Periodically, among friends or in the vast expanses of the network, the term “binary options traders” slips past users' attention.
As a rule, these words are associated with highincome on the Internet, which allows you to have a good level of comfort and is completely independent of the specific place and the more strict and uncomprehending boss.
But in some forums you can hear andechoes of frustration with options trading. Given the popularity of the topic and the ambiguity of the information background associated with it, this direction of earnings should be studied in more detail.
Binary options: the whole truth
For a start, it makes sense to accurately determine the factwhat are options and what they eat. So, transaction options are called for the reason that they have the form of a regular option contract. The term "binary" was assigned because of the most simplified trading system, in which there are only two options.
In essence, the meaning of working with options comes down toin order to correctly determine where, in what direction the price of a particular asset will go: up or down. If the direction has been determined, the trader earns correctly, if the forecast is erroneous, he loses money.
Binary options signals online can beuse to acquire assets of various types. These can be securities, currency pairs in the financial market, cryptocurrencies, world demand, and stock indices.
Obvious advantages
Учитывая простоту торговли и возможность fairly quick earnings, many who want to change their financial level pay attention to binary options. “Divorce or not?” Is the question that many inexperienced users ask when they hear from others about the prospect of so attractive earnings. In order to get an answer, it is worth considering both the positive and negative sides of this method of financial growth. Let's start with the benefits.
- Simple process.For those who intend to try their hand at making money using the Internet, it will be difficult to find a simpler tool for making profit. After all, all you need to do is correctly guess the direction of movement of the quotes.
- High yield.This aspect is one of the main ones in the framework of the topic “Binary options - the whole truth”. The essence of the financial miracle of options comes down to the fact that the trader has the opportunity to double his capital in one transaction. But only in the case of a correct prediction, of course. This level of return allows you to earn a decent amount in a short period of time.
- Минимальный вход.One of the main problems in the formation of any source of income is the need for investment. In the case of options, you will not need a lot of money in order to try your hand. It is possible to start with $ 10 on hand.
- Both risk and return are known initially.Everything is very simple here: the trader, before buying an option, already knows how much he will lose in case of failure and what his potential earnings will be. Moreover, the size of this indicator can be determined independently, thereby regulating the risks.
- Unlike the Forex market, binary options trading is available round the clock on any day of the week, including Sunday.
disadvantages
There are also disadvantages, which inevitably imply such an instrument of earnings, as binary options. The whole truth of the negative side of trading comes down to several key points.
- Very high level of risk.If we compare this type of options with other instruments of stock trading, we can confidently assert that its use carries the highest risks. Capital can be lost as easily as doubled - in one transaction. But even if risks are regulated, it is possible to part with a deposit in such trading much faster than in the case of the Forex market.
- Short gaps trading.Binary options transaction forecasting time is either short or very short. Such large time frames, as in the case of classic options, are not used here. But it is extremely difficult to try to predict the movement of quotations at minimum time intervals, and in most cases this simply cannot be done. For this reason, the overwhelming majority of traders, especially those who just came into this area, trivially guess the outcome of the transaction.
- Few tools allowqualitative analysis. The schedule of binary options both on trading sites and on terminals does not allow the player to carry out a technical analysis of the selected asset with which it would be possible to make predictions. Under such conditions, it is very difficult to make a stable income.
- Difficulties with brokers. Quite a few, before opening an account, they try to determine whether binary options are divorce or not. AND It is fair to note that in somecases of inexperienced enthusiasts waiting for deception. The facets of fraud in this area are numerous: from incorrect data, to the banal non-payment of earnings. Any claims later will be difficult, since the majority of companies are registered in offshore zones. To avoid negative situations, it is worth examining the ratings of brokers. For example, if you type “binary options” in the search engine, IQ Option will be one of the leading companies in this field. Finding out this fact, you need to carefully examine the reviews about this broker and others like him, and then make a decision.
Obviously, it is necessary to weigh the pros and consbefore making a choice in favor of such an exchange instrument as binary options. Reviews, real and in different forums to read as necessary. This will help determine the most reliable broker and protect yourself from unpleasant situations in the future.
How does the trading process
To make money on binary optionsFirst of all, you need to install an online platform that will allow you to receive signals and open deals. Such a platform gives the trader access to various assets, among which he can choose the most predictable. Quotes of these assets are constantly changing due to various economic processes.
Платформа, используемая для торговли, также allows you to access economic news. To help the trader, some companies offer both free binary options signals and those for which you have to pay. This means that a trader can use not only his subjective opinion about the movement of quotations, but also use information that helps to make a certain decision.
But, as mentioned above, it is extremely difficult to predict the direction in which the graph will go, even with auxiliary tools.
In most cases, companies offertry a virtual trading tool such as binary options. A demo account provides an opportunity to understand the essence of the process and assess the chances of success by producing the necessary number of transactions.
But even with some success in trading onThe demo account needs to be understood that when using real money, the emotional state of the trader, which has a direct impact on the player’s decisions, always changes.
Choosing binary options, learning costsconsidered as a prerequisite for success. Of course, for the stable trade of the acquired knowledge will not be enough, but the trader will at least be aware of the processes with which he has to deal and will be able to develop more dynamically.
Features of trading signals
First of all, it should be noted that there are three key types of signals for binary options:
- brokerage;
- free;
- paid
The basis for their issuance is the following information:
- individual opinions of analysts;
- indications of indicators;
- duplicate analysis;
- regional and world news;
- calculations professional traders and analysts.
