OptionBit Digital Trading Tutorial

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OptionBit Digital Trading Tutorial

Posted on by John Thiel

The following post is a step-by-step trading guide or tutorial designed to do the following things: 1. Explain, in the most simple and easy to understand way how to register an account with OptionBit, one of the more well-known and recommended online binary options brokers. 2. How to enter the cashier, make a deposit using a credit card, making a wire transfer or via Western union (OptionBit is currently working towards integrating an ewallet and paypal solution) depending on how you would prefer making your purchase and receiving your bonus or educational allowance. 3. How to select the underlying asset, …

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How to Invest in Gold When Trading Binary Options

Posted on by John Thiel

It’s common knowledge that commodities are used in order to minimize risk and as a way to diversify the stock portfolio because they are considered to be a relatively low risk form of trading. But why do investors flock to the gold during times of high volatility? I mean you have Copper, Corn, Silver, Oil, & so on…The answer is simple, as opposed to other commodities, lets say oil for example that is more prone to market demand and fluctuates accordingly, gold is a sure way for investors to make sure their money keeps its value and is not devalued …

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How to Use a Naked Put in Binary Options Trading

Posted on by John Thiel

The classic Naked Put definition refers to a scenario when a writer owning a put option does not have a short position in the stock on which he’s written the put. This situation is also known as an “uncovered put”, and the level of risk is very high because the profit is limited to the premium received at the time the option is sold. I have seen a lot of novice traders lose a lot of money because they do not know how to manage risk properly. I have two friends who trade binary options on a regular basis and I …

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Learn How to Get Bigger Bonuses from Binary Options Brokers

Posted on by John Thiel

The biggest bonus I ever received for my first deposit was from Traderush. They called it educational allowance, but its actually a bonus like you would get when you make a deposit at an online casino or poker site.  This is how it happened. I was referred to Traderush, one of the newer binary options brokers available online by my friend. He claimed these guys know their business. First they know options, secondly they are not too pushy but let you know that if you want to make a a purchase online they are always available to assist. Now here’s …

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How to Use Your Visa Card To Deposit at OptionBit

Posted on by John Thiel

The following post is a step-by-step deposit guide explaining how to open an account with  and to deposit with visa at OptionBit, one of the best binary options brokers online ( this information is also valid for Visa Electron, Prepaid Visa, and Visa Gift cards). For more in depth analysis and reviews of binary options brokers depositing options please refer to the homepage. Step 1. Log on to OptionBit by clicking Here. Sign up and enter your details as requested. Step 2. You will be immediately referred to the cashier section of the binary options trading platform. The default option is …

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Your Binary Options Trading Guide to Making a Safe and Consistently Growing Stream of Income

Posted on by John Thiel

When I finally left my corporate position at one of the bigger financial institutions I decided that it was time to start managing my own money. At the time binary options trading online was just beginning, but I already had  a special affinity for this particular financial instrument. Looking back I remember all the money I managed for my top clients and then it finally hit me. It’s different when you risk your money, and not someone else’s. I got a real kick out of it and being an analytics freak who believes in minimal risk and is willing to make lesser …

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Learn How to Manage Risk in Binary Options Trading

Posted on by John Thiel

All forms of trading involve some degree of risk. It doesn’t matter if your buying shares of BP stock based on positive quarterly results or EBITDA data,or selling short BME because you think austerity measures in Spain won’t measure up to Standard & Poor’s credit rating criteria – you will always have some degree of risk involved in  trading. Your ability to read market sentiment and analyze the stock patterns using Japanese candlestick charting techniques and chart patterns like a cup and handle (or cup without a handle) will mean the difference between your contract expiring out of the money or hopefully having …

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Make Money Trading Binary Options

Posted on by John Thiel

Sometimes in markets, as in life the solutions present themselves as you progress. When I started trading online the internet was a relatively new and unknown medium. Today, some of my best friends engage in financial betting; either in Forex options, commodity trading, or indices. So when I started out I was clueless and had no experience, but I had a very strong desire to succeed, a good grasp of figures, and since I was young and with no commitments I could afford to take risks. Today, I’m 10 years older with a tremendous amount of trading experience both offline …

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Trading Binary Options – Getting Started

Posted on by John Thiel

Binary options are simple financial instruments traders can use to make money trading online within a short period of time. I will try to explain the basic concepts and initial terminology in binary options trading so hopefully this can help you derive insights and succeed. Binary options are one of many financial instruments you can utilize to start trading online and make money. Binary options offer a plethora of financial assets from various categories you can select. In most cases you will notice trading on the indices (i.e NASDAQ, Dow Jones, NYSE & so on), commodities, currencies, and stocks. Also …

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Binary Options – Trading Simplified!

Posted on by John Thiel

Binary options is really trading as simple as it comes. At first glance, the name “binary” gives the impression of something sophisticated or mathematical. Well, in reality this could not be farther from the truth, and most traders I know like to keep things as simple as possible, so keeping this in context the best way to view it would be to visualize a kind of trade with only two possible outcomes or scenarios known a “in the money” or “out of the money”. Why is it So Easy? Well, for starters, if you are an investor looking for a …

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