Many binary option traders started off trading with the common high-low binary option. Once they are more experienced, many binary option traders will look to more advanced types of options to get an edge on the market.
Note that even the term binary option carries different meaning depending on where you reside. In this article, we are talking about the more popular variety, which is the european binary option traded outside the United States.
This is the most common type of binary option used by novice traders. Traders buy a call if they expect the underlying price to go up or a put if they expect the underlying price to go down.
When a trader purchases a one-touch binary option, a payout is earned when the underlying asset price reaches or surpasses a specific price barrier anytime before the option expires.
Conversely, for a no-touch binary option, a payout is earned when the underlying asset price does not reach or surpass a specific price barrier before the option expires.
With double touch/no touch binary options, there are two price barriers - namely the upper or lower price barrier - for the underlying asset price to either hit or miss in order to receive a payout.
Learn how the One-Touch, No-Touch and Range/Boundary binary options differ from the common high-low viety and how to trade them...[Read on...]
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Learn how you can get scammed when trading binary options if you are not careful... [Read on...]
With so many scam brokers out there, before you learn how to trade, one must know how to separate the wheat from the chaff and find a trustworthy binary options brokerage....[Read on...]
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