Ten Top Tools for Trader of binary options

A mug o' coffee can help you trade better

Every professional needs certain items in his life to help with his work day. For the binary options trader, here are some great ideas to keep him happy will he enjoys his binary options trading. To relax the trader, nothing beats a foot massager or stress ball. The stress ball can either be a small one that you hold in your hand or a large one that you sit on for added relaxation. A desk organizer goes a long way towards making the binary trading professional look professional while also staying organizes and a large peg or cork board can keep all those materials within reach. Of course, a new Android will allow him to keep up with the stock market and his binary options life no matter where he is or what he's doing.

When trading binary options ... RTM

Pssssst ... <inaudible> .... secret

When trading binary options, there are certainly many things that people should do - and those that they should not do. As with anything in life, it's important to go into the activity with your eyes open. Make sure that you learn about binary options and do as much research as you can so that you'll understand how to trade options, how to think about the asset you want to trade and more. You should speak with people that you know who are in the field as well, whether they are brokers or just other people who enjoy binary trading. Get advice from friends and tips from those in the business so that you can start binary options trading with your best foot forward. It's always a productive thing to look to people who know more than you do and to get the most information as you can!

While you were AFK ... See what Santa's Little Helpers Delivered

You may take a break during your working day.
You may sit at your keyboard and click away.
But how often do you get to say
that you did some good for a friend today?

Who let the gifts out? Who? Who? Who? Who?

If you ever wondered what it's like to give the perfect gifts to your friends who trade binary options, your desires have been answered.

With great acumen and a fantastic sense of timing, one of the best sites I know of related to the world of binary options trading has released a new version of the greatest ten presents you can get for any binary options trader you know and love (or just know and have to deal with - yeah, we all know people like that).

Maybe it's a massage, or concert tickets, or some kind of great accessory that will just make the recipient's life that much better. Whatever it is, this list will help you narrow your options and focus your energy to get the right gifts for the people to whom you want to present a present.

A closer look at the trade of binary options

A non-TouchPad graph of binary options trading

Taking a close look at binary options, any investor will see that it offers many options. After you've selected the asset that you want to follow and the amount that you want to invest, you predict what will happen with the price of the asset in a specific time frame. Now, what are the predictions that you can make? You can go with Hi/Low, whereby you're saying that the asset will get to a higher price than the starting price, or that it will go to a lower price. You might look at the No Touch and Touch option whereby you're saying that the asset will touch a specific price, or that the asset won't touch that price. Finally, you can look at a range option whereby you say that the asset will be within a certain range price or that the asset will fall outside that range price. One of the most popular binary options trading platforms can be found at www.OptionsClick.com

Trading binary options and affiliate programs

Binary Trading Colorful Affiliates

In the world of options trading, there are several platforms investors can use to trade binary options online. The various platforms each offer distinct features, tools, and financial instruments for making the action on assets friendly, easy to use, and profitable. Of course another way that website publishers can take advantage of this growing financial sector is by offering their audience revenue by signing up to affiliate programs, like the one offered at OptionsClick.com which provides a handy set of tools for affiliates to promote to people interested in trading binary options. Affiliate programs like this generate passive income for media companies, finance sites, bloggers, and other people who are willing and able to successfully refer their contacts as new investors in this dynamic new form of investing in assets that include stocks, market indeces and commodities.

Oil as a Binary Options

Lots of this has been spilled

While it is true you can trade stocks, indices, currency and other assets as binary options, there is a whole world of commodity trading binary options which really is useful as the market for such commidities is easier to wrap your head around. By understanding how the geo-political world works and how its working affect the commodities value and supply, it is possible to predict and profit from binary options of commodities. Oil, gold, silver and a few other highly industrialized commodities are traded everyday on binary options trading platforms. To try this for yourself, educate yourself how the economy operates and familiarize yourself with inner-political workings of rogue regimes and fallen dictatorships. GOOD LUCK WITH THAT.

