Fast Cash Biz Free

To get started I would recommend Fast Cash Biz Review learning everything you can about this form of trading. Educate yourself and give yourself the best chance possible. Greg Davis wrote an excellent eBook detailing his Binary Options strategy and it is suitable for both the new and seasoned trader alike.

There is some terminology used in Binary Trading that you will find useful to know. If a trader believes the market is going higher, he would buy a "call". If the trader believes the market is going lower, he would buy a "put". In order for a call to make money, the price must be above the strike price at the time of expiry. In order for a put to make money, the price must be below the strike price at the time of expiry. The strike price, expiry and payout are all defined at the outset of the trade. (I will add a full glossary later).

One of the advantages of Binary Option trading is that the risk and reward are known from the outset. It doesn't really matter how much the market moves for or against you, you will win a fixed amount or lose a fixed amount. As you never own the assets you are "trading" on you have no liquidity issues. One of the disadvantages are that you must be right more than 55% of the time to make money with many brokers.

In summary, http://cfpickitup.com/fast-cash-biz-review/ Binary options are a new and innovative way for speculating on stocks, Forex, indices and commodities but come with advantages and disadvantages.