Tag Archives: high low

How to Become a Successful Binary Options Trader

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 …

Binary Options Demo Account

Anyone wanting to start trading binary options online will have to open an account with a broker first. Before you open a real money trading account, its best you register for a free demo account. The benefits are obvious, it allows you to simulate a trade in close to real life  circumstances from the comfort of your own home, without taking any real risk. Whether you are an experienced trader, or an amateur just starting out, opening a practice account with one of the recommended platforms is mandatory. Just like you wouldn’t buy a car without taking it for a …