The history of Binary Options trading! Binary Options trading becomes popular since 2008 in America among people and from that time it has popularized rapidly among traders. So finally various corporations set up professionally in this case.
In Binary Options, a trader ought to predict the currencies and future direction of stocks and then trade. Furthermore, the important thing triggers this market easier than the others like Forex. It is lack of precise attention of exact prices in stocks and also currencies. What is more, only prediction of going up and down and knowing the direction of the market for getting profit and being successful is sufficient?
The popularity of Binary options in recent years
One of the popularity of Binary Options in recent years is the simple and clear function of it. It has become the simplest way of trading in online financial markets. Hence, it causes that a lot of different soft wares produced in order to tell the users about easy using it or being light and fast along with high security.
How to trade in Binary options
As we said before, for trading in Binary Options, it is essential to know the future direction of the market and it is sufficient to know it. Moreover, after analyzing, if the trader can predict the market in increasing way, he can trade or vice versa. If the market is coming down, he can trade in in increasing way.
For instance, the pair currency price for POUND is 1.26794 and the trader does trading in time frame of one hour. Therefore, at the end of the trading after one hour, provided the price is increasing more than 1.26794. The trader will get 76% profit of his investment. However, if the price decreases, the amount of investment will come down for sure.
Potential of profitability and the high risk in financial markets and Binary Options
Like other markets, Binary options is not only profitable but also it has loss. And it is not reasonable for beginners. A trader ought to have a good knowledge and also be able to analyze the market professionally in order to get sufficient profit.
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