2. Open a brokerage account which
allows trading in binary options.
Since binary options are an exotic
investment vehicle there are not
many brokers that an investor can
use to trade them. One of the few is
These accounts can be funded with
a bank transfer or by using a credit
card.
Does Anybody Make Money With
3. Research the stock being
considered completely to get a feel
for whether it will go up or down.
Since the stock only has to finish
one cent in the money an investor
only has to determine which
direction the price of the stock is
going not by how much. Also the
price of binary options can be as
low as $30 so even if the investor is
wrong they will not lose a fortune.
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4. Educate yourself about options
strategies and methods. Through
the combination of puts and calls, a
nearly endless number of
strategies can be created. Be sure
you understand when each
strategy is appropriate, and how to
properly manage risk. Your
learning should come primarily
from analytical textbooks in
options trading, and only
secondarily from Internet
resources, which tend to not be as
detailed or authoritative.
Does Anybody Make Money With Binary
Options
5. Does Anybody Make Money With
Binary Options
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