Options work.Gambling is a big issue in trading system. any system which is avoid this issue is the best system i think.
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