Make profit with Binary trading

Make profit with Binary trading

29 October 2015, 18:01
Pankaj D Costa
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Make profit with Binary Trading

What is Binary trading ?

Binary option and Day trading are both ways to make profit or loss money in the financial markets, but there is a difference between this two methods. A binary option is a type of options in which your profit/loss depends entirely on the outcome of a Yes/No market proposition: a binary options trader will either make a fixed profit or a fixed loss. Day trading, on the other hand, is a style of trading in which positions are opened and closed during the same trading session. A day trader's profit or loss depends on a number of factors, including entry price, exit price, and the number of shares, contracts or lots that the trader bought and sold.

Binary options are available on a variety of underlying assets, including stocks, commodities, currencies and even events, such as an upcoming Fed Funds Rate, Jobless Claims and Non-farm Payrolls announcements. A binary option poses a Yes/No question: example, "Will the price of gold be above $1200 at 2.30 PM ?" Read More