Binary options: the whole truth. Earnings on the Internet on binary options
Periodically, in terms of friends or on the vast expanses of the network, the term "binary options traders" slips past users' attention.
As a rule, these words are associated with highincome on the Internet, which allows you to have a good level of comfort and absolutely not depend on a particular place and the more strict and incomprehensible boss.
But in some forums you can hear andechoes of frustration in option trading. Given the popularity of the subject matter and the ambiguity of the information background associated with it, this direction of earnings should be studied in more detail.
Binary options: the whole truth
For starters, it makes sense to determine exactly what is happening,what are options and what they eat. So, the options of the transaction are called for the reason that they take the form of a conventional option contract. The term "binary" was assigned because of the most simplified trading system, in which there are only two options.
In essence, the meaning of working with options is reduced toto correctly determine where, in which direction the price will go for a particular asset: up or down. If the direction was determined, it is true the trader earns, with an erroneous forecast - loses money.
Binary option signals online can beuse to purchase assets of various types. These can be securities, currency pairs in the financial market, crypto-currencies, world demand goods, and stock indices.
Given the ease of trading and the opportunityenough quick earnings, many who want to change their financial level pay attention to binary options. "Divorce or not?" This is the question that many inexperienced users ask, hearing from others about the prospect is so attractive earnings. In order to get an answer, it is worth considering both the positive and negative aspects of this method of financial growth. Let's start with the advantages.
- A simple process. For those who intend to try their hand at earning with the help of the Internet, it will be difficult to find an easier tool for making profit. After all, all that needs to be done is to correctly guess the direction of the quote movement.
- High level of profitability. This aspect is one of the main ones in the framework of the topic "Binary options - the whole truth". The essence of the financial miracle of options is that the trader has the opportunity to double his capital for one transaction. But only in case of a correct forecast, of course. This level of return allows for a short period of time to earn a decent amount.
- The minimum input. One of the main problems in the formation of any source of income is the need for investment. In the case of options, you do not need a lot of money to try your hand. There is an opportunity to start with $ 10 on hand.
- Both risk and profitability are known initially. Here everything is very simple: a trader before buying an option already knows how much he will lose in case of failure and what will be his possible earnings. And the size of this indicator can be determined independently, thereby regulating risks.
- Unlike the Forex market, binary options trading is available round the clock on any day of the week, including Sunday.
There are also disadvantages, which inevitably imply such an earnings tool as binary options. The whole truth of the negative side of trade is reduced to a few key points.
- Very high level of risk. If we compare this type of options with other instruments of exchange trading, then we can confidently say that its use is associated with the highest risks. Capital can be lost as easily as it is to double - for one transaction. But even if you manage the risks, you can part with the deposit with such a trade much faster than in the case of the Forex market.
- Short trade gaps. Binary options, the time of forecasting a trade is either short or very short. Such large time frames, as in the case with classical options, are not used here. But trying to predict the movement of quotations at minimum time intervals is extremely difficult, and in most cases it simply can not be done. For this reason, the vast majority of traders, especially those who have just come into this sphere, trivially guess the outcome of the deal.
- Few instruments allowqualitative analysis. The schedule of binary options on both trading sites and terminals does not allow the player to perform a technical analysis of the selected asset, with the help of which it would be possible to make forecasts. Under such conditions, it is very difficult to make a stable income.
- Difficulties with brokers. Quite a few before opening an account try to decide what binary options are - divorce or not.ANDIt will be fair to note that in somecases of inexperienced enthusiasts waiting for fraud. The borders of fraud in this area are numerous: from incorrect data, to the banal non-payment of earned funds. Any claims will subsequently be difficult to produce, since most companies are registered in offshore zones. To avoid negative situations, it is worth to study the ratings of brokers. For example, if you query "binary options" in the search engine, IQOption will be one of the leading companies in this field. Having ascertained this fact, you need to carefully study the reviews about this broker and the like, and then make a decision.
Obviously, it is necessary to weigh the pros and consbefore making a choice in favor of such an exchange instrument as binary options. Reviews, real and on different forums read also necessary. This will help determine the most reliable broker and protect yourself from unpleasant situations in the future.
What does the trading process look like?
In order to earn binary optionsyou first need to establish an online platform that will allow you to receive signals and open transactions. Such a platform gives the trader access to various assets, among which he can choose the most predictable. Quotations of these assets are constantly changing, due to various economic processes.
The platform used for trade is alsoallows you to access economic news. To help the trader, some companies offer both free binary options signals and those for which they will have to pay. This means that a trader can use not only his subjective opinion on the movement of quotations, but also use information that helps to make a certain decision.
But, as mentioned above, it is extremely difficult to predict the direction in which the chart will go, even with auxiliary tools.
In most cases, companies offerTry virtual trading with tools such as binary options. Demo account provides an opportunity to understand the essence of the process and assess the chances of success by making the right number of transactions.
But even with certain successes in the trade indemo account it should be understood that when using real money, the emotional state of the trader actually changes, which directly affects the player's decisions.
Choosing binary options, training coststo consider as a necessary condition of successful activity. Of course, for the stable trade the obtained knowledge will not be enough, but the trader will at least be aware of the processes with which he is dealing and will be able to develop more dynamically.
Features of trading signals
First of all, it should be noted that there are three key types of signals for binary options:
The basis for their issuance is the following information:
- individual opinions of analysts;
- indications of indicators;
- duplicate analysis;
- regional and world news;
- calculations of professional traders and analysts.
