How to Make Money On Binary Options – 10 Steps Guide

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

How To Start With Binary Options? Step-By-Step Guide

All who want to start their journey with Binary Options always search for ” How to Start with Binary Options?” and your question is totally right and you should have complete knowledge about the thing where you are investing your money. Today in this article we will learn about some question which everyone faces when they start their journey with Binary Options Trading.

Topics Covered in this Article?

Here are some of the questions covered which you will face if you start your journey in Binary Options.

  • What is Binary Options?
  • How to read Binary Options graph?
  • How to put a trade?

If you know all this then you are ready to begin your journey with Binary Options. It is very simple to learn you can find learning tutorials at IQ Options website just Sign Up and you can find all basic tutorials about Binary Options. Also, IQ Options is one of the best Binary Options Broker in the current market you can it’s detail review here.

What is Binary Options Trading?

Binary Options Trading is a “Yes” or “No” trading in which you bet for a certain stock or currency pairs in which you decide that if price will go up after certain period of time then you “Buy” and if you think that it will go down after certain period of time then you put a “Call”. Let us take a live example so you will understand better:

  • Let us do Trade on EUR/USD currency in this example current price of a currency pair is $1.06361.
  • You can see there is two option either you have to choose EUR/USD price will go UP or will go DOWN. There is also purchase time shown before that you do the trade of any amount you wish to put either $100 or more.
  • Once you place the trade of $100 you will see remaining time “Purchase Time” and “Expected Profit” on the upper right corner.
  • Once the trade is close the result will be shown whether you have made a profit or not.

You can see that we have won $90 in just 1.5 minutes so it is easy to trade on IQ Options so go for it.

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3 Ways To Make Money With Binary Options Trading As a Beginner

3 Ways To Make Money With Binary Options Trading As a Beginner

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Last Updated: Aug 30, 2020 @ 10:07 am

With beginners in mind, i am writing this article to explain how you can make money from binary options trading without ever learning how to trade!

Yes. Everything has been made really simple by other professional traders.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

People, especially the newbies often think that binary options is “scam” especially after considering what other minority are saying about it but i can boldly tell you that trading options is not fake.

Needless to say, binary options is a new innovation in the world of online financial trading which came into existence about 3 – 6 years ago.

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Everything You Need To Know About Binary Options As A Beginner

In simple terms, Binary options are types of trade options where the payoff (reward) received is either all or nothing at all. This type of option has really gained popularity in recent years with more binary options brokers appearing day by day.

In this type of trading, there’s no need to worry about liquidity and volatility of assets any longer when executing digital option trades. It fixed payout and there are only two possibilities in this type options. First, either the price of the current rate of asset will rise or fall within a specified time frame. Your ability to predict correctly, the result of your binary option trades will determine the reward you’ll get after the trade has expired.

Terms like “In the money” and “out of the money” are binary options jargons often used to denote when a correct prediction has been made within a specific time frame or incorrect prediction made within the same time respectively.

It is very simple to understand and use because the most important thing you need to know is to predict correctly, the asset’s trend direction within a specific time frame.

Assets traded in options could be stocks, commodities, indices and forex. Since it have expiry times and dates, your fixed return price is also known as the strike price.

What i consider best aspect is that regardless of how much the instrument or asset has moved, you are paid a fixed return on expiry provided the correct prediction was made. On the other hand, a trader who predicts wrongly on the asset’s direction will end up losing a fixed part of his or her investment or can even lose it all at expiration.

If a trader believes the market trend of an asset will go higher at a specific time, the trader would purchase a “call” while traders that believe the market trend of the same asset will go down for that specific time frame would purchase a “put”.

In both directions, you can make money by earning a fixed return on your investment provided the correct prediction was made.

For a call to make you money, the current price of the asset must be above the strike price at expiration. In the same vain, for a put to make money, the current price of the asset must be below the strike price at expiration.

One major advantage of trading options is that both the risks involved and reward are known. This simply means that it doesn’t matter how much he trade moves in favor or against the trader. One the factor is always certain, win a fixed proportion of your investment or lose a fixed proportion of the same investment.

Because of the high rate of return on investment often witnessed ( e.g 70%, 80% and up to 90% returns), one would think it’s a quick way to become very rich overnight. Don’t think that way because the major demerit is that the reward is always less than the risk staked on a trade.

3 Ways To Make Money With Binary Options As a Beginner

As a newbie, you have little or no knowledge of the various strategies used in predicting whether the price of an asset will rise or fall within a specified time frame.

As a result of this, we need the help of signal providers to make money with binary options trading.

As a result of our extensive research, we’ve come up with three genuine binary options signal providers you can use to make money online with binary options.

#1. Super Simple Bot (Best for Automated Trading and Perfect for Beginners!)

If you don’t have the time to trade but still desires to make consistent monthly profit, then binary option robot software is for you! It works just as its name sounds. It is a robot that trades binary options automatically on your behalf even when you’re asleep in the deep hours of the night.

This robot saves your precious time because there’s no more need to perform extensive fundamental and technical analysis before trading.

The robot trades by using the most important trading strategies which are the classic system, Fibonacci system, the martingale system and a combination of some other advanced binary options trading strategies.

Best of all, it is free of charge and works as well. Generally, i don’t consider the cost of some of these robots when purchasing them because the profit they make for me will usually surpass their cost in just a few hours of usage depending on my account equity.

With the Super Simple Bot, you’ll get access to the following:

  • Access to a variety of binary option brokers.
  • 89% Average Winning Trades
  • Many simultaneous trades
  • 100% Automatic Robot Trading Software
  • Different currency pairs
  • Amounts vary from $5 to $500 per trade for the different brokers
  • Variable time frames
  • Free upgrades
  • No Secret Fees!
  • Multiple Signal Providers
  • 100% free automated robot trading software

#2. Binary-autotrader (Best Signal Provider)

Binary-autotrader.com is a professional binary options signals service that generates 100+ signals per day and automatically applied to your account with a 65-70% win-rate. Signals365.com is developed by a team of professional traders and developers with no affiliation to a broker. All of their signals are delivered on an intuitive signal interface with sound alerts, warnings and countdowns of when to take a trade.
Unlike other signal services, Binary-autotrader.com also published all of its results for full transparency.
You can get unlimited access for free by signing up to a broker on their site now.

Binary options robot (binary-option-robot) is an automated trading software for binary options. It is an executable file that can be freely downloaded to your computer. It generates signals and as well trades on your behalf using those signals.

The signals are generated based on the technical strategies that are integrated into the robot. The robot works by analyzing the market trend in real time and calculating the live value of each indicator (MACD, RSI, Stochastic oscillator, William’s percentage and Commodity channel index). The indicators that gives best signals are MACD and RSI.

With this robot, you’ll get access to the following:

  • Access to 4 binary option brokers (TopOption, OptionWeb, SetOption and StockPair)
  • Up to 5 trading indicators
  • Up to 83% Winning Trades
  • 7 maximum simultaneous trades
  • 100% Automatic Robot Trading Software
  • Up to 7 currency pairs as opposed to 2
  • Amounts vary from $5 to $500 per trade for the different brokers
  • Variable time frames
  • Free upgrades
  • 60 days Money back guarantee

This kind of robot is best for beginners as well as traders who don’t have time to study the market and execute the trades by themselves.

General Note:

If you a total newbie and don’t even know where to begin in your binary options trading journey and career, i strongly suggest you use the Super Simple Bot for trading as most beginners have seen amazing results and tremendous success with the robot.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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