Trading binary options for fun and profit a guide for speculators

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AnyOption has long been a leading innovator in the binary options industry. They were one of the first brokers to open, one of the first to offer 60 second trading, one of the first to by CySEC regulated, they led the market with the introduction of style trading and they have done it again with their latest product, Bubble Trading.

The name may sound cutsie but trust me, this may be the easiest, funnest and safest way to trade binary options that I have ever seen. To say that it makes simple trading simpler is an understatement. This is how it works. Then you pick the amount the you want to trade, all done on an easy to use trading platform with larger than usual interface.

To enter the trade you use a chart of price action displayed as a line, nothing easier than that, then use your cursor to click on the spot you want to draw your bubble and drag it to the size you want.

The bigger the bubble the safer the trade and the smaller the payout, the smaller the bubble the riskier the trade and the bigger the payout. The chart is displayed in two halves, split down the middle. To the left if the chart of active prices, the hard right edge the most recent price. To the right is the clear area in which you draw the bubble, once you have completed your bubble the two halves join together and price action is allowed to progress into the second half of the chart and into the bubble.

The time to bubble can be adjusted by where you place it, obviously the closer to the mid-line of the screen the shorter the expiry, as low as 15 seconds in some cases. A simple touch to the make your binary options trading simpler and enjoyable is not enough. If prices completely bypass your bubble there is no return, you achieve maximum loss. There are two tools available to help with trading, and On Target feature that lets you know how close price is coming make your binary options trading simpler and enjoyable your bubble, to be sure when it is pierced, and the other is a volatility meter.

The meter is the better of the tools in my opinion, and can be used to choose which assets you want to trade. If you are looking to do less risky trades for lower returns but higher win rates a lower volatility asset is best, if you are looking to do higher risk trades for better returns a more volatile asset is best. You may be tempted to do a lot of low risk trades or a lot of high risk trades trying to take advantage of 1 virtually guaranteed returns or 2 the big score.

This is what I think about that. First, the low risk trades are nice but come with a hidden risk akin to what you get with Martingale. You may win a few, or a lot, but in the end the one loss will kill you. The same is kind of true in reverse for the high risk end of things. My advice, stick with moderate risk trades, use some judgment on your entries, have some fun and win some money. Bursting The Profit Bubble This is how it works. Click Here For Our Full Make your binary options trading simpler and enjoyable Of AnyOption Our Conclusions You may be tempted to do a lot of low risk trades or a lot of high risk trades trying to take make your binary options trading simpler and enjoyable of 1 virtually guaranteed returns or 2 the big score.

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Binary options are simple, modern and exciting tools, which allow traders to make money on financial market without any specific knowledge or education. Binary trading can be defined as prediction of the price change of underlying assets, such as currency pairs, shares of major corporations, gold, coffee etc.

One of the top advantages of binary options trading is that it gives traders the opportunity to generate high profits with low capital investment and control the risks, as the payout and possible loss is known in advance. Binary trading process can be broken down into several steps:. A trader is choosing a type of binary investment.

It can be a short time trading 30 seconds, 60 seconds , day trading 15 minutes, 1 hour, etc. Some traders opt for features, allowing them to copy trades of their fellow traders social trading. A trader is choosing an asset to trade: Some traders stick to a few assets, others are looking for investment opportunities within all asset classes. A trader is choosing an expiry time. It can be anything from 30 seconds to several weeks! They are risky, exciting, and a lot of fun. A trader is choosing an investment amount.

We make binary trading affordable and encourage our traders to minimize risks. A trader is making a prediction of the asset price movement. He is pressing Call button predicting that the price will rise by expiry or Put button predicting that the price will fall by expiry.

Newcomers often overlook this important aspect, as binary trading is generally perceived as an easy to learn activity. Some traders unreasonably believe that after a few days of demo trading they know everything they need to know and start opening multiple positions, investing high amounts.

Education, proper risk management techniques, sticking to verified trading strategies and treating binary options trading is a business, rather than a casino are very important rules of binary trading. Plan your trades and trade your plan! It is much easier to make predictions, when you are relying on professional advice. Signal and robot providers employ professional analysts who study price charts, looking for various investment opportunities, and generate trading alerts.

Social trading allows beginner traders to follow other traders who have years of experience, and use their expertise to place profitable trades. If you are uncertain about what signal or robot provider to trust, look for credible reviews online and talk to your Freestyle Options account manager for recommendations.

Binary Options Trading Psychology. Surprisingly, not many traders realize that psychology is involved in the trading process and it plays a very important role in the outcome of their trading activity. It affects risk management approach, trading strategies, the amounts traders invest in every trade and how they handle their winning or losing trades. Being too pessimistic or on the contrary too optimistic can lead a trader to a dangerous path. A trader who can master the psychological aspects of trading and overcome his negative emotions such as fear, greed, lack of confidence, is on a right track.

The rest is just a matter of education and using proper tools before the profits start rolling in. Freestyle Test Drive charts is a great tool that allows traders to gain experience and make themselves familiar with Freestyle Options trading platform without spending a single dollar.

Moreover all profit generated during Test-drive can be credited to a live trading account in a form of prize money! Trading on Test-drive charts will give you an opportunity to test your trading skills and build up your confidence level. After your successful registration, you will be automatically logged in to your trading account, where you will find essential information, such as personal details, cashier and trading history tab.

As a binary broker, we have the obligation to know who our customers are, so please expect to be asked to provide your identity verification documents. Please note that we respect privacy of our clients and do not spam their accounts or make unauthorized phone calls. Please inform your account manager about you preferred way of communication.

In order to start trading you need to make a deposit. In the Cashier section of your account you will find payment methods available in your country of residence. Prior to making a deposit, make yourself familiar with the benefits of each of our Account types.

Your account has been verified and funded. Now you are ready to start trading binary options. Login Remember me next time. How To Start Trading How to start trading Introduction Binary options are simple, modern and exciting tools, which allow traders to make money on financial market without any specific knowledge or education.

Binary trading process can be broken down into several steps: Important things to consider 1. Binary Options Education Newcomers often overlook this important aspect, as binary trading is generally perceived as an easy to learn activity.

Trading Signals, Robots and Social trading It is much easier to make predictions, when you are relying on professional advice. Binary Options Trading Psychology Surprisingly, not many traders realize that psychology is involved in the trading process and it plays a very important role in the outcome of their trading activity.

Binary Trading on a Demo account Freestyle Test-Drive charts Freestyle Test Drive charts is a great tool that allows traders to gain experience and make themselves familiar with Freestyle Options trading platform without spending a single dollar. Get Started Today Step 1. Establish a contact with your account manager As a binary broker, we have the obligation to know who our customers are, so please expect to be asked to provide your identity verification documents.

Make a deposit In order to start trading you need to make a deposit.