Mineral; diversity

By Jo Phillips

Trading stocks doesn’t have to be a complex activity of reading up on a company’s performance, determining if they’re good for a short or long-term buy and hold strategy, and trying to diversify a portfolio for optimal performance. Instead, you can trade on the market with a little bit of money and a good sense of timing with binary trading. It’s a form of trading where you make a bid to stake out the time and amount you think a specific asset is going to trade at. You make a bid, put out a dollar amount, and wait for the designated time to come around or close your position before the time expires to make a profit.

Binary trading is a bit like gambling in that two people put up money against an asset’s performance. For example, you think a stock will make $250 by 2 p.m. while someone else thinks it’ll make $225 by that time. You put in a stake anywhere between $0 to $100 while the other person puts in the remaining amount. If you decide to let the option go to the expiration time of 2 p.m. and the stock price reaches your target, you get the entire pool of $100. If you lose, the other party gets your money. The same goes for when you think a stock is going to go down. And you can buy multiple options, known as contracts, with your specifications.

Read the infographic below to learn more about binary trading!

 

 

Screen Shot 2018-02-23 at 14.04.33Screen Shot 2018-02-23 at 14.02.53 Screen Shot 2018-02-23 at 14.03.04 Screen Shot 2018-02-23 at 14.03.13 Screen Shot 2018-02-23 at 14.03.22 Screen Shot 2018-02-23 at 14.04.05 Screen Shot 2018-02-23 at 14.04.19Screen Shot 2018-02-23 at 14.09.02Screen Shot 2018-02-23 at 14.10.03Screen Shot 2018-02-23 at 14.10.14

Categories
Culture

Up to Date

How to Stay Up to Date with Forex News Getting involved in Forex trading can be both exciting and scary,…

Verified by MonsterInsights