Binary Options - A Q&A

in #b8 years ago

In case you are new to the investment game and would like to App Coiner try binary option trading, the first thing you need to do is learn all about it. Just what is binary option trading? In simple terms, a binary option is when a trader buys a contract on an underlying asset and tries to forecast whether the value of the asset will increase or decrease over the life of the contract. If the asset's value increases at the end, you place yourself "in the money". Likewise, if the value decreases, you are "out of the money".

This is an example of a binary options trading scenario. In case you are an online trader, the first thing you do is go to an options broker website. Once you are there, select an asset that you are interested in. After finding the contract on that particular asset, you purchase either a "call" or a "put".

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