Binary options are often referred to as all-or-nothing options. This is quite reasonable considering, that their specific feature is, that depending on certain conditions, agreed in advance, or provides a certain strictly fixed income, or does not bring anything at all. This payment is carried out regardless of the degree of price change., both upward, and in the direction of decreasing.
At all, binary options trading to a certain extent resembles a game of roulette. But don't overestimate what has been said, because the share of strategy here is also very significant. Instead of numbers in red and black fields, in the case of options, one has to deal with the prices of financial instruments. If you, for example, bet on, that in an hour the price of a pair of two currencies will be below a certain mark and you are right, you get your entire stake back and get a fixed percentage on top. Here's the thing., how much will you lose if you lose, directly depends on the previously agreed conditions.
Despite the fact that, what Binary Options involve serious risk, because money is lost in one moment, and to win, anyway, luck is just necessary, there are people, striving to develop strategies. For such enthusiasts binary options trading turns into an exciting experience. Someone, undoubtedly, finds a way, allowing to increase the share of winnings. Many seek to sell the technology of success, but there are also those, who just puts them in the public domain. Anyway, there are no universal recipes.
What are the advantages Binary Options? Perhaps, the main thing is the fact, that the exact amount of the payment can be known even before the contract is concluded. And in this way, easier to foresee possible risks, and as a consequence, easier to manage multiple trades.
In general,, an important advantage of binary options is the fact, that they do not imply serious theoretical training. Namely Binary Options involve the smallest risks, because in case of success you get a fixed profit, but in case of defeat you remain, as mentioned above, with their, or you lose a little.
Nevertheless, in no case should you think, what binary options trading simple, and can generate a steady income. Working with options also requires training, strategic literacy, and all this comes with the acquisition of a certain experience.
Financial exchanges are definitely not lotteries. Winning positions are guessed for a reason, otherwise it will be extremely difficult to win, but still, based on some specific knowledge. And you can study here endlessly..