Smart asset management for binary options traders

The novice binary options trading person is asked to select an asset. What, they might ask, is an asset? An asset is a commodity that can fluctuate in price depending on what is happening in the market. For instance, on any given day, an ounce of gold costs a certain amount. Depending on many factors, that amount changes day by day - or even on an hourly basis. When looking at binary options, you would then decide that you wanted to see what would happen with gold in the next 24 hours and how its price might change in that time period. That's how you use an asset with the binary trading process. And, your job is then to predict what will happen with that asset in the specific time frame that is being specified. As a novice, you should read more about assets so that you can make a good choice when you trade binary options.

The more gold you earn from binary options trading, the better.

 

Affiliate Program General Info (binary options)

Affiliate Bucks

An affiliate program for binary options trading works just as any other affiliate program works. You go to the binary options trading affiliates program website and sign up to become an affiliate. You then put the link or banner ad on your website that they give to you and you work to drive traffic to the binary options site from your site. The traffic that comes directly from you, as an affiliate, means that you will make a commission off of those people. It's that simple. You'll see that there isn't anything complicated or tricky about becoming an affiliate.

 

Trading binary options with early closure for 24% quick profit

While there are countless testimonials of binary options traders able to make up to 85% profit from just one trade, there are far easier ways to leverage the capabilities of binary options. Although 24% doesn't sound like nearly as much profit as 85%, keep in mind that the 24% is on a much lower risk level, and much shorter trade, so you can make 2 to 3 trades of 20 to 30% in the same amount of time to just trade one for 85%.
The video below illustrates this point. The binary options trader simply uses the early closure ability of http://optionsclick.com in order to make a quick 24% profit, with ease, confidence, and the ability to do it again a few minutes later.

Tip for binary traders

Binary Zebra Hug Trade

Investing is an exciting way to make money and to see what happens when luck and skill are combined. With a location like optionsclick.com, you'll be have the world of binary options open to you for your investing enjoyment. This site is perfect for everyone from the most novice investor to the most experienced, allowing users to enjoy investing in binary options with no-hassle and no-worries. Their binary option investing includes online help facilities, great support, and an easy-to-use interface. Because trading is not just understanding the markets, it is also about being able to put that knowledge to use, and you need effective, safe, and consistent tools to trade binary options in such a manner. Once you have signed up and started  trading, much more of this information will make sense and some of it will even seem overly obvious to those with enough experience.

Art and Finance mix, Binary Options Trading

Space-Time  Binary Options Trading Artwork

In an unusual juxtaposition of two fairly unrelated fields, finance and art, binary options trading is not only the latest craze for investing and hedging, but it is now leading the pack of artist who use binary options trading as a source of income, and inspiration, sort of.

Binary options trading requires you to remain focused for a few minute while you review graphs, charts, data and other info and then you utilize that info to buy an actual binary option. After the binary options has been purchased, there is about 20 or 30 minutes (sometimes only 10 or less) in which you have to simply wait and see if your prediction materializes or proves false. This 20-30 minute "window of opportunity" is now being used by artists to create "quick, interesting, digital art."  Some artist are even simply trading binary option, either at a slight loss or simply maintaining their break even point with the simple goal of using it to improve their drawing. 

Sunshine Thru The Blinds - Binary Options Artworks

This is not something you typically witness when dealing with financial vehicles.

Another unique aspect that appeals to many artists and other pro's is that they can do it on the side, at least initially, till they feel comfortable with their prediction ability and then they can slowly increase the time and money they invest into it. Many artist find this appealing as they don't need to quit their passion for art, but can still make money to support their art-habit. And despite this, binary options trading is also something that many other non-artist participate in.

Which option to buy or which direction to buy it?

The choice of which binary options to buy is not as important as which direction to position yourself for. The market in general moves as a super-organism, and it is often that unrelated stocks take a tumble or a climb based on completely unrelated information that shouldn't effect their price.

