Early on in this blog, I wrote a number of articles on basic money management for binary options trading. How you manage your bankroll can determine how much fun you have, if you are trading for entertainment, or how much money you can make, if you are trading seriously to profit. If you want to Read more…
There are two basic ways to trade binary options. The first approach is to guess where the prices of various assets will move in the short run, and execute trades based on those guesses. This is essentially the same as flipping a coin. The difference is that the odds of winning are much lower. The Read more…
For those looking to get started in the exciting world of binary options trading, there are some underlying concepts that should be understood. Specifically, this means knowing the differences between bullish trends and bearish trends. This is important because of the dual nature of the binary options market: Investments are based on the belief that Read more…
As one of the phenomena taking place in the financial world, binary options trading has become one of the most popular choices of different investors and traders around the globe. It is quite logical to ask what do they actually represent. Well, a simple binary option is generally a kind of option in which the Read more…
When you were designing your binary options trading system, one aspect you hopefully focused some time and energy on was figuring out which market contexts were best. It is a common newbie mistake to assume that a setup is simply your price action pattern or your set of indicator signals saying “buy” or “sell,” but Read more…
The Dip is a book by business guru Seth Godin that spent four weeks on the New York Times Bestseller list. Recently I was talking with a friend about this book, and it occurred to me it is highly relevant to binary options trading. Really, it is relevant to just about any business startup, but Read more…
Price action is sometimes overlooked by new traders, since it is less well known as a trading method than fundamental and technical analysis. Price action doesn’t involve plotting technical indicators on your chart unless you want to. Some traders use them as guides to help them to see the context of events. Others incorporate them Read more…