Binary Trading - An Investment Alternative
Binary Trading offers a good alternative to stock market trading and general investment trading. Binary, meaning two, lets you simplify the often complicated way in which stock trading is done by letting you predict one of two outcomes. This lets you bypass the process of buying stocks, waiting for them to increase or decrease in value and selling them based on a long-term performance.
With Binary Trading, you can literally select the asset that interests you and decide if its value will increase or decrease over a set amount of time. What makes this practice exciting and highly lucrative is the fact that you can predict a rise or fall over a period of a minute or an hour. With this in mind, there are no long-term investment commitments with Binary Trading. As a trader, you won't need to worry about an investment you’ve made, wondering if the stock might increase over the next few months. Binary Trading thus caters to a form of short-term investing and one that can bring about fast financial outcomes.
What is a Binary Option?
As mentioned, Binary implies ‘two’ and Binary Trading comes down to two choices to be made on your behalf. There are two kinds of Options you can elect to pursue – a Call and a Put. A Call Option dictates that you believe that the value of a certain asset will rise. A Put Option on the other hand is the exact opposite – dictating that the value of an asset will drop.
Asset Trading Options
Binary Trading affords you the opportunity to trade in a diversified portfolio of assets, all of which you can gain access to upon choosing one of the Trading Institutions we offer. But more on that later. Assets are divided into four major groups and they are:
- Stocks: These comprise some of the biggest companies/multinational corporations in the world. Google, Coca-Cola and Sony – these are the kinds of companies listed as Stock assets.
- Commodities: These are made up of physical items, and are usually ones that can be mined or grown. Corn, oil, coffee and gold are the kinds of assets that all fall under the banner of Commodities.
- Currencies: The nature of all major currencies can be monitored and predicted. AUS, USD, EUR, GBP and JPY are just some of the currencies that can have Options placed on them.
- Stock Market & Share Indexes: The Dow Jones, Nikkei, FTSE and the NASDAQ account for some of the indices on which Options can be placed.
Who Can Teach Me to Trade?
Binary Trading is offered through a number of online trading institutions, known to supply software, education and platforms on which to trade. Key tools are also provided to help you in your decision making. You can join up right now with the following Binary Trading organisations to start trading in and negotiating your way through an exciting financial world:
- Banc De Binary
- Ivory Option
- 10 Markets
- 24 Option.com
Please be aware that while Binary Trading can be highly lucrative, there are also risks that one can or will face. Like any endeavour in which cash can be quickly accumulated, thought must be given to the matter before progressing further.