So next time you are thinking about which asset to trade your binary options in, take a moment to ponder about which direction you'd buy each option, and which direction is the market going right now. That will give you a better picture for which binary options to

Yes, You can Trade Binary Options

Great Pith and Moment

The yearn for greater gains is out shadowed by the greed for more money. It is important to balance the two in a manner that exceeds expectations yet retains a grain of nostalgia. By trading binary options in a fluent and efficient manner, you are able to dissolve the risks and compound the gains in a method that is both scalable, coach-able and repeatable. Binary options trading offers a unique financial instrument that truly removes the negative aspects of stocks and bonds and puts forward an aura for profitability.

If you do perchance find yourself with the means, time and ability to trade binary options, then we highly recommend you do so on a secure, up-to-date, and professional site. Watch out for the dodgy ones, they are a doozy

Flower Power for binary trading

Full Power Flower 
As part of the process of trading binary options online, a big aspect is that after you have started the trade and are then waiting for the expire on that binary option, you need to remain calm and not react to small market movements unless they are clearly profitable. Hence what I have learned to do is to focus on placing the required attention on something else and just leaving a small corner of my eye paying attention to the trading of binary options going on in the screen in front of me. If I just focus on the binary options trading itself, then I end up being too reactive and making decisions that loose money.

Trade this!

Imagine for a moment that trading binary options was not as easy as we have it. Today we can just go online and login to a website that allows you to trade binary options, however, it wasn't always so easy. When Black and Scholes came up with valuation, they originally had some form of investment fund that made and lost billions. Realizing that the complexity of trading binary options is not something that passive investors can ALWAYS benefit from, it naturally moved to the internet where the monitoring of the binary option could be done by the client themselves who in turn was actually the trader. 

Some traders have various methods of remaining calm and collected as they are in the process of trading the binary options online. Below is digital artwork that a binary option trader made in the process of making and loosing money as it helps him not focus too much on the trades, which a neurotic person might do.

Binary Options Trading Art


Artwork that was created while trading binary options online

Download this binary art from these sites:

• Download this art of Doppler effected ovals of binary trading from Panoramio
• Get the Doppler Effect of Binary Options from Photobucket
• Dopper effect of trading binary options on Red Bubblebinary options

Binary trading Artwork

Check out his awesome little piece of nifty artwork that this guy who trade binary options all day made: Source: on binary options trading article

Binary Trading is WAY easier now than it might have been in the 1970's

You can download this cartoon of a 1970's style binary options trader at the following links:

• 1970's style binary options trader on Flickr
• Binary Options Trader with full 70's style hair and mustache on Panoramio
• Binary trader with old-school walkie talkie on Red Bubble
• Guy trading binary options on 70's size walkie talkie on Twitpic
• Photobucket hosted pic of 70's style binary options trader

Binary Options Trading Tips

Get you paws on as much as you can

Top Ten Super-Tips for using the Black-Scholes Valuation formula to gain large profits with online binary options trading:

These tips are called "super-tips" as the regular tips we give are designed for novice traders. These tips are designed for more advanced users who are willing to forego some excitement and risk in exchange for dull, boring, and more consistent profits.

1. Trade only in small amounts till you have a much stronger grasp on that specific commodity, stock or indice.
2. Utilize "closable" options to hedge the rise so that you can make very quick 20% to 40% gains rather than drawn out 85% gains that carry a risk of 100% loss.
3. Be technical analytical and review the graphs for patterns and predictability. Only trade in graphs of options you feel comoftable predicting. 
4. Better to not trade for a half hour than loose durring that half hour.
5. Don't hedge your risk by trading in opposing option. The profit of 85% comes at a risk of 100%, so hedging like that will result in an across-the-board 15% loss.
6. Remember: Its important to avoid losses as much as it is to achieve gains.
7. Don't let losses or gains effect you overall strategy. Emotion are your enemy in this game. 
8. With currency related binary trade, compare different currencies to narrow down which ones are actually falling and which ones are only relativity falling
9. Avoid trading binary options at the beginning of market open unless specific events in the news provide a window of predictability.
10. Learn from your mistakes. Binary Options Trading is an aquired skill. Don't be afraid to make mistakes, but do avoid repeating them.

