Binary Options: Strategies for Directional and Volatility Trading

Preface

Exchange-traded binary options are fixed-risk/fixed-reward instruments that are fairly simple to trade. They are distinctly different from regular vanilla put/call options and they absolutely should not be confused with over-the-counter binary options. In this guide, we will cover what sets exchange-traded binary options apart and explain to you in great detail how they work.

Please read this guide very carefully and follow along with the examples provided. The text is deliberately packed with a ton of examples, some of which may seem repetitive to you. The idea behind this is that once you go through enough examples, you will be able to grasp the concept. In order to solidify the concepts even further, you can visit www.traderschoiceoptions.com for more trade examples and even quizzes. Once you are clear on the concept, you may find binary options to be simple to implement. You will also see that they have certain unique and clear advantages that provide for potentially great trading opportunities.

This guide is beneficial for beginner, intermediate, and advanced traders who are not familiar with binary options.

If you are a beginner, all concepts are diligently explained, and you will find a detailed glossary to cover all trading-related terms that you may or may not be familiar with. You certainly don't need to be a mathematics genius to trade binary options. The only type of math really involved is basic addition and subtraction. You really need to understand the concept, ...