Over recent years the concept “binary options” has been overgrown with so much rumors, speculations and blatant lie that a novice traders are at a loss under abundance and mainly variety of information when meeting with this tool first. This article objective is to draw a line and give a clear and easy-to-understand determination for everybody as to the binary options.
So…. what are binary options
Binary options are a tool which ensures a possibility to feel a trading flavour for novices. It is provided for no particular reason, but for money that failed to return likely. It is a sole truth. All other matters are myths, speculations, complicated statements and so on..
In practice the binary options are rates of write-up and sagging of assets price in time length discussed previously. It is a sole truth again. Everything else… see above…
Binary options operate in “clearing systems”. The most brokers do not take out trading lots to interbank trade at all or until they may be as much as size-defined ones. It is not worth to be frightened as to related definition –the most forex-brokers operate by the same profile and it is not getting in the way to deal millions of operations by hundreds of thousands traders daily for internal broker’s accounts. We discuss the strategy of proper operation with “clearing” brokers in the comments that follow in much more details.
As any tool binary options may do good or harm. It depends only on a person that uses the present tool. It does not mean that we are not able to do rating for above tool. On the binary options comparison with real stock exchanges, commodity exchanges and even ( heaven forbid) Forex, so binary options is a “nursery school” sure. You remember I said that binary options ensure a possibility to feel a trading flavour, just “ to feel” but in no way to “eat fill”.
The truth about binary options looks likes so. You shall admit that it is slightly different from data of brokers’ sites and various partners. On the other hand it is not terrible as it is described by various opponents of binary options systems in their awkward works.
Why are binary options required for?
Probably a novice trader will be slightly puzzled having read up now. And a natural question arises in his mind: “If everything is so bad why shall I reach into these binary options?”
Strange though it may seen all above information is not a disadvantage but a main advantage of binary options, particularly for novice traders. That’s the beauty and uniqueness of binary options. They ensure a possibility not to precipitate into dealings for a novice trader but improve according to system from simple to complicated things. If to continue the associative line with tools so it is not worth to put a newly qualified person to CNC machine, it will be better to work with file a little. Both he builds muscles and TCM (Theory of Construction Materials) studies up.
Binary options are simple ones to realize and easy to execute. I mean the ease of binary options trading process as well as trading platforms provided by brokers. In a technical sense everything that is necessary for a trader is to show a direction of an asset price, rate expiration date and a sum, properly speaking. That’s all. It is really out of further actions. That’s good for a simple reason at least, because it permits to focus on a market analysis for trader but not on orders’ technical processing.
But… please take care! The largest danger for a trader is an unconcern, it is built into binary options simplicity. Do not defy this feeling otherwise you may lose all your money. To define a price properly some knowledge, skill and experience are required. You may obtain the knowledge studying the educational programs within our resource. Skill may be obtained for trading with binary options. An experience will arrive in time