2. There are a number of options,
which traders can use as they
venture into the Forex trade. One
such method is the binary options.
Learning how to trade binary
options, especially for beginners in
Forex trade, is a great step in
ensuring that the business is
profitable to them. The purpose of
this article is to educate beginners
in Forex on how to trade in binary
options, sometimes referred to as
digital options.
How To Trade Binary Options
3. First off it seems 70-80% is the
highest you can make where as on
NADEX you choose the risk and
reward. If you want to make 200%
you can if you want 400% you can,
and the more you want to make the
less risk you actually have to take.
Why is that? Because on NADEX
you have a choice of strike prices to
pick from some in the money, at
the money and out of the money.
Where as at the other firms, you
can only take it at the market at
that specific time and only for an
hour. So its more of a gamble.
How To Trade Binary Options
4. Assume that the current price of
gold is $1890.50 and a trader
predicts that two hours from now
the price of gold will go down. The
payout offer is 70% and the trader
places $100 bet on the prediction.
Two hours later, the contract
expires and the price of gold goes
down to 1890.25. This means that
the trader predicted correctly. As
such, the trader will get the $100
and a 70% return, which is $70
dollars, amounting to $170
regardless of the magnitude of
price change.
How To Trade Binary Options
5. How To Trade Binary Options
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