Find out which signals are the mostoptimal, possible only through trial and error in dealing with a particular asset. And you need to try both paid and free signals, because in both categories there is irrelevant and valuable information.
Brokerage signals
It's about the information that is providedbrokers themselves. Her goal is to help the trader make the right decision. Often they are relatively accurate. This is due to the fact that companies want to attract as many players as possible to their platform. It makes sense to take such signals into account if binary options were chosen as a source of income. The whole truth about this type of earnings comes down to the fact that no one can predict the movement of quotes, so you should not pin on such signals of absolute hope.
This means that it is always important to take into account the possibility of loss and correctly distribute the risks.
But a certain benefit in the similar informationdefinitely there. If the broker is serious, he forms a team of professional analysts who monitor the economic situation in various regions, analyze news and test the market on an ongoing basis. The fruit of this particular work are the signals from the broker. That is, it is not a matter of subjective opinion, but of a summary analysis of the market and specific assets.
Free and paid signals
Online, if desired, you can find significantthe number of offers for paid signals for binary options. Choosing a specific option, you need to be extremely careful, because along with experienced traders and companies selling signals can be engaged amateurs who want to get easy money. Therefore, in a topic such as binary options, reviews (real and in large quantities) will always be relevant.
You need to check any offer and every company that you intend to work with. This will save a lot of money by avoiding deception.
It is worth noting that in the vast majorityCases of buy signals are offered by experienced groups of traders who combine their efforts to conduct high-quality and extensive analytics and provide relevant information to those who are not competent in the subject.
But in any case, the purchase of a signal - it is always a risk, since the degree of their effectiveness can be found only after the acquisition.
As for free signals, they canprove useful and in some cases even more relevant than paid ones. To the question "Why would anyone give such information free of charge?" There are several answer options:
- If a trader gives quality signals for free, he quickly acquires a high rating and can subsequently attract investors' money, which will significantly increase his earnings.
- Есть ресурсы, которые ориентированы на broker promotion. For such sites, the issuance of free signals is also profitable. This allows attracting the attention of beginners who, after quality information, will be motivated to open an account with a specific broker.
Training
In a topic like binary options, the whole truthNaturally, the newcomer will not open in a few weeks of practice. But the path of awareness and acquisition of the necessary skills can be significantly reduced if trained.
Такую информацию могут предлагать либо брокеры, or experienced traders. This is with regard to systematic data, divided into topics. If you teach for free or ask for a little money, then you can take a couple of courses. This will eliminate the initial ignorance and understand the essence of trade. But limited to one source of information is not worth it. It is better to monitor the appropriate resources and compare the flow of topics.
The best option would be to check variousbrokers with the help of network resources, determining the fact of which one of them is the most honest and the subsequent completion of training there. This recommendation has its own logic. The bottom line is that those companies that are focused on earnings through a commission will do everything that their services are used by the maximum number of traders. This means that they will train well.
If we talk about brokers who are interested in a massive drain of deposits, then you should not rely on honest training that will help you earn.
Add knowledge base can and should visitspecialized forums. Usually on such resources is the most interesting information. In addition, the forums can ask a question and get answers from a significant number of users. Thus, choosing binary options, you need to go through training, but to do it correctly.
Use of robots
Это еще один способ получить прибыль, но уже без active personal involvement. A binary options robot is nothing more than an electronic program customizable in accordance with the trading strategy of the trader who bought it. Subsequently, the robot will perform the specified actions automatically, without the participation of the trader.
The robot independently analyzes charts, movement of quotes and opens trades in accordance with the algorithm that the trader asked.
Developers of such programs, of course, do notreveal the secrets of embedded schedule evaluation systems, but in most cases they are based on working with indicators that various indicators give out. It is the fact that how many indicators will be involved and how well the settings of the robot have been made determine the degree of program effectiveness.
Choosing robots is also necessary with the accompanying study of reviews and recommendations of real users.
It is also possible to automate trading through advisors who will copy the transactions of a particular trader. Find companies offering this service will not be difficult.
Суть такой торговли сводится к тому, что A novice trader who has bought a robot from a broker can receive automatic duplication of transactions that are made by successful players. Moreover, the capabilities of the robot allow us not to be limited to one platform, but to collect and analyze information about the transactions of various traders. After, according to a predetermined algorithm, filtering and selection of the best candidates for duplication of transactions takes place. In this case, the one who acquired such an adviser, it remains only to observe the active trading.
There are companies that offer newbies to explorerating of traders and choose a specific player to copy his transactions. This option is also quite attractive, because you can use the strategy of a person who has developed their skills for quite a long time without experience.
How to pick an option
Another issue to be resolved by the trader is the choice of a specific type of asset for subsequent trading.
If we are talking about the beginning of the activity, it is betterdwell on classic assets, since they are easier to trade and understand in general. After the terminal has been mastered and certain skills become available, you can switch to more exotic options. But it is always worth remembering that there is an opportunity to use a demo account for testing a new direction of work.
Also in the process of trading is to find out whattime frame is the most optimal. For example, you can feel more confident working with options for 60 seconds than during longer time periods.
Outcomes
Choosing binary options with a deposit of anysize, you need to realize that this income has both the potential for extremely high returns and extremely high risks. As for the possibility of stable earnings, it is there, but it’s really possible to achieve a permanent profit only if you have a wealth of experience.
Use this tool as the mainwill be rash. Binary options are best used as an additional opportunity to make a profit, risking only the amount that can be lost without deep regrets.
