What is Binary Trading?
A financial option in which the payoff is either some fixed monetary amount or nothing at all. … They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the American Stock Exchange).
Binary Trading Warning (You can lose your shirt)
You can also hit it big, sort of like gambling
But wait. You need more reliable info on Binary Options
Personal Tips on Trading
1. This only works if you are a highly disciplined person who has an aversion to greed. If you have flaws it may be a good idea to team up with a family member or friend who doesn’t have the same flaws that you have.
2. Just because you make it big on several trades doesn’t mean you’ll continue to gain. Develop rules for your trading and FOLLOW YOUR RULES.
3. You can do this. Increase your faith and confidence by learning by learning more on the subject. Learn how beginners get started and open an account with a reputable brokerage firm.