Benefits of binary options trading
Binary options trading is an easy way to win money. There is no buying in binary; there is no selling in binary, there are only predictions. If you predict right on how the value of a certain stock market will change you will win money, however, should you predict wrong you will lose your whole bet. Being successful in binary options trading is tricky, but if you get your head in the game and win most of your bets, you will find yourself covered in easy money.
Binary options trading is called binary because there are only two options, you either call that the price will increase or that it will decrease, and that’s it. Of course, behind your decision you should have some research and analyzed data for the maximized chance of success, but, if you are a lucky person, you might just win without any prior knowledge.
So, what are the benefits of binary options trading?
1. Binary Options Trading offers high returns on your investments. Typically you will get sixty to ninety percent of your money in winnings. That is a lot compared to some other options you can find online. For example, FOREX trader would only get ten percent back in winnings.
2. Binary Options Trading shows risk and reward beforehand. Most similar concepts do not show how much you will win or lose, and it’s all very unpredictable which is not the case with binary options. Go to 10bestbinaryrobots.com if you want money for chicks. Here, you know exactly how much money you will win if you predict correctly and how much you will lose if you are incorrect. This is a very important thing because with fixed rates you will be able to calculate your wins and losses more accurately and improve your performance overall.
3. An amazing thing with binary options is that usually, you get part of your money back even if you lose. This is because binary options trading is a bit riskier than other forms of trading and in order to make binary more appealing to customers, many brokers give from five to fifteen percent back on a losing bet.
4. Easy to trade
As we’ve already mentioned, binary options only have two options, yes or no, call or put. You either bet that the value will increase or decrease. That’s all there is to it. Another very important thing is that you can set the time frame of your bet. You can call that the price of gold, for example, will increase over the next two days, or over the next 25 days. This gives you a lot of freedom but also an infinite amount of bets you can place.
Because you aren’t buying or selling, you aren’t holding anything in your possession, you simply bet and after the time is up you either win or lose.
5. Binary Options have fast turnover rate
In many states, the lowest amount of time you can bet on is one hour, but there are websites which offer sixty-second bets. That is a one minute bet!
You can basically bet sixty times in a minute. Imagine how much money you would get if you predicted every bet correctly.