Introduction into Binary Options – Another Way to Trade With The Banks
When we started getting too many emails to count asking if the bank trading strategy could be used trading Binary Options we had to take a look for our self before we could give an educated answer. That is where Allen came in. Allen has been a member of Day Trading Forex Live for over a year and was trying to tell me how well he was doing within weeks of learning how to see the bank activity. Of course I ignored him for quite some time. At the time Binary Options were so new I really had no interest in looking into them myself. That changed when we received all the emails.
The last thing we want to do is leave members (or non members for that matter) without something to use to their advantage to be successful if they want to trade Binary Options. We also did not want to charge anything for members to get the education but had to find a way to compensate Allen for his time since he will be the main educator showing members how to apply the bank trading strategy to them and make good money. Of course we recommend non members join and become a member for the details of hat Sterling and I teach but Allen is our go-to Binary Options guy.
This education is free but the way we found to keep it that way and still worth Allens time is by doing our own research along with Allen to find the best broker and became an affiliate. Therefore in order to get the free education all you need to do is start an account with TopOption and Allen will add you to the Skype group he hosts with members every day, pointing out entries but for the most part giving education so members don’t need him to take trades.
The Exciting World Of Binaries
Referring to the term finance, a binary option is a kind of option where the return on investment for a specific asset is either a fixed amount or nothing at all. Commonly also called all-or-nothing, fixed return options and digital options. Binary refers to two possible outcomes. In binary options assets can either expire in-the-money (ITM) or out-the-money (OTM). In some extremely rare cases a trade might end up expiring at-the-money (ATM). In binaries traders trade against time rather than price. For a trade to expire profitably, price only needs to be higher or lower than the strike price by the smallest possible price change (0.0001), depending on the predicted direction the trader made. Expiry times usually range from a quick 60 seconds to as long as a few days. This allows the investor to profit according to market conditions and trading style. This thus offers a great deal of customization not always available in other markets.
Sum it up in a nutshell…
Potential risk and reward are known before any given trade is executed. Thus one can never lose more than they are prepared to risk on a given trade. Although one can limit their risk, the profit potential is endless in conjunction with proper money management. Each individual broker platform offers a different pay-out ranging anywhere from 60- 90%. Binary options trading offers a wide variety of Forex, Stocks, Commodities and Indices to choose from. These assets are available for trading during all major market open times, 24/5.
Unlike most other methods of trading, binaries give the trader several different investment options to choose from. Traditional broker platforms introduced the call or put options when online binary options first became popular in 2008. Binaries started in Europe and are thus called European-style options, although traders from all around the world participate in this form of investing. Just like any other form of trading, terms used by traders around the globe can be found in the glossary.
The DTFL Advantage – Be Part Of The 5%
A slogan said with much pride and meaning: “Learn to trade Forex with the banks”. Close to 95% of retail traders quit and throw in the towel after taking losses. This can be due to many reasons although poor strategy, money management and lack of discipline take the top spots. A scary yet eye opening statistic we need to be aware of.
Using it to your advantage
No one knows you better than yourself. It’s thus important to know that what type of trader you are. Each market has different characteristics making it unique, some suiting you better than others. If you are looking to spend less time in front of your screen and more doing the things you love then this market is for you! This is arguably the biggest advantage over traditional trading and a certain eye catcher for most. Simplicity, flexibility and an excellent Forex alternative led to the massive growth in popularity over the past few years. Newbie and professional traders alike are grabbing this amazing opportunity head on, generating a partial to fulltime income.
Stop runs, levels, pushes and candle formation are just a few of the techniques you can add to your trading arsenal, helping you not only to trade more accurately but more sufficiently at the same time. Using the power of the DTFL bank strategy combined with the profit potential of binary options one can expect an exciting yet profitable journey! Keep in mind that one can only help those who want to help themselves. Nothing worthwhile comes easy. We give you the opportunity to be the odd 5% that push through, reaching the ultimate goal of becoming a successful trader.
If you have questions about joining the Day Trading Forex Live recommended Binary Options Broker or need more information about the FREE Skype room when joining TopOption please feel free to contact Allen Henn. He is a current member and the DTFL Binary Options host. He will answer any questions and give you an idea of what the service involves and support we provide.
If you have any questions about the FREE Binary Options education when you sign up with TopOption you can contact Allen Henn at email@example.com to set up a time for a conversation over the phone if you like or call his SA phone line at 0836564432 or Skype at Allen.Henn
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