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Bullish Binary Options was created to be a reliable source of information on the binary options industry and to provide cutting edge training to help you make more money trading binary options. We are obsessed with Binary Options. We keep our eyes on the latest trends, news and products in the Binary Options industry and bring you this information daily.
We provide training to those that want to improve their returns trading binary options. We review the latest products on the market so you can stay away from the sharks and only deal with reputable brands in the market. We help you pick the best brokers so that you put yourself in the strongest position for your trading. We even explain how you need to deal with the brokers and what to expect. We provide the latest industry news and trends so that you can stay ahead of the curve. Be sure to check out our free training articles to give you tips that will help you increase your chances of higher returns. That’s what this is all about.
Binary Options Basics For Beginners
Binary option trading is very appealing due to its simplicity compared to other financial instruments. Everyone needs to be aware though that there are risks involved like all types of trading. There is no fool proof way of making money trading binary options. If you prepare yourself correctly and educate yourself then you will stack the odds in your favour and give you the best chance possible of making the types of returns that can make a major impact on your life. This is why we encourage you to educate yourself. Take some time looking at the training articles. Ultimately this will help you make better trades. Bullish is here to provide you more information on Binary options so that you make better choices on trades and products.
Binary Option Brokers:
When you enter the world of Binary Option brokers you will find that there are literally hundreds of brokers, trading softwares, signal products and everything else you can think of. It is always very difficult to navigate through this maze correctly without the proper knowledge and we advise you to do your homework before doing anything! Brokers in the binary option industry provide the ability to trade. They are the ones who lose if you have a successful trade so this is a very important point to realise. They are not merely facilitating your trade. They are on the other side of it! For this reason it is vitally important to use brokers who have a good reputation in the industry. Not all brokers are the same!
Potentially one of the most important decisions you will make as a binary options trader is which brokers to use and open accounts with. We always use 5 brokers when we trade binary options. You never want to put all your eggs into one basket and this allows you to use a spreading method of trading. The benefits to doing this are that your risk is reduced by creating multiple entry points on your trades and you can do this with multiple brokers. Different brokers all will have their own unique selling points and tools to help you trade. By using 5 different brokers you gain access to all of these tooldwhich We explain everything to do with brokers and who we recommend in the video.
Regulation of binary Option brokers
Without saying the most trusted and best binary option brokers are regulated. By ensuring that the broker you are using is regulated it gives you some assusrances that they are being kept to a higher standard by the governing body within their country. Beware that a lot of companies will advertise that they are in fact regulated. You should always check the company with the country’s regulatory body. A very well known regulatory body is Cysec- The Cyprus securities and exchange commission. For more information about them please visit here> Cysec (https://en.wikipedia.org/wiki/Cyprus_Securities_and_Exchange_Commission)
What are Binary Option Robots?
Binary option robots or binary auto traders are software which trade binary optons 100% for you. Most robots or auto traders are all accessed online so there is no need to download software. The auto traders are in essence software that is amalgamating thousands of pieces of information in the market and based on this is deciding the trades. It is a great way for beginner traders to enter the market. The auto traders do the trading for you. One thing to realise is that not all Binary Option Robots or Auto traders are the same. You need to understand now that there are a lot of scam robots /auto traders on the market. We review these so that you know which are safe and which you need to run away from immediately. The software is usually always available for free and for extra additional services there is a VIP section where you pay for those services. Auto bot software can be a massive help to those starting in Binary Options but you need to do your homework before moving forward.
How do Binary Options work?
Binary options are an easy way to trade the fluctuations in financial markets. Binary Options are classed as exotic options yet Binary options are extremely easy to understand and trade which makes it appealing to a lot of people. The most common Binary Option is a what is called in the industry a High – Low option. The option always has an expiry and put simply if the trader picks correctly which side of the strike point the stock ends up on at the point of expiry the trader will be paid a fixed return. It doesn’t matter how high above or how far below the strike point the trader will make the same amount. Thats it! You simply decide at the point of expiry if the price will rise or fall. If you decide correctly you are paid. This is why so many people are turning to Binary Options. The ease and simplicity make it very appealing to traders.
When you have a successful trade and you have correctly predicted where the trade will end up you are what is called:
ITM: In the Money – For instance you trade that the stock Microsoft is going to be at a higher price point when the trade expires. At the time of expiry Mocrosoft shares have risen so you are ITM. You will then be paid a fixed rate return by the broker you are using.
If you are trading and you pick the wrong side at the point of expiry you are what is called:
OTM: Out the money – Put simply this just means that at the point of expiry the trade has gone the other way to what you predicted. Using the same example on another trade with microsoft the stock ends up being below the point you executed the trade at. You would be OTM Out the money. It is important to once again note that it doesn’t matter how much below, even the tiniest amount is enough to be OTM and you will lose some investment.
There is also the chance that trade will stay at the same asset price that is the same price as at the beginning. This is called:
ATM – At the money – the likelyhood of this is quite low.
Bullish is here to provide impartial advice so that you are best placed to trade successfully within Binary Options. We are just here to help and to guide you so that your learning curve can be cut. Education is the best indicator of profits and so we will provide you all the information you need in order to be successful.