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HOW TO TRADE BINARY OPTIONSSome people afraid to trade binary options, considering that it is difficult technically. I am introducing asimple step by step instruction that will dispel your doubts. While trading is conducted through finpari.com,this should not confuse you because trading platforms have very little differences.

Simple steps:

Choosing an asset. Assets: Currency pairs, Stocks, Commodities, Indices.

Lesson 2 - How to trade binary options?

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Choosing the expiry time.

Next click on Up (Call) or Down (Put) button depending on a preliminary analysis andprice movement forecast of a chosen asset. Note that the result of the trade will be calculatedbased on the price at the time when you opened a trade. This is very important! There are brokerswho have other conditions; in particular the profit of the bought option is calculated after coupleof minutes from the time when trade has been executed. We do not advise for beginners to starttrading with such brokers.

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Now is the time to enter the amount of your investment. At this step you must be verycareful, because sometimes during psychologicall stress people do crazy things. Before your click“buy” button, properly check the amount that you don't have extra zero at the end. Remember,that in case of a loss due to carelessness no one will refund your money. Trust my experience;stupid mistakes often occur especially at the first stage of trading.

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If you have made an accurate forecast and currently your option is in-the-money (in profit) you will seethe following picture:

After the expiry time, you will see the level where your trade was closed.

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As mentioned above, different brokers have their ownadditional tools. But in general, all have the same stepswhich won't be difficult to understand.Trading withFinPari I found out very useful feature – possibility tocancel a trade in 5 seconds after placing it. It’s aperfect protection against accidentactions!ADDITIONAL TYPES OF BINARY OPTIONSApartfrom the regular binary options - Above (Call) and Below(Put), where you need to determine ifthe value of an asset will go up or down, brokers offerother options.

For example, you might have a choice of the following types of options:

Options to touch - "One-Touch"

Here you need to predict whether the value of an asset will touch a certain level set by the broker prior tothe expiration of an option. There are several varieties of such options. However we will not describe themall here, because despite the enormous profit potential (from 250% to 500%) they are hardly ever end up in

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the-money. So if you are a beginner it is better not to pay attention to these options.

Options for 60 seconds

Very tempting kind of trading for beginners. You can earn 80% on your investment very quickly, but only ata first glance. Such short-term options are difficult to forecast because you will have to analyze not theprice on the chart, but market noise. Therefore in the long term it can lead to losses.

Options Builder

Can be useful to beginner in particular when choosing the percentage of the profits ratio. Parameters maybe different. We won't get into details here; you just need to choose a suitable ratio for yourself. Forexample, Finpari offers this feature when buying a regular option.

Recommendation: start trading with simple binary options, especially if you are a beginner. Keepothers for later time when you'll have enough experience.

In the next lesson we will learn how to calculate the win ratio in order to trade without losses andalso go through money and risk management principles.

Now few assignments:

1. To learn Binary Options trading techniques, make a few test trades; with the trades size notmore that 5% of your initial capital.

2. In order to better understand the principle of working with them, use the minimum trade sizeto buy additional options.

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Want to know more? Subscribe to my YouTube channel, where I publish useful videoexamples, how to trade binary options.

Sincerely,

Abe CofnasProfessional trader