 We hope you've enjoyed these tips. Please feel free to leave comments or questions. These tips are based on Trading Binary Options on OptionsClick.com - not sure about any other sites.

Tips for binary options trading

Think before you click.

Tips for binary options trading:

1. Trade online, only use binary options trading platforms that have real-time updates and don't charge a commission.
2. Use sites that offer binary trading with the possibility of closing your position before it expires and still making a solid return - utilize this capability to hedge your risk and make lost of small, profitable trades.
3. Do not start making large trades when you are below your starting point with the hopes of re-couping your losses.
4. Do not trade if your mindset is not that of a small-gains and reserved approach.
5. If you loose several trades in a row, then stop trading for a few hours. Do not try and regain your losses quickly.
6. Analyze graphs and only trade on positions you have a clear picture of. Utilize the various forms of options for different market behaviors
7. Don't be afraid to take chances, but don't take the chances with large wagers.
8. Practice reading graphs, review the trades that end in loss so that you can learn from your mistakes.
9. Keep up to date on the news, especially for political events that effect the price of oil and the stock markets.
10. Learn the graphs of the financial data and learn to differentiate between a correction and a trend.

Don't be left in the cold. Learn before you trade

Obviously these tips alone are not going to enable you to suddenly become a wealthy binary options trader. But by learning the trends and patterns that keep winning overall, you can be in a better position than starting out cold. Educate yourself about financial betting and general binary options trading and enable yourself to succeed in the volatile marketplace. Don't be discouraged if you have a few losses, the main thing is to learn how to read the market and apply it when it counts.

Top Ten Reason trading online is better than in-person:

Click and Trade - Online Binary Options Trading

Top Ten List of The Top Reasons that Trading ONLINE is better than In-Person.

Top Ten Reason trading online is better than in-person:

We have all heard and seen the hype about trading online binary options, but we may have forgotten why it is so appealing. This entertaining list reminds us.


Top Ten Reason trading online is better than in-person:

1. 3 words: Much Shorter Commute
2. In-person trading: pants mandatory. Online trading: pants optional
3. Binary trading from home gives you a bit more free time to tan your pasty white thighs.
4. You can trade your binary options even while you get called in for jury duty.
5. Less focus on commute, more focus on lunch
6. Always fun to answer "where do you live? and "where do you work?" questions with an identical reply.
7. You can't watch TV at the office.
8. Better trading patterns when you sleep late everyday.
9. How else are you going to become a binary options trader?
10. Because you only do online binary options trading so that you don't have to go to work.
    

We hope you have enjoyed this top ten list. Please visit back regularly to check out the latest news and updates about online binary trading the world around it.

5 Reasons Gold Bubble Might Pop Soon

When will gold pop already?

The higher gold climbs the more intense the debate between bulls and bears, those who think the yellow metal has a long way to run and those who say this is a giant bubble that is going to pop, and soon.Here are five reasons the bears are calling the current run of gold -- up 27 percent since Jan. 1 -- a bubble, and thus something to avoid.

1. Basic economics. The World Gold Council in a recent study said that in the second quarter total global demand for gold declined 17 percent, on a year-over-year basis. But despite that decline the price of gold rose about 25 percent. At some point supply and demand have to come back into balance, say the bears, and when they do it would be best to be out of gold.

2. If it looks like a bubble ... "People believe that gold is a hedge against uncertain times. In the long run, gold prices have kept pace with inflation. People are flocking to it", says Lloyd Thomas, an economics professor at Kansas State University. "But in 2000 the price of gold was $300 an ounce. It has gone up six-fold since then, and it might go up higher than what it is right now. It's gone up too fast -- it's a bubble." 

Thomas compares the current gold market to the U.S. housing market. People believed, as they believe now for gold, that the housing prices would continue to increase. But ultimately, they fell more than 30 percent in most 
American cities.


"The same thing could happen to gold; it's not risk-free. In the last 10 years it's gone up 17 percent a year, but the price of things we purchase has only gone up 3 percent a year. That's unsustainable. It's my own opinion that gold prices will collapse -- I just don't know when", he says.

