Binary Options Trading School - BinaryOptionsGeek

Binary Options Trading School.
Trading with Binary option options is very easy and even your grandmother will understand how they work and could make some trades. However, it’s not that easy to trade successfully. Success comes from making the right analysis and assumptions. You won’t have to predict the future, you just need a small edge to be successful over a long period of time and to earn money with binary options. You need to learn the basics about fundamental and technical analysis. Due to the fact that binary options are a very short term investment you should more focus on technical rather than fundamental analysis. You need to know how to identify trends and patterns and how to profit from them.
Different underlyings.
You can trade with the following underlyings: currencies, commodities, stocks and indices. All of them have their pros and cons but trading with currencies is becoming more and more popular. The reason is that you can trade 24/7 and 5 days a week. This is not the case with stocks or Binary option indices. The currency market (Forex) is the largest market in the world and offers the highest liquidity. Trading with commodities is also very interesting and popular but the volatility is very high and it’s only for professional traders or traders that know what they’re doing. Stocks are a pretty safe investment with lower volatility. For novice traders stocks and binary options forex is a good way to start and in this section you’ll learn how to do that.
I absolutely recommend the Forex market for novice traders: Firstly, you can trade currencies all day long 24 hours straight. You are free to choose if you want to trade in the morning, in the afternoon or binary options in the night. Secondly, when trading Forex you are trading on margin and can take advantage of levarge. And last but not least, thirdly, the Forex market looks quite complicated but in fact it is very simple. You have to watch only a few currency pairs and don’t get confused from 100s of investment possibilities like in the stock market for example.
Technical Analysis: Trading with charts.
Some people don’t believe that trading with charts actually works but it really does. The reason is that investors are either humans or binary options robots. Humans have certain trading patterns they follow and if they follow certain patterns, binary options robots will do it too. If you’re quick enough you can exploit this by making the right trades. You have to make a proper technical analysis, spot trends and potential breakouts.