Online trading and binary options – the ability to quickly obtain the planned profit in the amount more than the classic Forex market
In modern conditions of rapid technological development the popularity of trading via the Internet (online trading). This area has a lot of advantages, but its main feature is the ability to gain direct access to the exchange. This allows you to make deals and to trade (buy/sell) futures contracts, stocks, securities and bonds, excluding the communication with the broker directly.
Online trading of currencies within the binary options
Trader — a specialist who makes a profit, making transactions on stock and currency markets. It is a trader conducts foreign exchange transactions on the stock exchanges and Forex markets. As a result, all risks associated with the transaction will fall on the shoulders of the trader. The community of traders “TraderSapiens” knows this firsthand.
Rich practical experience of our specialists confirms that many beginner traders often do not know what rules you need to play on binary options. Actually make money part of binary options is very simple. It does not matter the level of growth or fall of currency, it the fact of the price change, even if it is a deviation of 0.001 points.
For comparison, the classical trader on the foreign exchange market is experiencing greater risks in order to earn a profit of only 1-2 %. In turn, the trading of currencies within the binary options make up to 85%, not more than 15 minutes of trading. Success in this direction is competent forecast of the price change. Thanks to its experience, the community of traders “TraderSapiens” can say with certainty: to predict the direction of price changes of a currency is much easier than guessing the extent of its decline or growth.
The essence of trading comes down to:
collection, comprehensive analysis and subsequent forecast of the situation within the binary option;
choosing a strong currency pair;
the forecast on the dynamics of price changes in a certain period of time (fixation of the desired profit);
the final decision on opening a position in a strictly limited time and only on specific predicted price (fixing the price at which the position will be closed).
Time is an important factor determining the success of the auction!
Expiration time (execution time) of the option is an important part of binary options. Choosing a deadline, the investor automatically becomes a participant of the trading, and short term. I.e. he gets the opportunity to get the desired profit as quickly as possible. However short term trading is very risky direction to work in which can only by experienced professionals. If you don’t want to take leave this “thankless job” experienced traders!