3. Soros has left the building. Billionaire George Soros as well as Eric Mindich cut their holdings in the SPDR Gold Trust, an exchange-traded fund, in the second quarter as prices rallied. You may not understand algorithms, econometrics or 200-day moving averages, but almost anyone can imitate winners.
Major professional money managers are also starting to get worried. Wells Fargo is warning its clients, including wealthy ones, that gold is grossly overbought, a "bubble that is poised to burst." Said Wells Fargo analyst Dean Junkans: "We have seen the economic damage" of past bubbles and "feel compelled to ring the warning bells."
"There could be substantial risk to gold once the fear that the world is coming to an end subsides," Junkans told Reuters in a telephone interview from Minneapolis. "We are worried about the downward risk."

4. Investor naivete. "Trees don't grow till heaven. I think buyers need to be beware we are in a 'caveat emptor' market," Jeffrey Rhodes, global head of precious metals at INTL FCStone, a brokerage, told Reuters.
"My problem is that people are buying gold and they don't understand why they are buying gold and that's a big problem and that is a classic symptom of a bubble," said Rhodes.

5. What is your pain tolerance? Even if you don't think gold is a bubble, it certainly is a bull market, and bull markets often end dirty and messy, and take years to recover from. Think the U.S. real estate collapse and all the attendant carnage that erupted in 2008 and still hasn't been repaired, among homeowners or bankers. The same could be said of property markets in Ireland and Great Britain.
 

Want to hedge against the Gold Standard? Try trading binary options. 

Price of Gold, why is it shooting up so fast?

Golden years binary options trader:
"Gold is going to keep going up"

HOUSTON: While many analysts have forecast that gold prices will eventually hit USD 3,000 an ounce, after hitting a record USD 1,800/ounce last week, economic experts at Kansas State University have warned that it is only a matter of time before the bubble bursts.

The huge federal deficit and a deteriorating economy have made many investors fearful of the US economy entering a period of stagnation, driving stock prices downward, said Lloyd Thomas, an economics professor at Kansas State University.

In this period of uncertainty, many are selling stocks and corporate bonds and putting their money into gold.

Recently, gold prices skyrocketed to as high as USD 1,800 an ounce and Thomas said the price might continue to creep higher as economic concerns grow.

"People believe that gold is a hedge against uncertain times," he said.

"In the long run, gold prices have kept pace with inflation. People are flocking to it," he added.

"But in 2000, the price of gold was USD 300 an ounce. It has gone up six-fold since then and it might go up higher than what it is right now. It's gone up too fast -- it's a bubble," he claimed.


Read the full article on The Economic Times

 

Top-Ten Funniest Explanation of What are Binary Options

Hysterical Binary Options Trader

List of Top-Ten Funniest Explanation of Binary Options

Binary options trading is the hottest thing since margin-investing and CDI's - except way more legitimate and totally legal. Not everyone is 100% sure what is a binary option or what it means to trade them. Below are the funniest explanation that we have gotten so far. Enjoy.





 

Top Ten Funniest Explanations of
What are Binary Options:
10) Stocks that perform magic by using confusing math.
9) Commodities that make you money when they loose money

8) Investment instrument that let you pry open the markets value
7) Piggy bank for those that have science degree in math.
6) It is the equivalent of Diet Coke for the investment community, all the fun and no calories.
5) It's that thing them investment-boys are doing these days.
4) I don't know, I can't even figure out how to use Facebook.
3) Is that trading stocks in Morse code?
2) Binary option is when a person trading stocks has to think like a computer.
1)Have no idea what it is, but sure have fun trading them.

Laughing Binary Options Trader

We'd like to thank this site for the top-ten list of funny explanations for What Are Binary Options


binary, trading, options, binary options trading, trade, online, top ten, funny, hilarious

Pricing the Binary Options for trading in market.

Binary Option pricing is similar to some extent to vanilla option pricing in that is uses the basics of the Black Scholes pricing model to create a cash or nothing payout profile.  Binary options, or digitals options can also be priced as a asset or nothing type of payout, where the prices of the asset need to be valued prior to the pricing model evaluation.

