Learn How to Trade Binary Options Professionally
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A binary option is a quick and easy financial tool that allows investors to wager on whether the price of an asset, such as Google stock, Bitcoin, the USD/GBP exchange rate, or gold, will rise or fall in the future. The time duration might be as short as 60 seconds, allowing for hundreds of trades every day across any worldwide market.
Before you conduct a trade, you know precisely how much you stand to win if your forecast is accurate, which is generally 70-95% – if you deposit $100, you will receive a credit of $170 – $195 if your prediction is correct. This simplifies risk management and trading choices significantly. The conclusion is always a Yes or No answer – you either win it all or lose it all, thus the “binary” choice. One of the appealing aspects is that the risk and return are recognized in advance.
Binaries that are exchange traded are now now accessible, which means that traders are not trading against the broker.
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