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Binary Options Guide E-book | Thomas Jan

BINARYTOP

GUN.COM 10 STEP TO BINARY OPTIONS TRADING

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Binary Options are a way that anyone can profit from the movement in value of a

large and dynamic range of commodities, assets, stocks and shares or even Forex.

The reason why these types of financial trades have become so hugely popular is

that traders have to make just one of two possible decisions when placing them, that

being yes or no decision which in Binary Options trading are known as Put or Call

trades.

There is no requirement to actually purchase for example gold bullion if you wish

to place a Binary Options trade on the value of gold, you simply need to decide whether

the value of gold will rise in value or fall in value over any given time period.

One major advantage of placing Binary Options trades is that you will find a range

of different expiry times are available which can be as short as just 60 seconds or as

long as one month.

If you are new to the world of Binary Options trading then below is our 10 step

guide (infographic) which will enlighten you on all there is to know about placing Binary

Options trades at any of our featured Brokers.

We are more than confident that once you read through the following guide you

will be then able to place a large and very varied range of Binary Options trades online

either via a no risk demo trading account or as a real money trader.

10 STEPS ARE:

1. What Trades to Place

The first decision you need to make when you are thinking of placing any type of

Binary Options trade is just what asset, commodity or stock exchange you wish to place

your trades on.

Once you have made an educated decision on just which type of asset, commodity

or stock exchange you are interested in placing your trade or trades on you will need to

decide just which way you think the value of that trade will move.

If you think for example the value of let’s say oil will fall in value then you will need

to place a Put option, however if you think that the value of oil will increase in value then

you will need to place a Call option.

2. Choosing a Broker

You will of course need to select a Binary Options Broker to place your trades at,

and with that in mind we would advise you to take some time taking a look through each

of our reviewed Binary Options Brokers.

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Each Broker we have chosen to showcase on this website is fully licensed and

regulated, and each of them offer a very wide range of tradable assets and many of

them are also additionally offering new traders a welcome bonus offer which will

massively increase the value of your initial deposit.

Each Broker will also have a range of different account types, and it is important

that you choose to open an account that will give you access to the maximum benefits

and extras based on the level and volume of trades you place.

Ideally consider opening up accounts at each of our featured Brokers, for there will

be many benefits of doing so as you will find out in step four.

3. Choosing an Expiry Time

One you have chosen the type of asset you wish to base your Binary Options

trades around and have selected a Broker at which to place your trades at, then you

next need to decide an expiry time for your trades.

You will find that you can place trades which last for just 60 seconds or can place

much longer term trades which will expire in one month. It is important that you select

the expiry time you would prefer as there are lots of different events that could affect the

value of any financial assets that you place your trades upon.

4. Understanding Potential Gains

When you are considering making a purchase of a large ticket price item, you will

always shop around to ensure you get the best deal possible.

This is something that you should consider doing when a Binary Options trader, as

the financial gains you can make out of every single trade you do decide to place can

and often will vary from Broker to Broker.

So your next step should be to take a look at what the potential gains will be on

your chosen trades at several of our featured Binary Options Brokers, as by comparing

them you will be able to select a Broker offering you the maximum returns on your

investment.

5. Trending Options

Whilst you will have made something of a concerted effort when selecting just

which trades are likely to result in a financial gain, you should always make use of all

tools at your disposal to ensure the trades you are considering placing will result in a

gain.

Whilst many Brokers offer the latest financial news stories which are often found

scrolling on their news feeds, some traders also allow you to see which trades are

currently popular with other traders.

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As such be on the lookout for Brokers which offer some form of Trending Options

feature, as by making use of the tool you will be able to easily spot which trades are

currently attracting the highest volumes of trades from other real money traders.

6. Increasing Your Trading Budget

Competition between Binary Options Brokers is of course something you should

always keep in mind as a trader, for you will often find you can make use of a range of

promotional offers to help you increase the value of your trading budget.

Welcome sign up bonuses are of course very attractive to traders however do be

on the lookout for loyalty based promotions that many Brokers will offer you. Those

loyalty bonuses and promotions can include deposit match bonuses and even risk free

trades.

So always double check to see if you qualify for any additional trading bonuses as

they will allow you to lock in additional value and are certainly worth investigating before

you simply place your chosen trades with your own funds.

7. Instantly Placing Trades

You are never going to know in advance when a potentially profitable trading

opportunity will suddenly become available, and that is something you do need to keep

in mind.

As such you are best advised to have access to both an online trading account

and also a mobile trading account at each Broker you sign up to. By having access to a

mobile trading account you will of course be able to place your trades at any time and

from anywhere.

8. Hedging Your Trades

Many traders will look into the possibility of hedging any live and active trades they

have open or they may place a range of trades on which both sides of the trades are

covered in two completely separate trades.

One way of doing this would be to open up accounts at different brokers and make

use of their high valued welcome sign up bonuses, and then using those bonus funds to

cover each side of a trade.

9. Roll Forward Feature

You will find another feature has started to become available at many Binary

Options Brokers and this is something known as a Roll Forward feature. This type of

additional trading opportunity will only become available to you when you have a live

trade placed.

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A Roll Forward option is a way of extending the expiry time on any live trades you

have placed, and when you take this option the expiry time will then be extended to the

next available one.

10. Early Exit

Whilst many traders will be more than prepared to wait until the expiry time has

been achieved on all trades they have placed, if you become aware of any potential

events that could see the value of your chosen trades swing in the opposite direction

that you have chosen, whilst you trades are currently in line for a payout, then consider

taking an early exit.

Many Brokers will offer you an early exit option, and whilst you will have to pay a

fee to end your trades before they are due to expire, by doing so you will have at least

locked in a trading profit from those trades.

However, only ever consider taking an early exit if you are convinced any potential

gains you will make once you trade naturally expires are going to become losing trades

due to current events that you may have suddenly become aware of.

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