A binary option has a predefined payoff. For most options the payoff

Binary Option pricing is similar to some extent to vanilla option pricing in that is uses the basics of the Black-Scholes pricing model to create a cash or nothing payout profile.  Binary options, or digitals options can also be priced as a asset or nothing type of payout, where the prices of the asset need to be valued prior to the pricing model evaluation.

A binary option has a predefined payoff. For most options the payoff of an option is unknown and is only known upon exercise of the option, which the payoff for a call option being the asset price on exercised less the strike price of the options. In contrast a digital option has the payoff defined when the option is issued.  For example, the payout is a specific cash value know prior to entering the transaction.

The payoff of a Digital option is preset value (cash amount -as in a Cash-or-Nothing option) or a unit of the underlying option (ie an Asset-or-Nothing option). For example a Cash-or-Nothing option on a stock would either payoff zero or a fixed cash at expiry, similar an Asset-or-Nothing option would either payoff zero or a fixed number of stocks.

In pricing a binary option, there are a number of variables that need to be used, similar to a vanilla options.  These variables include:

Market Price :

The market price of the underlying asset on the valuation date.  When evaluating an option in real-time, a trader would used the current underlying price to determine the current market price.  Traders could also use the closing price of the prior day to gauge an estimate of the market price.

Strike Price :

This is the price level at which the option holder has the right to buy or sell the underlying asset. It is the most straightforward input as it will always be given in the option contract.  In general, the market price in a binary option is also the strike price.  In a “above or below” option, the market price is the price that is used to determine the strike price.

Time to Maturity :

The time until the option expires and the holder is no longer entitled to exercise the option.  For binary options, this is usually the end of the day or the week, as well as a specific time in terms of hours.

Interest Rate :

The risk free interest rate for the period until the option expires. The risk free rate should typically be a zero coupon government bond yield.  For example the risk free rate for the US is current less than 25 basis points or very close to zero.  This factor will not change the value of a binary option since most are very short dated.

Volatility :

Albert Einstein Understood Binary Decision Making.

Volatility is probably the most important single input to any option pricing model. There are numerous methods for estimating volatility.
Historic volatility entails using historic price data for share price movements. A key issue is how far into the past to collect data from. A useful rule of thumb is to collect data from as far back as the options term. Historic volatility is often considered as flawed as it assumes the past will reflect the future – thus several forward-looking measures of volatility can be more powerful and accurate:
Historic Volatility is the volatility of an asset based on its past price movements. The volatility of the underlying asset for the option’s remaining life is a key input into most option pricing models, however this volatility is never in practice observable since it is based on future price movements which cannot be known. Thus, volatility must be forecast, and one method of forecast is to use the historic volatility of the asset which is calculated from its past price movements.
Typically, daily data is used and the standard deviation of the daily log of price movements is the volatility. If daily data is used then a daily volatility is the output from a calculation. For input into an option pricing model such as Black Scholes the annualized volatility is required.
Implied Volatility is the volatility implied by the market price of traded options. As the price is already known and the volatility (which is typically an input) is unknown the pricing model is reversed to determine the volatility. Other models such as ARCH, EWMA, GARCH use historic data and condition the data using factors such as mean reversion to achieve a more accurate volatility forecast.
Implied Volatility is the volatility derived from an option with a known price (or premium). If the price of an option is known, the other inputs (such as spot, strike, time etc) can be either taken from the option contract or market data sources, thus the only remaining unknown input – the volatility  can be solved for. The Black Scholes option pricing formula cannot be reversed to express volatility in terms of other inputs so an iterative approach is required by testing different volatilities.

Binary Code looks like this

Yield :

The average yield generated by the underlying asset for the life of the option. This can be either a dividend or the income generated by a commodity. It is often difficult to forecast the yield for the entire option life so the current yield of the asset is often used.

