Binary options – a great introduction to financial trading   no comments

Posted at 4:05 pm in Binary Trading,Uncategorized

As more and more people are starting to get interested in financial trading, I thought I’d write up a post about where to start and what to do when you’re a beginner in the trading game. The first thing you need to understand is that it’s alright to be a complete newbie in the beginning of your journey. You don’t have to be educated or know a lot about what’s going on in the financial world – I know I didn’t. Things like that you will pick up along the way so don’t worry to much about them just yet.

I think the easiest way to get started in financial trading is by starting to trade binary options. Binary options are by far the simplest form of trading, and you can literally learn it in just an hour (the basics, that is). In binary trading you will invest on your prediction of whether an asset like currency, stock, indices or commodity will increase or decrease in value over a short period of time. Unlike other forms of trading however, you don’t buy and sell assets when you want to. You simply invest on the fact that for example EUR will increase in value within the next 30 minutes. When you’ve made your investment you will have to wait half an hour. If the EUR indeed did increase in value in the thirty minutes time you will get your investment back along with a massive return rate of up to 80%. However, if the EUR had decreased in value instead, you would have lost your investment. You can read a more detailed guide on how binary options work on a Spanish trading site called Opciones Binarias!

Another reason I like to recommend binary options to beginners in trading is because it’s not that different to sports betting or roulette. Most people who get in to the online trading market come from the online gambling world which means that binary options will probably be the financial instrument that feels most recognizable to them.  If you think about it, trading binary options is very much like making a bet on a football game, for example. You do you research and and then you predict the outcome of the event and you make you bet based on that prediction. However, I would say that in binary options trading you have a much greater chance of making the correct prediction thanks to the many analytical tools that the brokers provide.

If you are interested in trying binary options, I can only warmly recommend that you try it out! You can find loads of guides, strategies and good binary options brokers at!

Written by wlansecu on March 20th, 2013

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