To find out which signals are the mostoptimal, it is possible only by trial and error in working with a specific asset. And you need to try both paid and free signals, because in both categories there is irrelevant and valuable information.
It is about the information that is provideddirectly brokers themselves. Its goal is to help the trader to make the right decision. Often they are relatively accurate. This is due to the fact that companies want to attract as many players as possible to their platform. Such signals can be taken into account if binary options were chosen as the source of earnings. The whole truth about this type of earnings boils down to the fact that nobody is guaranteed to predict the movement of quotations, so do not place such signals of absolute hope.
This means that it is always important to consider the possibility of losing and to correctly allocate risks.
But some benefit in such informationunequivocally there. If the broker is serious, then he forms a team of professional analysts who monitor the economic situation in different regions, analyze the news and test the market on an ongoing basis. The fruit of this work is the signals from the broker. That is, it is not a subjective opinion, but a summary analysis of the market and specific assets.
Paid and free signals
In the network, if desired, you can find a significantnumber of proposals concerning paid signals for binary options. Choosing a specific option, you need to be extremely careful, because along with experienced traders and companies, the sale of signals can deal with amateurs who want to get easy money. Therefore, in such a topic as binary options, reviews (real and in large quantities) will always be relevant.
You need to check any proposal and every company with which you intend to work. This will save a lot of money, avoiding deception.
It should be noted that in the overwhelming majoritycases to buy signals are offered by experienced groups of traders who join their efforts to conduct high-quality and extensive analytics and provide up-to-date information to those who are not competent in the subject.
But in any case, buying a signal is always a risk, since the degree of their effectiveness can be recognized only after the acquisition.
As for free signals, they canare useful and in some cases even more relevant than paid ones. To the question "Why should someone give free of charge such information free of charge?" there are several answers:
- If a trader gives qualitative signals for free, he quickly acquires a high rating and can subsequently attract investors' money, which will significantly increase his earnings.
- There are resources that focus onpromotion of brokers. For such sites, the issuance of free signals is also beneficial. This allows you to attract the attention of newcomers who, after qualitative information, will be motivated to open an account with a particular broker.
In a topic such as binary options, the whole truth,of course, will not open to the newcomer for several weeks of practice. But the way to realize and acquire the necessary skills can be significantly reduced if you receive training.
Such information can be offered either by brokers,or experienced traders. This is for systematized data, broken down into topics. If you teach for free or ask for small money, then you can take a couple of courses. This will eliminate initial illiteracy and understand the essence of trade. But to limit one source of information is not worth it. It is better to promote suitable resources and compare the supply of topics.
The best option would be to test variousbrokers with the help of network resources, the determination of which fact is the most honest and the subsequent passage of training there. Such a recommendation has its own logic. The bottom line is that those companies that are focused on earning through the commission will do everything to ensure that their services are used by the maximum number of traders. This means that they will also be trained in quality.
If we talk about brokers who are interested in a massive sink of deposits, then you should not count on honest education that will help you earn money.
To supplement the knowledge base, you can and should visitspecialized forums. Usually on such resources there is the most interesting information. In addition, on the forums you can ask a question and get answers from a significant number of users. Thus, choosing binary options, training must be done necessarily, but it's wise to do it.
This is another way to make a profit, but withoutactive personal participation. The robot of binary options is nothing more than an electronic program, customizable in accordance with the trading strategy of the trader who bought it. Subsequently, the robot will perform the specified actions automatically, without the participation of the trader.
The robot independently conducts analysis of charts, movement of quotations and opens deals in accordance with the algorithm that asked the trader.
The developers of such programs, of course, do notreveal the secrets of the embedded chart evaluation systems, but in most cases they are based on working with indicators that are issued by various indicators. It is the fact, how many indicators will be involved and how correctly the robot's settings were made, determine the degree of the program's effectiveness.
Choose robots also need with the concomitant study of feedback and recommendations of real users.
There is also the opportunity to automate trade through advisors who will copy the transactions of a particular trader. Find companies offering such a service will not be difficult.
The essence of this trade boils down to the fact thata novice trader who bought a robot from a broker can receive automatic duplication of those transactions that successful players make. Moreover, the capabilities of the robot allow not to be limited to one platform, but to collect and analyze information about transactions of various traders. After, according to the given algorithm, the best candidates for duplicating transactions are filtered and selected. In this case, one who has acquired such an adviser can only observe active trade.
There are companies that offer a beginner to explorerating of traders and select a specific player to copy his trades. This option is also quite attractive, because you can use the strategy of a person who has developed his skills for quite a long time without experience.
How to choose an option
Another issue to be solved by a trader is the choice of a specific type of asset for subsequent trading.
If it is a question of the beginning of activity, it is betterstay on the classic assets, because they are easier to trade and understand in general. Once the terminal has been mastered and certain skills are available, you can switch to more exotic options. But it is always worth remembering that it is possible to use a demo account to test a new direction of work.
Also in the process of trading is to find out whattime-frame is the most optimal. For example, you can feel more confident when working with options for 60 seconds than for longer time intervals.
Choosing binary options with the deposit of anysize, you need to realize that this earnings has both the potential of ultra-high yield, and extremely high risks. As for the possibility of a stable earning, then it is, but it is really possible to reach a permanent profit only if there is a rich experience.
Use this tool as the mainwill be reckless. Binary options are best used as an additional profit opportunity, risking only the amount that can be lost without deep regrets.