Conclusion

Binary options are generally priced in a way were the dealer or broker is taking a fee in the theoretical price of the option.  There are numerous tools that can be used to determine if the price of a binary option is relatively fair, and if your broker or dealer is given you a realistic market price.

Some common info on what are binary options:

Binary option (From Wikipedia)

In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. Thus, the options are binary in nature because there are only two possible outcomes. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and Fixed Return Options (FROs) (on the American Stock Exchange). Binary options are usually European-styleoptions.
For example, a purchase is made of a binary cash-or-nothing call option on XYZ Corp's stock struck at $100 with a binary payoff of $1000. Then, if at the future maturity date, the stock is trading at or above $100, $1000 is received. If its stock is trading below $100, nothing is received.
In the popular Black-Scholes model, the value of a digital option can be expressed in terms of the cumulative normal distribution function.
Click here to read the full Wikipedia article on Binary Options




A binary option is a fixed return option because there are only 2 possible outcomes which are fully realized at the onset of the contract
A binary option is a contract which gives the buyer (known as the owner) the right, but not the obligation, to buy an underlying asset at a fixed price within a specified time frame.
The items being traded are known as underlying assets and they could be a range of products: currencies (e.g. USD/JPY), commodities (e.g. Oil, Gold), stocks (e.g. Microsoft, Coca Cola) or indices (e.g. Nasdaq, FTSE 100). The fixed price at which the owner buys or sells at, is known as the strike price.
When trading binary options, the buyer of the option chooses whether he thinks the underlying asset will hit the strike price by the selected expiry time – this could be at the end of the nearest hour or the end of the day, week or month.
The owner places a call option on his binary option trade if he thinks that at the expiry time the option will be higher than the current price. He places a put option if he thinks that at the expiry time the option will be lower than the current price.

Want to try and trade binary options on your own, visit http://optionsclick.com

Thank you to this source for the info on Binary Options

Oil prices plunge, but motorists not getting much relief at pump

By ROD WALTON World Staff Writer
Published: 8/9/2011  2:26 AM
Last Modified: 8/9/2011  3:58 AM

Crude oil futures fell to their lowest level in nearly a year Monday, but Tulsa gasoline prices are still clinging to an average that was charged when a barrel cost close to $20 more.

"With markets the way they are, it's anybody's guess on what they're going to do," AAA-Oklahoma spokesman Danial Karnes said. "It's all over the board."

That board is making a steep downhill run at the moment. West Texas Intermediate crude oil for September delivery dropped $5.57 on Monday to settle at $81.31 per barrel on the New York Mercantile Exchange.

The closing crude price is the lowest since it settled at $80.05 on Aug. 31, 2010. The one-year high for WTI was $114.83 per barrel on April 29.

Tulsa retail gasoline, meanwhile, is not falling by the same leaps and bounds. The Tulsa average reported by AAA is $3.44 per gallon, but it was closer to $2.50 when domestic crude oil was last around $80.

"Gas prices aren't always logical," Karnes said. "But logic tells us if oil continues to fall, then gas prices should continue to fall as well."

The price at many QuikTrip stations in Tulsa was $3.39 on Monday afternoon. The QuikTrip price at the end of last August - the last time crude oil was anywhere near this low - was $2.46 per gallon. 

click here to read the full article 

Special thanks Binary Trading Tips for finding this article

US Credit Rating Cut by S&P

Equities

Wall Street’s Thursday woes led to a steep drop in Asian markets on Friday. The Nikkei fell 3.7% to 9305, and similarly, the Kospi dropped 3.7%. Oil-related stocks were hit hard, following a steep drop in crude oil. Australia’s ASX 200 tumbled 4% to a 2-year low, and the Hang Seng shed 4.3%. China’s Shanghai Composite fared better than most, losing just 2.2%.
European markets extended their losses, as the FTSE fell 2.7%, the DAX dropped 2.8% and the CAC40 decline 1.3%. The oil and gas sector fell 3.4% on concerns about economic growth, and Royal Bank of Scotland tumbled 6.9% after reporting a loss of $1.1 billion.

