How to Become a Successful Binary Options Trader

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How to Become a Successful Binary Options Trader

Posted on by John Thiel

A friend of mine asked me recently if I have been taking hits on binary options contracts. I smelled a rat so immediately I told him that I have absorbed some losses recently, specifically on commodities like XOM (which by the way is undervalued) and Comex Gold. Now, obviously since the Eurozone sovereign debt crisis started effecting how everyone buys and sells stock options, I immediately switched to Cbot Corn and Soybean since I did my research by using the candlestick patterns and analyzing financial news.    I didn’t want to tell him that the recent developments in global markets …

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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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How to Make Money Trading Binary Options

Posted on by John Thiel

Digital options trading is on the rise, period! So obviously one would have to assume that there’ money to be made here. Well, what seems obvious to seasoned traders may not be so obvious to novice day traders and newcomers looking to invest online. From a regulatory perspective, this industry is still reminiscent of the old days of the internet, when it was pretty much legal to do anything. So, the fact that the Wall Street bigwigs and other regulatory entities have not carved out their cut of the niche yet, doesn’t mean they don’t have their eyes on it. …

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