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Earning money in a single Hour Trading Binary Options
Aug ust 22, 2011. Leave a co mment.
Binary option trading is a kind of trading that is called all-or-nothing that you either successful or unsuccessful. It is different from other conventional
trading technique since the investor knows before trading, the amount of profit to be made or the amount of loss to become incurred. Here, you can’t
shed more pounds than you invested and roi is usually high. This has made binary trading options very appealing to new traders who want an enormous
roi and it is extremely easy to learn and trade.
What you ought to trade binary options
1. Internet access
2. Computer (laptop or desktop)
3. Trading platform
Steps to binary option trading
1. Get a trading platform that’s reliable and that offers huge returns on investment. One way to this is usually the traditional way. Do your research on
Google by typing the name of the broker you are looking at to obtain all the information you’ll need. Keep in mind that there isn’t any extremity to
information searching with regards to entrusting your hard earned money to some broker. Find out all the details that are relevant, the minimum amount of
deposit, roi, bonus on deposit and special bonuses that make the company competitive.
2. Open an account with the broker of your liking. Registration is usually quite simple and straight forward. Usually you don’t need more than your
company name, country and address and some other easy information.
3. Deposit money to your account. Some brokers hand out a bonus for depositing money to your account, learn about this and choose what’s good for
you.
4. Visit the trading center. Here you will notice all of the stocks that are offered for trading their expiry date. Most times stock expire in one hour, so
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2. that your trade expire in an hour and you will cash in on your profit at the end of that period.
5. Choose a stock you would like trade in and look for all the charts that pertains to that stock such as the latest news that may affect the movement from
the stock.
6. If you feel the stock will rise pick the “call” button and when you think the stock will fall after the period, pick the “put” button and enter the amount
you will prefer to trade with available calculator. The calculator will automatically calculate your return at the end of the time and also the graph of stock
movement will be shown so you can adjust as the minutes count.
7. If your forecast was correct at the end of the time you will get the share of the money you invested (80%, 70%, and 65%) and lose the amount you
invested if you’re wrong.
Binary choice is very easy to trade, all you have to do the research on which direction the stock is going to move and when it will likely be higher or
lower to the original position at the expiry period.
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