The simple investment that is catching on these days is called a binary option. The name may sound a bit scary but the beauty of this investment is that it is as simple to understand as a coin flip, and if you have enough money to open an checking account, you have enough to open a binary options account – it’s that cheap.
Up or Down, True or False, Yes or No – Binary Options Only Have Two Fixed Outcomes
A binary option simply stated is an investment that has only two outcomes. One might think of it as answering a yes or no question, or true versus false, up or down – you get the idea. In this case the question this simple investment answers is up or down. Traders make very short term investments (most less than an hour, some less than a day) where they attempt to predict the direction a stock will move, rather than trying to guess how much it will move. The reward for guessing correctly is very substantial – where else can an investor get 60% or higher return on investment for an hour’s risk? A 60% yield is the equivalent of three years worth of returns for an excellent investor. Is it any wonder then that top investors are taking to binary options to shorten their work days?
Taking Advantage of Binaries – a Simple Investment Thought Process
To take advantage of this simple investment strategy, if a trader believes a stock like Google will go up during a given (very short) time period he or she buys a call binary option for fixed dollar amount (investor’s choice) on Google stock set at whatever Google’s stock price is at that moment. At the top of the hour (or at the end of day depending on the contract) the investor finds out if his or her call option made money or lost money. I can’t think of a more simple investment than that – none that pays that much that quickly anyway.
No Transaction Costs Open the Door to Micro Cap Investing
These low / no transaction cost accounts provide investors with little capital the ability to make small trades and not have to overcome the prohibitive transaction cost hurdles associated with other types of day trading accounts. Learn more about this simple investment, including examples of how to make smart trades. See also some of the other advantages opening a binary options account, such as no commission trading and no spread trading.
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FOR A PERSON WHO HAS NEVER TRADED BEFORE AND WANTS TO START DO I NEED TO ATTEND CLASSES ON HOW TO?
Take our binary options trading course online. It’s free.