Strategies For Beginners 2016
Duration: 23min 37sec Views: 52 497 Submitted: 3 years ago
Description: Binary Options trading is easy to explain. Binary means something that has two parts. In binary options you will be given a starting price, after choosing an asset. Lets say the USD/EUR is 1.1 (1.1 USD = 1 EUR). All you have to do now is to decide whether the price of the currencies will go UP or DOWN. You only have these two options, herefore it's called binary. In binary trading we call it 'PUT' if the price goes down and 'CALL' if the price goes up. It's more than likely that you will see these two words on a broker site, rather than UP or DOWN.
Categories: Trading Strategy & Education
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