The Crashing Trader

US stocks swung wildly, as the market digested an upbeat jobs report. The Dow initially opened up more than 170 points, and from that point dropped more than 420 points before reversing to close up 61 points. The S&P 500 closed down .7% and the Nasdaq ended with a loss of .9%. For the week, the S&P 500 fell 7.2% and the Nasdaq dropped 8.1%, their steepest losses since November 2008.

Dow Swings more than 400 Points
Priceline shares jumped 9% on strong earnings which beat forecasts.

Treasuries and Commodities

After the close, S&P cut the US credit rating to AA+ from AAA, a move the White House labeled hasty.
Treasuries sold off, as rumors of the credit cut weighed on fixed income. 10-year notes fell 1 12/32 to yield 2.56%, and 30-year notes plunged 3 11/32 to yield 3.85%.
Gasoline futures jumped 2.5% to 2.8052, while crude oil inched up .3% to 86.88, recovering from an earlier drop down to 82.87
Metals continued to decline, as silver fell 3.1% to 38.21, gold dropped 7.20 to 1651.80, and copper lost 2.8% to 4.117.

Currencies

The Euro surged 1.4% to 1.4290 as Italy announced steps to react to the country’s debt woes. The Pound gained .8% 1.6391, and the Yen advanced 1% to 78.42, while the Swiss Franc and Canadian Dollar closed little changed.

Economic Outlook

Big Ol' Dollar Sign, USD

Non-farm payroll data showed the US economy gained 117K jobs in July, far better than the 89K forecast, and the unemployment rate dipped to 9.1%. This was the first upbeat jobs report since April.
Consumer Credit jumped 7.7% in June, a positive sign of consumer confidence.


An emergency meeting was held over the weekend between global financial officials, to address the debt troubles facing the US and Europe.


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Trading Binary Options VS Casino bets

Are binary options like gambling?

 

I have heard several times from people that when you are buying and selling Binary Options, your are basically gambling. While this maze be the case for some people who have addiction issues, they are both quite different. 

Casino games are based on luck and binary trading is based on real market conditions. This is not to say that casino's don't also involve skill or that binary trading doesn't experience luck, but the basis for the trades and exchanges of the two are very different. 

The thing is that casino games are designed for users to win in order to keep them entertained and binary trading are based on which ever direction the market swings, So not sure which one is better.

Got this article from this source

What is Binary Options Trading?

I ran into this new phenomena on the web earlier this week, called "Binary Options Trading"  -  And its a new way of either loosing your money fast, or making money quickly - it all depends on how disciplined your are and how well you are able to leave your emotions out of the equations.

Trading options on a binary basis is basically where you take you gut instinct and ability to extrapolate from graphs and use that to place positions on the market that will either cost you the full amount wagered, or will result in a profit margin of about 85%

You are basically placing bets on 50/50 risks and getting a 40/60 profit return, which is how these investments houses make money. So they basically make more money from you when you win than when you loose.

There are several basic methods that are considered common binary options

high/low - with this form of trading option, you basically are placing an order that the stock will either go up, or will go down, from its current position.
in/out or range - For various ranges within the graph of a stock or in-dices, you can basically make money by correctly predicting if the stock will remain close to its current value or if it will move away from its current value, no matter if that means going up in value or down in value
range
touch -  This one is a bit harder to explain, but you are basically investing on the premise of prediction that a stock will be touching a specific high or low point on a graph at the end of the time allotment that the option allows.



Overall options trading is an interesting way to make a few extra bucks if you have the resources available to you. I would recommend that anyone that ventures in to binary options trading take it slow and thoroughly read graphs and charts before making even a small bet.

I would advise strongly against risking your money if you are feeling at all emotional about the previous trade. Specifically, if you lost money on your last trade, DO NOT double down on your next trade in an effort to balance out the previous lost. This is an amateur mistake and don't allow yourself to do it.

If you want to check out some more sites, I would recommend optionsclick.com as a good place to learn more.

If you are looking to invest large amounts of money or need to invest for the long term, consult a financial planner on the matter.