The key to binary options trading is to control risk. As a result, a trader can never lose too much money on any particular trade. A trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money, a trader only needs to be correct on about 60% of trades of the trades that they take. If you want to start trading binary options without risking your own money, try Binary Options No Deposit Bonuses in 2020 – Make Money Online!
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How to trade binary options on the meaning of any person:
You decide to trade EUR/USD with the assumption that the price will rise. The pair’s current price is 1.1250, and you believe that after one minute (you can choose 5 minutes, 1 hour, 1 day, etc), EUR/USD will be higher than that level.
You then look at your binary options trading platform and see that the broker’s payout is 93% on a 1-minute option contract. Finally, decide to buy a “call” (or “up”) option and risk a $200.00. The risk you take is limited to the amount paid on the option. After 60 seconds (or at the end of any contract you chose) if the price will go over 1.1250, even at 1.1251, you will win 386$ (186$ profit after 60 seconds).
$200 (your initial investment) + $186 (93% of your initial capital) = $386
Binary Options – How Much Can You Make?: This is not a simple question. There are certainly traders who make a living with binary options. You could make thousands of dollars every month. However, the best is if you start with lower expectations. Making hundreds of dollars steadily is a good way to start.
Binary Options No Deposit Bonuses in 2020 – Make Money Online
